A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images DETROIT – General Motors on Tuesday said it is adding Jon… Continue reading GM adds former Lyft and Tesla executive Jon McNeill as board member
Author: CNBC Online news
Rivian says it’s on pace to meet 2022 goals after production grew 67% in the third quarter
Rivian built over 7,000 electric vehicles in the third quarter, its best quarterly total yet, as it remains on track to make 25,000 in 2022. Go to Source
General Motors says sales rose 24% in the third quarter
GM said it sold 555,580 vehicles from July through September, up from 447,000 a year earlier. Go to Source
Tesla delivered 343,000 vehicles in the third quarter of 2022
In the third quarter of 2022, Tesla faced soaring commodity prices, executive turnover, and growing pains at its new factories in Germany and Texas. Go to Source
Toyota CEO Akio Toyoda talks about why he isn’t all-in on EVs — and what made him do a ‘happy dance’
Akio Toyoda said last week he would like his legacy to be “I love cars.” But how he will be remembered for all-electric vehicles is still being determined. Go to Source
Dodge tries to convert its muscle car fans from V-8 engine to EV
Dodge has built a reputation over the last decade as a maker of muscle cars and performance cars. Now it is trying to hold on to that image in an electric era. Go to Source
Elon Musk shows off humanoid robot prototype at Tesla AI Day
Tesla’s AI Day 2022 was mainly a recruiting event, according to CEO Elon Musk. Go to Source
Intel’s self-driving car division Mobileye files for IPO
The move to list Mobileye on the New York Stock Exchange is part of Intel’s broader strategy to turn around its core business. Go to Source
Tesla expected to show humanoid robot Optimus demo on Friday night at AI Day 2022
Investors are expecting a real tech demonstration of the robot, along with updates on Tesla’s self-driving technology. Go to Source
EV and self-driving stocks fell nearly 15% in September, their second-worst month on record
The Global X Autonomous and Electric Vehicles ETF ended September sharply lower as lidar makers, EV companies and auto giants all sold off amid economic fears. Go to Source