Category: US Motoring Press

How a Quebec Lithium Mine May Help Make Electric Cars Affordable

Mining is a pillar of the Quebec economy, and the area around La Corne is populated with people whose livelihoods depend on extraction of iron, nickel, copper, zinc and other metals. There is an active gold mine near the largest city in the area, Val-d’Or, or Valley of Gold. Mining “is our life,” said Sébastien… Continue reading How a Quebec Lithium Mine May Help Make Electric Cars Affordable

Volkswagen Sets Price Range for Porsche’s Blockbuster I.P.O.

Volkswagen said late Sunday that it planned to sell shares in Porsche, the luxury sports car brand it owns, at a valuation of up to $75 billion, setting the stage for one of the biggest stock market debuts of the year. At that level, Porsche — maker of the 911 sports car and the Taycan… Continue reading Volkswagen Sets Price Range for Porsche’s Blockbuster I.P.O.

As Driverless Cars Falter, Are ‘Driver Assistance’ Systems in Closer Reach?

A top “Good” rating will require a driver monitoring system that checks both a driver’s gaze and hand position. A driver with a coffee in one hand and an iPhone in the other won’t be prepared to retake the wheel. Other criteria include escalating visual, audible or haptic alerts to get a driver’s attention, and… Continue reading As Driverless Cars Falter, Are ‘Driver Assistance’ Systems in Closer Reach?

At Detroit Auto Show, Biden Announces Money for Charging Stations

DETROIT — President Biden, a self-described “car guy” and Corvette owner, toured the North American International Auto Show in Detroit on Wednesday and announced the approval of an initial $900 million investment to begin building electric vehicle charging stations across the federal highway system. The president’s announcement marked the beginning of a multiyear initiative funded… Continue reading At Detroit Auto Show, Biden Announces Money for Charging Stations

Stellantis promotes opportunities for minority-owned businesses in EV shift

Detroit — The chief operating officer in North America of the maker of Jeep SUVs and Ram trucks on Monday emphasized the opportunities for minority-owned businesses to be a part of the company’s transformation toward electrification. Stellantis NV’s Mark Stewart said during the Rainbow PUSH Global Automotive Summit that the automaker is in the midst… Continue reading Stellantis promotes opportunities for minority-owned businesses in EV shift

Toyota to unveil new Prius as hybrids lose luster to battery EVs

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Toyota to unveil new Prius as hybrids lose luster to battery EVs

Elon Musk pay package at Tesla challenged in court

Wilmington, Del. — Testimony began Monday in a Delaware courtroom where Tesla shareholders are challenging a compensation plan for CEO Elon Musk potentially worth more than $55 billion. The lawsuit alleges that the performance-based stock option grant was negotiated by a compensation committee and approved in 2018 by Tesla board members who had conflicts of… Continue reading Elon Musk pay package at Tesla challenged in court

GM’s electric vehicle lineup will be profitable in 2025, Barra will tell investors

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading GM’s electric vehicle lineup will be profitable in 2025, Barra will tell investors

High auto plant absenteeism threatens Michigan investment opportunities

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading High auto plant absenteeism threatens Michigan investment opportunities