The Recon – a “brother” to the Wrangler – and the electric Grand Wagoneer are expected to go into production and arrive in U.S. showrooms in 2024, Jeep said. Go to Source
Author: CNBC Online news
Nio says Nvidia chip restrictions won’t hurt them
Chinese electric car maker Nio joined others in the industry in saying that U.S. restrictions on Nvidia chip sales to China wouldn’t affect business. Go to Source
EV startup Harbinger, founded by Canoo and QuantumScape veterans, aims to shake up medium-duty truck market
Harbinger is aiming to electrify medium-duty trucks with two chassis coming late next year. Go to Source
Nio reports wider second-quarter loss despite increase in EV shipments
Nio’s second-quarter loss widened, but the company expects higher production and deliveries in the third quarter. Go to Source
As Elon Musk backs fossil fuels, one strategist sends a warning over EV sales
Saxo Bank’s Peter Garnry made his comments during an interview with “Street Signs Europe.” Go to Source
Huawei launches first smartphone to connect to China’s rival to GPS
Huawei launched the flagship Mate 50 in China without 5G internet connectivity after U.S. sanctions cut off the Chinese tech company from key components. Go to Source
How electric vehicle manufacturing could shrink the Midwestern job market
Electric vehicles may require less manufacturing labor than conventional gasoline engine cars, and that could shrink the domestic parts supplier trade. Go to Source
GM offers to buy out Buick dealers that don’t want to invest in EVs
The buyout offers are the latest efforts by GM to accelerate the company’s electric vehicle plans and transform its sales network. Go to Source
Ford’s new vehicle sales slow in August, in line with expectations
Ford Motor on Friday said its U.S. sales last month increased double-digits from a year earlier but were off about 4% from the prior month. Go to Source
China’s electric car firms, which rely heavily on Nvidia, are safe from the U.S. chip ban — for now
U.S. restrictions on Nvidia chip sales to China won’t affect Chinese electric car companies. Go to Source