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auto
Ferrari says EVs and hybrids will account for 80% of sales in 2030
Vigna said Ferrari would develop and build its own electric motors, inverters and battery modules for its electric models on a new assembly line at its plant in Maranello, Italy, while outsourcing non-core components to partners.
Faced…
American Axle executive: We’re not selling
Asked to address the Bloomberg report from last month, CFO and Vice President Christopher May said the Detroit-based automotive supplier is "focused on our standalone plan to create value for shareholders."
May's comments came during the…
Sony and Honda finalize 50-50 joint venture to build EVs in 2025
Sony Honda Mobility, to be based in Tokyo, will combine Honda’s expertise in engineering and manufacturing vehicles, along with its proficiency in providing after-sales service, with Sony’s strengths in imaging, sensing, telecommunications…
Tesla Hikes Electric Car Prices Across Its Lineup
San Francisco, June 16: Elon Musk-owned Tesla has once again increased the prices of its electric cars across its entire lineup with some models going up by as much as $6,000.
According to the auto-tech website…
2022 Hyundai Venue Facelift Subcompact SUV Launched in India at Rs 7.53 Lakh
Hyundai India has officially launched the facelifted subcompact SUV in India starting at Rs 7.53 lakh (ex-showroom). It comes with a host of cosmetic updates and new features. The facelifted Venue looks…
GM to invest $81 million to build Cadillac Celestiq EV at Global Technical Center
DETROIT— General Motors plans to invest more than $81 million to build the Celestiq, Cadillac's flagship electric vehicle, at the automaker's Global Technical Center.
The Celestiq, expected to launch next year, will be the first vehicle…
Stellantis tapping Valeo lidar for Level 3 self-driving cars
Most self-driving systems use a combination of radars, cameras and lidar.
Lidar, or light detection and ranging, sends pulses of light from a laser, at millions per second, that bounce off objects and return to the sensor. Onboard…
Polestar envisions producing 160,000 units a year for Polestar 3, Polestar 4
Swedish electric vehicle maker Polestar is betting boldly on its first pair of crossovers.
The Volvo affiliate said Tuesday that it expects to receive enough production capacity to produce more than 160,000 of its upcoming Polestar 3 and…
Electric Last Mile files for bankruptcy, owes $50 million to creditors
Electric Last Mile Solutions Inc. filed Tuesday a voluntary petition for Chapter 7 bankruptcy, disclosing that it has more than $50 million in liabilities to dozens of creditors.
The EV delivery van startup's bankruptcy petition, filed in…
Ferrari names luxury goods executive Carla Liuni its chief brand officer
“It is increasingly critical to be able to build and maintain a relevant brand identity that resonates with our community and is reflective of the world in which we live,” Vigna said in a news release. “Carla has the experience, the…
VW increases production at main EV plant as parts shortages ease
VW's Saxony division, which operates the plant, said the supply of parts is now stable enough for the factory to return to three-shifts.
This will help to clear an order backlog for EVs built at the plant, VW Saxony CEO Stefan Loth said in…
Volkswagen and Mercedes-Benz welcome EU internal combustion engine ban
VW called the EU’s plan an "ambitious but achievable goal" and said the industry's shift to electromobility is "irreversible."
“It is the only ecologically, technologically and economically sensible way to replace combustion engines as…
Electric Last Mile’s failure is reality check for EV startups, experts say
As Electric Last Mile Solutions Inc. prepares to liquidate under Chapter 7 bankruptcy, the company's rollercoaster ride is a sobering lesson for startups and investors in the EV space, according to industry observers.
ELMS excited…
Tesla Model Y Reportedly Spotted in Bengaluru
Bengaluru: While Elon Musk has announced not to bring Tesla cars to India unless his demands are met, the rich and the famous are not deterred from importing a Tesla vehicle to the country. A privately imported…
Michigan GM worker Gary Kendrick leaves $1.1 million to charities
When Kendrick died in February 2021 at age 67, the gifts turned out to be more generous than his lawyer, Dawn Weier, realized."I was able to start doing discovery on Mr. Kendrick's assets," Weier told a Flint TV station last week. "That's…
GM drops 4-year degree requirement for many jobs, will focus on skills
Nearly half of the about 500 group leaders GM has hired over the past several months are part of underrepresented categories, which GM defines as women and Black, indigenous and people of color.
