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Will China be the leading market for Tesla batteries and electric cars, or its top competitor? A new study by Bloomberg Intelligence reports that Chinese companies are at work on plans to produce more than 120 gigawatt-hours a year by 2021. Demand for lithium-ion batteries is forecasted to radically increase in the next five years […]

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China-based electric carmaker Future Mobility Corp. is sticking to its plan to launch an electric SUV by late 2019, even if government approval gets dragged out longer. The startup founded by former BMW and Nissan executives has courted enough financial backers to start building a $1.7 billion factory in Nanjing, but the regulatory process needed […]

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