Germany says no to EU plan to ban new fossil-fuel cars from 2035
Germany’s Finance Minister Christian Lindner said there would continue to be niches for combustion engines so a ban was wrong.
Toyota joins Redwood Materials' battery recycling initiative
Former Tesla executive JB Straubel leads the five-year-old firm that has focused initial work at a 175-acre campus in northern Nevada. Redwood is planning an even larger operation in the southeastern U.S.
Polestar SPAC merger poised to raise $850 million on Wall Street
The EV maker — a Volvo subsidiary — and the Gores Guggenheim SPAC expect to start trading on the Nasdaq in New York on Friday.
Former Tesla employees file lawsuit, claiming lack of layoff warning violated U.S. law
The two former employees, who worked at the Nevada battery plant for about five years, were among more than 500 employees at the operation who were let go, according to the suit. They are seeking class-action status.
Hyundai, Michelin extend partnership to develop EV tire innovations
The agreement follows a five-year partnership between the two companies that focused on development of tire technology for Hyundai’s electric vehicles.