Shares plunge nearly 10% after General Motors said it would recall more cars that use the firm's batteries due to fire risk from alleged 'defects', and seek $1 billion from LG Chem

Companies supplying US manufacturing plants have enjoyed a huge jump in business since President Biden announced his push for electric vehicles

Evergrande is in talks with the smartphone maker Xiaomi and state investment firms to sell a significant minority stake in its EV business to help pay off its massive debts

Company warns of a potential hit due to the chip shortage and the return of Covid in China, but retains its annual sales target

Company is hiring external relations managers, plus lawyers and PR managers after a disgruntled customer staged a protest in April that caused a stir on social media

Japan’s biggest nickel smelter has developed a rechargeable battery recycling technique which could break the dependence on scarce rare earths metals

This year 3.3 million pickups and SUVs will roll off the production lines in North America – but GM and Ford remain confident they'll make Biden's goal of EVs making up 40% of US production by 2030

China's Baidu says the rising cost of labour and rapid advances in technology will ensure its Robotaxis are cheaper than human-driven cabs by 2025

Battery giant CATL wants to fund six projects to boost its output of lithium-ion batteries, including factories in three provinces in China

Shares of China’s Li Auto fell on their Hong Kong debut. It was the first IPO to test investor sentiment since China’s crackdown on overseas listings.

China's shift into mass-market electric cars is poised to quicken as Nio Inc. announces a new brand to take on Toyota and Volkswagen. Its first sedan and two other new models will launch in 2022. 

• US electric vehicle maker launched cheaper version of Model Y for China last month • BYD sold 50,387 EVs...