Envision plans a big expansion of its 'gigafactory' in northern England. It also plans to spin off its unit that makes batteries for electric vehicles.

Chinese autonomous vehicle makers have improved gradually over the past five years, but they are no match for their Western counterparts, says the Center for Strategic and International Studies.

How the auto industry will manage its electric transition will be among the hot topics at the two-week COP26 climate summit hosted by Britain, starting on October 31

Chairman Hui Ka Yan said he wanted to sell one million EVs a year by 2025, a level Tesla is only expected to hit this year after 18 years of operation. But his firm has yet to reveal a single vehicle

Banking giants JP Morgan Chase and Morgan Stanley returned strong earnings figures though traders remained distracted by soaring prices and tapering worries.

The talks come just after Tata Sons, the holding company of Tata Power, announced it will raise $1 billion from investors by selling a stake in Tata Motors' electric vehicle unit.

Hyundai temporarily suspended work in some factories, but now wants to develop its own chips to reduce reliance on chipmakers to prevent supply problems in the future.

The Indian car-maker's deal with TPG Rise Climate and co-investor ADQ – Abu Dhabi’s largest offshore investment company – will see a new $9.1bn subsidiary created

Car sales fell 19.6% in September from 2020, amid supply and power constraints, but sales of new energy vehicles were strong, industry officials said.

Authorities striving to control the vast volumes of data gathered by cars as ‘smart’ vehicles proliferate

The electric car has prompted a race for dominance in the battery-making sector – with the likes of CATL, LG, Panasonic and Samsung all looking to surge ahead

Korean battery giants powering many of the world's electric vehicles say they face a shortage of research and engineering specialists as demand for the technology surges