Battery raw material sourcing: Mercedes-Benz AG and Rock Tech Lithium Inc. sign an initial supply agreement for on average 10,000 tonnes of battery-grade lithium hydroxide per year – enough for around 150,000 electric vehicles

BMW is set to phase out all UK production of the award-winning electric Mini and move it to China, dealing a serious blow to hopes the UK could be a global hub for manufacturing zero-emission vehicles .

European industrial giants have feared for months that gas shortages will paralyze production this winter. But even with available fuel, companies cannot afford it. "It's not about standing still