Seven major automakers are joining forces to build an electric vehicle charging network that would rival Tesla’s and nearly double the number of fast-charging plugs in North America.
July 26, 2023Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Stellantis Profits Soar 37% in First Half of Year
MILAN — Stellantis on July 26 reported a 37% boost in earnings in the first half of the year, driven by strong North America income and an increase in electric vehicle sales in Europe.
July 26, 2023Congress Wades Into Self-Driving Debate With New House Bills
Congress is wading into the debate over whether automakers should be allowed to sell more self-driving cars while manufacturers seek federal permission to expand testing of the technology.
July 25, 2023Aurora Details Financial Plan, Unveils Lidar Breakthrough
Autonomous technology developer Aurora says it has set itself up financially for up to the next two years with a new round of public and private funding.Â
July 25, 2023Stellantis, Samsung to Build Another EV Battery Plant in US
Stellantis NV’s third battery manufacturing plant in North America will be built with South Korean battery partner Samsung SDI in the United States, the companies said July 24.
July 25, 2023General Motors Q2 Earnings Rise 52% on Strong Sales, Prices
DETROIT — Despite taking on a huge chunk of an expensive electric vehicle recall, General Motors posted $2.54 billion in second-quarter net income, a 52% increase over a year ago.Â
July 25, 2023GOP House Leaders Investigate Ford Battery Agreement
WASHINGTON — Republican congressional leaders sent a letter to Ford CEO Jim Farley claiming documents show hundreds of jobs at a planned battery plant will go to employees of a Chinese firm.
July 24, 2023Construction to Begin on North Carolina’s First Auto Plant
Ground will be broken July 28 on North Carolina's first car manufacturing plant. VinFast plans a $4 billion electric vehicle production and assembly plant near Moncure.
July 24, 2023Amazon, Six Other Companies Commit to AI Safeguards
President Joe Biden said the U.S. must guard against threats from artificial intelligence as he detailed new company safeguards and promised government actions on the emerging technology.
July 21, 2023Amazon to Roll Out Palm Payment Technology at Whole Foods
Customers at Amazon’s Whole Foods Market stores will soon be able to pay for their groceries with a wave of their hand.
July 21, 2023