Xiaomi plans to invest about $10 billion over the next decade to manufacture electric cars, embarking on its biggest-ever overhaul to enter China's booming EV market.

Nio will temporarily halt production at one of its factories in Anhui province because of a semiconductor shortage, becoming the first high-profile Chinese carmaker to succumb to the chip snarl that's silenced the factory lines of auto manufacturers globally.

China's Xiaomi plans to make electric vehicles (EV) using Great Wall Motor's factory, said three people with direct knowledge of the matter, making it the latest tech firm to join the smart mobility race.

BMW says it will have 13 BEVs on sale in 2023, from compact cars to the biggest, most luxurious cars to wear the blue-and-white propeller. And by the end of 2025, the plan is for BMW to have delivered a total of 2 million plug-ins to customers.

General Motors president Mark Reuss has provided more details about GM's next-generation Ultium battery chemistry and announced a joint development agreement with lithium metal battery innovator SolidEnergy Systems.

US-listed Chinese electric vehicle (EV) makers Li Auto, Nio and Xpeng plan to list in Hong Kong as soon as this year, tapping a growing investor base closer to home, said people with direct knowledge of the matter.

Chinese electric car start-up Nio said Tuesday a shortage in semiconductors and batteries will cut its production capacity in the second quarter to 7,500 vehicles a month, down from 10,000.

China's Huawei plans to make electric vehicles under its own brand and could launch some models this year, four sources said, as the world's largest telecommunications equipment maker, battered by U.S. sanctions, explores a strategic shift.

Electric-car maker Fisker said on Wednesday it will collaborate with Foxconn on an electric vehicle project and forecast that production would start in the fourth quarter of 2023.

Electric vehicle (EV) registrations in the US in 2020 reached record market share of 1.8%, demonstrating increased consumer interest for electric vehicles, according to new analysis from IHS Markit.

Honda Motor is promoting its current head of research and development Toshihiro Mibe to chief executive, the latest in a number of bold moves the automaker is taking to step beyond its more than half-a-century-long reliance on selling gasoline-powered cars.

A new president took office this month determined to fight climate change. Wall Street investors think Tesla is worth more than General Motors, Toyota, Volkswagen and Ford put together. And China, the world's biggest car market, recently ordered that most new cars be powered by electricity in just 15 years.

An EU plan for a fifty-fold increase in electric cars this decade to help cut greenhouse gas emissions will require an 80 billion euro ($96.5 billion) investment in charging points to support it, power industry group Eurelectric said on Tuesday.

As part of the Silicon Valley giant's secretive push into the automotive space

Chinese search giant Baidu will create a standalone electric vehicle company, a person familiar with the matter told CNBC.

Indonesia and a unit of South Korean firm LG Group have signed a memorandum of understanding (MOU) on a $9.8 billion electric vehicle (EV) battery investment deal, the head of Indonesia's Investment Coordinating Board said on Wednesday.

Tesla CEO Elon Musk tweeted on Tuesday that he tried to get a meeting in 2018 with Apple CEO Tim Cook about the possibility of Apple buying the electric vehicle giant - but that Cook refused.

Tesla, the U.S. automaker, will send delegations to Indonesia next month to discuss potential investment in a supply chain for its electric vehicles, the government said on Saturday in a statement.

The government is also drawing up a long-delayed energy white paper that is expected to set out plans for decarbonising the sector.

All new vehicles sold in Japan by the mid-2030s will be hybrid or electric as the government begins to unveil concrete steps for reaching its goal of becoming carbon neutral by 2050, broadcaster NHK said.

South Korea's LG Chem plans to more than double production capacity of battery cells it makes in China for Tesla electric vehicles (EV) next year, sources said, to keep up with its U.S. client's growth in the biggest car market.

Ford Motor has reversed course and is now considering making its own battery cells as sales volumes of electric vehicles rise around the world, the automaker's top executive said on Friday.

China needs to step up the recycling and repurposing of batteries for electric vehicles in order to ease supply strains and curb pollution and carbon emissions, environmental group Greenpeace said on Friday.

Panasonic said on Thursday it is working to develop a new battery cell for Tesla Inc based on the U.S. electric vehicle maker's new cell format, as the Japanese company moves forward its decade-old partnership with Tesla.

LG Chem, the world's top electric vehicle (EV) battery maker, is in talks with a "couple" of automakers to create joint ventures to produce automotive batteries, Chief Executive Officer Hak Cheol Shin told Reuters on Friday.

ChargePoint, one of the world's oldest and largest electric vehicle charging networks, said on Thursday it will go public by merging with Switchback Energy Acquisition in a deal that values the company at $2.4 billion.

The need for larger rechargeable batteries and more energy storage for 5G technology is expected to significantly boost demand for cobalt over coming years and potentially pit the sector against electric vehicle makers.

South Korea's LG Chem, an electric car battery supplier for Tesla and GM said on Thursday it plans to separate its battery business into a new company as the electric vehicle market takes off.

SK Group, South Korea's third-largest conglomerate, said Tuesday it has secured a stake in a chipmaking unit of China's largest electric vehicle (EV) producer BYD.

Japan's Mitsubishi Electric said on Thursday it would buy part of a plant in western Japan from Sharp to meet growing demand for power management chips used in electric vehicles (EVs).

That's over the course of its lifetime, not per charge.

The plan seeks to eliminate consumer anxiety over range.

Too bad there's only one.

Tesla has delivered its first cars made in China, marking a major milestone for the electric vehicle maker.

A feud between two South Korean battery makers escalated on Friday as SK Innovation said it plans to sue bigger rival LG Chem in the United States over alleged patent infringement related to electric vehicles.

Tesla has been toiling away trying to get its third official Gigafactory near Shanghai online and ready for production, and the work has gone at an almost shockingly quick pace. So quick in fact, that Morgan Stanley's Chinese automotive team said that it should be ready to start building cars by the end of the year, according to a report published Wednesday by Electrek.

Tesla shareholders have approved a huge pay deal for its chief executive, Elon Musk, worth an estimated US$2.6 billion. It is believed to be the biggest share-based pay deal in US corporate history.

SAIC Motor and Infineon Technologies have announced the establishment of a joint venture to manufacture power modules for the dynamically developing electric vehicle market in China.

Tesla upstaged its own debut of an electric heavy duty truck on Thursday when a red Roadster pulled out of the big rig's trailer and Chief Executive Elon Musk said the new $200,000 sports car would be the fastest production car ever.

Luxury electric vehicle maker Tesla fired about 400 employees this week, including associates, team leaders and supervisors, a former employee told Reuters on Friday.