Ford announces F-150 production restart
Ford’s Rouge Electric Vehicle Center is up after a six-week break in production to expand and retool the plant for increased manufacturing capacity of the F-150 Lightning.
Ford set to lose $4.5 billion on electric vehicles this year, despite increased revenue
Ford Motor Company is set to lose a projected $4.5 billion from electric vehicles (EVs) this year, despite massive profits from other sectors of the company.
Volkswagen growing market share in China through partnerships with Xpeng, SAIC
Volkswagen announced on Wednesday a duo of collaborations with Chinese companies to bolster the automaker’s presence in the country, while developing two new EV models.
US appeals court to reconsider decision on Elon Musk's 2018 anti-union tweet
The U.S. 5th Circuit Court of Appeals has agreed to an en banc review of its decision that Tesla CEO Elon Musk violated federal labor law with a 2018 anti-union tweet.
Ford ‘reviewing’ letter from US lawmakers worried about Chinese battery maker partner's ties to 'forced labor'
Ford Motor Company says it will "respond in good faith" to a letter House lawmakers sent to CEO Jim Farley raising concerns over the automaker's partnership with a Chinese battery maker.
Elon Musk talks up Tesla's Cybertruck on earnings call
Tesla's revenue and earnings-per-share came in above estimates for the second quarter, and the company announced $24.93 billion in revenue Wednesday.
US safety regulator launches probe into fatal Tesla crash
The National Highway Traffic Safety Administration is opening an investigation into a deadly crash involving a 2018 Tesla Model 3 in California.
Ford cuts prices on F-150 Lightning truck
Ford is lowering the price of its F-150 Lightning as plant capacity picks up, the cost of raw materials for batteries falls, and internal efforts are employed to scale production.
Tesla completes first Cybertruck after years of delays
Tesla announced that its first electric Cybertruck was produced at its Gigafactory manufacturing hub in Austin, Texas, after years of delays in the electric truck's production.
Kia to invest $200M in Georgia EV plant
South Korean automaker Kia will spend $200 million on its West Point, Georgia, facility to begin production of an electric-powered SUV, the company said Wednesday.
After Dodge driver was killed by exploding airbag, company urges Ram owners to stop driving certain models
The driver of a 2003 Dodge Ram was killed by an exploding Takata airbag inflator on May 13, 2023. Now the company is urging drivers of certain rams to stop driving the vehicles.
Regulators probe complaints over door issues on some Escape models
Regulators at the National Highway Traffic Safety Administration are investigating complaints that doors on some Ford Escapes can open when the vehicle being driven.
Rivian shares drive toward 9th straight win
The winning streak continues for Rivian shares, adding to the 80+% gains over the last eight trading days as investors pile into the electric vehicle maker after a string of announcements.
Rivian shares ride eighth straight day of gains
Rivian may have finally arrived. Shares of the electric vehicle maker are on pace to post the best eight-day stretch on record after a week of positive Wall Street calls.
Mercedes-Benz to adopt Tesla charging standard for EVs, access Supercharger network
Mercedes-Benz is the latest in a string of automakers to announce plans to adopt Tesla's charging standard for electric vehicles and allow access to its Supercharger network.
Tesla debuts customer referral in EV war's next move
Tesla will now offer buyers an opportunity to earn extra incentives through referrals from existing customers, a tactic used by traditional automakers like Ford and GM.
Amazon-Rivian deal sends shares to new high
Rivian shares hit a new high after Amazon announced it was taking the auto company’s technology to Europe with first rollouts in Munich, Berlin and Düsseldorf, Germany.
Record number of Americans set to hit the road for July 4th this year, AAA says
Americans are expected to hit the road in record numbers for the days surrounding July 4 this year after gas prices plummeted roughly 30% since last year.
Hyundai chairwoman denied access to North Korea for husband's memorial service
North Korea has denied Hyundai Group Chairwoman Hyun Jeong-eun's request to visit the country's Mount Kumgang for a memorial service in honor of her late husband.
Cathie Wood’s ARK drops over $7M of Tesla shares
Cathie Wood’s ARK Invest just dumped $7.3 million of Tesla stock after Goldman Sachs hit the EV maker with its fourth share downgrade of the month on Monday.