Tesla suppliers’ shares jump as electric automaker cuts prices for some models in China

Hong Kong, China, 13 Sept 2022, A red Tesla car passes in front of a Tesla dealership in Wanchai. (Photo by Marc Fernandes/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Tesla’s Chinese suppliers jumped after the electric automaker slashed prices for some models in China. In a Weibo post, the company said its… Continue reading Tesla suppliers’ shares jump as electric automaker cuts prices for some models in China

Andretti joins forces with General Motors for Cadillac Formula 1 entry bid

Michael Andretti, team owner of Walkinshaw Andretti United, looks on during qualifying for Supercars Adelaide 500 on March 2, 2018 in Adelaide, Australia. Daniel Kalisz | Getty Images Sport | Getty Images Andretti have teamed up with General Motors in a bid to enter Formula 1 which, if successful, would also see the famous Cadillac… Continue reading Andretti joins forces with General Motors for Cadillac Formula 1 entry bid

Ram previews new electric pickup to rival Ford, Rivian and others

Ram 1500 Revolution BEV electric concept truck Stellantis Ram Truck previewed its upcoming electric pickup Thursday at the CES technology show, as the automaker plans its entrance into the emerging segment next year to compete with Detroit rivals as well as Rivian and, potentially, Tesla. The Stellantis truck brand revealed the Ram 1500 Revolution BEV… Continue reading Ram previews new electric pickup to rival Ford, Rivian and others

If economy slows, Stellantis’ Belvidere plant, others could be at risk

The CEO of the maker of Jeep SUVs said if the economy and consumer demand worsen, that could be bad news for its Cherokee plant in Belvidere, Illinois, and perhaps other manufacturing facilities. Stellantis NV last month announced it was idling indefinitely the Belvidere Assembly Plant, which makes the Jeep Cherokee, at the end of… Continue reading If economy slows, Stellantis’ Belvidere plant, others could be at risk

Car financing newcomers are ready to seize on Biden’s EV boom

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 Car financing newcomers are ready to seize on Biden’s EV boom

Tesla’s demand troubles are an ominous start to the year

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 Tesla’s demand troubles are an ominous start to the year

U.S. in F1: GM and Andretti team up to go Formula One racing

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 U.S. in F1: GM and Andretti team up to go Formula One racing

New federal grants seek tech to protect pedestrians. Is the industry ready?

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 New federal grants seek tech to protect pedestrians. Is the industry ready?

Sony and Honda plot full line-up with SUV and second saloon

An SUV and even an MPV are candidates to follow the Afeela saloon as Sony and Honda flesh out the line-up of their new EV brand, the brand’s CEO has said. “We’re thinking about the second and third models. We need a line-up. Not only one unit, finish,” said Yasuhide Mizuno, chairman and CEO of Sony… Continue reading Sony and Honda plot full line-up with SUV and second saloon

Estrema Fulminea is 2040bhp hyper-EV with solid-state battery

Italian firm Automobili Estrema has fully revealed the Fulminea, an all-electric hypercar with a power output of 1.5 megawatts, equal to 2040bhp. The brand says it will be the first car in the world to have a hybrid battery pack using both solid-state cells and ultra-capacitors, which will power four electric motors. A 0-62mph time of… Continue reading Estrema Fulminea is 2040bhp hyper-EV with solid-state battery