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Fear of cheap Chinese EVs spurs automaker dash for affordable cars

LONDON/DETROIT, Dec 8 (Reuters) – The rise of inexpensive Chinese electric vehicles has upped the pressure on legacy automakers who have turned to suppliers, from battery materials makers to chipmakers, to squeeze out costs and develop affordable EVs quicker than previously planned. “Automakers are really now only turning to affordable vehicles, knowing they’ve got to… Continue reading Fear of cheap Chinese EVs spurs automaker dash for affordable cars

More than 1,000 VW workers in Tennessee sign union representation cards — UAW

An American flag flies in front of the United Auto Workers union logo on the front of the UAW Solidarity House in Detroit, Michigan, September 8, 2011. Rebecca Cook//File Photo Acquire Licensing Rights WASHINGTON, Dec 7 (Reuters) – The United Auto Workers union said on Thursday that more than 1,000 factory workers at Volkswagen AG’s… Continue reading More than 1,000 VW workers in Tennessee sign union representation cards — UAW

Ford says unlikely Mustang Mach-E EV will qualify for US federal tax credits in January

[1/2]Ford Mustang Mach-E is presented at the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David ‘Dee’ Delgado/File Photo Acquire Licensing Rights Dec 6 (Reuters) – Ford Motor (F.N) said on Wednesday it is unlikely Mustang Mach-E electric vehicles currently in dealer showrooms will qualify for federal tax credits… Continue reading Ford says unlikely Mustang Mach-E EV will qualify for US federal tax credits in January

How electric vehicles are accelerating the end of the oil age

Dec 6 (Reuters) – There is plenty of hand-wringing on display at the COP28 climate conference in Dubai about the slow pace of reducing the consumption of fossil fuels to fight climate change. But one positive that delegates can point to is the growing fleet of electric vehicles worldwide that is already making a surprisingly… Continue reading How electric vehicles are accelerating the end of the oil age

Exclusive: New leader of GM’s Cruise acknowledges ‘all-time low’ amid safety review

A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018. REUTERS/Heather Somerville//File Photo Acquire Licensing Rights Dec 5 (Reuters) – General Motors’ Cruise autonomous vehicle unit has hit an “all time low,”… Continue reading Exclusive: New leader of GM’s Cruise acknowledges ‘all-time low’ amid safety review

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Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing Rights Dec 5 (Reuters) – Elon Musk’s artificial intelligence startup… Continue reading Untitled

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[1/2]Apple iPhones are seen inside India’s first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India, April 17, 2023. REUTERS/Francis Mascarenhas Acquire Licensing Rights Summary Companies Apple lobbies India to delay EU-like rule on common charger U.S. giant seeks more time in India beyond EU deadline Apple says… Continue reading article with gallery