Industry
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Tesla CEO Elon Musk announced plans via Twitter on Saturday to “immediately” move the company's headquarters and future programs to Texas or Nevada or a combination of the two. Tesla's headquarters are currently located in California, where the company's sole vehicle plant in the United States also sits. Musk said in his tweet that the future of the vehicle plant, located in Fremont, would depend on how Tesla is treated by California in the future. Frankly, this is the final straw. Tesla will now move its HQ and future programs to Texas/Nevada immediately. If we even retain...
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Nio thrown a lifeline by Chinese state-owned entitiesChinese EV startup Nio is bleeding cash but has just been thrown a $1 billion lifeline.
Viknesh Vijayenthiran -
Ford pushes back launch of first self-driving service to 2022
Ford announced Tuesday during its first quarter financial results presentation that the launch of its first service involving self-driving cars will be pushed back from 2021 to 2022. The automaker blamed the Covid-19 coronavirus pandemic, and specifically mentioned how the pandemic is shifting...
Viknesh Vijayenthiran -
Luc Donckerwolke steps down from top design role at Hyundai, Genesis
Luc Donckerwolke has left the Hyundai group of brands after a five-year stint in the top design role.
Viknesh Vijayenthiran -
Lincoln kills plans for Rivian-based electric SUV due to coronavirus
Lincoln will no longer launch an electric SUV based on Rivian's platform, but remains committed to adding an EV to its lineup in the future.
Viknesh Vijayenthiran -
Ford Mustang is the world's best-selling coupe, again
Sales were down slightly, but the Ford Mustang was the best-selling sports coupe in the world for the fifth year in a row in 2019.
Stephen Edelstein -
Aston Martin now lists two F1 team bosses as investors.
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Self-driving car startup settles with Tesla over allegedly stolen data
Self-driving car startup Zoox has settled a lawsuit filed against it a year ago by Tesla over allegedly stolen data. In a case similar to the one between Uber and Waymo from a couple of years back, Zoox has admitted that some former Tesla employees it hired were in possession of documents...
Viknesh Vijayenthiran -
Byton M-Byte electric SUV reaches pre-production stage
The electric SUV boasts a 48-inch wraparound screen inside and up to 240 miles of range.
Viknesh Vijayenthiran -
Hyundai's design chief talks complete control, Genesis, and the look for autonomous cars
The lead designer for Hyundai Motor Group tells us how automation has shaped car design already.
Aaron Cole -
Mazzanti turns to crowdfunding for future hypercars
Mazzanti is looking to raise 300,000 euros to help fund its hypercar development through 2025.
Viknesh Vijayenthiran -
Mahindra, facing coronavirus-related sales plunge, pulls investment in SsangYong
Mahindra has pulled a $406 million investment in SsangYong due to coronavirus worries.
Viknesh Vijayenthiran -
Another major auto show won't run as scheduled due to the coronavirus outbreak.
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Volvo to bring self-driving car development in-house
Volvo will look to accelerate self-driving car development by moving the research in-house.
Viknesh Vijayenthiran -
GM to build EVs for Honda backed by BEV3 platform, Ultium batteries
Honda is set to launch a pair of EVs based on the same platform underpinning the upcoming GMC Hummer EV.
Viknesh Vijayenthiran -
GM will reportedly delay some model updates due to coronavirus
Updates to the Chevrolet Camaro and a new Corvette variant are among the models reportedly delayed at General Motors due to the coronavirus.
Viknesh Vijayenthiran -
Aston Martin completes deal with Stroll, confirms F1 entry
Aston Martin will be able to survive the next 12 months thanks to a $660 million capital raise that includes an injection of funds from Canadian billionaire Lawrence Stroll.
Viknesh Vijayenthiran -
2020 Detroit auto show canceled, site to be used as coronavirus field hospital
After organizers moved the date of the Detroit auto show to June, they've now cancelled it due to the coronavirus pandemic.
Viknesh Vijayenthiran -
After temporarily shutting plants earlier in March due to the Covid-19 coronavirus pandemic, the first automakers are starting to announce dates for their reopening. Among them were Ferrari, Fiat Chrysler Automobiles, Ford, Honda and Volkswagen, whose workers all downed tools the week starting March 16. Ferrari said Friday it plans to resume production on April 14 at its plant in Maranello, Italy, assuming it is safe to do so and that suppliers are able to deliver all necessary parts. FCA said Thursday that it also intends to resume production on Apr. 14. at its plants in the United States...
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Bugatti suspends production but not before a get-together of some of the rarest models
Bugatti recently brought together some of its rarest models, including the one-off La Voiture Noire.
Viknesh Vijayenthiran -
GM, Ford, FCA, Honda, Hyundai and Nissan suspend production at North American plants
After closing plants in Asia and Europe, automakers are now closing them across North America due to the coronavirus.
Viknesh Vijayenthiran -
Samsung makes solid-state battery breakthrough
Solid-state batteries could deliver a range approaching 500 miles, according to Korean tech giant Samsung.
Viknesh Vijayenthiran -
Powertrains with internal combustion only to drop by 50 percent at BMW from 2021
BMW Group sees a long life ahead for internal-combustion engines, only they will be augmented with electrification in the future.
Viknesh Vijayenthiran -
Ford, GM, FCA and UAW team up to protect employees from coronavirus
A joint task force has been established to help prevent the spread of coronavirus at vehicle plants in North America.
Viknesh Vijayenthiran
