Volkswagen has announced a significant investment of $5 billion in the struggling electric vehicle maker Rivian. The German auto giant plans to collaborate with the EV startup on software and electrical technology.

The owner of Vauxhall, Peugeot, and Citroën brands has issued a warning that its car plants in Ellesmere Port and Luton may be forced to close unless there are changes in market demand for electric vehicles and what they deem as "stupid" regulatory conditions. The UK managing director of Stellantis expressed that while the company does not wish to shut down operations in the UK, a decision will need to be made within the next year due to what they perceive as unreasonable government sales quotas and a lack of consumer incentives, particularly in relation to VAT on vehicles and electricity.

The Canadian government has announced plans to begin a 30-day consultation period to consider implementing a surtax on Chinese electric vehicles imported into the country. This move comes as part of an investigation into the potential impact of such a surtax on the Canadian market.