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.

The IMF expects the global economy to grow 5.5% this year - a 0.3 percentage point increase from October's forecasts.

As of 2019, there were 645,000 vehicles in the federal government's fleet

Europeans got more of their electricity from renewable sources than fossil fuels for the first time last year, according to an annual report from Ember and Agora Energiewende.

China brought in $163 billion in inflows last year, compared to $134 billion attracted by the U.S., the United Nations Conference on Trade and Development wrote in a report released on Sunday.

Xpeng's NGP is a challenge to Tesla's autonomous driving system called Autopilot.

The head of the International Monetary Fund on Monday said the global lender needed more resources to help heavily indebted countries, citing a highly uncertain global economic outlook and a growing divergence between rich and poor countries.

China's economy grew more than expected last year, even as the rest of the world was upended by the coronavirus pandemic.

Digital decoupling between China and the United States could severely impact EU businesses in China and they should "prepare for the worst" and may be forced into a costly separation of their international operations, European business groups said.

Taiwan's Foxconn and Chinese automaker Zhejiang Geely Holding Group said on Wednesday they will join hands to provide contract manufacturing for automakers.

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

One expert said that the new rules, especially around data, are part of China's broader effort to become a "technological superpower."

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

South Korea's Hyundai Motor said on Friday it was in early, unspecified talks with Apple after a local broadcaster said the pair were discussing an electric car and b

Byton, Foxconn and Nanjing Development Zone signed a strategic cooperation framework agreement on Monday to jointly produce Byton's M-Byte SUV by the first quarter of 2022.

Chinese electric car start-ups Nio, Li Auto and Xpeng each announced in the last few days that vehicle deliveries surged last year.

The approach of cutting off China's technology companies could continue under a Biden presidency, said Adam Segal, director of the Digital and Cyberspace Policy program at the Council on Foreign Relations (CFR).

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.

Velodyne stock rose nearly 23% on Monday. Luminar rose over 27%.

South Korea-based LG Electronics said on Wednesday it has agreed to set up a $1 billion joint venture (JV) with automotive supplier Magna.

The U.S. economy grew at a record pace in the third quarter, fueled by more than $3 trillion in pandemic relief.

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.

Apple is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, people familiar with the matter told Reuters.

Millions of Americans have awaited aid for months as Congress failed to agree on another plan to boost a health-care system and economy buckling under the weight of the pandemic.

When Tesla officially joins the S&P 500 on Monday, Elon Musk's electric car company will instantly become the top performing stock in the index for 2020.

The United States added dozens of Chinese companies, including the country's top chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology Co Ltd, to a trade blacklist on Friday as U.S. President Donald Trump's administration ratchets up tensions with China in his final weeks in office.

Makers of cars and electronic devices from TVs to smartphones are sounding alarm bells about a global shortage of chips, which is causing manufacturing delays as consumer demand bounces back from the coronavirus crisis.

U.S. manufacturing output increased more than expected in November.

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 United States International Trade Commission (ITC) on Wednesday delayed a decision in a trade secrets case involving South Korean battery makers LG Chem and SK Innovation to Feb. 10.

European start-ups are on track to raise a record $41 billion in 2020, according to venture capital firm Atomico's State of European Tech report.

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.

Tesla has obtained permission to start selling its Shanghai-made Model Y sports utility vehicle in China.

China has accused India of discriminatory practices that violate World Trade Organization rules after the latter banned more Chinese mobile apps.

Tesla may be the new kid on the block in the auto industry, but it's quickly become a big kid on Wall Street.

Siemens Mobility and Deutsche Bahn have started developing hydrogen-powered fuel cell trains and a filling station which will be trialled in 2024 with view to replace diesel engines on German local rail networks.

It sounds like science fiction: giant solar power stations floating in space that beam down enormous amounts of energy to Earth. And for a long time, the concept - first developed by the Russian scientist, Konstantin Tsiolkovsky, in the 1920s - was mainly an inspiration for writers.

China is cashing in on fears that the West's faltering economic recovery will keep interest rates near record lows for a long time.