Nio has announced plans to cut its workforce by 10% as buyers shun pure electrics for more economical plug-in hybrids

The carmaker has said it is still looking for the right location and would make an announcement at the end of the year

Rare earths have emerged as particularly significant to the global clean energy transition as countries around the world race to meet their carbon emissions goals

Berkshire’s latest stake sale in BYD came on the heels of the EV-maker’s financial results this week, in which the carmaker reported its highest-ever quarterly profit

The move, proposed in a new debt-restructuring plan for offshore bondholders with about $19 billion of debt, would involve shares in its property services and new-energy-vehicle units, sources say

The Japanese auto giant is accelerating its efforts to catch up with its legacy rivals by boosting its investment in its North Carolina plant

The Tesla supplier dropped its full-year operating profit forecast to $769 million as a result of falling demand for luxury electric vehicles

The electric vehicle giant continues to preserve its domestic market leadership despite softer demand and increased competition

The Netherlands-based joint venture is expected to start exporting vehicles in the second half of 2024

Demand for EVs is growing, but the scrapping of an EV partnership between GM and Honda, plus a warning from China's top battery maker suggest the transition may be slower in 2024

The country's automakers have been unnerved by China’s graphite licensing move and are now looking to limit their EV battery risks

The vehicle-maker also agreed a memorandum of understanding to develop and establish a hydrogen mobility ecosystem in Saudi Arabia