Self-driving truck startup Waabi’s billion-dollar fundraise isn’t just about trucks. The deal, for $750 million up front plus another $250 million from Uber tied to deployment milestones, marks a major expansion into robotaxis for the company founded by former Uber AI chief Raquel Urtasun. It also feels like another chip from Uber on the autonomous vehicle roulette table. With more… Continue reading Uber puts another chip on the self-driving roulette table
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Toyota partner breaks ground on solid electrolyes plant for all-solid-state EV batteries
Japanese oil giant Idemitsu Kosan broke ground on a large-scale solid electrolyte pilot plant in collaboration with Toyota on Thursday. The electrolytes made at the facility will be used in all-solid-state batteries for EVs developed by Toyota. Toyota and Idemitsu advance all-solid-state EV batteries Idemitsu announced it had made a final investment decision and begun… Continue reading Toyota partner breaks ground on solid electrolyes plant for all-solid-state EV batteries
Tesla announces launch in Morocco
Tesla is officially expanding into Morocco, marking another step in the automaker’s push into African markets. The company will host a launch event on February 6 in Casablanca, introducing the Model 3 and Model Y to the North African nation. The launch According to Tesla’s newly created Morocco website, the company will hold its official… Continue reading Tesla announces launch in Morocco
Ford to record $600 million pretax pension charge in fourth quarter
A 2025 Ford Lightning electric vehicle (EV) at a Ford dealership in Antioch, California, US, on Thursday, Dec. 18, 2025. David Paul Morris | Bloomberg | Getty Images DETROIT — Ford Motor said it will report pretax charges of $600 million in its fourth-quarter results due to adjustments in its employee pension plans and other… Continue reading Ford to record $600 million pretax pension charge in fourth quarter
New cars are increasingly becoming a luxury amid K-shaped economy concerns
A General Motors Co. Chevrolet Blazer electric vehicle at a dealership in Colma, California, Jan. 23, 2026. David Paul Morris | Bloomberg | Getty Images DETROIT — American consumers are hitting a fork in the road when it comes to the U.S. automotive industry. Affluent buyers are purchasing new vehicles at increasingly higher prices, while… Continue reading New cars are increasingly becoming a luxury amid K-shaped economy concerns
Elon Musk’s $20 billion spending plan signals ‘Tesla of yesterday is gone’
watch now At Tesla’s factory in Fremont, California, the automaker plans to make robots instead of its older cars, as it gears up to spend $20 billion this year to fund what it views as a business transformation. “Forget the Tesla you knew,” wrote analysts at Canaccord Genuity, in a note following Tesla’s fourth-quarter earnings… Continue reading Elon Musk’s $20 billion spending plan signals ‘Tesla of yesterday is gone’
Lemonade turns self-driving cars from threat to opportunity
Premium Digital Complete coverage $75 per month Complete digital access with exclusive insights and industry deep dives on any device. Global news & analysis Expert opinion FT App on Android & iOS FT Edit: Access on iOS and web FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT FT… Continue reading Lemonade turns self-driving cars from threat to opportunity
German FAZ: Stammtischkollaps010501
As a journalist, in general and perhaps especially in this department, you can’t write or do anything without someone writing to you. Sometimes pointing out, sometimes admonishing, sometimes scolding, sometimes praising. So Mercedes-Benz CLA. The electric car has just been named Car of the Year. Unfortunately it suffers from one or two recalls. Not a… Continue reading German FAZ: Stammtischkollaps010501
German FAZ: VW alone at home010501
The VW Golf is once again the best-selling car of the year in Germany. Despite a noticeable decline, the Wolfsburg compact car will not be dethroned in 2025 either. The SUV T-Roc, which competes in the same category, takes second place, and the medium-sized SUV Tiguan takes third place. Volkswagen therefore has the podium for… Continue reading German FAZ: VW alone at home010501
German Manager Magazine: Susanne Klatten: Richest woman in Germany sells Nordex shares004682
The of BMW-Major shareholder Susanne Klatten (63) founded investment company Skion is selling its remaining shares in the Hamburger for 225 million euros Wind turbine manufacturer Nordex. According to the bank in charge, Skion threw seven million Nordex shares onto the market on Thursday. This corresponds to 2.96 percent of the share capital. The bank… Continue reading German Manager Magazine: Susanne Klatten: Richest woman in Germany sells Nordex shares004682