Electric Jeep Recon SUV Jeep DETROIT – Jeep plans to launch four new all-electric SUVs in North America by 2025, including a luxury Grand Wagoneer and a Wrangler-inspired off-road vehicle called the R...
Tag: Autos
Nio says Nvidia chip restrictions won’t hurt them
Chinese electric car company Nio said it doesn’t expect U.S. restrictions on Nvidia to affect the start-up’s business operations. Vcg | Visual China Group | Getty Images Li said Wednesday ...
As Elon Musk backs fossil fuels, one strategist sends warning over EV sales
The uptake of electric vehicles has increased in recent years, as countries around the world attempt to reduce the environmental effects of transportation. Simonskafar | E+ | Getty Images Recent comme...
Ford and Rivian Recall Some EVs
Text size Rivian and Ford have recalled some of their EVs including the R1S, R1T and Mustang Mach Es. Courtesy of Rivian Ford Motor and Rivian Automotive recalled some electric vehicles. EV recalls ar...
Lucid Stock Takes a Tumble. Why? Look at the Shareholder Mix.
Illustration by Elias Stein Text size A sudden drop in Lucid Group ’s stock price highlights a key investing insight: Shareholder mix matters. The electric-vehicle maker’s shares (ticker: LCID) fell 6...
GM offers to buy out Buick dealers that don’t want to invest in EVs
Billboards at the Ziegler Cadillac, Buick and GMC Dealership in Lincolnwood, Illinois, the United States. U.S. General Motors Co. Joel Lerner | Xinhua News Agency | Getty Images DETROIT – General Moto...
Ford’s new vehicle sales slow in August, in line with expectations
2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Friday said its U.S. sales last month increased double-digits from a year earlier but were off about 4% from the prior month, as the company and a...
China’s electric car companies are safe from the U.S. Nvidia chip ban
Nvidia has found success in China by selling automotive chips to the country’s electric car companies. But the U.S. semiconductor giant has been restricted from sending some products to China. S...
Toyota Is Upping Its EV Game to Catch GM, Ford, and Tesla
Text size An all-electric 2023 BZ4X from Toyota. The company sold only 14,000 all-electric vehicles in 2021. Courtesy of Toyota The automotive giant Toyota Motor is starting to pivot away from hybrid ...
Car shopping over Labor Day weekend? Here’s what you can expect
Newsday Llc | Newsday | Getty Images In pre-pandemic years, Labor Day sales events offered generous discounts on new cars as dealerships aimed to clear out current-year models and start selling the ne...
GM’s Cruise recalls and updates self-driving software following crash
A robot car of the General Motors subsidiary Cruise is on a test drive. Andrej Sokolow | picture alliance | Getty Images General Motors’ autonomous vehicle unit Cruise has recalled and updated s...
Nio August EV deliveries grow while Xpeng, Li Auto fall; shares drop
Nio managed to grow deliveries of its electric vehicles in August versus July. However, rivals Li Auto and Xpeng saw a sharp fall in deliveries. EV players continue to face supply chain disruptions fo...
Lucid, SoFi, and 3 Other SPAC Stocks Whose Downturns Might Be Ending
Text size Most SPAC-related stocks, including Virgin Galactic, haven’t been soaring in recent months. Courtesy Virgin Galactic Sometimes the best time to look for new investment ideas are when t...
Tesla Stock Takes Hit From Nvidia’s Warning About Business With China
Text size Production at Tesla’s Shanghai Gigafactory could face another supply problem in coming months. Xiaolu Chu/Getty Images Nvidia ’s new chip problem can impact shares of some chip custome...
Toyota says it will invest extra $2.5 billion in North Carolina plant
A Toyota dealership in Yokohama, Japan, photographed on Feb. 7, 2021. The firm is trying to make headway in the increasingly competitive electric vehicle market. Toru Hanai | Bloomberg | Getty Images ...
Autonomous delivery company Gatik wins new pilot program with Pitney Bowes in Dallas
Gatik’s class 6 box truck is deployed for Pitney Bowes Source: Gatik Logistics company Pitney Bowes will begin testing automated short-haul delivery trucks from startup Gatik under a new pilot p...
ChargePoint Earnings Are Today. What to Expect.
Text size ChargePoint has grown sales faster than it expected. Bing Guan/Bloomberg ChargePoint has had a flurry of good news. That raises the bar for the electric-vehicle charging company’s quarterly ...
Honda, LG Energy Solution to build $4.4 billion battery plant in U.S.
An employee inspects the door of a 2018 Honda Accord vehicle during production at the Honda of America Manufacturing Inc. Marysville Auto Plant in Marysville, Ohio, on Thursday, Dec. 21, 2017. Ty Wrig...
California Sets the Pace on Zero Emissions. Car Makers, Old and New, Are Cheering.
Text size California is set to prohibit the sale of new gasoline-powered cars in the state by 2035. Justin Sullivan/Getty Images California announced this week that it will ban sales of new gasoline-p...
California bans the sale of new gas-powered cars by 2035
A charging port on a 2022 Lincoln Corsair Grand Touring plug-in hybrid vehicle during AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California, Nov. 18, 2021. Bing Guan | Bloomber...
Bugatti Rimac CEO says no signs of a slowdown from super-rich car buyers
Ultra-wealthy buyers of supercars show no signs of slowing their spending despite recession fears, according to the CEO of Bugatti Rimac. Mate Rimac said demand for the company’s all-electric Ri...
Tesla Cash Hoard Could Hit Half-Trillion by 2030. What That Money Could Do.
Text size Could Tesla really have $500 billion on its books at the end of 2030? One analysts believes its possible. Patrick T. Fallon/AFP via Getty Images Tesla ’s cumulative free cash flow could amou...
Tesla Stock May Slip, but an Analyst Sees a Buying Opportunity
Text size Analysts have raised Tesla price targets since a stock split at the end of August. Patrick T. Fallon/AFP via Getty Images Piper Sandler analyst Alexander Potter sees “crosscurrents” that cou...