Shift to electric vehicles spurs bid to make more batteries in US
The auto industry’s quickening shift to electric cars is spurring investment in another emerging industry in the U.S.: manufacturing lithium-ion batteries for those vehicles.
Biden’s push to replace U.S. Govt. fleet with electric vehicles lifts EV stocks
President Biden has announced plans to replace the entire 645,000-vehicle U.S. Government fleet with electric vehicles in the coming years.
Coronavirus pandemic drives car buyers online
Dealerships are responding to consumers' desire to purchase more cars online, Cars.com CEO Alex Vetter told FOX Business.
Musk says Tesla beats Waymo at self-driving tech after Krafcik criticises it
Elon Musk has responded to criticsm of Tesla's 'self-driving' systems by Waymo CEO John Krafcik, saying his tech is better.
New law could launch dozens of new car companies, electric DeLorean
New regulations allowing small companies to sell new replica cars has been finalized and will lead to several new automakers to launch this year.
Honda to use Cruise autonomous vehicles in Japan taxi service
Honda will begin testing autonomous Cruise vehicles in Japan this year, with an eye on launching an autonomous taxi service.
Ford donated 15,000 custom masks to inauguration attendees
The masks were donated to the Joint Congressional Committee on Inaugural Ceremonies (JCCIC) and were handed out as part of COVID-19 safety protocols, the automaker confirmed said.
US probes complaints that Ford tailgate recall didn’t work
The National Highway Traffic Safety Administration says it has 11 complaints that a recall of power tailgates on 300,000 Super Duty pickups failed to rectify the issue.
New Chevrolet Corvette buyers are much richer than the old ones
The new mid-engine Chevrolet Corvette has been attracting customers with a median income $76,000 higher than last year's.
Stellantis CEO says merger is a 'shield' against job cuts, will save $6 billion
Stellantis CEO Carlos Tavares said the merger of Fiat Chrysler and PSA Peugeot will be a sheild against job cuts and that synergies will save five billion.
Harley-Davidson riding pandemic demand with new lineup
The recent announcement comes roughly nine months after the company announced plans to slim down on production for the year after reopening its plants in May from virus-related shutdowns.
Rivian closes $2.65 billion investment round, now worth $27.6 billion
Electric truck startup Rivian has closed a $2.65 billion funding round that reportedly values the company at $27.6 billion.
Microsoft joins $2 billion fundraising round for GM's Cruise self-driving car company
Microsoft is investing in GM's Cruise autonomous car company, which will use the Azure cloud computing platform. Cruise is developing self-driving cars and a ride-hailing service to deploy them with.
GM investing $800M to build BrightDrop electric van in Canada plant
General Motors is investing $800 million to convert its CAMI Assembly plant in Ontario to build electric vans for its new BrightDrop brand.
Fiat Chrysler, PSA Group merge to create new auto-making behemoth
The newly formed auto maker, called Stellantis, to start trading Monday in Europe and Tuesday in New York.
Safety watchdog slams NHTSA's new autonomous car safety regulations
NHTSA has updated its motor vehicle standards to better accomodate autonomous vehicles that don't have manual controls or passenger seats.
NHTSA urging Tesla to recall 158,000 cars for touchscreen safety defect
NHTSA has sent a letter to Tesla asking it to recall 158,000 cars to fix a faulty touchscreen display that may disable several safety features.
Canoo shares spike on failed Apple car deal news
Apple held talks last year with electric van startup Canoo, a new report says. The companies were discussing a possible tie-up to build an electric Apple car.
GM presents electric, autonomous flying vehicle future at CES and its stock takes off to record high
General Motors outlined its massive planned transformation into an electric automaker powered by autonomous technology during a virtual 2021 CES presentation.
GM launching BrightDrop electric van and delivery system brand
GM announced the creation of the BrightDrop electric delivery van and ecosystem, which is launching this year with the EV600 van and EP1 electric pallet.