The strategy is part of GM's mission to…
Ford adjusts EV standards, ups training with dealer feedback
Ford Motor Co. is upping its investment in electric vehicle training and demo models for dealerships and dropped an idea to give EV buyers a seven-day return option after executives solicited extensive feedback from retailers.
The…
BYD might sell batteries to Tesla
BYD Co., the automaker backed by Warren Buffett, is readying to sell its own batteries to Tesla Inc., an executive at the Chinese company has told state media."We are good friends with Elon Musk and we are preparing to supply batteries to…
Hyundai’s Korean production hit by truckers’ strike
At the port for Ulsan, the industrial hub where much of the strike action has occurred, container traffic has been completely suspended since Tuesday.
At Busan port, which accounts for 80 percent of the country's container activity,…
Industry groups are uneasy after EU lawmakers back 2035 zero-emissions target
Environmental groups welcomed the vote. “The deadline means the last fossil fuel cars will be sold by 2035, giving us a fighting chance of averting runaway climate change," said Alex Keynes, clean vehicles manager at Transport &…
Cybertruck Will Be Tesla’s Best Product Ever, Says Elon Musk
San Francisco: Tech billionaire Elon Musk said he believes that the upcoming Cybertruck will be the companys "best product ever". According to Teslarati, the Cybertruck was spotted at the Moss Landing Battery…
EU lawmakers sustain ban on new internal combustion engine cars by 2035
European Union lawmakers voted to uphold a ban on new combustion engine cars from 2035, holding off a challenge that would have put the bloc's climate goals at risk.
Members of Parliament voted against an amendment that would have eased a…
Warren Buffett backed BYD might sell batteries to Tesla
BYD Co., the automaker backed by Warren Buffett, is readying to sell its own batteries to Tesla Inc., an executive at the Chinese company has told state media."We are good friends with Elon Musk and we are preparing to supply batteries to…
EV charging company FLO will open plant in Auburn Hills, near Detroit
LANSING, Mich. — Canada-based electric vehicle charging company FLO said Tuesday it will open its first U.S. manufacturing plant in suburban Detroit late this year, spending $3 million and adding 57 workers in 2023 with plans to gradually…
Harvey Weinstein is suing Chrysler over Jeep crash
Former Hollywood movie producer Harvey Weinstein, now in prison after being convicted of sex crimes, on Tuesday sued the U.S. business of Fiat Chrysler Automobiles over a 2019 crash in which he flipped a Jeep Wrangler while trying to avoid…
Harvey Weinstein is suing Chrysler
Former Hollywood movie producer Harvey Weinstein, now in prison after being convicted of sex crimes, on Tuesday sued the U.S. business of Fiat Chrysler Automobiles over a 2019 crash in which he flipped a Jeep Wrangler while trying to avoid…
Ford-backed EV battery startup Solid Power launches cell production
LOUISVILLE, Colo. — Doug Campbell considers himself an unlikely leader for a battery startup on the cusp of big breakthroughs.
A little more than a decade ago, his first exposure to batteries came when he inherited a team of engineers…
Mercedes recalling about 1 million ML, GL, R-Class models globally
"We have found that in some of those vehicles, the function of the brake booster could be affected by advanced corrosion in the joint area of the housing," Mercedes said.
This could result in an increase in the brake pedal force needed to…
Ford secures future of Midwest plants ahead of UAW talks
The praise from UAW leaders stands in sharp contrast to their tone a little over a year ago, when the union lambasted Ford for moving planned production of two upcoming electric crossovers from Ohio Assembly to Mexico. Gerald Kariem, head…
Stellantis assigns new EV platform output to Windsor, Ontario, plant
Stellantis said its Windsor Assembly Plant in Ontario will produce vehicles on the automaker's new STLA Large platform that will support electric vehicles.
Retooling at the plant, which produces the Chrysler Pacifica, Voyager and the…