News
Exclusive-GM-LG battery company delays return of laid-off workers to Ohio plant
7+ hour, 49+ min ago (243+ words) DETROIT, May 29 (Reuters) " A battery plant partly owned by General Motors is delaying the return of hundreds of workers "in northeast Ohio amid continued weak "demand for electric cars. Workers at the Ultium Cells plant in Warren, Ohio, jointly owned…...
Trump administration wants to raise North American auto content to 82%, with half from US
12+ hour, 20+ min ago (466+ words) By David Shepardson, Emily Green, Nora Eckert and David Lawder WASHINGTON/MEXICO CITY, May 29 (Reuters) " The Trump administration wants to increase the level of regional content in North American-built vehicles to 82% to qualify for preferential treatment under the U. S. -Mexico-Canada "Agreement…...
Xpeng projects quarterly revenue below estimates on weak EV demand
1+ day, 9+ hour ago (313+ words) May 28 (Reuters) " Electric vehicle maker Xpeng on Thursday forecast second-quarter revenue below market expectations, underscoring a prolonged slowdown in demand and stiff competition in the Chinese "EV market. Domestic car sales in China fell for "a seventh straight month in…...
Ferrari aims to prove doubters wrong after divisive EV debut
2+ day, 13+ hour ago (458+ words) By Alvise Armellini and Giulio Piovaccari ROME, May 27 (Reuters) " If Ferrari wanted to grab the world's attention with the Luce, its first all-electric car, mission accomplished " even if much of the reaction has been shock and outrage. The new "model…...
University of North Dakota seeks to scale up critical mineral refining
2+ day, 19+ hour ago (606+ words) GRAND FORKS, N. D. (North Dakota Monitor) " The University of North Dakota is looking to expand its ability to pull minerals needed for electronics by building a refining facility at a coal mine. University officials are seeking a $50 million grant from the…...
China's Pony. ai says it is unaffected by self-driving car safety review
3+ day, 17+ hour ago (432+ words) BEIJING, May 26 (Reuters) " Chinese autonomous driving company'Pony. ai has not been affected by a national safety review following a robotaxi outage involving rival Baidu's Apollo Go, and is pushing ahead with expansion into more cities, its "CEO said on Tuesday....
Stellantis, Wayve target 2028 driver-assist launch
1+ week, 1+ day ago (242+ words) May 21 (Reuters) " Stellantis and British autonomous driving startup Wayve said on Thursday they had formed a strategic partnership to bring Wayve's "artificial intelligence driving software into the carmaker's "STLA Auto Drive platform for future hands-free assisted driving. The companies said…...
Factbox-IPO-bound Space X's board is stacked with Musk empire loyalists
1+ week, 1+ day ago (502+ words) May 21 (Reuters) " Space X's IPO filing reveals a board deeply embedded in Elon Musk's broader business network, with directors tied to Tesla, Google, Pay Pal and venture firms that have financed multiple "Musk ventures over two decades. The board structure…...
China’s Chery hopes to enter US market at ‘suitable’ time
1+ week, 2+ day ago (85+ words) WUHU, China, May 20 (Reuters) - China's largest car exporter, Chery, is considering entering the U. S. market at a suitable time, an executive overseeing its international business said on Wednesday, without giving a timeframe. U. S. President Donald Tru. .....
Europe EV sales leap as Iran war pushes up petrol pump prices
1+ week, 3+ day ago (710+ words) By Christina Amann, Marie Mannes and Nick Carey BERLIN/STOCKHOLM/LONDON, May 20 (Reuters) " Demand for electric vehicles in Europe has surged as high fuel prices linked to the Iran war propel sales of new and second-hand EVs, data exclusively shared…...