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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

Published October 3, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Manufacturing, Production/Sales News

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

Published October 3, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged GM, Production/Sales News

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

Published October 2, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Tesla

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

Published October 2, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Toyota

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

Published October 1, 2022
Categorized as Automotive, News Site, US Motoring Press

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

Published October 1, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Tesla

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

Published September 30, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged M and A, Strategy, Tier 1 Suppliers

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

Published September 30, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Tesla

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

Published September 30, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Autonomous, Electric vehicles, Mobility

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

Published September 30, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Ford

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