Two Korean electric vehicle battery makers have reached a last-minute settlement, saving President Biden from a Sunday deadline to decide whether to intervene in the global trade secret dispute.

Why it matters: The deal between SK Innovation and its rival, LG Chem, "averts a 10-year import ban on SK Innovation Co.'s products and protects thousands of jobs in the politically important state of Georgia," according to Bloomberg, which first reported the news.

General Motors announced Tuesday it will introduce an electric version of its popular Chevrolet Silverado pickup truck that will be built at the company’s Factory ZERO assembly plant in Detroit.

Why it matters: GM is rapidly expanding its portfolio of battery-operated vehicles, with a plan to deliver more than 1 million EVs globally by 2025. It just unveiled the GMC Hummer electric SUV last weekend, joining the previously announced GMC Hummer electric pickup.

Tesla's stock was up over 7% in premarket trading this morning after it reported record deliveries in the year's first quarter on Friday. But it's not the only manufacturer seeing sales increases this year.

Why it matters: Even as gasoline-powered sales return from the pandemic, cars with plugs are going faster, albeit from a much smaller base.

The BMW 330e sedan takes all the stress out of driving and keeps the fun.

The big picture: It's a plug-in hybrid that delivers the spirit of a BMW in a more eco-friendly package. And the driver-assistance technology will surprise you with all it can do.

Bitcoin's rise won't cook the planet and avoiding car commutes by working from home won't save it. But both trends still matter.

Driving the news: There's connective tissue between two pieces of news.

Elon Musk announced on Twitter Wednesday that Tesla cars can now be bought in the U.S. using bitcoin.

Why it matters: The decision comes after the company bought $1.5 billion worth of bitcoin in February, a move which makes Musk "something of a hero to the bitcoin faithful. Those people are often affluent, tech-savvy early adopters — exactly the market that Tesla is targeting with its cars," Axios' Felix Salmon writes.

That image above is the Jeep Wrangler "Magneto," an electric concept Jeep's calling a "stealthy, quiet, quick and an unmistakable rock-climbing force."

The details: 285 horsepower and the concept vehicle can go from 0-60 mph in 6.8 seconds, Jeep said.

I'm inching closer to buying an electric vehicle. Volkswagen's new ID.4 could finally get me to take the plunge.

The big picture: The ID.4 isn't trying to compete with Tesla or any other EVs, which account for less than 3% of the U.S. market.

The EV startup Rivian has disclosed details about its plan to build out a charging network for drivers of the SUV and pickup going into production this year.

Driving the news: The company said Thursday that its "Rivian Adventure Network" is slated to have over 3,500 fast chargers across over 600 sites nationwide (and some in Canada) by the end of 2023.

As the auto industry ramps up production of electric vehicles, some big carmakers aren't taking any chances on securing the necessary batteries: they plan to make their own cells.

Why it matters: Efforts to rapidly improve battery technology and make EVs more affordable could be hampered by a shortage of raw materials like lithium, cobalt and nickel. Many automakers are racing to lock up supply chains — and in some cases, to produce batteries themselves.