Japan startup selling $550,000 Star Wars-inspired hoverbike to list on NASDAQ
Aerwins who has created a Star Wars inspired hover bike, known in the movies as speeders, will list on the NASDAQ after merging with a SPAC called Pono Capital Corp.
More EVs to qualify for tax credit following Treasury changes
The Treasury Department said Friday it was modifying how it classifies electric vehicles subject to certain price caps set under the Inflation Reduction Act.
Ford announces return to Formula 1 racing
Ford President and CEO Jim Farley and Formula 1 CEO Stefano Domernicali discuss Ford's growth in the auto industry and employment and announce its return to Formula 1 racing.
Netflix partners with GM to put more electric vehicles in shows and movies
Netflix and General Motors announced a partnership on Thursday to put more electric vehicles in movies and TV shows produced by the streaming giant.
EV maker Rivian cutting 6% of workforce, but manufacturing jobs spared
Electric vehicle maker Rivian Automotive announced that it will lay off about 6% of its workforce amid a push to cut costs and reach profitability in a competitive EV market.
Tesla confirms Justice Department request for autopilot documents
Department of Justice, NHSTA, and Securities and Exchange Commission are investigating Tesla's autopilot system for safety and whether Tesla misled consumers.
Why Tesla is a cheap stock: Gary Black
Noted Tesla investor and Future Fund managing partner, Gary Black joined Neil Cavuto on Fox Business to discuss the carmaker’s stock and competition in 2023.
Major insurers plan to drop two car models' coverage due to thefts: report
State Farm and Progressively are reportedly not writing new insurance policies for some models and years of Kia and Hyundai vehicles because of a rise in thefts.
Electric vehicles more expensive to fuel than gas-powered cars at end of 2022: consulting firm
It was cheaper to fuel a gas-powered car for 100 miles than it was to charge a comparable electric vehicle in late 2022, according to Anderson Economic Group.
Tesla delays plans for second assembly line at Shanghai Gigafactory amid weaker demand: reports
Faced with growing competition from Chinese-based electric vehicle manufacturers, Tesla says it is shelving plans to build a second assembly line at its Shanghai factory.
New York City food policy office says Uber, Lyft must have ‘zero-emission fleet’ by 2030
The office of New York City Mayor Eric Adams says Uber and Lyft must have a 'zero-emission' fleet by 2030 as the city moves to lessen its reliance on fossil fuels.
Toyota president Akio Toyoda to step aside in leadership shakeup
Toyota's president and CEO Akio Toyoda will step aside to become chairman, while Koji Sato, who has been leading the Lexus luxury division and Toyota motor racing, will take over.
Tesla investing $3.6B in Nevada Semi and battery plant
Tesla is expanding its Reno, Nevada-area Gigafactory to mass produce its new Semi truck and next-generation battery packs through a $3.6 billion investment.
General Motors investing $854 million to build V8 engines amid EV shift
General Motors is investing $854 million in four plants to support V8 engine production for the coming years even as it prepares to transform into an all-electric automaker.
Wyoming legislators propose bill to phase out EVs by 2035
Wyoming state legislators presented a bill in the senate and house to phase out electronic vehicles by 2035 to protect the state's economy, largely fueled by fossil fuels.
Ford CEO Jim Farley to race at Daytona
Ford CEO Jim Farley will race a Mustang GT4 at the Roar Before the 24 at Daytona International Speedway, competing in the VP Racing Sportscar Challenge.
Autonomous racing in Las Vegas sees cars hit 180 mph with no human intervention
CES 2023 saw the Indy Autonomous Challenge welcome nine teams from six countries to compete in high-speed races with vehicles independent of human control.
Tesla owners feel 'duped' after company slashes prices
Many Tesla owners are voicing frustration after CEO Elon Musk announced significant price slashes to the massively popular electric cars.
Gas stove ban 'on the table' for federal agency: reports
A federal agency is considering pursuing a ban on gas stoves because of the harmful nature of the particulate matter the appliances emit and health concerns.
Peloton fined $19 million for not reporting treadmill safety issues
Peloton agreed to pay a $19 million fine for failing to disclose defects with its Tread+ treadmill, according to the Consumer Product Safety Commission.



















