Autos
Stellantis, LG Energy Solution to invest $4.1 billion in Canadian EV battery plant
Chris Feuell, CEO of Chrysler brand of Stellantis, introduces the all-electric Chrysler Airflow Concept vehicle during a Stellantis press event at CES 2022 at the Las Vegas Convention Center on January 5, 2022 in Las Vegas, Nevada. Alex Wong | Getty Images DETROIT – Automaker Stellantis and LG Energy Solution will invest about $4.1 billion […]
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Londoners urged to avoid ‘unnecessary car journeys’ after mayor triggers high pollution alert
The Mayor of London, Sadiq Khan, has issued a high pollution alert for the U.K. capital. Andrew Holt | Photolibrary | Getty Images LONDON — Mayor of London Sadiq Khan has issued a high pollution alert for the U.K. capital, telling those with lung and heart problems to “avoid physical exertion” for its duration. In […]
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Investing Club: Goldman Sachs cut its earnings estimates on Ford — here’s what we think
We’re keeping our 1 rating on Ford shares, despite Goldman Sachs cutting its EPS targets for 2022 and lowering its price target. Source
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Elon Musk to officially open German factory as Tesla looks to ease demand pressure
SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Elon Musk will officially open Tesla’s first manufacturing facility in Europe on Tuesday as the company looks to take pressure off its other factories in […]
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Ford F-150 Lightning’s 320-mile range beats available Rivian electric pickups, but lags GMC
2022 Ford F-150 Lightning Ford DETROIT – Ford Motor’s 2022 F-150 Lightning pickup will have an electric range of up to 320 miles, according to final Environmental Protection Agency estimates released Monday by the automaker. The top range of the all-electric pickup is 20 miles higher than Ford initially estimated, which places it just above […]
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General Motors is creating an import business to send certain iconic vehicles to China
GM President Mark Reuss announces a $2.2 billion investment in the automaker’s Detroit-Hamtramck Assembly plant in Michigan for new all-electric trucks and autonomous vehicles on Jan. 27, 2020. Michael Wayland / CNBC DETROIT – General Motors is creating a new China-based premium import business focused on sales of high-margin, “iconic vehicles” from the U.S. The […]
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The Routing Company lets you hail a ride — on public transit
The Routing Company powers on-demand bus and shuttle service for public transit agencies. Courtesy: The Routing Company The Routing Company is rolling out apps that bring the convenience of on-demand ride-hailing to public transit. Led by CEO James Cox, formerly the global head of product operations at Uber, the 40-person Boston startup has developed rider, […]
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General Motors ramps up production of Cadillac Lyriq, company’s first electric vehicle
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau joins ‘Squawk Box’ from a General Motors plant to discuss the company’s planned rollout of its first electric vehicle, the Cadillac Lyriq. Source
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Goodyear, called a stealth EV play, is investing to hold its competitive advantage
The auto industry’s shift to electrification could be a multiyear tailwind for Goodyear, the company’s CFO explained. Source
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Volkswagen recalls 246,000 Atlas SUVs due to issue with airbags, brakes
Volkswagen recalled 246,000 Atlas and Atlas Cross Sport SUVs in the U.S. and Canada because of a wiring issue that could cause problems with the airbags, windows and brakes of the cars. Damage to the wiring of the cars could result in airbags deploying “later than designed,” which could lead to injury of people in […]
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