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
Author: CNBC Online news
Ford’s stock is up 70% since Jim Farley became CEO – but he still has a ton of work to do
Ford’s stock achieved decades-high prices of more than $25 a share under CEO Jim Farley, but it’s fallen in recent months. Go to Source
Toyota CEO doubles down on EV strategy amid criticism it’s not moving fast enough
Toyota CEO Akio Toyoda said Thursday the company will move forward with plans to offer an array of so-called electrified vehicles for the foreseeable future. Go to Source
New York expedites efforts to ban the sale of new gas cars by 2035
New York Gov. Kathy Hochul announced she is ordering state regulators to move forward on establishing a ban on gas powered cars by 2035. Go to Source
Citroen announces EV concept which uses recycled cardboard and has a top speed of 68 mph
Citroen says vehicle has a target weight of roughly 1000 kilograms, or one metric ton. Go to Source
Lordstown Motors begins production of its Endurance electric pickup truck
Lordstown said it’s on track to build about 50 of its electric Endurance pickups for customers by year-end. Go to Source
U.S., South Korea are working to ‘rectify the problems’ on EV subsidies, South Korea trade minister says
South Korean officials have established a “bilateral engagement channel” with U.S. counterparts to resolve issues stemming from the Inflation Reduction Act. Go to Source
Tesla adds Airbnb co-founder Joe Gebbia to board
Tesla adds Airbnb cofounder Joe Gebbia to board Go to Source
Ford’s fundamentals remain strong, despite CEO’s recession worries, productions snags
The Investing Club thinks Ford (F) has what it takes to navigate macroeconomic headwinds and supply disruptions. Go to Source
Ford unveils new F-Series Super Duty trucks designed to boost its commercial, software services businesses
Ford is redesigning a pivotal product lineup, leaning on new software and connected data metrics, to boost profits in its commercial vehicle business. Go to Source