EV experts are not hopeful that the shortages of rare earth metals used in EV batteries will improve in the next few years. More and more top players in the...
Consumer confidence is on the rise following three straight months of declines. The good news is attributed chiefly to declining gas prices and an inflation rate that seems to have...
Ford Motor Company is asking the federal government to expedite permits for critical mining, according to a filing submitted to the Department of the Interior earlier this week.
In a letter...
Toyota Motor Corporation announced that the company would increase investment in a new US battery plant in response to rising consumer demand for electric vehicles. Toyota will almost triple the...
The US Department of Energy has awarded the University of Michigan an $11 million federal grant to fund research for ceramic, solid-state batteries for use in electric vehicles.
The grant will...
Catalytic converter thefts have increased in multiple cities across the country. Between 2018 and 2020, catalytic converter thefts increased from 1,298 to over 14,000, according to the National Insurance Crime...
Online auction company, ACV Auctions, has filed an antitrust lawsuit that alleges several companies in the physical auction sector conspired to hinder ACV's ability to compete in the market.
In a complaint filed...
The National Business League and automaker Stellantis revealed they are partnering to launch a program to develop and support black-owned supplier companies. The National Black Supplier Development Program will assist businesses with development through education,...
According to a new forecast from J.D. Power and LMC Automotive, new-vehicle retail sales for August are expected to decline compared to August 2021. Combined with record-setting new-vehicle prices and retailers struggling to...
Stephen Roach, Senior Fellow at Yale University's Jackson School of Global Affairs, appeared on CNBC's "Fast Money" where he said the U.S. needs a "miracle" to avoid a recession.
Roach served as chair...