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Tesla, GM facing 'a nightmare' in China, analyst says

yahoo.com As mainland China backs away from its zero-COVID policy and loosens restrictions, business optimism and a slight return to normalcy are welcome changes for citizens and…

Twitter Rival Mastodon Sees Traffic Skyrocket 588%, With 9.5M Visits

mediapost.com In the month after Elon Musk bought Twitter -- a move that prompted users and advertisers to seek alternative platforms amidst unprecedented job cuts and an ongoing…

Major car brands like Volkswagen, Tesla, and BMW are at high risk for sourcing metals from factories linked to forced Uyghur labor, researchers say

businessinsider.com A man working a smelter at a steel factory in China. Per-Anders Pettersson/Getty Images Major car makers are at high risk for exposure to forced Uyghur labor, according to…

Tesla's struggles in China and Europe may be a preview of the pain coming for Elon in the US

businessinsider.com Tesla CEO Elon Musk, his Cybertruck, and some shattered windows. Frederic J. Brown/Getty Images Bloomberg reported this week that Tesla would scale back production at its…

America’s allies are furious over trade rules. Democrats don’t care

politico.com America’s allies are furious over trade rules. Democrats don’t care. The Democratic lawmakers who created tax incentives for electric vehicles make no bones about their…

Truck makers lobby to weaken U.S. climate policies, report finds

npr.org Ian Mcdonnell/Getty Images toggle caption The transportation sector makes up 27% of U.S. greenhouse gas emissions. Of that percentage, medium and heavy duty trucks —…

Vietnam’s Vinfast Revs Up for US Market With $100 Million IPO

247wallst.com Vietnamese electric vehicle (EV) startup Vinfast is revving up for its debut in US public markets. Vinfast filed with the Securities and Exchange Commission (SEC) on…

F1’s Williams Racing Team Redefines The Startup Culture At 200 MPH

forbes.com Professional sports and the businesses that run them are constructed of ones and zeros representing the winning purse, the number of championships won, and the standings…

China’s Electric Car Assault On Europe Will Accelerate In 2023, Then Hit Top Gear

forbes.com Chinese electric car makers are coming to Europe in gangbuster mode, aiming to win sales from volume manufacturers like Volkswagen and Stellantis. But before BMW, Mercedes…

SK and Hyundai plan Georgia electric vehicle battery plant, 3,500 jobs

ajc.com “Hyundai Motor Group and SK On are valued partners and key players in our state’s ever-growing automotive industry,” Kemp said in the release. More than 548,000 EVs were…

Georgia Is Becoming An EV Leader -That’s Good For Our Climate

forbes.com As a climate scientist and native son of Georgia, I could not be more excited about what is unfolding in my home state. Georgia is rapidly becoming a major player in the…

Fifteen automakers reach automatic braking goals this year

go.com DETROIT -- Fifteen automakers have made life-saving automatic emergency braking standard on nearly all of their new passenger vehicles in the U.S. this year, fulfilling a…

Volkswagen expects difficult 2023 for financial services unit

reuters.com Dec 8 (Reuters) - Volkswagen (VOWG_p.DE) expects a difficult 2023 for its financial services unit on the back of economic downturn, higher energy prices and rising interest…

Volkswagen expects difficult 2023 for financial services unit By Reuters

investing.com (Reuters) - Volkswagen (ETR:VOWG_p) expects a difficult 2023 for its financial services unit on the back of economic downturn, higher energy prices and rising interest…

Multinational firms are finding it hard to let go of China

economist.com Multinational firms are finding it hard to let go of China Should companies divest, decouple—or double-down? Few jobs are guaranteed to turn hair grey faster than running…

Fraud trial conviction could be "death knell" for Trump Organization

cbsnews.com of two Trump Organization companies for tax fraud and other crimes could prove insurmountable for former President Donald Trump's hotel and real estate businesses, which are…

Bentley China orders slowed by shutdowns, has no IPO plans By Reuters

investing.com By Nick Carey CREWE, England (Reuters) - Volkswagen (ETR:VOWG_p)'s Bentley expects a slight drop in production in 2023 as shutdowns in China have slowed orders, the British…

Back Up The “Dividend Dump Truck” For These Stocks In ’23

forbes.com China’s over-the-top COVID lockdowns are setting up a surprising “all-American” dividend opportunity for us contrarians. The pushback, which President Xi (shockingly) didn’t…

