Industry

Bosch plans to invest $528 million to develop components for hydrogen electrolysis, a technology that promises to speed adoption of so-called green hydrogen for use in transport and other sectors. The world’s largest auto supplier said Wednesday at its annual news conference that it hopes to start production of electrolyzer “stacks” in 2025, with the […]

FRANKFURT/MILAN — Stellantis has agreed to buy the Share Now car-sharing business from BMW and Mercedes-Benz as the two German automakers focus on the software part of their mobility alliance. Stellantis wants to position itself as a global leader in car-sharing, using this step announced on Tuesday to expand its existing business in the area.

Much is made of the vehicle parts that will be lost in the transition to electric vehicles. But even many components that remain could be in for big changes. Take wheels, for example. Unless the flying cars of science fiction ever become reality, cars and trucks will continue to move on wheels, regardless of power

Hertz Global Holdings Inc. said first-quarter revenue of $1.8 billion was up 57 percent from a year ago, excluding the Donlen fleet management business sold last year. The company’s adjusted earnings before interest, taxes, depreciation and amortization rose from about breakeven to $614 million, while its average global revenue per day soared 28 percent to

BEIJING/SHANGHAI – Baidu and Pony.ai said on Thursday they had received permits to deploy robotaxis without humans in the driver seat on open Chinese roads for the first time, in another instance of Beijing’s support for the autonomous-driving sector. The permits are the latest set of approvals the municipal government has handed out over the

All-time-high interest in electric vehicles might not translate into as many sales as automakers and regulators would like in the short and medium term, as supply chain snags are likely to prevent the industry from catching up with growing demand. Automakers and governments have set ambitious targets for EV expansion. Legacy automakers have rolled out

Getty Images Car production in the UK has continued to fall as manufacturers struggle with global supply chain problems. Almost 100,000 fewer cars were built in the first three months of 2022 compared to last year. Manufacturing has dropped by nearly a third, according to the Society of Motor Manufacturers and Traders (SMMT). The SMMT

WASHINGTON — A group of 12 U.S. Senate Democrats on Wednesday urged Transportation Secretary Pete Buttigieg to develop a comprehensive federal framework for autonomous vehicles, according to a letter seen by Reuters. “We lag behind in shaping a regulatory framework that will foster this innovation while simultaneously protecting and encouraging all of the important benefits

DETROIT — Interstate 94 between Detroit and Ann Arbor could in the coming few years become the first major artery in Michigan designed for autonomous vehicles zipping up and down the road. Cavnue LLC, which is focused on designing roads for the future, was tapped by state officials in August 2020 to develop a “first-of-its-kind

Ford boss Jim Farley has a lot riding on this moment. On Tuesday, the Detroit carmaker celebrates the formal start to production of the electric version of the F-150 pickup, the best-selling vehicle in America for decades. It’s a milestone seen as critical for Ford – and for the environment – as the company seeks