The Japanese car giant's earnings have been boosted by a weaker yen, but the semiconductor shortage has hit its production figures

Xpeng first entered Europe when it launched in Norway in 2020 and the company said it will open a store in Stockholm this week

Jakarta has long courted the Taiwan tech giant and the investment marks a major EV expansion for the company and a milestone for Indonesia's ambitions

The Japanese automotive giant, which kept its crown as the world's top-selling carmaker in 2021, left its annual net profit forecast unchanged

The production of chips has become a strategic priority in Europe as well as the US, after the shock of the pandemic choked off supply

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