Mobileye reports Q3 revenue up 38% YoY to $450M, beating $447M estimates, and a $45M net loss, up from $26M YoY, in its first post-IPO earnings

reuters.com Dec 7 (Reuters) - Mobileye Global Inc (MBLY.O) beat estimates for revenue on Wednesday in its first quarterly report after going public in October, as the Intel Corp…

Mobileye beats revenue estimates in first quarterly report since IPO By Reuters

investing.com (Reuters) - Mobileye Global Inc beat estimates for revenue on Wednesday in its first quarterly report after going public in October, as the Intel Corp (NASDAQ:INTC) unit…

Mobileye beats revenue estimates in first quarterly report since IPO

reuters.com (Reuters) - Mobileye Global Inc beat estimates for revenue on Wednesday in its first quarterly report after going public in October, as the Intel Corp unit benefited from…

Tesla’s Berlin Hub Can’t Hire Enough People, or Keep Them

wired.co.uk As Elon Musk attempts to manage Twitter after mass layoffs in November, his flagship company Tesla is also facing staffing problems globally, with vacancies doubling since…

Apple to Charge Under $100000 for Apple Car, Launch Planned for 2026

macrumors.com Apple is aiming to launch an Apple-branded consumer-oriented vehicle by 2026, and its goal is to hit a price point under $100,000 to make the car appeal to a wider range of…

Apple's rumored electric car may not be fully self-driving after all

engadget.com Apple isn't done scaling back its plans for an electric car, apparently. Bloomberg sources say the EV, codenamed Project Titan, is no longer a fully self-driving machine. It…

IoTeX, First Web3 Project In One Of The World’s Largest..

cryptodaily.co.uk IoTeX has joined the Eclipse Foundation, one of the world's largest open-source software organizations, and will contribute to the Oniro Project working group to develop a…

Apple’s first car effort might not be self driving after all

techcrunch.com Apple has talked a big game about its future plans to break into the automotive market. But a report from Bloomberg says that Apple has had to scale back its plans. Last…

UAW calls on automakers to move supply chain out of Xinjiang region By Reuters

investing.com By David Shepardson WASHINGTON (Reuters) - The United Auto Workers (UAW) union called on automakers to shift their entire supply chain out of China's Xinjiang region after a…

UAW calls on automakers to move supply chain out of Xinjiang region

reuters.com WASHINGTON, Dec 6 (Reuters) - The United Auto Workers (UAW) union called on automakers to shift their entire supply chain out of China's Xinjiang region after a new report…

Robot Truck Startup Kodiak Gets A $50 Million Chance To Adapt Its Tech For The U.S. Army

forbes.com Kodiak, a Silicon Valley-based developer of autonomous truck technology, is expanding its business with a $49.9 million contract from the U.S. Defense Department to help…

Self-Driving Truck Startup Kodiak Gets A $50 Million Chance To Adapt Its Tech For The U.S. Army

forbes.com Kodiak, a Silicon Valley-based developer of autonomous truck technology, is expanding its business with a $49.9 million contract from the U.S. Defense Department to help…

Volkswagen CEO to present software 'reality check' to board on Dec 15 By Reuters

investing.com By Jan Schwartz HAMBURG (Reuters) - Volkswagen (ETR:VOWG_p)'s CEO will outline a new software and vehicle platform strategy to the carmaker's supervisory board on Dec. 15 as…

Volkswagen CEO to present software 'reality check' to board on Dec 15

reuters.com HAMBURG, Dec 6 (Reuters) - Volkswagen's (VOWG_p.DE) CEO will outline a new software and vehicle platform strategy to the carmaker's supervisory board on Dec. 15 as he tries…

Porsche up on DAX promotion; Puma shrugs off exclusion By Investing.com

investing.com By Geoffrey Smith Investing.com -- Porsche (ETR:P911_p) preferred stock edged back up toward a record high in early trade in Frankfurt on Tuesday, after market operator…

Global Car Supply Chains Entangled With Abuses in Xinjiang, Report Says

nytimes.com The global auto industry remains heavily exposed to the Xinjiang region of China for raw materials, components and other supplies, a new report has found, despite a recent…

VW to Sell Chinese-Built Electric Cars in Europe

asiafinancial.com German car giant group Volkswagen is to start exporting electric vehicles produced in China to Europe in two years time, auto news website Carscoops reported. VW revealed…

China’s BYD to Start Selling EVs in Japan From January 2023

asiafinancial.com China’s BYD said on Monday it would start selling its first battery electric vehicles (BEVs) in Japan by early 2023. The move is part of the world’s largest EV maker’s plan…

