This photograph shows a general view of Nexperia headquarters in Nijmegen on November 6, 2025. John Thys | Afp | Getty Images The Dutch government on Wednesday said it suspended its intervention at Chinese-owned chipmaker Nexperia, following constructive talks with Chinese authorities. “We see this as a show of goodwill,” Dutch Economy Minister Vincent Karremans… Continue reading Dutch halt state intervention at Chinese-owned chipmaker Nexperia, paving way for exports to resume
Author: CNBC Online news
Tesla obtains permit to operate ride-hail service in Arizona
A Tesla Inc. robotaxi on Oltorf Street in Austin, Texas, on June 22, 2025. Tim Goessman | Bloomberg | Getty Images Tesla has obtained a permit to operate a ride-hailing service in Arizona, the state’s department of transportation said. The electric vehicle company applied for a “transportation network company” permit on Nov. 13, and was… Continue reading Tesla obtains permit to operate ride-hail service in Arizona
Jeep reveals Wrangler-inspired Recon EV, starting at $65,000
2026 Jeep Recon EV Jeep LOS ANGELES — Jeep’s new Recon all-electric SUV will start at $65,000, the American SUV brand announced Tuesday when it officially revealed the vehicle. The 2026 Jeep Recon has been years in the making, as the idea of an electric vehicle inspired by the brand’s iconic off-road Wrangler SUV was… Continue reading Jeep reveals Wrangler-inspired Recon EV, starting at $65,000
Why superior speed isn’t selling EVs
Electric vehicles have quicker acceleration than gas cars, and the fastest ones can now reach the highest top speeds in the world. That helped make Tesla one of the strongest brands in the automotive world, and prove EVs were more than golf carts. But sales data and insiders — and even fans — say it… Continue reading Why superior speed isn’t selling EVs
Toyota to invest $912 million in U.S. plants to increase hybrid vehicle production
2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC Toyota Motor on Tuesday announced plans to invest $912 million in U.S. manufacturing plants in five Southern states as part of a previously announced plan for the company to invest up to $10 billion domestically by 2030. The investments announced Tuesday are broadly… Continue reading Toyota to invest $912 million in U.S. plants to increase hybrid vehicle production
Ford partners with Amazon for dealers to sell used vehicles online
A Ford logo on a Ford F-150 pickup truck for sale in Encinitas, California, U.S. Oct. 20, 2025. Mike Blake | Reuters DETROIT — Ford Motor is partnering with Amazon to let the automaker’s franchised dealers sell certified preowned vehicles through the online retail giant. The new program will allow customers to secure financing, start… Continue reading Ford partners with Amazon for dealers to sell used vehicles online
Jeep eyes U.S. comeback following yearslong sales troubles
2025 Jeep Cherokee SUV Stellantis AUBURN HILLS, Mich. — Jeep is betting Americans still love a good comeback story. It’s a mantra that’s reverberating through the quintessential SUV brand — from its CEO to a marketing campaign with LL Cool J — following yearslong sales and market share declines that have taken a toll on… Continue reading Jeep eyes U.S. comeback following yearslong sales troubles
Inside Ford’s new world headquarters: Scratch kitchens, rotisserie chickens and design secrets
The exterior of the main entrance of Ford Motor’s new world headquarters in Dearborn, Michigan. Ford DEARBORN, Mich. — Ford Motor is swapping its 1950s “Glass House” headquarters for a new, modern industrial facility to promote collaboration and better appease thousands of employees who have returned to offices in recent years after remote working. The… Continue reading Inside Ford’s new world headquarters: Scratch kitchens, rotisserie chickens and design secrets
Despite Coinbase departure, only 28 companies have left Delaware this year
CEO of cryptocurrency platform Coinbase Brian Armstrong attends a reception at Buckingham Palace, in central London, on November 27, 2023 to mark the conclusion of the Global Investment Summit (GIS). (Photo by Daniel LEAL / POOL / AFP) (Photo by DANIEL LEAL/POOL/AFP via Getty Images) Daniel Leal | Afp | Getty Images Elon Musk has… Continue reading Despite Coinbase departure, only 28 companies have left Delaware this year
Tesla recalls 10,500 Powerwall 2 battery systems due to overheating, fire risk
Tesla’s Powerwall 2 Source: Tesla Tesla is recalling around 10,500 units of its Powerwall 2, a backup battery for residential use, according to a U.S. Consumer Product Safety Commission disclosure out Thursday. “The lithium-ion battery cells in certain Powerwall 2 systems can cause the unit to stop functioning during normal use, which can result in… Continue reading Tesla recalls 10,500 Powerwall 2 battery systems due to overheating, fire risk