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.
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.
Ram is 'in the game' with electric pickups, CEO says
Ram revealed the 1500 Revolution concept electric pickup at CES Thursday night and said a model will be in production in 2024 to compete with Ford and Chevy models.
Sony unveils prototype EV, Afeela with Honda at CES
Sony and Honda rolled out their prototype EV called the Afeela at the annual CES in Las Vegas.
With new EVs arriving, brand loyalty goes out the window
As demand outpaces supply customers jump to the first electric vehicle they can find, sending brand loyalty to an all time low in EV market.
Tesla used car price bubble pops, weighs on new car demand
As more car companies start to produce EVs, Tesla's competitive advantage has dwindled. Tesla's production capacity means that buyers no longer wait months for delivery.
Elon Musk posts cryptic message to Chinese social media site Weibo as he confirms Twitter exit plan
Twitter CEO Elon Musk made his first post to Chinese social media site Weibo in more than four weeks, lamenting a disconnect in public discourse between “words” and “actions.”
Toyota president says 'silent majority' questioning electric vehicle-only push: 'We shouldn't limit ourselves'
Toyota president Akio Toyoda is speaking out against the industry's push to go electric exclusively, saying some are afraid to say what he is saying about electric vehicles.
Third-largest Tesla stock owner says Elon Musk should step down as CEO
Electric car manufacturer Tesla's third-largest individual shareholder KoGuan Leo is demanding that CEO Elon Musk be replaced by the board of directors.
Redwood Materials joins electric vehicle, battery trek to South Carolina
Redwood said it will build a $3.5 billion battery materials campus in Ridgefield that will recycle, refine and remanufacture cathode and anode materials.
Subaru issues recall of 271,000 SUVs because of 'increased risk' of fire
The National Highway Traffic Safety Administration said on Tuesday that Subaru issued a voluntary recall of over 271,000 Ascent sport utility vehicles.
US auto fleet fuel efficiency flat in 2021 as Detroit Three lag
Automakers are meeting rising vehicle emissions requirements in part through using credits earned in prior years or by buying excess credits from rivals.
Hyundai partners to build $4B plant in Georgia
Hyundai Motor Group is joining forces with a South Korean battery maker to build a $4 billion factory in Georgia to manufacture electric vehicle batteries.
Ohio workers at a General Motors joint venture battery factory vote to unionize
Workers at a General Motors joint venture battery factory voted to unionize with the United Auto Workers by an overwhelming vote of 710 to 16.
GM's billion-dollar BrightDrop electric van enters production and DHL fleet
GM's BrightDrop electric van division has started large-scale vehicle production in Canada and aims to generation one billion in revenue in 2023.
Volkswagen CEO says building EV batteries in Europe 'practically unviable' due to soaring energy costs
Volkswagen’s CEO warned Germany and the EU must reduce energy prices or investments in new battery cell factories will be "practically unviable."
FTC may block Activision Blizzard-Microsoft sale, faster Mercedes and more: Monday's 5 things to know
Mercedes-Benz offering new 'Acceleration Increase' feature for its electric vehicles to 'unleash enhanced performance of their cars' as Elon Musk says sign-ups on Twitter are rising.
FTC may block Activision Blizzard-Microsoft sale, faster Mercedes and more: Monday's 5 things to know
Mercedes-Benz offering new 'Acceleration Increase' feature for its electric vehicles to 'unleash enhanced performance of their cars' as Elon Musk says sign-ups on Twitter are rising.
