Tesla nearly doubles sales in Germany in November

teslarati.com Tesla was the fastest-growing non-domestic major automaker by sales in Germany during November, according to Germany’s KBA (DOT). The German KBA, a government agency that…

New US Floating Offshore Wind Auction Caps Run Of Bad News For Fossil Energy

cleantechnica.com If fossil energy stakeholders in the US seem a little desperate these days, that’s not an accident. Federal policymakers are getting set to introduce more than 4.5 new…

From Emissions Cheater To Climate Leader: VW’s Journey From Dieselgate To Embracing E-Mobility

forbes.com In September 2015, the US Environmental Protection Agency charged Volkswagen with installing software in their diesel-powered cars that allowed the vehicles to cheat on EPA…

Apple fully resumes Twitter advertisements: Elon Musk

teslarati.com Tesla CEO and new Twitter owner Elon Musk shared a number of optimistic updates about the social media company’s advertisers recently. Musk noted that Apple Inc. has now…

Volkswagen resumes production at China plants By Reuters

investing.com BERLIN (Reuters) - Volkswagen (ETR:VOWG_p) and FAW's (SASACJ.UL) plant in Chengdu, China has resumed production after a brief halt and two lines which were suspended at the…

Tesla sold 100,291 China-made vehicles in Nov -Xinhua By Reuters

investing.com SHANGHAI (Reuters) - Tesla (NASDAQ:TSLA) Inc delivered 100,291 China-made electric vehicles (EVs) in November, the highest monthly sales since its Shanghai factory opened in…

Volkswagen to discuss new software roadmap on Dec. 15 -Handelsblatt By Reuters

investing.com BERLIN (Reuters) - Volkswagen (ETR:VOWG_p) Chief Executive Oliver Blume will present a long-delayed new software strategy for the carmaker at a supervisory board meeting on…

Tesla Sees Record 100,000 EV Sales in China in November

asiafinancial.com Tesla enjoyed its highest ever monthly sales in November since its factory opened two years ago, according to a report by Xinhua on Monday. The company delivered 100,291 of…

Tesla's Chinese Rivals Set New Records

thestreet.com Tesla's competition in the electric vehicle market has been heating up over the past two years as more EV manufacturers ramp up production and deliveries. Elon Musk's…

Volkswagen to discuss new software roadmap on Dec. 15 -Handelsblatt

reuters.com BERLIN, Dec 5 (Reuters) - Volkswagen (VOWG_p.DE) Chief Executive Oliver Blume will present a long-delayed new software strategy for the carmaker at a supervisory board…

War and Sanctions Threaten to Thrust Russia’s Economy Back in Time

nytimes.com KALUGA, Russia— Valery Volodin, a welder at a sprawling Volkswagen plant in western Russia, relaxed for most of the summer at his dacha, or weekend house, planting his…

China's BYD to start selling EVs in Japan by early 2023 By Reuters

investing.com By Satoshi Sugiyama TOKYO (Reuters) - BYD Co (OTC:BYDDF)'s Japanese division said on Monday it would start selling its first battery electric vehicles (BEVs) in the country…

NIO And XPeng: Don't Choose The One Getting Squeezed Out

seekingalpha.com Summary - The competition in China's EV market has intensified in 2022. Leading player BYD has performed very well. EV upstart such as NIO has ways to go but also performed…

EU chief says bloc has to address 'distortions' created by Biden environmental policies

foxbusiness.com European Union chief Ursula von der Leyen on Sunday warned that Europe must address distortions in the marketplace created by President Joe Biden’s Inflation Reduction Act…

Redwood Materials approved for over $100m in tax incentives

teslarati.com Redwood Materials was approved for $105.6 million in tax incentives by the Nevada Governor’s Office of Economic Development. The battery recycling company, founded by former…

Tesla Gets Trolled as Coca-Cola Takes Delivery of Its Renault Electric Delivery Trucks

gizmochina.com Soft drinks giant Coca-Cola has unveiled its battery-powered Renault trucks ahead of Pepsi’s release of the Tesla Semi. Pepsi is scheduled to begin its delivery operations…

Norway BEVs Hit Record Volume in November

cleantechnica.com Plugin electric vehicles took 89.3% share of the auto market in Norway in November, down from 91.2% year on year. Full electrics (BEVs), however, grew their share YoY, from…

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