SEOUL: South Korea’s Hyundai Motor Group and LG Energy Solution Ltd will invest 5.7 trillion won (US$4.3 billion) to produce electric-car batteries in the US to comply with President Joe Biden’s clean energy tax law, which seeks to encourage domestic production and reduce reliance on Chinese suppliers.

NEW YORK: Tesla is listing China-made Model 3 and Model Y models for sale in Canada, the company’s website showed on Tuesday, confirming the electric car maker has completed its first shipments to North America from its Shanghai factory.

GOTHENBURG: Using a motorised arm, a worker at Volvo’s factory near Gothenburg slowly guides massive black blocks alongside a chassis, the three tonnes of batteries soon to power an electric truck.

NEW DEHLI: Tesla Inc asked how it could take part in domestic incentives in India related to car and battery manufacturing when it held discussions with government officials this week, a source with direct knowledge of the talks told Reuters.

Kuala Lumpur: Warisan TC Holdings Bhd’s wholly-owned subsidiary, WTC Automotif (M) Sdn Bhd (WTCA) has announced a collaboration with Guangzhou Automobile Group (GAC) to develop and distribute completely knocked-down (CKD) vehicles in Malaysia.