DOE to loan $362 million for EV wiring startup CelLink
The U.S. Department of Energy on Friday said it plans to loan $362 million to help California wiring components startup CelLink open a factory in Texas. The conditional commitment from...
LinkedIn Live talk with S&P’s Michael Robinet on May 17
Join us at noon Wednesday for a LinkedIn Live talk with Michael Robinet, executive director of automotive advisory services at S&P Global Mobility.He will be joined by Automotive News Executive...
Lawsuit: Tesla software updates cut driving range 20%
WASHINGTON -- A group of U.S. Tesla Model S and Model X owners filed a proposed class-action lawsuit against the electric vehicle maker in California on Friday over automatic software...
GM and Ford car dealerships sell in 4 states
Hunter Automotive acquires first store Jed Hunter and John Paul Strong of newly formed Hunter Automotive purchased their first store late last year from Jeff Southworth. Hunter's wife, Meghan Hunter,...
Linda Yaccarino is ‘officially’ Elon Musk’s next Twitter CEO
Linda Yaccarino is the next CEO of Twitter, according to people close to the situation, who confirmed that she did accept the position. On Thursday, Twitter owner Elon Musk tweeted...
Braking defect prompts Tesla’s big recall in China
Tesla Inc. recalled virtually every car it’s sold in China due to a braking and acceleration defect that may increase crash and safety risks. The automaker will deploy an over-the-air...
VW explores plug-in hybrid for U.S. as EV transition unfolds
The Q5 e — also known as the Q5 55 TFSI e — is a five-seat midsize crossover that now boasts a 17.9-kilowatt-hour battery, allowing it to travel up to...
Strike at battery supplier to GM, Ford goes to court in 5th day
UAW members at a Clarios battery plant near Toledo, Ohio, that supplies Ford Motor Co. and General Motors entered their fifth day on the picket line Friday with no signs...
EV maker VinFast to list in the U.S. via a SPAC
HANOI, May 12 (Reuters) - Vietnamese electric automaker VinFast VFS.O said on Friday it will list in the U.S. via a merger with special purpose acquisition company (SPAC) Black Spade...
Tesla, Rivian, Lucid direct EV sales likely cost California dealers $910M
The market share of franchised dealers in Washington, Colorado and other states that allow direct sales and follow California's climate standards also is declining and starting to eat into their...