In the past decade, investors have poured about $330 billion into 2,000 mobility companies, with two-thirds directed at AV technology and smart mobility, according to McKinsey & Co. The driverless...
WASHINGTON -- European Union Ambassador Stavros Lambrinidis said he was very hopeful that negotiations with the United States could result in elimination of discriminatory provisions in the U.S. Inflation Reduction...
Polestar posted a smaller third-quarter operating loss as revenue more than doubled and the company cut spending, but the electric-vehicle maker warned that higher raw material costs would start to...
Pennsylvania regulators have suspended two Carvana Co. locations in the state from performing motor vehicle titling and registration actions. The online used-vehicle retailer's locations in Philadelphia and Bridgeville, a Pittsburgh...
TuSimple Holdings, a self-driving vehicle startup that recently went through a U.S. national security review, ousted its interim chief executive officer and most of its board. Investors constituting a majority...
The federal government's push to expand the nation's public charging infrastructure is also key to meeting Rowan's prediction. The Biden administration has unlocked more than $1.5 billion in funding in...
"I see our future being derived from iron, which is a very abundant, low-cost material and very safe to operate," ONE CEO Mujeeb Ijaz told Automotive News. While iron is...
Cox Automotive, which in 2021 transferred its Canadian operations to the U.S. and parted ways with its Canadian president, told customers on Wednesday it is selling the majority of its...
The executive team from Brown Automotive of Fairfax, Va., is joining Safford's management organization, and the combined group will eventually be renamed Safford Brown Automotive Group, Gramm said. Safford previously...
As of the Inflation Reduction Act's enactment in mid-August, eligible EVs must be assembled in North America. Restrictions on sticker price, buyer income and battery component and critical mineral sourcing...
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