Automakers, suppliers race to comply with cybersecurity rules for connected cars

Up to 9,000 jobs would be created at the proposed site for the plant in southwest England, the BBC said.

The i5 will compete against premium battery-electric large cars including the Mercedes EQE. It was unveiled by BMW alongside its combustion engine sibling, the new 5 Series.

Maybach's Night Series design package allows customers to personalize their luxury vehicles to higher degrees of exclusivity with features including rose gold trim, dark-gloss wheels, and herringbone wood patterns built into the cabin.

Fiat's small SUV based on the Stellantis e-CMP platform will go into production by the end of the year. An official reveal is expected in July.

Mercedes has a roughly 9.7 percent stake in Aston Martin and a significant proportion of the U.K. brand's road powertrains comes from Mercedes.

Honda CEO Toshihiro Mibe said the power-unit supplier deal will help the development of the automaker's future mass production electric vehicles, including an electric flagship sports model.

Ford and Stellantis have called for a delay in the introduction of post-Brexit trade rules for EVs to avoid export tariffs that would add costs and slow the transition to electric.

Volvo Group has signed a 10-year deal to buy half of the 140 megawatts of power produced by Sweden's new Bruzaholm wind farm starting in 2025.

Proposed Euro 7 emissions regulations could cost automakers up to 10 times more than EU forecasts, industry group ACEA said, citing a new study.

Although electric vehicles are expected to eat into combustion vehicle sales eventually, a top Ford executive projected strong ICE and hybrid sales "well into the next decade."