U.S. immigration authorities conducted an enforcement operation at Hyundai's electric vehicle manufacturing complex in Bryan County, Georgia, on Thursday.

Tesla has reportedly secured a $4.3 billion deal with LG Energy Solution for the supply of US-made LFP batteries, bolstering its stationary energy storage division.

LG Energy Solution reported a significant operating profit of 492.2 billion won in Q2, marking its first AMPC-excluded profit in six quarters, primarily driven by strong North American demand.