The logo of Hyundai is shown at the #WeAreMobility fair at the 97th edition of the Brussels Motor Show on 18 January 2019, in Brussels. Dirk Waem | AFP via Getty Images Hyundai Motor on Friday confirm...
Tag: Autos
Renault says electric-hydrogen concept will have 497-mile range
Details of Renault’s Scénic Vision concept car were presented to the public on May 19, 2022. The firm’s idea of developing a passenger vehicle that uses hydrogen technology is not unique. ...
Mercedes-Benz 300 SLR Uhlenhaut Coupe sells at auction for $143 million
1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe Courtesy: RM Sotheby’s An ultra-rare Mercedes-Benz race car sold for $143 million earlier this month, making it the most expensive car ever sold. RM So...
Gas prices just hit a new record high. Here are a few ways to save
As the summer driving season nears, gasoline prices show no signs of slowing down. The national average for unleaded gas hit a new high of $4.59 per gallon Thursday, according to AAA. For the first ti...
Lucid Group to build first factory outside the U.S. in Saudi Arabia
U.S. electric vehicle maker Lucid Group will set up its first overseas factory in Saudi Arabia, the company announced. Javier Blas | Bloomberg | Getty Images U.S. electric vehicle maker Lucid Group wi...
Why Tesla was kicked out of the S&P 500’s ESG index
An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California. Justin Sullivan | Getty Images The S&P 500 booted electric vehicle maker Tesla from its ESG Index in an annual r...
EV battery costs set to spike as raw material shortages drags on
Attendees look at the all-electric Ford F-150 Lightning pickup truck at the Washington Auto Show in Washington on Tuesday, January 25, 2022. Bill Clark | CQ-Roll Call, Inc. | Getty Images The cost to ...
Toyota ramps up efforts to look at potential of hydrogen vehicles
One of Toyota’s Sora busess photographed in Japan on Nov. 5, 2021. Toyota started working on the development of fuel-cell vehicles back in 1992. Korekore | Istock Editorial | Getty Images Toyota...
Argo AI robotaxis ditch human safety drivers in Miami and Austin
Argo AI begins driverless operations in Miami and Austin. Courtesy: Argo AI Robotaxi start-up Argo AI said Tuesday it has begun operating its autonomous test vehicles without human safety drivers in t...
U.S. traffic deaths hit 16-year high in 2021, DOT says
Investigators look over the scene of a crash between an SUV and a semi-truck full of gravel near Holtville, California on March 2, 2021. Patrick T. Fallon | AFP | Getty Images More people died on U.S....
How Carvana went from a Wall Street top pick to meme stock trading
Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC Carvana CEO Ernie Garcia III regularly tells Wall Street that “the march continues” in the company’s mission to become the largest and mo...
GM and Ford Get Double Downgrades to Sell. Wells Fargo Sours on EVs.
Text size Ford F-150 Lightning electric truck Courtesy of Ford The auto industry is all-in on electric vehicles. Wells Fargo isn’t so sure that’s a great idea. Wednesday evening, analyst Colin Langan ...
Electric vehicle stocks surge
Rivian R1T all-electric truck in Times Square on listing day, on Wednesday, Nov. 10, 2021 in New York. Ann-Sophie Fjello-Jensen | AP Beaten-up shares of several electric-vehicle start-ups moved sharpl...
Rivian recalls some R1T trucks over child airbag defect
Rivian R1T Field pickup Source: Rivian Rivian Automotive is recalling some of its electric pickups because of an airbag defect that could injure a child in a crash, according to a letter from the Nati...
GM shares hit new 52-week low following Wells Fargo downgrade
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 ...
EVgo Misses Estimates. The Beaten-Up Stock Rises Anyway.
Text size Jim Watson/AFP via Getty Images Electric-vehicle charging company EVgo reported first-quarter results that missed Wall Street expectations. Shares were rising anyway. They have been beaten u...
Tesla CEO Elon Musk dismisses hydrogen as tool for energy storage
Elon Musk has a history of expressing strong opinions about hydrogen and hydrogen fuel cells. A few years ago, when the subject came up during a discussion with reporters at the Automotive News World ...
Lordstown Motors factory sale to Foxconn closes
Workers install door hinges to the body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors’ assembly plant in Ohio. Michael Wayland / CNBC Embattled electr...
Rivian (RIVN) Q1 2022 earnings
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Electric vehicle maker Rivian Automotive on Wednesday maintained i...
Toyota warns raw materials costs could cut profits by 20%
Toyota 2023 Sequoia on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Toyota Motor on Wednesday warned investors that “unprecedented” increases in materials and logis...
GM’s new Cadillac Escalade is the most expensive, powerful yet at $150,000
2023 Cadillac Escalade V-Series Cadillac DETROIT — General Motors’ newest Cadillac Escalade will be the most powerful and expensive version of the full-size SUV ever when it goes on sale this su...
How electric pickups stack up in price, range
SAN ANTONIO — Ford Motor’s new F-150 Lightning is an electric pickup truck. That may seem obvious given it looks like a truck and has electric motors and a battery pack instead of an engine, but...
VW is looking to bring back the Scout brand as an electric vehicle
This image, from 2019, is of a refurbished Scout. The brand was originally built by International Harvester between 1961 and 1980. Future Publishing | Future Publishing | Getty Images Volkswagen is pl...
Why Consumers Will Buy Ford’s F-150 Lightning, According to Analysts
Text size The stakes are high for Ford’s new F-150 Lightning. Courtesy Ford The Ford F-150 Lightning electric pickup truck is one of the most significant vehicle launches in U.S. history. Americ...