News

China’s Contemporary Amperex Technology Co., the world’s biggest maker of batteries for electric vehicles, is considering at least two locations in Mexico for a manufacturing plant to potentially supply Tesla Inc. and Ford Motor Co. The battery manufacturer is considering Ciudad Juarez, in the state of Chihuahua, and Saltillo, in Coahuila, according to people familiar […]

Amid a rise in traffic deaths in recent years, the National Safety Council is acknowledging that its longstanding approach to vehicle safety is failing. After decades of maintaining the same outlook, the influential nonprofit that works with government and industry to create rules to reduce vehicle deaths is adopting a new strategy: It will prioritize

Carvana Co. may be back on a growth trajectory, but what investors really want to see is how well it’s controlling its costs. With consumer confidence falling and the Federal Reserve raising interest rates to fight the surge in inflation, Carvana and other online used-vehicle retailers may see little growth in demand in the coming

I’d like every automotive exec reading this to do this exercise right now: Place your smartphone in your right hand, and then pick up the last automobile you drove and hold it at the same height in your left hand. What? You can’t? They’re not equal, you say? Pfft. Then tell me, please, why executives

The 2023 Chevrolet Corvette Z06 will start at $106,395, about $40,000 more than the base 2023 Corvette Stingray, Chevy said Friday. Orders for the high-performance sports car open July 28, and production is slated to begin in September. The Z06 base price includes a $1,395 shipping charge. Despite the price gap between the Stingray and

Vietnamese electric vehicle newcomer VinFast began a new chapter in the U.S. this week, opening its first six stores in California as it pushes forward on plans to deliver two newly developed crossovers by the end of the year and carve out a slice of the growing EV market now dominated by Tesla, Ford, Hyundai

A person claiming to be a current Cruise employee raised concerns with California regulators about the self-driving tech company’s safety culture and readiness to begin commercial operations in San Francisco. The letter arrived at the California Public Utilities Commission’s inbox for whistleblowers May 19, two weeks before the regulators cleared Cruise’s robotaxis for those commercial

General Motors is partnering with EVgo and Pilot Co. to bring electric vehicle chargers to highway corridors across the U.S. The companies plan to install 2,000 fast chargers at as many as 500 Pilot and Flying J travel centers starting this year. GM’s previous partnerships with EVgo and other charging networks focused on metro markets.

Panasonic Holdings Corp. is planning to invest several billion dollars in a factory in Kansas to supply a new high-capacity battery for Tesla Inc.‘s electric vehicles, Nikkei reported on Wednesday. The Japanese conglomerate aims to triple or quadruple EV battery production capacity by fiscal 2028 from the current level of roughly 50 gigawatt-hours per year,

Polestar increased sales of its electric vehicles by 125 percent to 21,200 during the first half, nearly matching its full-year volume from last year. The Volvo Cars EV subsidiary, which joined the Nasdaq last month in an $890 million deal, sold 29,000 vehicles last year and aims to increase that total to 290,000 by 2025.