28.58 F
New York
January 28, 2022

Autos

Out of 118 countries, these are the top 5 for road trips in 2022

CNBC
CNBC – For more and to sign up click here The highly transmissible omicron Covid-19 variant has some travelers thinking twice about air travel again. While travel bookings are surging this year, some people are sticking with one of the biggest trends to have emerged from the pandemic: the road......

Tesla drops more than 11% as investors digest new vehicle delays

CNBC
CNBC – For more and to sign up click here An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California. Justin Sullivan | Getty Images Tesla shares dropped more than 11% in Thursday trading after the company said it would not produce new model vehicles......

GM CEO Mary Barra takes first autonomous car ride with Cruise: ‘It’s just surreal’

CNBC
CNBC – For more and to sign up click here “It’s just surreal,” General Motors CEO Mary Barra says while testing one of the company’s driverless cars in San Francisco, calling it a highlight of her career. Barra took the ride last week in a retrofitted Chevrolet Bolt EV with......

Tesla beats on earnings and revenue, says supply chain issues were ‘main limiting factor’

CNBC
CNBC – For more and to sign up click here Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Tesla shares fell as much as 5% in extended trading......

Bentley to invest $3.4 billion to exclusively offer EVs by 2030

CNBC
CNBC – For more and to sign up click here A rendering of Bentley’s new electric vehicle production operatins in Crewe, England. Bentley Bentley Motors plans to spend 2.5 billion pounds (about $3.4 billion) over the next decade to become a fully electric luxury brand by 2030, the 102-year-old carmaker......

GM to spend $6.6 billion on EV plant investments in bid to dethrone Tesla in electric car sales by 2025

CNBC
CNBC – For more and to sign up click here DETROIT – General Motors said it will invest roughly $6.6 billion in its home state of Michigan over the next two years to increase electric pickup-truck production and build a new EV battery cell plant. The new spending is part......

The world is hungry for lithium. Geothermal energy could transform how it’s sourced

CNBC
CNBC – For more and to sign up click here The southwest of England is famed for its dramatic coastline, verdant countryside and fresh seafood. If all goes to plan, another string could be added to the region’s bow over the next few years: lithium extraction. In the county of......

Autonomous driving start-up Wayve bags $200 million from Microsoft, Virgin and Baillie Gifford

CNBC
CNBC – For more and to sign up click here Wayve CEO and co-founder Alex Kendall. Wayve LONDON — U.K. autonomous driving start-up Wayve has been backed by a host of big name investors including Microsoft, Virgin and Baillie Gifford in a $200 million funding round that brings total investment......

Ford signs five-year payments deal with Stripe for e-commerce drive

CNBC
CNBC – For more and to sign up click here A Ford F-150 pickup truck is offered for sale at a dealership on September 6, 2018 in Chicago, Illinois. Scott Olson | Getty Images Online payment processor Stripe has signed up Ford Motor Company as a customer, in a five-year......

Bill Ford is doubling down on Ford shares, and quietly amassing more control of his great-grandfather’s company in the process

CNBC
CNBC – For more and to sign up click here Incoming Ford CEO Jim Farley (left) and Ford Executive Chairman Bill Ford Jr. pose with a 2021 F-150 during an event Sept. 17, 2020 at the company’s Michigan plant that produces the pickup. Michael Wayland | CNBC DETROIT – Ford......

Tesla asked law firm to fire attorney who worked on Elon Musk probe at SEC, report says

CNBC
CNBC – For more and to sign up click here Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters A lawyer for Tesla asked a law firm to fire one its attorneys or risk......

How the U.S. fell behind in lithium, the ‘white gold’ of electric vehicles

CNBC
CNBC – For more and to sign up click here The United States has a lithium supply problem. Nearly every major automaker has announced a transition to electric vehicles, Tesla delivered almost one million cars in 2021, and a handful of new electric vehicle companies like Rivian and Lucid are......

Elon Musk says Tesla will raise price of “Full Self-Driving” driver assistance to $12,000

CNBC
CNBC – For more and to sign up click here A Tesla Model Y electric vehicle is dispalyed on a showroom floor at the Miami Design District on October 21, 2021 in Miami, Florida. Joe Raedle | Getty Images On Friday, Tesla CEO Elon Musk announced on Twitter that the......

Rivian shares continue to dive following Amazon-Stellantis deal

CNBC
CNBC – For more and to sign up click here R.J. Scaringe, Rivian’s CEO, introduces the world to his company’s R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 2018. Mike Blake | Reuters Shares of Rivian were down another......

GM’s Barra reveals new self-driving Cadillac concept car, says company plans to offer personal autonomous vehicles by mid-decade

CNBC
CNBC – For more and to sign up click here Cadillac InnerSpace concept GM DETROIT — General Motors CEO Mary Barra unveiled a new personal self-driving electric concept car from GM’s luxury brand Cadillac on Wednesday during the CES technology show. The sleek two-passenger car, called InnerSpace, is part of......

Rivian stock plunges after news of Amazon-Stellantis deal

CNBC
CNBC – For more and to sign up click here Stellantis, the automaker formerly known as Fiat Chrysler, said Wednesday that Amazon will provide its in-car dashboard software and cloud services. Amazon will also be the first commercial customer of Stellantis’ Ram ProMaster battery-electric vehicle, slated for 2023. The collaboration......

Tesla opened a dealership in Xinjiang, China, despite widespread reports of Uyghur oppression there

CNBC
CNBC – For more and to sign up click here Tesla has opened a new sales and service center in the Xinjiang region of China, home to a Muslim population known as the Uyghurs whom the United Nations and rights organizations have identified as a repressed ethnic group. In 2021, the United......

Ford beats out Tesla to become the auto industry’s top growth stock in 2021

CNBC
CNBC – For more and to sign up click here The all-electric Ford F-150 Lightning truck during an augmented reality presentation at the Motor Bella Auto Show in Pontiac, Michigan, on Tuesday, Sept. 21, 2021. Emily Elconin | Bloomberg | Getty Images DETROIT – Shares of Ford Motor soared by......

Tesla stock jumps after reporting record vehicle deliveries for 2021

CNBC
CNBC – For more and to sign up click here Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. Patrick Pleul | picture alliance | Getty Images Shares of Tesla continued to jump on Monday, a day after the electric vehicle maker beat......

Tesla delivered 936,172 electric vehicles in 2021, with the fourth-quarter setting a new record

CNBC
CNBC – For more and to sign up click here Visitors looking at a China-made Tesla Model Y electric vehicle at the Auto Shanghai 2021 show in Shanghai, China, on April 27, 2021. Qilai Shen | Bloomberg | Getty Images Tesla said on Sunday that it delivered more than 308,000 electric......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More