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Author: CNBC Online news

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

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

Published September 29, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Strategy, Toyota

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

Published September 29, 2022
Categorized as Automotive, News Site, US Motoring Press

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

Published September 29, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged PSA

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