A $1.75 trillion Democratic spending proposal could give a big boost to electric vehicles especially to Detroit's Big Three automakers and the U.S. Postal Service, but it faces opposition from Republicans, foreign automakers, Canada and Mexico.
South Korea's SK Innovation will invest $30 million in Ford Motor-backed solid-state battery developer Solid Power Inc, with an aim to jointly produce batteries, the companies said.
In wealthy Singapore, where new vehicle registration is tightly controlled to manage the city state's traffic and pollution, Tesla Inc is having a moment: surging sales are gobbling up rivals' market share.
Saudi Arabia is in talks with several carmakers about manufacturing in the country, Saudi Investment Minister Khalid al-Falih told Reuters, with an announcement expected this year.
German consumers face higher prices for goods across the board as more and more companies in Europe's largest economy decide to pass on increased production costs, driven by widespread supply shortages and a spike in energy prices.