Unionized workers of Samsung Electronics have voted in favor of a strike after failing to reach a deal on wage hikes with management, according to industry sources. Wage negotiations between management and labor broke down in February after rounds of talks over this year's wage increase.

The Biden administration is considering restrictions on imports of Chinese "smart cars" and related components that would go beyond tariffs to address growing US concerns about data security, according to people familiar with the matter.

Although economic factors are the main reason for tech layoffs, many companies are citing the race for artificial intelligence as a factor, as they are shifting resources to focus on AI talent.

Tesla is recalling more than 1.6m Model S, X, 3 and Y electric vehicles exported to China for problems with their automatic assisted steering and door latch controls.

The crises that have brought supply chains to their breaking point have highlighted an urgent need for change. This will result in a far more robust and balanced framework for global trade and manufacturing.

Tesla is recalling more than 120,000 of its vehicles because unlocked doors may open during a crash, increasing the risk of injury, according to safety regulators.

Asked by analysts on Ambarella's most recent earnings call whether the company had changed its automotive strategy, Ambarella CEO Fermi Wang said the firm had increased its focus on the Chinese market.

Decades old norms are being challenged in the power semiconductor industry as Omdia predicts an explosion in novel semiconductors due to the electric vehicle (EV) revolution. Will the AI boom have a similar impact?

The world's chipmakers are failing to meet an international target to achieve net-zero carbon emissions by 2050, experts told EE Times. The first milestone is for emissions to peak in 2025 and steadily fall, one said.

Oil prices are on track to reach $100 a barrel this month for the first time in 2023 after surging by almost 30% since June, after Russian and Saudi Arabian production cuts and rising demand from China.

Foxconn should have played this smarter. The deal was part of a broader strategy to buy its way into the EV market, in which it has no background. It ought to have viewed the Lordstown transaction the way a venture capitalist does with any unproven startup. But instead it got all legalistic, which it has every right to do, and now both sides are slinging mud.

Though technology companies announced massive layoffs last year, 2023 has been much worse. So far, layoffs have far outpaced those in all of 2022, as tech giants including Amazon, Facebook parent company Meta, Microsoft, Google, IBM, SAP, and Salesforce - as well as many smaller companies - announce sweeping job cuts.

Cutting economic ties with China is unrealistic, the chief executive of luxury carmaker Mercedes-Benz told tabloid newspaper Bild am Sonntag, and said attempting to do so would put most of Germany's industry at risk.

Ford Motor is hitting the brakes in China, the world's largest auto market, with new plans to scale back investment in order to improve profitability.

IBM CEO Arvind Krishna said the company expects to pause hiring for roles it thinks could be replaced with artificial intelligence in the coming years.

Tesla says it has no plans to stabilise the prices of its popular electric vehicles, despite repeated price cuts denting its profits.

Ford Motor on Tuesday unveiled its first all-new electric vehicle exclusively for the European market and said it plans to leverage the well-known Explorer nameplate to gain traction. The EV crossover is part of Ford's plans to transition its European lineup to be entirely electric by 2030. Other than the Explorer name and some design attributes, the new vehicle shares little to nothing with the gas-powered SUV in the U.S., or a plug-in hybrid version that's currently available in Europe.

"The challenge for Ford and for everybody else is trying to figure out how to provide these kinds of mobility services and actually build a viable, self-sustaining business out of it while keeping the cost of the service affordable for people using the services," said Sam Abuelsamid, principal research analyst at Guidehouse Insights. "They're still struggling. Everybody is still struggling with that part of it." Ford has scaled back its ambitions and is focusing on technology that can make money in the near term.

Ford Motor is about to tell investors what they've long wondered: How much is the transition to electric vehicles costing? The automaker on Thursday plans to begin reporting its financial results by business unit, instead of by region, ushering in the new reporting structure with a "teach-in" for analysts and media - on the theme of "Ford Refounded" - and releasing revised versions of its financial results that will reveal how the new business units would have performed in 2021 and 2022.

Manufacturers and operators of electric vehicle chargers in the United States are bracing for a slowdown in production and deployment as they scramble to comply with "Made in America" terms of a $7.5 billion federal program meant to accelerate the industry. Long-awaited rules laid out by the White House last month are part of President Joe Biden's effort to build an electric-friendly highway system by 2030, tackling climate change and creating local jobs.

BYD has reduced shifts at two auto assembly plants in China, people with knowledge of the matter told Reuters, in a sign of how weaker demand in the world's largest auto market is affecting its best-selling electric vehicle brand. BYD, which outsells Tesla in China, asked some of the workers at its Xian plant, its biggest manufacturing hub, to work only four days a week in a factory running two eight-hour shifts per day, according to three people and an internal memo sent earlier this month and reviewed by Reuters.

Hitachi will provide local governments with a system to quickly dispatch electric vehicles to supply energy to areas in the event power is cut off following a disaster, Nikkei has learned. Auto dealers and transportation companies will need to register the number of cars and their recharging status with Hitachi's system in advance. Following a disaster, the most suitable EVs will be dispatched using information from traffic patterns and dealers near evacuation centers.

