The companies expect the new BMW Gen 5 eDrive to provide the springboard for future developments.

The two companies will apply Subaru's all-wheel-drive technologies and Toyota's vehicle electrification technologies.

The companies say that the deal will advance development of innovative propulsion technologies for next-generation electric and autonomous vehicles.

More than four in 10 say they will consider buying or leasing an EV.

VW provided another sneak peek at its upcoming ID. family of electric vehicles with a launch event for the first model, the ID.3, which is now available for European pre-ordering.

The companies aim to expand all-electric utility vehicle innovation for commercial markets.

It will be installed on the newly unveiled Cadillac CT5, with rollout to most GM vehicles globally by 2023.

The trends toward electrification and increasing driver-assist features are driving the sales of electronic control units.

The carmaker says it has secured its battery supply for the coming decade.

Latest annual forecast from BNEF shows global sales of gasoline and diesel vehicles declining as electric models rise in passenger cars, buses, and light commercial vehicles.