Toyota to invest another $8B into North Carolina EV battery factory
Toyota said Tuesday it will invest another $8 billion into its first EV battery factory in North America, as the Japanese automaker tries to ramp up its electrification program and introduce 30 battery electric models globally by the end of the decade.
The North Carolina-based factory, which is sla
Layoffs at VW’s Cariad further delay software launch in Porsche, Audi models
Volkswagen’s software unit Cariad will delay the launch of its new software architecture yet again as it deals with a large round of layoffs.
Just three years after VW created Cariad, and only six months after an executive shakeup, the unit has planned to cut 2,000 jobs, German publication Ma
The Chevy Equinox EV is coming in 2024 with a $34,995 starting price and surprising range
The Chevy Equinox EV, an all-electric compact SUV that General Motors has aimed squarely at the mass market, will arrive in dealerships in 2024 with a battery range and sticker price that could propel its EV sales and even compete with Tesla.
The kicker? The Chevy Equinox EV base model will be pric
GM reaches tentative deal with UAW, ending widespread six-week autoworkers’ strike
The United Autoworkers reached a tentative agreement Monday with General Motors, wrapping up a six-week strike that affected the Big Three U.S. automakers and sent nearly 50,000 workers to the picket lines.
The deal, which has yet to be officially announced, came two days after the UAW expanded i
Cruise hits the brakes on driverless, UAW makes progress and more EV backpedaling
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Two of California’s biggest robotaxi opponents join forces
Two of the biggest groups to oppose robotaxi expansion in California are now formally working together.
Teamsters 856, which is tied to one of the longest-standing labor unions in the U.S., and Rideshare Drivers United (RDU), a group that advocates for app-based workers, said on Friday they’l
Cruise pauses all driverless robotaxi operations to ‘rebuild public trust’
Cruise said Thursday evening it has paused all driverless operations, a decision that comes just two days after the California Department of Motor Vehicles suspended Cruise's deployment and driverless testing permits effectively ending its robotaxi operations in the state.
The action means that
Ford delays $12B in EV investments as automaker wrestles with demand
Ford is delaying about $12 billion in planned investments on EVs, including construction of a second battery plant with joint venture partner SK On due to softening demand for higher priced premium electric vehicles.
CFO John Lawler emphasized Thursday during the company’s third-quarter ear
Waymo driverless vehicles are now available through Uber, starting first in Phoenix
Phoenix-area Uber users can now hail a Waymo driverless vehicle. The two companies today announced the launch of the joint service, which we first reported in May 2023.
To use the service, Uber users will need to hail a UberX, Uber Green, Uber Comfort or Uber Comfort Electric, and, if available, co
Temasek and SBI pour $384 million into India’s Ola Electric
Ola Electric said on Thursday that it has raised $384.43 million in a funding round, which included about $240 million in debt. The new round values the Bengaluru-headquartered electric vehicle startup — which supposedly has no ongoing relationship with the ride-hailing startup Ola but contin
Ford and UAW negotiators reach ‘tentative agreement’ to end strike
Ford has reached a “tentative agreement on a new labor contract” with the United Auto Workers (UAW) union for the automaker’s U.S. operations.
The UAW began its strike of the Detroit Three automakers — Ford, Stellantis and General Motors — in mid-September. If successf
Pony.ai gets $100M, establishes JV with Saudi Arabia’s Neom
Chinese autonomous vehicle startup Pony.ai has scored $100 million from Neom, Saudi Arabia’s futuristic city and development project. As part of the deal, the two plan to establish a joint venture to develop, manufacture and deploy autonomous vehicles and smart infrastructure in Neom and key
GM and Honda punt on plan to build millions of affordable EVs together
General Motors and long-time partner Honda have ended plans to build millions of affordable and smaller electric vehicles as the automakers come to terms with high interest rates and battery costs coupled with softening EV demand.
The end to the EV partnership comes 18 months after the two companie
California agency pulls Cruise’s commercial robotaxi permit following DMV action
The California Public Utilities Commission (CPUC) has suspended Cruise’s authority to carry and charge passengers for its robotaxi service, following similar action from the state’s Department of Motor Vehicles.
The CPUC is also “independently carrying out investigatory activities