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I wish I had more to offer

Nothing here but dreams

Author: CNBC Online news

Most factories in Shanghai resume work as Covid controls ease, ministry says

Factories in two of economic hubs have mostly resumed work as the impact of Covid subsides, said China’s Ministry of Industry and Information Technology. Go to Source

Published June 14, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Production/Sales News

BYD is selling so many electric cars it’s become one of the top three automakers in China

BYD’s growing sales for various models have helped the company climb into the ranks of the top three brands in China by passenger car sales so far this year. Go to Source

Published June 14, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Production/Sales News

GM’s stock closes below IPO price for first time since October 2020

GM’s stock closing below the $33 a share IPO price from November 2010 occurred hours after the company’s annual shareholder meeting. Go to Source

Published June 13, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged GM, M and A

CEOs of GM, Ford and other automakers urge Congress to lift electric vehicle tax credit cap

The executives say the tax credit is critical to keep the vehicles affordable as production and commodity costs rise. Go to Source

Published June 13, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Ford, GM, Manufacturing, Production/Sales News

EV start-up Electric Last Mile Solutions plans to declare bankruptcy a year after going public

The Michigan-based start-up will move to liquidate less than a year after it went public. Go to Source

Published June 13, 2022
Categorized as Automotive, News Site, US Motoring Press

Tesla fires Singapore country manager after Elon Musk warns of job cuts

Tesla CEO Elon Musk recently told employees about plans to reduce salaried head count by 10%. Go to Source

Published June 13, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, People, Tesla

Chinese automakers want to bring assisted driving to the masses

As Chinese companies race for a slice of the world’s largest car market, they’re betting heavily on assisted driving technology. Go to Source

Published June 13, 2022
Categorized as Automotive, News Site, US Motoring Press

QuantumScape promised a revolutionary EV battery. Here’s why investors are still waiting

A run in QuantumScape’s stock at the end of 2020 gave the solid-state battery maker a $54 billion valuation. But the hype appears to have all but dried up. Go to Source

Published June 11, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles

Tesla files for 3-for-1 stock split

Tesla plans a 3-for-1 stock split, and Elon Musk now holds 23.5% of shares. Go to Source

Published June 10, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Tesla

It’s not Apple or Tesla, but Inrix has data from 500 million vehicles taking transportation into the future

Inrix is a transportation software company working on a world of autonomous vehicles and zero accidents, zero fatalities and carbon neutrality. Go to Source

Published June 9, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Apple, Autonomous, Electric vehicles, Mobility, Tesla

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