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Author: CNBC Online news

Chinese electric car company Nio hikes prices, suspends production

Chinese electric car company Nio said over the weekend it is raising prices and suspending production as the latest Covid wave added to supply chain challenges. Go to Source

Published April 11, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Manufacturing, Production/Sales News

Video shows what happens when a driverless car gets pulled over

A recent video shows a driverless Cruise car getting pulled over in San Francisco by police who found the vehicle didn’t have a driver. Go to Source

Published April 10, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Autonomous, Mobility

Jeep says its new electric Wrangler SUV concept goes 0-60 mph in 2 seconds

Jeep is a key part of growth and electrification plans for Stellantis, the parent company formed last year through the merger of Fiat Chrysler and Groupe PSA. Go to Source

Published April 8, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged FCA, M and A, PSA

Aurora and Werner Enterprises are testing self-driving tractor-trailers on a lonely Texas highway

Aurora and Werner are pilot-testing self-driving trucks on a 600 mile stretch of Texas highway. Go to Source

Published April 6, 2022
Categorized as Automotive, News Site, US Motoring Press

Chinese EV maker Nio delivers its first ET7 electric sedans

The ET7 is one of three new Nio models expected in 2022. Go to Source

Published March 28, 2022
Categorized as Automotive, News Site, US Motoring Press

The Tesla Roadster is an endangered species — meet the community keeping it alive

The Roadster was Tesla’s first car. And with only 2,450 made and an estimated 1,500 left, it’s an endangered species. A group of fans is keeping it alive. Go to Source

Published March 27, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Tesla

GM to halt pickup truck production in Indiana due to chip shortage

GM will idle the plant, which produces Silverado and GMC Sierra pickups, the weeks of April 4 and April 11, the company said Friday. Go to Source

Published March 25, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged GM, Manufacturing, Production/Sales News

China’s EV makers could see a ‘shake down’ as they hike prices on rising material costs

Tesla and BYD are better positioned to weather rising prices due to their strong supply chains, analysts said, while low-cost players could struggle. Go to Source

Published March 25, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Tesla

Nio’s outlook will be in the spotlight when the Chinese EV maker reports earnings Thursday

China-based electric-vehicle maker Nio reports fourth-quarter earnings and 2022 guidance after U.S. markets close on Thursday. Go to Source

Published March 24, 2022
Categorized as Automotive, News Site, US Motoring Press

GM to buy SoftBank’s stake in Cruise self-driving unit for $2.1 billion

GM is acquiring SoftBank Vision Fund 1’s equity ownership stake in its majority-owned Cruise autonomous vehicle unit for $2.1 billion. Go to Source

Published March 18, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Autonomous, GM, M and A, Mobility

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