Tag: automotive news
GM and ChargePoint to install 500 ultrafast EV chargers nationwide by...
On Wednesday, GM Motors and ChargePoint announced a significant collaboration to install up to 500 ultra-fast EV chargers nationwide. These new charging stations, branded...
Musk’s political ties and SEC probe add pressure as Tesla stock...
Tesla's shares plummeted by 8%, marking the steepest decline in months, after experiencing explosive growth since the presidential election. Despite the recent pullback, the...
DOE awards $9.63B loan to BlueOval SK to build battery plants...
On Monday, the U.S. Department of Energy (DOE) finalized a $9.63 billion loan to BlueOval SK, a joint venture between Ford and South Korean...
Carlos Tavares breaks silence on his sudden yet ‘amicable’ Stellantis departure
Carlos Tavares, the former CEO of Stellantis, made headlines with his sudden resignation in early December, leaving the automotive industry in shock. Now, he...
Tesla wins as Trump team targets crash reporting requirement
The Trump transition team has proposed scrapping a key regulation that mandates automakers report crashes involving advanced driver-assistance systems (ADAS) and autonomous-driving technologies. This...
Elon Musk’s political influence pushes Tesla stock to new heights
Tesla's stock closed at a record high of $424.77 on Wednesday, surpassing its previous peak in 2021. The electric vehicle maker has experienced a...
Toyota gears up for electric SUV with additional $922M investment in...
Toyota has announced a massive investment in its Georgetown, Kentucky plant, committing nearly $1 billion to prepare for its first three-row electric SUV. The...
Weekly roundup: GM Cruise shifts focus, Tekion sues CDK, Ex-TrueCar worker...
Earlier this week: General Motors’ Cruise ditches robotaxis to invest in driver-assistance features. Tekion slams CDK with a federal antitrust lawsuit, citing anticompetitive practices...
Nissan appoints new CFO amid senior leadership shake up
Nissan Motor has announced Jérémie Papin as the company's new chief financial officer (CFO), following the unexpected departure of Stephen Ma from the role...
General Motors’ Cruise ditches robotaxis to invest in driver-assistance features
General Motors' Cruise is abandoning its mission to develop robotaxis and shifting its focus to advancing driver-assistance features.
On December 10, the automaker announced that...