TSLA390.305-2.195%
GM79.985-0.555%
F12.860-0.0099%
RIVN17.2050.285%
CYD43.870-0.3%
HMC25.075-0.285%
TM205.120-10.13%
CVNA401.725-0.265%
PAG160.600-2.22%
LAD285.168-3.5925%
AN207.260-2.27%
GPI345.630-5.58%
ABG207.590-5.12%
SAH70.400-1.38%
TSLA390.305-2.195%
GM79.985-0.555%
F12.860-0.0099%
RIVN17.2050.285%
CYD43.870-0.3%
HMC25.075-0.285%
TM205.120-10.13%
CVNA401.725-0.265%
PAG160.600-2.22%
LAD285.168-3.5925%
AN207.260-2.27%
GPI345.630-5.58%
ABG207.590-5.12%
SAH70.400-1.38%
TSLA390.305-2.195%
GM79.985-0.555%
F12.860-0.0099%
RIVN17.2050.285%
CYD43.870-0.3%
HMC25.075-0.285%
TM205.120-10.13%
CVNA401.725-0.265%
PAG160.600-2.22%
LAD285.168-3.5925%
AN207.260-2.27%
GPI345.630-5.58%
ABG207.590-5.12%
SAH70.400-1.38%


Automakers

Volvo

Volvo announces a 25% drop in sales for April

- May 5, 2022
Volvo Car Group said this week that its sales for April totaled 47,150, down 24.8% year-over-year. Overall, sales dropped 47.8% in China, U.S. sales fell by 9.2%, and European sales dropped 23.3%.  Last...
Articles Headlines
Apple

Apple hires former Ford director for self-driving vehicle development

- May 5, 2022
Sources told Bloomberg this week that Apple Inc. has hired Desi Ujkashevic to help the tech giant on its so-called Apple Car Project, which aims to develop a self-driving vehicle. Ujkashevic recently retired from...
Articles Headlines
Aston Martin

Head of Aston Martin steps down, ex-Ferrari CEO to take over

- May 5, 2022
According to a Bloomberg report this week, Aston Martin Lagonda Global Holdings Plc's current Chief Executive Officer, Tobias Moers, will no longer be with the company after two years. Despite Aston Martin Chairman...
Articles

U.S. government to allocate over $3 billion to EV battery manufacturing

- May 4, 2022
On Monday, U.S. government officials said that over $3 billion of last year's $1 trillion infrastructure bill would be put towards electric vehicle (EV) battery manufacturing. The funding, which will come...
Articles Headlines
autonomous driving

BMW Group and Ansys to further partnership for autonomous driving tech

- May 4, 2022
The BMW Group and technology firm Ansys have announced they will be furthering their partnership to develop software for autonomous driving and advanced driver-assistance systems. The companies will be working on a...
Articles Headlines
Georgia

Georgia to give Rivian $1.5 billion in tax credits and incentives

- May 4, 2022
In a statement earlier this week, the State of Georgia and Rivian Automotive Inc. said the electric automaker would be receiving $1.5 billion in incentives and tax credits for its planned manufacturing...
Articles Headlines
Volkswagen

Volkswagen partners with Qualcomm for chip technology

- May 3, 2022
On Monday, German newspaper Handelsblatt reported that Volkswagen has agreed to partner with U.S.-based Qualcomm to develop self-driving vehicles. Volkswagen Chief Executive Officer Herbert Diess reportedly visited the San Diego-based technology firm last month...
Articles Headlines
Hyundai

Hyundai exec. José Muñoz to oversee new projects for the automaker

- May 3, 2022
Hyundai Motor North America’s President and Chief Executive Officer, José Muñoz, is reportedly taking on more responsibilities for the automaker as he joins the company’s Board of Directors of Motional, a partnership...
Articles Headlines
Ford

General Motors and Ford provide Ukrainian govt. with 50 vehicles each

- May 3, 2022
General Motors and Ford have officially confirmed they have each provided 50 vehicles to the government of Ukraine to assist in transporting civilians away from active war zones. Both automakers enlisted transportation...
Articles
Tesla

Tesla’s Shanghai gigafactory returns to 80% capacity according to Chinese officials

- May 3, 2022
The Shanghai Economics and Information Technology Commission chief engineer, Zhang Hongtao, said Monday that Tesla's operations have resumed over 80% after its Shanghai-based gigafactory was shut down for part of April...
Articles


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