The Japanese giants said they plan "high value-added battery electric vehicles" and "commercialise them in conjunction with providing mobility services"

Panasonic is looking at building the factory, to cost several billion dollars, in either Oklahoma or Kansas, according to the Japanese outlet

Conventional internal combustion operations will be known as "Ford Blue" while EV products will be run through "Ford Model e"

The company, which made $500 million in Asia-Pacific, has stated a goal of improving its performance in China and the rest of the region

The US is concerned that low output of minerals essential to build future tech may leave it beholden to China and others that have heavily invested in mining

A total of 2.53 million vehicles were sold in the world's biggest car market rose in the first month of 2022, according to an industry group

Working with Nvidia, JLR plans to develop vehicles that can drive themselves, park autonomously and provide more information and software-powered features to drivers

The news came as CATL, based in Fujian province, has been trying to ease investor concerns about the recent sell-off of its stock

Korea Fair Trade officials sent a report to Tesla saying it exaggerated the mileage of some of its models, as cars may fall short of their stated range if the temperature drops below freezing

Vulcan Energy's shares rose more than 5% in their debut to 5.89 euros ($6.69), while its Australian-listed stock rose 3.5% to A$9.22 ($6.59) on Wednesday

The adjustments to its investments, revealed in a Securities and Exchange Commission filing, reflect investor concerns about the Chinese tech sector

Shares of Contemporary Amperex Technology Ltd rose 3.7% on Monday after the battery supplier denied rumours it was seeking help with US sanctions and recently lost a deal with Tesla.