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
Author: CNBC Online news
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
GM delays return-to-office mandate after employee backlash
The company on Friday said corporate workers would be required to return to physical locations at least three days a week, beginning later this year. Go to Source
All 50 states get green light to build EV charging stations covering 75,000 miles of highways
States are approved to build a network of EV charging stations along designated alternative fuel corridors on the national highway system. Go to Source