The Apple contractor has been carefully building an electric vehicle supply chain including the purchase of an Ohio auto production line

"We are finalising negotiations with two big global car producers. We hope this new policy will make our position much stronger than before," senior cabinet minister Luhut Pandjaitan said

The automaker’s CEO Toshihiro Mibe said developments on new low-carbon e-fuels could help keep combustion engines around for another 20 years

Investor mood shifted from the downbeat to the positive on Friday on signals the US Fed was ready to rein back its aggressive interest rates programme

The Vietnamese auto firm had sent 999 vehicles to California in November but then had to stall deliveries for two months

Many investors were reluctant to take risks on Thursday as the likelihood of an extended inflation fight in the US dampened the mood on trading floors

Fund managers say they are fielding increasing numbers of questions from clients about the odds of an invasion of Taiwan by China

The Chinese auto firm says the plant will be able to produce 40-gigawatt hours (GWh) of batteries annually

World's biggest carmaker says it will revamp a factory in Kentucky with a plan to produce 20,000 EVs a month from 2025, while it has also agreed to the biggest wage hike in 20 years in Japan

"We are going to be a big catalyst in accelerating the (EV) ecosystem," Prabhjeet Singh, president of Uber India and South Asia, said.

In September, Ola said it was looking to expand into Latin America, ASEAN and European Union countries

Equities fell in most Asian markets and currencies were hit Wednesday, after the dollar firmed on sticky US inflation data, which cemented fears of more rate hikes by the Fed