The Swedish factory, opened in 1964, is the oldest and largest of the Gothenburg carmaker, with 6,500 employees producing 1,250 vehicles per day

Tesla decided against notifying customers as the part is considered a redundant backup and was not needed for level 2 driver-assistance features, CNBC reported

The Chinese price of praseodymium-neodymium alloy, used to make super strong magnets for EV motors, doubled last year and has already shot up 10% this year

Beijing's push for electric vehicles pays off with a jump in EV sales, but this has created fears of shortages in key metals such as nickel, cobalt and lithium.

The stock dipped as much as 5% in after-hours trading after the vehicle manufacturer's fourth-quarter income fell short of analysts' expectations

Ralf Brandstaetter, CEO of Volkswagen Passenger Cars, will relocate to Beijing as the German carmaker tries to replicate its success with petrol vehicles

This "rolling stop" feature in cars "can increase the risk of a crash," the National Highway Traffic Safety Administration (NHTSA) said

The company's shares fell 2.5% on Tuesday after closing 4% higher at the end of Monday's trade in Mumbai ahead of the earnings announcement

Billions to be spent on expanding highways, pushing the manufacture of solar modules, while the RBI will launch a digital rupee based on blockchain tech and may impose a hefty tax on crypto

ABB – formerly ASEA Brown Boveri – has increased its majority stake in Chinese EV charging provider Chargedot to 80%

Beijing also set the quota for smelting and separation, the ministries of Industry and Information Technology and Natural Resources said

The renaming took place exactly 136 years after Karl Benz submitted his patent for the world's first motor vehicle