Lordstown Motors Corp (RIDE.O) on Monday posted a bigger quarterly loss, as the electric-vehicle (EV) maker struggled with production costs and missed the delivery target for its Endurance pickup truck, dragging its shares by about 5%.

Japan's capital will more than double certain subsidies for residential electrical-vehicle chargers next year as part of an effort to increase the number available at apartment buildings 150-fold in less than a decade, albeit from a low base. New apartment towers will also be required to have EV chargers starting in fiscal 2025 -- the first such mandate anywhere in Japan.

A joint venture between the U.S. unit of Spanish engineering group ACS and Philadelphia-based Yates Construction has won a contract to build an electric vehicle (EV) battery plant in Kansas as part of a $4 billion investment by Japan's Panasonic group, the companies said on Wednesday.

Tesla could begin producing its first cars in Mexico in 2024, with the electric vehicle maker close to receiving its final permits allowing factory construction to begin in Nuevo Leon near the US-Mexico border, the state's governor said on Monday.

Rare earth elements are a bone of contention in EV supply chains, as it can be hard to secure supplies of them, and a large majority of worldwide production is either sourced or processed in China.

Tesla's leadership said Wednesday at an investor event held at the company's factory near the Texan capital that while silicon carbide transistors are key components, "we've figured out a way to use 75% less without compromising the performance or the efficiency of the car."

VinFast, an electric carmaker backed by Vietnam's richest man, delivered its first 45 VF 8 City Edition electric SUVs to US customers at nine California showrooms March 1, according to an emailed statement from parent Vingroup JSC. The vehicles will continue be delivered to customers at VinFast's stores or through a home-delivery service, it said.

Tesla will build a new plant in Monterrey, Mexico, and adhere to a series of commitments to address water scarcity, the nation's president Andr矇s Manuel L籀pez Obrador announced at a press conference Tuesday. AMLO said Tesla agreed to use recycled water at the plant throughout the entire vehicle manufacturing process, even down to the cars' paint. He said the company will reveal more information about the new plant during its Investor Day event Wednesday.

German carmakers Mercedes-Benz (MBGn.DE) and VW (VOWG_p.DE) have urged the government to do more to scale up the number of electric vehicle charging stations across the country, German paper Bild am Sonntag wrote on Sunday. "To speed up the change (to electric vehicles), we need to be sure that the charging station infrastructure is being built up," Mercedes-Benz Chief Executive Ola Kallenius was quoted as saying by the paper. "That's also a question for politics."

Australia's graphite developer Magnis Energy (MNS.AX) on Tuesday said it has signed a binding offtake deal with Tesla Inc (TSLA.O) to supply battery anode materials for a minimum three-year term beginning February 2025. The deal comes while automakers race to secure the supply of critical minerals as the world shifts to decarbonise and diversify global supply chains away from China, the world's biggest producer of electric vehicle batteries.

Huawei Technologies Co is reportedly co-developing high-end electric vehicles with Anhui Jianghuai Automobile Group Co Ltd, according to a contractor, showing that Huawei is getting increasingly involved in the vehicle industrial chain to grow its revenue. Yu Chengdong, chief executive of Huawei's intelligent automotive solution business unit, said in a reply to news website Paper.com late on Tuesday that the company has no plans to make cars itself. It is partnering with JAC Motors to help the latter produce and sell cars in a better way.

Battery giant Contemporary Amperex Technology has agreed to set up a battery joint venture with leading carmaker Changan Automobile Group and its new energy vehicle subsidiary, as NEV sales in China increase. The JV will have a registered capital of CNY1.5 billion (USD218.4 million), Changan Auto announced on Feb. 17. The Chongqing-based carmaker will contribute 19 percent, Changan NEV Technology 30 percent, and CATL the rest, it added.

Lithium Chile Inc., one of three Canadian miners affected by Ottawa's snap decision to block Chinese investment in critical minerals, said the order has been satisfied, although it regrets losing an "incredible shareholder" that supplied valuable expertise.

Chinese mineral resource developers Sinomine Resource Group, Zangge Mining and Chengxin Lithium have been instructed by the Canadian government to withdraw their investments in Canadian miners due to heightened concerns about national security and the critical minerals supply chain.

China will ramp up its internal hunt for minerals and energy resources to bolster strategic reserves and increase the sale of critical mining assets such as lithium, cobalt and nickel, as well as oil and gas, the Ministry of Natural Resources announced last month in a meeting laying out priorities for this year. The new policies will encourage investment in mining exploration and give priority to land use for extracting strategic elements.

Tesla (TSLA.O) has paused plans to produce entire batteries in Brandenburg, Germany, and will instead carry out some production steps in the United States where tax incentives are more favourable, the Brandenburg economy ministry said on Tuesday. Reporting by Victoria Waldersee Editing by Mark Potter

It's hard to feel sorry for Silicon Valley tech workers. From high salaries and generous stock options to nap pods and unlimited time off, they're among the most privileged class of employees in the world. Conversely, there's no denying that these pampered staffers engineered a technology revolution that's brought untold economic and social value to the entire planet.

During the CES 2023 show, electric vehicles and robotic tractors take center stage.