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Volvo Income, Revenue Rise Despite Supply Chain Disruptions

Volvo Group reported strong third-quarter earnings and revenue gains in the face of chip shortages and other issues caused by global supply chain disruptions.

October 22, 2021

Stellantis to Partner With Samsung on Second EV Battery Plant for North America

For the second time in a week, Stellantis has announced plans to produce electric vehicle batteries for its North American assembly plants in a joint venture with a South Korean company.

October 22, 2021

Tesla Concerned About NHTSA’s Safety Pick

Elon Musk and thousands of Tesla Inc.’s die-hard fans and customers are in an uproar about NHTSA’s new pick as its senior safety adviser.

October 21, 2021

Tesla Hits Record Profit Despite Parts Shortage

DETROIT — Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history.

October 20, 2021

Seemingly an Odd Couple, Tesla and Texas Becoming Tightly Intertwined

It seems like an unlikely marriage: Tesla, the world’s biggest electric automaker, moving its headquarters to Texas — where the oil and gas industry is etched in the state’s DNA and where, unless something changes, Tesla isn’t even allowed to sell its vehicles directly to customers.

October 20, 2021

Lucid Says Air Sedan Will Be First US Car to Use Lidar

Lucid Group Inc. said its debut battery-electric vehicle will be the first production car in the U.S. to include a purpose-built laser sensor, or lidar, enabling a broad range of advanced driver-assistance features.

October 12, 2021

Elon Musk Now Dominating the World’s Richest List

Elon Musk is pulling away from the rest of the world when it comes to personal wealth.

October 8, 2021

DTNA Reaches BEV Milestone at 1 Million Miles

Daimler Trucks North America announced a milestone for its medium- and heavy-duty battery-electric truck development program as participating fleets using 40 trucks reached a cumulative total of 1 million miles of real-world usage along the West Coast and Canada.

October 8, 2021

Elon Musk Says Tesla Will Move HQ From California to Texas

Tesla will relocate its headquarters from Palo Alto, Calif., to Austin, Texas, though the electric-car maker will keep expanding its manufacturing capacity in the Golden State, CEO Elon Musk said Oct. 7.

October 8, 2021

Rivian’s Electric Truck Gets All the Attention, but Fate Is Tied to Amazon

On Oct. 1, Rivian shared new details of the Amazon deal in a filing with the U.S. Securities and Exchange Commission, revealing how closely its fate is tied to one of its biggest benefactors.

October 7, 2021