Toyota announces a $70 billion commitment to EVs
This week, Toyota announced its plans to further its commitment to electric vehicles, stating it will be allocating $70 billion to the development of its electric lineup. The announcement is...
TSLA372.800-3.22%
GM76.620-2.32%
F12.260-0.14%
RIVN16.060-0.085%
CYD40.080-0.69%
HMC24.000-0.2%
TM191.260-1.72%
CVNA396.730-9.69%
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AN205.6904.72%
GPI349.2104.51%
ABG201.3900.83%
SAH73.2600.87%
TSLA372.800-3.22%
GM76.620-2.32%
F12.260-0.14%
RIVN16.060-0.085%
CYD40.080-0.69%
HMC24.000-0.2%
TM191.260-1.72%
CVNA396.730-9.69%
PAG171.66010.11%
LAD291.00013.76%
AN205.6904.72%
GPI349.2104.51%
ABG201.3900.83%
SAH73.2600.87%
TSLA372.800-3.22%
GM76.620-2.32%
F12.260-0.14%
RIVN16.060-0.085%
CYD40.080-0.69%
HMC24.000-0.2%
TM191.260-1.72%
CVNA396.730-9.69%
PAG171.66010.11%
LAD291.00013.76%
AN205.6904.72%
GPI349.2104.51%
ABG201.3900.83%
SAH73.2600.87%
OEM Headlines
North Carolina selected for new Toyota EV battery plant
On December 7, Toyota announced a major investment into electric vehicle manufacturing with a new battery plant coming in the state of North Carolina. The news was revealed jointly with...
Pace of electrification troubles Stellantis CEO
Stellantis NV CEO Carlos Tavares isn’t exactly thrilled about the pressure to convert the industry for higher EV adoption. Transitioning too quickly to electrification could hurt thousands employed by the...
Rivian stock falls as R1S deliveries pushed back by months and Ford collab dissolves
Amid huge publicity moves including an initial public offering on the NASDAQ exchange and the first deliveries of their all-electric pickup truck, Rivian has hit a speedbump. Their highly anticipated...
Ford October sales results paint a healthy picture of growth
On Wednesday, Ford announced their October 2021 sales results, and the news was of a healthy, thriving carmaker. Though the total vehicle sales are lower than a year ago, Ford...
GM’s chip supply improves, some overtime shifts reinstated at truck plants
On Monday, General Motors announced they will be reinstating overtime shifts at six manufacturing plants beginning in November, a move that indicates the effects of the chip shortage might be...
Toyota commits $3.4 billion to battery development in US
On Monday, Toyota Motor North America unveiled a plan to spend billions of dollars on automotive battery development in the US. The carmaker also intends to build a new battery...
Detroit’s Big Three carmakers have mandated vaccines in Canada
On Thursday, the Big Three carmakers out of Detroit each issued statements that COVID-19 vaccines would become mandatory for any employees, contractors, or visitors to their facilities in Canada. The...
Ford drives a lifestyle brand growth strategy
Launching off its successful Bronco and Mustang Mach E, Ford wants to expand the brand that once partnered with Versace to sell $1,135 Ford branded hoodies.
To help move that along,...
General Motors five years ahead of schedule for 100% renewable energy
On Thursday, September 30, General Motors issued a press release to announce the carmaker plans to acquire 100% of its power from renewable energy sources by 2025. This announcement puts...
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