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France opens invitation to China’s BYD for an EV factory amid EU-China trade tensions

French Finance Minister Bruno Le Maire has made a significant move by inviting China's well-known electric vehicle (EV) manufacturer BYD to set up a factory in France. This invitation was made during a meeting with automotive industry leaders and coincides with Chinese President Xi Jinping's visit to Paris.  The minister's remarks were made while the European Union is investigating whether to impose tariffs on Chinese automakers, including BYD, to protect the domestic auto industry from the effects of heavy state subsidies. European Union companies have benefited from such subsidies, and the European Commission has been investigating whether to apply punitive tariffs...

UAW members authorize strike at Stellantis plant over safety concerns

United Auto Workers (UAW) members have voted to authorize a strike at Stellantis' Michigan stamping plant if talks between company leadership and union officials...

Lucid losses narrow in first quarter despite price cuts

Lucid's first-quarter earnings revealed positive shifts for the fledgling brand, with most financial metrics improving despite a global cooldown in battery-powered car demand. The electric...

NHTSA investigates Tesla’s Autopilot safety features, July 1 deadline

Tesla's December recall of over 2 million vehicles to enhance Autopilot safety features is now under the National Highway Traffic Safety Administration's (NHTSA) scrutiny....
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