Lordstown Motors Corp.’s first-ever quarterly report is likely to be overshadowed by broader concerns about customer demand and progress on getting production going at the electric-vehicle startup.
March 17, 2021Search
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BMW Ramps Up Move to Electric Cars
FRANKFURT, Germany — BMW intends to speed the rollout of new electric cars, vowing to bring battery-powered models to 50% of global sales by 2030, the German automaker said March 17.
March 17, 2021Rivian to Open Brooklyn Showroom
Rivian Automotive Inc., the electric truck startup backed by Amazon.com Inc., has signed a lease in Brooklyn for its first New York City retail store.
March 17, 2021ATRI Report: National VMT System a Costly, Complex Proposition
The administrative costs of a national vehicle-miles-traveled fee system represent a more complicated picture than the costs associated with financing mechanisms such as the federal fuel tax, according to a recent analysis from the American Transportation Research Institute.
March 17, 2021Intel, Ford Urge Tax Benefits for Chips, US Manufacturing
Foreign producers of semiconductors, electric car batteries and pharmaceuticals will continue to squeeze U.S. manufacturing unless Congress provides more incentives for domestic production, representatives from Intel Corp. and Ford Motor Co. said March 16.
March 16, 2021Hino Turns to Cummins Diesel Engines for US, Canada
Hino Trucks announced it intends to produce model year 2022 Classes 6-8 trucks for the United States and Canada equipped exclusively with diesel engines from Cummins Inc.
March 16, 2021VW Shares Soar on Plans to Beat Tesla
Volkswagen AG shares surged the most since a historic short squeeze a dozen years ago after back-to-back days of briefings on how it plans to supplant Tesla Inc. as the global electric vehicle leader.
March 16, 2021Continental Bets on Automated-Driving Growth in Unit Overhaul
Continental AG will create a dedicated unit for its self-driving technology as the German automotive supplier hopes to benefit from rising sales for electric cars filled with electronic gadgetry.
March 16, 2021Ford Partners With University of Michigan on Robotics
A grand opening was held March 16 for the four-story, $75 million, 134,000-square-foot Ford Motor Co. Robotics Building at the University of Michigan.
March 16, 2021Foxconn Mulls Making EVs at Wisconsin Plant
TAIPEI, Taiwan — Foxconn Technology Group, the world’s largest electronics manufacturer, is considering making electric vehicles at its highly anticipated Wisconsin plant that has been scaled back since its announcement in 2017, the company’s chairman said March 16.
March 16, 2021