Industry
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A court decision means Rivian has lost millions in potential property tax savings for its planned Georgia plant.
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Toyota CEO: California and US EV targets "difficult to really achieve"Toyota is developing dozens of EVs but remains critical of the push to ban vehicles without a plug.
Viknesh Vijayenthiran -
New York to ban sale of gas cars by 2035, matching California
New York is making moves to ban the sale of new gas and diesel cars, SUVs, and pickups by 2035, though plug-in hybrids will still be allowed.
Viknesh Vijayenthiran -
Geely buys 7.6% stake in Aston Martin
Aston Martin has joined Mercedes-Benz and Volvo as car companies that have Geely as a major shareholder.
Viknesh Vijayenthiran -
Porsche shares start trading following IPO
Porsche shares are now trading on the Frankfurt Stock Exchange.
Viknesh Vijayenthiran -
Citroën has a new logo
Citroën's chevron logo has been revamped for the 10th time.
Viknesh Vijayenthiran -
Kittyhawk's plan to develop fully autonomous flying taxis has been grounded.
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Tesla recalls close to 1.1M vehicles due to faulty power windows
Tesla's latest recall affects every vehicle in its lineup.
Viknesh Vijayenthiran -
Bugatti hypercars get enhanced certified pre-owned program
Both Bugatti's Veyron and Chiron can now be bought as certified pre-owned cars.
Viknesh Vijayenthiran -
Stop-sale order issued for 2023 Nissan Z
Nissan has halted sales of its automatic-shift 2023 Z sports car because of a park-gear problem.
Viknesh Vijayenthiran -
VW Group thinks Porsche is worth up to $75B in IPO form
Porsche is about to go public in what's shaping up to be Europe's third-biggest IPO.
Viknesh Vijayenthiran -
VW establishes New Mobility division to oversee EV, software programs
VW is looking to accelerate EV and software development by grouping both areas under one roof.
Viknesh Vijayenthiran -
While Ford will stick with franchised dealerships instead of a Tesla-like direct sales model, dealers that opt into the Model E business will also have to agree to non-negotiable pricing.
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Contract manufacturer Magna Steyr plans US EV plant
Magna Steyr wants a U.S. plant and is already on the hunt for locations.
Viknesh Vijayenthiran -
Cruise robotaxi service to expand to Austin, Phoenix in 2022
Cruise's robotaxi service will soon be operating in 3 U.S. cities.
Viknesh Vijayenthiran -
Rugged Ineos Grenadier SUV coming to US in 2023
British firm Ineos' Grenadier off-roader could reach the U.S. as early as 2023.
Viknesh Vijayenthiran -
Piech hires former bosses of Aston Martin, Genesis for electric sports car project
Swiss EV startup Piech adds Tobias Moers and Manfred Fitzgerald to its leadership team.
Viknesh Vijayenthiran -
Mullen acquires Bollinger, will resurrect B1 and B2 off-roaders
An EV startup without a vehicle on sale has acquired another EV startup that's also yet to bring a vehicle to market.
Viknesh Vijayenthiran -
Porsche won't enter F1 with Red Bull Racing, but its interest in the series isn't over yet.
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Mercedes-Benz and Rivian to partner on European electric van factory
A joint venture between Mercedes-Benz and Rivian will give Rivian its first manufacturing site in Europe.
Stephen Edelstein -
VW Group gives green light for Porsche IPO in 2022
Porsche's IPO is expected to value the company at up to $85 billion.
Viknesh Vijayenthiran -
GM willing to buy out US Buick dealers
All of Buick's roughly 2,000 dealers will be offered a buyout if they don't want to switch to EV sales.
Stephen Edelstein -
Toyota commits additional $2.5B for new US battery plant
Toyota is set to invest a total of $3.8 billion in a new North Carolina battery plant.
Viknesh Vijayenthiran -
BMW starts production of fuel cells for hydrogen-electric X5
The fuel cells will power an iX5 Hydrogen SUV due later in 2022.
Viknesh Vijayenthiran
