Ford finalizes joint venture with SK Innovation to develop electric car batteries

CBT News Editorial Team - July 18, 2022

Ford and SK Innovation announced back in May of last year that they would be launching a joint venture program called BlueOvalSK. Working together, these two companies aim to produce 140 gigawatt-hours of...

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The 2023 Toyota Crown is coming to the U.S. and 40 other nations

CBT News Editorial Team - July 18, 2022

The 2023 Toyota Crown, one of the automaker's most popular vehicles offered only in Japan, is expanding globally for the first time. Toyota's 16th generation Crown vehicle will go on sale in 40 nations,...

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GM partners with EVgo and Pilot to increase EV charging stations along U.S. highways

CBT News Editorial Team - July 18, 2022

General Motors has partnered with Pilot, an American petroleum corporation, and BEV charging company EVgo to produce a large network of fast EV charging stations along the highway system throughout the United States. Late last week, Pilot announced they...

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Anonymous whistleblower accuses GM-backed Cruise of chaotic safety culture

CBT News Editorial Team - July 18, 2022

A letter addressed to California Safety Regulators arrived recently from an alleged Cruise employee turned whistleblower. The letter states the EV robo-taxi company is hiding safety information about vehicle crashes. Included in the letter...

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U.S. electric vehicle sales jumped 13% in Q2, according to Cox Automotive data

CBT News Editorial Team - July 15, 2022

Electric vehicle sales increased 13% in the second quarter of 2022 and reached a record-high share of the market in Q2 of 5.6%, according to Cox Automotive. With gas prices...

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Hyundai unveils the Ioniq 6, the automaker’s first electric sedan

CBT News Editorial Team - July 15, 2022

On Thursday, Hyundai announced its first EV sedan, the Ioniq 6. The South Korean carmaker hopes this strategy will help the company to increase its market share of electric vehicles...

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Challenges on the horizon for automotive tech startups, says Stellantis CEO Carlos Tavares

CBT News Editorial Team - July 15, 2022

According to Stellantis CEO Carlos Tavares, the company's gamble on automotive startups this year has paid off, but the world of startups will be affected by the shifting economy. Tavares...

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Treasury Secretary Janet Yellen says reducing inflation is Washington’s ‘top priority’

CBT News Editorial Team - July 15, 2022

On Wednesday, the inflation rate in the United States rose to 9.1%, the highest since 1981. Janet Yellen, U.S Treasury Secretary, stepped in and announced that Washington's top priority is to...

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Group 1 Automotive buys 3 more dealerships and 1 collision center in Louisiana

CBT News Editorial Team - July 14, 2022

Group 1 Automotive, one of the nation's largest automotive retailers, acquired three dealerships and a collision center located in Shreveport, Louisiana. The dealerships, including Mercedes-Benz, Sprinter, Land Rover, Jaguar, and...

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U.S. inflation reached 9.1% in June, consumer pressures continue to mount

CBT News Editorial Team - July 14, 2022

According to the Dow Jones estimate, economists predicted that the U.S inflation rate would not move and stay at a rate of 8.8%. However, in June, inflation rose to 9.1%,...

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Articles

Ford finalizes joint venture with SK Innovation to develop electric car batteries

The 2023 Toyota Crown is coming to the U.S. and 40 other nations

GM partners with EVgo and Pilot to increase EV charging stations along U.S. highways

Anonymous whistleblower accuses GM-backed Cruise of chaotic safety culture

U.S. electric vehicle sales jumped 13% in Q2, according to Cox Automotive data

Hyundai unveils the Ioniq 6, the automaker’s first electric sedan

Challenges on the horizon for automotive tech startups, says Stellantis CEO Carlos Tavares

Treasury Secretary Janet Yellen says reducing inflation is Washington’s ‘top priority’

U.S. inflation reached 9.1% in June, consumer pressures continue to mount

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