Autos
Panasonic reportedly building new factory in Kansas to produce batteries for Tesla and rest of EV industry
An aerial view of the Tesla Gigafactory near Sparks, Nevada Bob Strong | Reuters Panasonic is planning to build a new battery factory in Kansas to produce high-capacity cells for Tesla, according to a report out Wednesday from Nikkei Asia. Kansas Gov. Laura Kelly, a Democrat, has scheduled a news conference in Topeka today at […]
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Shares of Tianqi Lithium slump around 10% in first day of trading in Hong Kong
Shares of Tianqi Lithium slumped about 10% in their Hong Kong market debut Wednesday, after the Chinese company raised about $1.7 billion in the city’s biggest listing so far this year. The stock traded at around 74.50 Hong Kong dollars ($9.49), lower than the offer price of HK$82 ($10.45) a share. It slipped to as […]
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Chinese EV maker XPeng’s robotics arm raises $100 million to bring robots to households in 2 years
XPeng is still focused in boosting the sales of its electric cars. But it has been focusing on building out future businesses in flying cars and robotics. Qilai Shen | Bloomberg | Getty Images XPeng Robotics, the affiliate company of Chinese electric carmaker XPeng, on Tuesday said it raised $100 million as part of its […]
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Elon Musk says it’s time for Trump to ‘sail into the sunset’
President Donald Trump talks with Tesla and SpaceX CEO Elon Musk at Trump Tower last February. Evan Vucci | AP Tesla and SpaceX CEO Elon Musk said Monday that he thinks former President Donald Trump should, “hang up his hat & sail into the sunset.” Writing on Twitter, where Musk has more than 100 million […]
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Uber lobbied, used ‘stealth’ tech to block scrutiny, report says
A driver uses the Uber app to drop off a passenger. Chris J. Ratcliffe | Bloomberg via Getty Images As Uber aggressively pushed into markets around the world, the ride-sharing service lobbied political leaders to relax labor and taxi laws, used a “kill switch″ to thwart regulators and law enforcement, channeled money through Bermuda and […]
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Ford’s Mustang Mach-E electric crossover is a hit with industry insiders — that could help it take on Tesla
Ford’s first real attempt at an electric vehicle has been quite a hit with critics. The Mustang Mach-E replaced the Tesla Model 3 as Consumer Reports’ Top Pick in February 2022. It was named the Top Car in the Automobile Association of America (AAA) Car Guide in May. Car and Driver awarded it the magazine’s […]
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Auto dealerships are facing a shortage of technicians to fix cars. Here’s why
It’s not just hard to buy a new car these days — it’s getting tough to even get one fixed. There just aren’t enough workers to do the job. Dealers and auto repair shops are struggling to recruit and retain technicians and other service department workers. Auto dealerships, like many industries, are feeling the effects […]
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U.S. agency to open probe into fatal Florida Tesla crash
A Tesla that rear-ended a tractor-trailer at a rest area off Interstate 75 killing both the driver and passenger, is seen at the crash site near Gainesville, Florida, July 6, 2022. Florida Highway Patrol | via Reuters The National Highway Traffic Safety Administration said on Friday it will open a special investigation into a Florida […]
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Tesla sells record high number of China-made vehicles in June
A driver in PPE moves a new Tesla passenger car from Shanghai off a ro-ro ship in the port in Yantai in east China’s Shandong province Monday, April 25, 2022. Tang Ke | Feature China | Getty Images Tesla in June achieved its highest monthly sales of China-made vehicles since opening its Shanghai plant in 2019, […]
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Ford reports worst quarterly sales in China since onset of coronavirus pandemic
Visitors walk past a Ford Escape Titanium at the Shanghai Auto Show in Shanghai on April 17, 2019. Greg Baker| AFP | Getty Images DETROIT – Ford Motor joined its crosstown rival General Motors in reporting its worst quarterly sales in China since the onset of the coronavirus pandemic, amid a resurgence of Covid-19 cases in the […]
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