A driver operates a Daimler Freightliner eCascadia all-electric semitruck during a Meijer delivery in Bath, Michigan, US, on Tuesday, Feb. 14, 2023. Emily Elconin | Bloomberg | Getty Images The Environmental Protection Agency on Friday said it’s granting California the legal authority to require that half of all heavy-duty truck sales in the state be… Continue reading California to require half of all heavy trucks sales to be electric by 2035
Category: US Motoring Press
Tesla issues recall on Semi over defective brake module, rollaway risk
Tesla Semi Courtesy: Tesla Tesla has issued a voluntary recall on the Semi, a first since the company began deliveries of the heavy-duty electric trucks to customers in December 2022. According to recall filings posted on the website of the National Highway Traffic Safety Administration, 35 Semi trucks were affected. The trucks were built with… Continue reading Tesla issues recall on Semi over defective brake module, rollaway risk
Nikola shares sink after its $100 million stock offering priced at 20% below market
Nikola Motor Company Source: Nikola Motor Company Electric heavy-truck maker Nikola said that its planned $100 million secondary stock offering, announced on Thursday after U.S. markets closed, has priced at $1.12 per share – 20% below the stock’s Thursday closing price of $1.40. Nikola’s shares closed on Friday at $1.21, down over 13%. Even with… Continue reading Nikola shares sink after its $100 million stock offering priced at 20% below market
EV tax credit rules are about to get a lot more complicated
Ben Hasty | MediaNews Group/Reading Eagle via Getty Images The Treasury Department on Friday proposed new rules for determining which EVs will be eligible for tax credits under the new “critical mineral” and battery component requirements included in last year’s Inflation Reduction Act. While the Treasury Department hasn’t yet said which vehicles are eligible for… Continue reading EV tax credit rules are about to get a lot more complicated
Xpeng expands assisted driving tech coverage to Shanghai, something Tesla doesn’t offer in China
Xpeng showroom in Beijing showing the P7 electric sedan. Vcg | Visual China Group | Getty Images SHANGHAI — Chinese electric car company Xpeng announced Friday it will be rolling out its latest assisted driving software to users in the metropolis of Shanghai, something its U.S. rival Tesla does not offer in China. Previously the… Continue reading Xpeng expands assisted driving tech coverage to Shanghai, something Tesla doesn’t offer in China
Magna planning new $100M Auburn Hills EV seating plant with 500 jobs
Magna International Inc. is planning a new plant in Auburn Hills that would supply seats for future General Motors Co. electric vehicles, the Canadian auto supplier said on Thursday. The potentially more than $100 million investment is expected to create 500 new jobs, spokeswoman Tracy Fuerst said in a statement. It would replace the former… Continue reading Magna planning new $100M Auburn Hills EV seating plant with 500 jobs
‘Under attack’: UAW leaders decry potential layoffs at Sterling Heights
Local United Auto Workers leaders representing employees at the Ram 1500 pickup assembly plant in Sterling Heights are decrying efforts by Stellantis NV that they say will cut and combine jobs and likely will result in layoffs. During an emergency meeting earlier this week, the plant’s management informed the UAW’s plant committee that it plans… Continue reading ‘Under attack’: UAW leaders decry potential layoffs at Sterling Heights
GM changes infotainment strategy for future EVs
General Motors Co. on Friday said it’s moving away from using the phone projection systems of Apple CarPlay and Android Auto. Instead, the Detroit automaker plans to use infotainment systems developed with Google on future electric vehicles. The system will be integrated with applications such as Google Maps, Google Assistant, Audible, Spotify and others. The… Continue reading GM changes infotainment strategy for future EVs
Price cuts driving surging demand for Tesla models, company shares
Tesla Inc. shares are set to mark their best-ever start to a year, buoyed by price cuts across the electric-vehicle maker’s lineup in a bid to boost sales. Investors will soon discover if all the enthusiasm was justified. The Elon Musk-led carmaker is expected to announce quarterly delivery and production figures in early April, providing… Continue reading Price cuts driving surging demand for Tesla models, company shares
Europe’s embryonic lithium mining industry digs deeper to meet demand
For 47 years, a chemicals producer in London’s commuter belt has been running a small lithium refinery that’s the only one of its kind in Europe. Now Leverton Lithium is expanding as the rush to secure supplies of the key battery metal intensifies. The pivotal role of lithium-ion batteries in the electric-vehicle revolution is driving… Continue reading Europe’s embryonic lithium mining industry digs deeper to meet demand