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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......»»
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......»»
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 .....»»
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.....»»
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......»»
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.....»»
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.....»»
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......»»
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......»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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......»»