The Hyundai Crater concept SUV was revealed at the LA Auto Show on Thursday, Nov. 20, 2025. Michael Wayland / CNBC LOS ANGELES — Hyundai Motor has ambitions to increase the rugged, off-road capabilities of its vehicles in the U.S., based on a new “Crater” concept SUV revealed Thursday. The rugged compact vehicle mixes Hyundai… Continue reading Hyundai showcases off-road ambitions with new rugged concept SUV
Author: CNBC Online news
‘Robotaxi has reached a tipping point’: Baidu, Nvidia leaders see momentum as competition rises
Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese robotaxi companies are expanding abroad at a faster clip than U.S. rivals Waymo and Tesla — at a time when industry leaders say autonomous driving is finally near an inflection point. “I… Continue reading ‘Robotaxi has reached a tipping point’: Baidu, Nvidia leaders see momentum as competition rises
Porsche reveals all-electric Cayenne SUV, ‘most powerful’ production vehicle ever made by sports car company
The 2026 Porsche Cayenne Electric SUV Porsche Porsche on Wednesday revealed an all-electric version of its Cayenne SUV, calling it the “most powerful” production vehicle ever made by the German sports car manufacturer. The 2026 Cayenne EV is capable of 1,139 horsepower, 0-60 mph in 2.4 seconds and up to 1,106 foot-pounds of torque, according… Continue reading Porsche reveals all-electric Cayenne SUV, ‘most powerful’ production vehicle ever made by sports car company
Dutch halt state intervention at Chinese-owned chipmaker Nexperia, paving way for exports to resume
This photograph shows a general view of Nexperia headquarters in Nijmegen on November 6, 2025. John Thys | Afp | Getty Images The Dutch government on Wednesday said it suspended its intervention at Chinese-owned chipmaker Nexperia, following constructive talks with Chinese authorities. “We see this as a show of goodwill,” Dutch Economy Minister Vincent Karremans… Continue reading Dutch halt state intervention at Chinese-owned chipmaker Nexperia, paving way for exports to resume
Tesla obtains permit to operate ride-hail service in Arizona
A Tesla Inc. robotaxi on Oltorf Street in Austin, Texas, on June 22, 2025. Tim Goessman | Bloomberg | Getty Images Tesla has obtained a permit to operate a ride-hailing service in Arizona, the state’s department of transportation said. The electric vehicle company applied for a “transportation network company” permit on Nov. 13, and was… Continue reading Tesla obtains permit to operate ride-hail service in Arizona
Jeep reveals Wrangler-inspired Recon EV, starting at $65,000
2026 Jeep Recon EV Jeep LOS ANGELES — Jeep’s new Recon all-electric SUV will start at $65,000, the American SUV brand announced Tuesday when it officially revealed the vehicle. The 2026 Jeep Recon has been years in the making, as the idea of an electric vehicle inspired by the brand’s iconic off-road Wrangler SUV was… Continue reading Jeep reveals Wrangler-inspired Recon EV, starting at $65,000
Why superior speed isn’t selling EVs
Electric vehicles have quicker acceleration than gas cars, and the fastest ones can now reach the highest top speeds in the world. That helped make Tesla one of the strongest brands in the automotive world, and prove EVs were more than golf carts. But sales data and insiders — and even fans — say it… Continue reading Why superior speed isn’t selling EVs
Toyota to invest $912 million in U.S. plants to increase hybrid vehicle production
2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC Toyota Motor on Tuesday announced plans to invest $912 million in U.S. manufacturing plants in five Southern states as part of a previously announced plan for the company to invest up to $10 billion domestically by 2030. The investments announced Tuesday are broadly… Continue reading Toyota to invest $912 million in U.S. plants to increase hybrid vehicle production
Ford partners with Amazon for dealers to sell used vehicles online
A Ford logo on a Ford F-150 pickup truck for sale in Encinitas, California, U.S. Oct. 20, 2025. Mike Blake | Reuters DETROIT — Ford Motor is partnering with Amazon to let the automaker’s franchised dealers sell certified preowned vehicles through the online retail giant. The new program will allow customers to secure financing, start… Continue reading Ford partners with Amazon for dealers to sell used vehicles online
Jeep eyes U.S. comeback following yearslong sales troubles
2025 Jeep Cherokee SUV Stellantis AUBURN HILLS, Mich. — Jeep is betting Americans still love a good comeback story. It’s a mantra that’s reverberating through the quintessential SUV brand — from its CEO to a marketing campaign with LL Cool J — following yearslong sales and market share declines that have taken a toll on… Continue reading Jeep eyes U.S. comeback following yearslong sales troubles