For Electric Vehicle Makers, Winners and Losers in Climate Bill

The climate and energy package awaiting final approval by Congress aims to achieve two goals. It aims to make electric vehicles more affordable while freezing China out of the supply chain. Auto...

For Electric Vehicle Makers, Winners and Losers in Climate Bill

The climate and energy package awaiting final approval by Congress aims to achieve two goals. It aims to make electric vehicles more affordable while freezing China out of the supply chain. Auto...

Senator wants U.S. agency to address risk of children being struck by SUVs

By David Shepardson WASHINGTON -A U.S. senator on Friday asked the National Highway Traffic Safety Administration (NHTSA) to address the risk of unseen children being struck by sport utility...

Lamborghini braces for cold winter after a record first half

Wealthy sports car enthusiasts powered Italian supercar brand Lamborghini to record first-half deliveries and profitability, but Chief Executive Stephan Winkelmann said he is preparing for a...

After a record first half, Lamborghini prepares for a cold winter

By Joseph White DETROIT - Wealthy sports car enthusiasts powered Italian supercar brand Lamborghini to record first-half deliveries and profitability, but Chief Executive Stephan Winkelmann said...

Nissan's profits plunge on COVID lockdown, chips crunch

TOKYO (AP) — Japanese automaker Nissan's profit plunged in the last quarter to less than half of what it was a year earlier as the COVID-19 lockdown in China and a global semiconductor shortage...

The Wall Street Journal: Elon Musk’s alleged affair with Sergey Brin’s wife led to falling out between billionaires

Elon Musk engaged in a brief affair last fall with the wife of Sergey Brin. Musk is the richest person in the world, with an estimated fortune of $240 billion. Brin ranks eighth worldwide, with...

Parts shortages, high gas prices weigh on U.S. auto market

Major automakers are expected to report on Friday that first-quarter U.S. car and light truck sales fell sharply compared to a year ago. J.D. Power and LMC Automotive forecast that January-March...

Tesla sold 56515 China-made vehicles in February - CPCA

Tesla sold 56,515 China-made vehicles in February, including 33,315 for export. Tesla, which has made Model 3 sedans and Model Y sport-utility vehicles in Shanghai since 2019. Chinese NEV maker...

Explainer: In gasoline-guzzling U.S., high pump prices can be political poison

U.S. President Joe Biden launched an aggressive attack on gasoline prices last week. Biden enlisted China and other nations in a possible joint release of oil reserves. Biden also sharpened a...

Tesla just had its worst week in 20 months after Elon Musk sold $5.7 billion worth of shares

Shares of Tesla declined 15.4% for the week after CEO Elon Musk commenced with his plans to sell a huge block of his holdings this week. It marks Tesla's worst one-week performance in 20 months....

Tesla sold 54391 China-made vehicles in October - CPCA

U.S. electric vehicle maker Tesla sold 54,391 China-made vehicles in October. Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles. Passenger car sales in October in China...

Rivian Is Shooting for a $64 billion Valuation. Here’s Why That’s Not Crazy

Electric-truck maker Rivian is set to go public this coming week at a market value that could exceed that of Honda Motor. The company has essentially no sales, and no manufacturing experience....

Democrats' latest climate plan includes tax breaks for EVs that cost up to $80,000

Democratic lawmakers unveiled a revised social spending and climate provision that expands an electric vehicle tax credit of up to $12,500 for more expensive cars. The update also proposes a lower...

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