Ford delays Bronco until summer, cites virus-related supplier issues

On the propulsion side, GM will make additional investments to develop batteries and electric motors, said Dane Parker, GM's chief sustainability officer.

The UK brand will inject 125 million pounds ($168 million) in new capital as the automaker tries to turn around its money-losing business.

LG seeks to block SK from producing battery cells in the U.S. and from importing the components necessary to make them. SK asked U.S. authorities to consider recent recalls of vehicles with LG batteries. 

Ads for the system, available on a growing number of Cadillacs, ran with a headline that said "Cadillac Super Cruise – Experience Autonomous Driving."

The Superior Chevrolet employee, who was not named, had sought the leave to care for a child whose day care had closed because of the pandemic.

German auto supplier Bosch cut its stake in Nikola to 4.9 percent, down from 6.4 percent in June.

The incident reflects the strain automakers are under as governments from the UK to China prepare to phase out combustion engines entirely.

The supplier is one of three lidar makers to choose a merger with a special-purpose acquisition company to access public markets. All three are vying to supply automakers with a sensor that could help them add autonomous driving features.

Raising money for EV startups through special purpose acquisition companies could present risks, said Mate Rimac, the founder of the Croatian electric hypercar maker.

Overall, fortunes of the handful of people tracked by Bloomberg in the EV industry have increased by more than $140 billion -- including Elon Musk’s $111 billion surge in recent months.