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Capitol Report: Biden says U.S. can’t let China win EV race as he visits Ford plant

President Joe Biden on Tuesday touted his electric-vehicle and infrastructure plans in a visit to a Ford Motor Co. plant in Michigan, framing his proposals as giving the U.S. a competitive edge against China......»»

Category: topSource: marketwatchMay 18th, 2021

Capitol Report: Biden to plug his plan for electric vehicles in visit to Ford plant

President Joe Biden is scheduled to visit a Ford Motor Co. plant in Michigan on Tuesday in a push for his electric-vehicle plan, as the White House and lawmakers continue to wrangle over an infrastructure deal......»»

Category: topSource: marketwatchMay 18th, 2021

EV startup Canoo narrows quarterly loss, says it is "on track" for production in 2022

Shares of Canoo Inc. weaved between gains and losses in the extended session Monday after the electric-vehicle startup reported a narrower-than-expected quarterly loss. Canoo said it lost $15.2 million, or 7 cents a share, in the first .....»»

Category: topSource: marketwatchMay 17th, 2021

Tesla Tells Regulators Elon Musk"s Tweet Doesn"t "Match Engineering Reality" On Self-Driving Tech

Tesla Inc. (NASDAQ: TSLA) has privately admitted that CEO Elon Musk has been overstating the capability of the electric vehicle maker’s self-driving technology. read more.....»»

Category: blogSource: benzingaMay 10th, 2021

The Ratings Game: GM stock rallies on record first quarter that leaves Ford, Tesla in the dust

General Motors Co. stock rallies toward its best in a month after the car maker reported record first-quarter results, kept its guidance intact, and sounded optimistic about its electric-car and autonomous-vehicle prospects......»»

Category: topSource: marketwatchMay 5th, 2021

Ford April vehicle sales jumped to nearly 200,000, as EV sales soared nearly fourfold

Ford Motor Co. said Tuesday that total U.S. April vehicle sales rose 64.8% from a year ago to 197,813 vehicles, boosted by a near fourfold rise in electric vehicle (EV) sales. April retail sales were 57.1.....»»

Category: topSource: marketwatchMay 4th, 2021

General Motors to locate some electric vehicle manufacturing at Mexico plant

General Motors has picked a fifth plant to build electric vehicles and it is in Mexico. The United Auto Worker.....»»

Category: topSource: usatodayApr 30th, 2021

Ford dives 10% after warning 2nd-quarter production will be halved by a chip shortage

A fire at a Japanese chipmaker made an ongoing shortage of semiconductors worse, Ford said, warning of a cut in vehicle production......»»

Category: smallbizSource: nytApr 29th, 2021

AcBel steps into EV components

Power supply maker AcBel Polytech has landed orders for electric vehicle (EV) components from two clients, with production to begin at year-end 2021, according to company president Jerry Hsu......»»

Category: topSource: digitimesApr 28th, 2021

Tesla"s Model 3 The World"s Best-Selling Luxury Sedan In Q1

During Tesla Inc's (NASDAQ: TSLA) Q1 earnings call, the company announced profitability and increasing vehicle sales worldwide. The future of full self-driving vehicles, energy storage and vehicle production was also discussed. read more.....»»

Category: blogSource: benzingaApr 27th, 2021

Ford to develop, produce its own electric vehicle batteries

“Engines and transmissions have been considered a core competency of automakers since 1886, but as those go away, they are seeing the need to make bat.....»»

Category: topSource: chicagotribuneApr 27th, 2021

Rivian plant gearing up for June launch, the return of automaking to Normal and the dawn of the electric vehicle age

Rivian, the startup electric vehicle maker whose inaugural truck, SUV and Amazon delivery van have captured the auto world’s attention, is launching production in June and plans to employ 2,500 at its plant in downstate Normal by the end of the.....»»

Category: topSource: chicagotribuneApr 17th, 2021

Rivian Follows In Tesla"s Footsteps To Roll Out In-House Insurance Service

Amazon.com Inc (NASDAQ: AMZN)- and Ford Motor Co (NYSE: F)-backed electric vehicle startup Rivian on Thursday announced its own in-house insurance program for customers as it speeds closer to the launch of its firs read more.....»»

Category: blogSource: benzingaApr 16th, 2021

Xpeng Confirms It"s Exploring Making Self-Driving Chips In-House

Chinese electric vehicle maker XPeng Inc. (NYSE: XPEV) has confirmed it is exploring making its own dedicated chips for autonomous driving, CNBC reported Wednesday. read more.....»»

Category: blogSource: benzingaApr 15th, 2021

Xpeng Said To Be Developing Own Chips, With Year-End Rollout Target

Chinese electric vehicle maker XPeng Inc. (NYSE: XPEV) is working on developing dedicated chips for autonomous driving and could launch them by the end of this year or early next year, according to a report by 36kr (via read more.....»»

Category: blogSource: benzingaApr 8th, 2021

Why Li Auto Stock And Nio Stock Are Getting Hammered Today

Shares of Chinese electric vehicle manufacturer Li Auto Inc. (NASDAQ: LI) are trading lower after the company said it plans to offer up to $750 million in convertible senior notes due in 2028, subject to market conditions.  read more.....»»

Category: blogSource: benzingaApr 7th, 2021

Electric Cars Can Sound Like Anything. That’s a Huge Opportunity to Craft the Soundscape of the Future

What should you hear from an electric Vehicle? Automakers are working on answers--and composing the soundscape of the 21st century city Pulling Ford.....»»

Category: topSource: timeApr 7th, 2021

Why Romeo Power Stock Spiked 60% Today

Romeo Power Inc (NYSE: RMO), the electric vehicle battery maker which went public recently via a special purpose acquisition company, saw its shares close 59.60% higher on Tuesday. read more.....»»

Category: blogSource: benzingaApr 7th, 2021

Tesla may be losing its electric-vehicle crown as Ford"s Mustang Mach-E sales heat up

Ford's new Mustang Mach-E accounted for nearly all of Tesla's market-share losses in February, and on Thursday Ford released new sales fi.....»»

Category: smallbizSource: nytApr 1st, 2021

The Wall Street Journal: Ford to pause production at some plants due to chip shortage

Ford Motor Co. is scheduling more downtime at several U.S. factories, including its two major truck plants, as a global shortage of semiconductors upends vehicle manufacturing for car makers in North America......»»

Category: topSource: marketwatchMar 31st, 2021