Category: US Motoring Press

Tesla just notched its best week in a decade, as stock soars 33%

Elon Musk, chief executive officer of Tesla Inc., departs court in San Francisco, California, on Tuesday, Jan. 24, 2023. Marlena Sloss | Bloomberg | Getty Images Tesla shares surged 33% this week, marking their best weekly performance since May 2013 and second best on record. The stock rose 11% on Friday to close at $177.88.… Continue reading Tesla just notched its best week in a decade, as stock soars 33%

Musk faces SEC probe for role in Tesla self-driving claims

 U.S. regulators are investigating Elon Musk’s role in shaping Tesla Inc.’s self-driving car claims, the latest effort by watchdogs to scrutinize the actions of the world’s second-richest person. The review is part of an ongoing Securities and Exchange Commission probe of the company’s statements about its Autopilot driver-assistance system, according to a person with knowledge… Continue reading Musk faces SEC probe for role in Tesla self-driving claims

Musk meets Biden officials to discuss boosting EV production

Tesla Inc. CEO Elon Musk met with Biden administration officials to discuss ways to advance electric vehicle production, according to the White House. John Podesta, a senior adviser to President Joe Biden on clean energy innovation and implementation, and Mitch Landrieu, a senior adviser and coordinator on infrastructure, met with Musk at the Washington office… Continue reading Musk meets Biden officials to discuss boosting EV production

‘Vettes-to-go: Chevy unsheathes Z06 GT3.R for customer racing teams

This content is only available to subscribers. Get unlimited digital access. $1 for 3 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 ‘Vettes-to-go: Chevy unsheathes Z06 GT3.R for customer racing teams

Here come the little electric pickup trucks

This content is only available to subscribers. Get unlimited digital access. $1 for 3 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 Here come the little electric pickup trucks

Nevada approves Mercedes’ Level 3 Drive Pilot system

The US state of Nevada has approved Mercedes-Benz’s level-three automated driving system for use on public roads under certain driving conditions. Named Drive Pilot, it will be equipped in Mercedes-Benz S-Class and Mercedes-Benz EQS cars produced for the US market from the 2024 model year, with the first examples featuring the technology slated for delivery in the second… Continue reading Nevada approves Mercedes’ Level 3 Drive Pilot system

Britishvolt administrator considers five bids for battery firm

Britishvolt administrator EY has shortlisted five potential buyers for the collapsed EV battery start-up, as the deadline to sell it – including its intellectual property and staff – nears. If a deal isn’t struck over the next five days, the planned factory site in Blyth, Northumberland, will be sold without the IP and employees. Among the five… Continue reading Britishvolt administrator considers five bids for battery firm

Battery-electric Suzuki Jimny confirmed for Europe

The Suzuki Jimny will receive an electric variant in the coming years as one of five new EVs the Japanese manufacturer will launch in Europe by 2030. As part of an ambitious growth strategy detailed by Suzuki, which includes a £3 billion investment in battery development, the firm will introduce five new electric cars from 2024… Continue reading Battery-electric Suzuki Jimny confirmed for Europe

New data highlights mainstream fleet role for EVs

Electric company cars now cover the same annual mileage as their petrol or diesel counterparts while delivering lower fuel costs and CO2 emissions, new real-world data gathered from fleet operators has demonstrated.  Longer ranges, faster charging and a wider choice of products, supported by renewed company car tax incentives, have significantly broadened the potential use… Continue reading New data highlights mainstream fleet role for EVs