The NTSB released this image of a 2021 Tesla Model 3 Long Range Dual Motor electric car that was involved in a fatal accident near Miami that killed two people on Sept. 13, 2021. NTSB Tesla vehicles h...
Tag: Autos
GM investing $81M to hand build luxury Cadillac Celestiq electric cars
Front driver’s side view of the Celestiq show car, which GM is expected to unveil in late-July. GM DETROIT – General Motors on Wednesday said it is investing $81 million at its global design and...
Ford CFO says inflation has erased Mustang Mach-E profits, but isn’t hurting demand
The Mustang Mach-E is Ford’s first new all-electric vehicle under an $11 billion investment plan in electrified vehicles through 2022. Michael Wayland | CNBC Ford Motor‘s CFO said Wednesda...
Caterpillar’s Headquarters Are Moving to Texas
Caterpillar has had a presence in Texas since the 1960s, according to the firm, but Illinois remains the largest concentration of Caterpillar employees. Dreamstime Text size Caterpillar is moving head...
Ford issues stop-sale of Mustang Mach-Es due to potential safety defect
People visit Ford’s all-electric SUV Mustang Mach-E at the 2019 Los Angeles Auto Show in Los Angeles, the United States, Nov. 22, 2019. Xinhua via Getty Images DETROIT – Ford Motor is instructin...
Nearly all factories in Shanghai resume work as Covid controls ease
German automaker Volkswagen is one of state-owned automaker SAIC’s foreign partners in China. Pictured here on June 7, 2022, is the joint venture’s factory in Shanghai. Qilai Shen | Bloomb...
BYD sold so many EVs it’s one of the top three automakers in China
One of BYD’s bestselling electric car models, the Han, is on display during an auto show in Shenzhen on June 5, 2022. Anadolu Agency | Anadolu Agency | Getty Images BEIJING — Chinese electric ca...
GM’s stock closes below IPO price for first time since October 2020
Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images ...
CEOs of GM, Ford and others urge Congress to lift EV tax credit cap
The all-electric Chevrolet Silverado at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC DETROIT – The CEOs of General Motors, Ford Motor, Chrysler parent Stellantis and Toyota Motor North Am...
EV start-up Electric Last Mile Solutions to declare bankruptcy
The ELMS Urban Delivery, anticipated to launch later this year, is expected to be the first Class 1 commercial electric vehicle available in the U.S. market and will be produced at the Company’s...
Chinese automakers want to bring assisted driving to the masses
Jidu, Baidu’s electric car venture alongside Geely, revealed its first concept car on June 8, 2022. Baidu BEIJING — As Chinese companies race for a slice of the world’s largest car market,...
Why QuantumScape investors are still waiting for new EV batteries
A solid-state battery development lab for QuantumScape. QuantumScape The electric vehicle space has seen a handful of impressive stock market debuts in recent years, but battery start-up QuantumScape&...
Autos As Devices—Startups Spur Innovation As Automakers Take On New Role
Technology demonstration car on the floor of the Autotech: Detroit trade show in Novi, Mich. June 9, … [+] 2022. Ed Garsten Cars are becoming more like a device you might buy at a big box store....
It’s not Apple or Tesla, but Inrix has data from 500 million vehicles
Cars and trucks move along the Cross Bronx Expressway, a notorious stretch of highway in New York City that is often choked with traffic and contributes to pollution and poor air quality on November 1...
GM, Lockheed take lunar rover project to the commercial space market
MILFORD, Mich. — General Motors and Lockheed Martin said Thursday they plan to produce an array of moon-roving vehicles for commercial space missions and services powered by the automaker’s elec...
Nio Q1 2022 earnings reveal wider loss
Nio’s et5 electric sedan is set to begin deliveries in Sept. 2022. Nio Chinese electric-vehicle maker Nio lost $281.2 million in the first quarter, wider than the $68.8 million it lost a year ag...
Goodbye gasoline cars? EU lawmakers vote to ban new sales from 2035
Traffic in Paris, France, on May 12, 2020. The European Parliament now supports the European Commission’s goal of a 100% cut in emissions from new passenger cars and vans by 2035. Ludovic Marin ...
Volkswagen looks to build new EV facilities in the U.S., exec says
Scott Keogh, VW, in San Francisco, California, Sept. 18, 2018. David Paul Morris | Bloomberg | Getty Images CHATTANOOGA, Tenn. – Volkswagen is “actively” looking to establish new assembly ...
Shares of China EV maker BYD jump after exec announces Tesla battery deal
This photo from Dec. 2019 shows robotic arms spray painting a car body shell at the BYD Automobile Company Limited Xi’an plant. BYD is set to supply Tesla with batteries “very soon,”...
Tesla Needs Batteries. This Buffett-Backed EV Maker to Supply Them ‘Very Soon.’
Text size BYD launched its Blade battery in 2020. Qilai Shen/Bloomberg BYD shares rose on Wednesday after the Chinese electric vehicle maker said it was preparing to supply batteries to Tesla. “We are...
Tesla’s China Numbers Are Coming. Here’s What to Expect.
Text size Tesla’s Shanghai plant was shut at the start of April due to China’s Covid-19 lockdown measures. Xiaolu Chu/Getty Images Tesla ’s wholesale numbers from its Shanghai plant for Ma...
Rivian Writes a Letter to Shareholders. These Are the Three Noteworthy Items.
Text size R1S sport utility vehicle being manufactured. Courtesy Rivian Electric-truck startup Rivian Automotive quietly passed a milestone Monday. The company hosted its first annual meeting as a pub...
Solid Power begins pilot production of solid-state EV battery
Solid Power’s 22-layer, 20Ah all solid-state lithium metal cell compared to the company’s first-generation 10-layer, 2Ah cell. Solid Power Solid Power, a Colorado-based battery start-up ba...
Ford’s US sales decline narrows in May amid tight supplies
The Mustang Mach-E is Ford’s first new all-electric vehicle under an $11 billion investment plan in electrified vehicles through 2022. Michael Wayland / CNBC Ford Motor said Thursday that its U....
Ford to add over 6,000 U.S. jobs as it boosts electric vehicle production
Ford Mustangs go through assembly at the Ford Flat Rock Assembly Plant August 20, 2015 in Flat Rock, Michigan. Getty Images Ford Motor said Thursday that it will add about 6,200 union jobs in the Midw...
Ford To Invest Billions To Add Jobs In Three States Ahead Of Contract Talks
Ford Motor Co. Flat Rock (Michgan) Assembly Plant Steve Koss More than a year before contract negotiations begin the United Auto Workers and Ford Motor Co. announced Thursday the automaker will invest...