Day: March 2, 2023
Honda, VW and multiple Chevy stores sell in Q4 deals
One of the six publicly traded auto retailers sold a dealership in the San Francisco…
Tesla’s Monterrey plant ushers in Mexico’s electric vehicle age
Tesla Inc.’s plan to build a new assembly plant in Mexico is a clear sign…
CarGurus’ Q4 hurt by digital wholesale business CarOffer
Executives at vehicle listings company CarGurus Inc. remain bullish about its wholesale digital trading platform…
Ford establishes Latitude unit to develop automated-driving tech
Ford Motor Co. said it is creating a wholly owned subsidiary named Latitude AI to…
Car debt is piling up as more Americans owe thousands more than vehicles are worth
Chris Martin knew he needed a bigger car as the birth of his fourth child…
Mercedes says Level 4 hands-free automated driving ‘doable’ by decade’s end
SUNNYVALE, Calif. — Mercedes-Benz this year became the first automaker in the U.S. to say…
AV group releases U.S. policy guide for Congress, Transportation Department
WASHINGTON — The Autonomous Vehicle Industry Association on Wednesday released a U.S. policy framework outlining…
Autonomous driving leaders need financial staying power for long-term survival
The front-runners among companies vying to develop and deploy autonomous vehicles face tenuous futures. That’s…
Redwood recycled more than 1,000 battery packs through California program last year
Editor’s note: Redwood will soon produce cathode from the recycling program. An earlier version of…
Automotive tech startups land $647.5 million from VCs, equity investors in February
Private equity investors plowed at least $647.5 million into automotive-related startups in February. Of that,…
Will Tesla’s New Supercharger Membership Hinder Rival Networks?
After telling the Biden Administration that it would open the US Tesla Supercharger network to…
Official: Tesla Will Build Gigafactory In Mexico For Next-Gen EVs
During the 2023 Investor Day, Tesla’s CEOE Elon Musk officially announced that the company will…
Tesla’s Next-Gen Electric Motors Will Get Rid Of Rare Earth Elements
Tesla announced at its 2024 Investor Day event that it plans to bring an electric…
Tesla To Offer Unlimited Overnight Charging For About $1 Per Day
Tesla announced last evening at its 2024 Investor Day event that it will offer a…
Nissan Expects To Qualify For Full US EV Tax Credits From 2026
Nissan estimates it will be able to comply with US local sourcing rules for EV…
Tesla stock down as investor day falls short on specifics
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Electric vehicle maker Tesla hosted…
Polestar cuts annual losses in half as it ramps up EV production
In this article PSNY Follow your favorite stocksCREATE FREE ACCOUNT Polestar 3 Courtesy: Polestar Swedish…
Tesla shares down over 5% after investor day despite positive analyst sentiment
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk speaking at Tesla…