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The deal will “secure supply of EV batteries in North America” as the carmaker embarks on a plan to sell 3.23 million a year EVs globally by 2030.

Surging energy costs are threatening to delay a plan to build the Northvolt plant in Germany as the company mulls taking advantage of big incentives offered under a U.S. climate and tax law to expand in the market.

Faraday’s directors voted to remove Breitfeld and replace him with Xuefeng Chen, who currently leads the automaker’s China division.

Toyota continues to face supply chain disruptions as China battles COVID-19 outbreaks and implements restrictions and lockdowns.

Autonomous shuttle developer named Kathy Winter, a veteran self-driving vehicle technology executive at Intel, Delphi and other companies, as COO.