"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

EV maker will open 3,500 new and existing superchargers on highways, and 4,000 slower chargers at places like hotels and restaurants, to non-Tesla customers by the end of 2024 in federal deal

US Senator Marco Rubio has called for the Biden Administration to review Ford Motor's plan to build a $3.5-billion battery factory in Michigan with Chinese battery giant CATL

The electric vehicle maker is aiming to build a facility to produce its Blade Battery, which it claims is safer than other alternatives in the market

Nissan and Renault will invest $600m to turn Chennai into an export hub for new models, while Zeekr has now passed the current value of Xpeng, after raising $750m from existing investors

The US carmaker's aggressive price cuts earlier this year helped it to stoke demand amid rising inventories

The discovery comes at a time when India is looking to strengthen its supply of critical minerals that will be crucial for furthering its electric vehicle plans

Both carmakers gained from a plunge in the yen in October last year, even as a shortage of chips and soaring costs of raw materials squeezed global carmakers

This is the second time in a week that Berkshire Hathaway reduced its stake in the Chinese electric vehicle maker

A shortage of chips is preventing Subaru and other automakers from ramping up production following the loss of business from Covid

CEO Jim Rowan said the automaker is assessing logistics and "cost benefits" as the plant will "feed other countries other than just India"