US electric car maker Tesla wants to dramatically expand production to meet demand for its new Model 3. The company has hired longtime Audi executive Peter Hochholdinger to help realize the ambitious plans.
Northvolt has said it will build Europe's biggest electric car battery factory in its home country, Sweden. The start-up wants the site to rival Tesla's 'Gigafactory' in the US and LG Chem's proposed site in Poland.
The US e-car pioneer has agreed to an improved salary structure and job guarantee until 2022 for the workers at Tesla Grohmann Automation under efforts to avoid a strike at its crucial German subsidiary.
British technology firm Dyson has joined the race to develop a battery-powered electric car. The company is investing billions of pounds to build an electric vehicle that it says will be launched in 2020.
China has set a 2019 deadline for global carmakers to meet new quotas for so-called New Energy Vehicles (NEVs), meaning their annual sales in China must hit a specific threshold of electric cars or plug-in hybrids.
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