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
Author: CNBC Online 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
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
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
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
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
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
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
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
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