News
Waymo recalls 3, 800 robotaxis after glitch allowed some vehicles to 'drive into standing water"
26+ min ago (272+ words) Waymo is recalling about 3, 800 robotaxis in the U. S. to fix software issues that could allow them to "drive onto a flooded roadway," according to a letter on the National Highway Traffic Safety Administration's website. The voluntary recall is for Waymo vehicles…...
GM cutting hundreds of salaried IT workers as it trims costs, evaluates needs
1+ day, 2+ hour ago (236+ words) DETROIT " General Motors is laying off hundreds of salaried employees in its information technology operations as the automaker reevaluates its workforce needs and cuts costs, CNBC has learned. The global reductions began Monday and will impact about 500 to 600 employees, largely…...
Former Tesla CFO Deepak Ahuja joins EV battery recycler Redwood Materials
1+ day, 3+ hour ago (686+ words) Redwood Materials, the electric vehicle battery recycling business started by Tesla board member and former CTO JB Straubel, is bringing on another former Tesla executive, Deepak Ahuja, as CFO, the company announced Monday. Ahuja served as finance chief at Tesla…...
Fairlead's Katie Stockton talks technicals on Tesla and Google
3+ day, 22+ hour ago (19+ words) CNBC Fairlead's Katie Stockton talks technicals on Tesla and Google...
Week 2 of Musk vs. Altman: Here's what to know
4+ day, 3+ hour ago (21+ words) CNBC Week 2 of Musk vs. Altman: Here's what to know...
High energy price pressures will hit India's auto sector from September: Analyst
4+ day, 13+ hour ago (25+ words) CNBC High energy price pressures will hit India's auto sector from September: Analyst...
Used car prices fall for first time this year as gas prices spike, EV interest rises
5+ day, 4+ hour ago (267+ words) DETROIT " Used car prices fell last month for the first time since October as gas prices rose amid the war in Iran. Cox Automotive's Manheim Used Vehicle Value Index " which tracks prices of used vehicles sold at its U. S. wholesale auctions…...
Elon Musk's Terafab chip factory in Texas could cost up to $119 billion, filing shows
6+ day, 1+ hour ago (546+ words) Elon Musk's plans for a huge chip manufacturing plant in East Texas will cost at least $55 billion for the first phase, and up to $119 billion if the full buildout comes to fruition. The estimated capital investment amounts were disclosed in…...
Lucid plans to adjust production, citing elevated EV inventory
6+ day, 22+ hour ago (387+ words) DETROIT " Lucid Group plans to take actions to better align its production with customer demand for its luxury all-electric vehicles, the company said Tuesday. The EV manufacturer said it needs to lower its "elevated inventory" of vehicles, which for automakers…...
Inside the facility developing Ford's EV tech
1+ week, 5+ hour ago (73+ words) Despite a massive slowdown in EV adoption, Ford Motor is continuing to move forward with its next generation of EVs. Ford is investing big on its new project, the "Universal Electric Vehicle" platform. The first planned product based on the…...