Most factories in Shanghai resume work as Covid controls ease, ministry says

German automaker Volkswagen is one of state-owned automaker SAIC’s foreign partners in China. Pictured here…

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…

GM’s stock closes below IPO price for first time since October 2020

In this article GM Mary Barra, Chair and CEO of the General Motors Company (GM),…

F1 nears deal to secure South African Grand Prix

6:54 AM ET Formula One is moving closer to securing a South African Grand Prix…

EV-truck startup Electric Last Mile files for Chapter 7 bankruptcy, plans to liquidate

Electric Last Mile Solutions Inc. said it plans to liquidate through a Chapter 7 bankruptcy…

EV start-up Electric Last Mile Solutions plans to declare bankruptcy a year after going public

In this article ELMS The ELMS Urban Delivery, anticipated to launch later this year, is…

Newgarden’s Road America win yields $1M bonus

3:54 PM ET Associated Press ELKHART LAKE, Wis. — Josef Newgarden earned a $1 million…

2023 Porsche 911 Carrera GTS Cabriolet America coming late this year

Porsche will offer a North America-specific sports car model with the “America” moniker. The limited…

Chinese automakers want to bring assisted driving to the masses

Jidu, Baidu’s electric car venture alongside Geely, revealed its first concept car on June 8,…

Hamilton on Baku pain: ‘Was praying for it to end’

10:22 AM ET Lewis Hamilton said the pain he felt from his bouncing Formula One…

Podcasters bring fixed ops expertise to the masses

When Ted Ings got his start as a salesman at Fette Ford in Clifton, N.J.,…

Rossi wins pole at Road America, first since 2019

4:21 PM ET Associated Press ELKHART LAKE, Wis. — Alexander Rossi won his first pole…

GM drops 4-year degree requirement for many jobs, will focus on skills

DETROIT — General Motors has dropped a four-year degree requirement for many jobs, opting for…

Goodbye gasoline cars? EU lawmakers vote to ban new sales from 2035

In this article BMW-DE Traffic in Paris, France, on May 12, 2020. The European Parliament…

Hamilton will not star in Brad Pitt F1 movie

12:24 PM ET Seven-times world champion Lewis Hamilton on Friday said he would not appear…

Tesla asks shareholders to approve 3-for-1 stock split amid market plunge

Tesla Inc. said it will ask shareholders to approve a 3-for-1 stock split at their…

QuantumScape promised a revolutionary EV battery. Here’s why investors are still waiting

In this article QS A solid-state battery development lab for QuantumScape. QuantumScape The electric vehicle…

De Silvestro to return to IndyCar at Road America

4:11 PM ET Associated Press Simona de Silvestro finished second at the Houston Grand Prix,…