President Donald Trump has commuted the prison sentence of David Gentile, former CEO of GPB Capital Holdings, which was the former majority owner of Prime Automotive Group.

Renault, GM and BMW have developed EV motors that do not require rare earths. Meanwhile, production of magnets with the key material has started in Estonia.

Measuring the impact of Hyundai's and Ford's efforts to pack artificial intelligence into manufacturing will take time.

The EU may allow plug-in hybrid cars and "highly efficient" combustion engines to be sold in Europe after 2035 when a zero emissions mandate banning ICE cars is due to become law.