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

Australian iron ore giant has already agreed to supply nickel to Tesla and work with them on lowering carbon emissions in the battery supply chain

Nio and a clutch of other Chinese carmakers have started selling their electric vehicles in Europe, hoping that their 'modern tech' can gain them a foothold in a notoriously tough market.

The Chinese tech and delivery giants are looking to roll out thousands of courier robots over the next few years after the pandemic brought forward plans for more automation

Energy authority says all channels are open to obtaining more supplies, as provincial leader calls for additional sourcing. Factories owned by Apple and Tesla affected.