"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, a cochair of CATL, told a WEF panel in Davos, Switzerland.

World's richest person and a Test and X boss Elon Mush is not present in Davos for the annual economic summit. He said he was invited but the World Economic Forum has said otherwise.

At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

A change in the H-1B visa policy for highly skilled professionals from India under Trump 2.0 would be "fantastic" for the US as it needs them, American economist Kenneth Rogoff told NDTV at the World Economic Forum (WEF) meeting in Davos.

"Elon and I hugged it out," Dimon told CNBC in a TV interview at the World Economic Forum's annual event in Davos, Switzerland. "He came to one of our conferences, [and] he and I had a nice, long chat. We settled some of our differences."

A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from Donald Trump's presidency, as global elites descend on Davos for their annual confab.

Trump's second presidency dominated proceedings at the World Economic Forum amid ominous warnings over the looming threat of trade tariffs and his decision to pull the United States out of the Paris climate agreement.

Julie Sweet, CEO of Accenture, joins CNBC's Andrew Ross Sorkin at the World Economic Forum in Davos to discuss key global issues such as AI, tariffs, and workforce transformation. She emphasizes Europe's focus on competitiveness amidst tariff uncertainties and highlights varying levels of economic confidence worldwide.

While addressing Trump supporters in Washington on Monday, the tech billionaire brought his hand to his chest and extended it straight out, twice, before saying: "My heart goes out to you." The gesture sparked controversy as it drew comparisons to a Nazi salute.

U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla CEO wanted to do so. Bloomberg News reported last week that Chinese officials were in preliminary talks about a potential option to sell TikTok's operations in the United States to Musk,

German Chancellor Olaf Scholz on Tuesday vowed to "defend free trade as the basis of our prosperity", a day after US President Donald Trump threatened to impose tariffs and taxes on trade partners.

The MD acknowledged the sluggish demand environment in India, with commercial vehicle and passenger car sales under pressure. However, he expressed optimism for a rebound in Q4 (FY25) and a stronger outlook heading into FY26.