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General Motors is forming a joint venture with Posco Chemical of South Korea to build a North American battery materials plant as it brings more steps in the electric vehicle supply chain under its umbrella.

Volkswagen AG is open to external partners taking stakes in the manufacturer’s new software division as traditional automakers fight to catch up with Tesla Inc. on digital features.

Soaring commodity prices and supply chain bottlenecks threaten to push up the cost of batteries seen as crucial in the fight against climate change.

Final sales for Cyber Monday fell short of estimates and didn’t surpass last year’s record as lackluster sales and scarce inventory kept shoppers from breaking out their credit cards during the start of the holiday shopping season.

Commerce Secretary Gina Raimondo on Nov. 29 will make the case for more domestic production of semiconductors in a pitch aimed at the administration’s goal to have 50% of U.S. vehicles be electric by the end of the decade.

Electric truck maker BYD Motors announced it will deliver five of its battery-electric refuse trucks to New Jersey, in what it said was the first such deployment in that state.

For Amazon, which burnished its reputation serving as a lifeline during the COVID-19 outbreak, the holiday season is an opportunity to extend its advantage over rivals.

TOKYO — Nissan said Nov. 29 it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle lineup.