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September 17, 2021

Autos

Elon Musk praises Chinese automakers as Tesla works to improve company’s reputation

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CNBC – For more and to sign up click here Tesla CEO Elon Musk lauded Chinese automakers Friday, calling them the “most competitive in the world,” during pre-recorded question-and-answer stream at the World New Energy Vehicle Congress, which is hosted in China’s Hainan province. Musk was highly complementary of the......

Car headlights are becoming more high-tech than ever, and regulators are having trouble keeping up

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CNBC – For more and to sign up click here Headlights are quietly undergoing a technological revolution, and regulators are trying to catch up. For much of automotive history, innovation came to headlights gradually. But over the last few decades, the pace has quickened. Now, automakers are using LED technology......

Jay Leno says, ‘the electric car is here to stay,’ despite Chevy Bolt recalls

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CNBC – For more and to sign up click here Jay Leno gave CNBC’s “The News with Shepard Smith” an optimistic outlook when it comes to the future of electric cars, despite the latest warning from General Motors to owners of some Chevy Bolts, advising them not to park within 50......

Ford adds jobs to increase production of electric F-150 pickup; reservations top 150,000

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CNBC – For more and to sign up click here Ford has started initial pre-production of its electric F-150 Lightning pickup truck at a new plant in Dearborn, Mich. Michael Wayland | CNBC DEARBORN, Mich. – Ford Motor is expanding hiring to increase production capacity for its all-electric F-150 Lightning......

GM advising some Bolt EV owners to park 50 feet away from other cars in case of fire

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CNBC – For more and to sign up click here The Vermont State Police released this photo of the 2019 Chevrolet Bolt EV that caught fire on July 1, 2021 in the driveway of state Rep. Timothy Briglin, a Democrat. Vermont State Police DETROIT – General Motors is advising some......

Walmart to test self-driving cars in multiple cities with Ford and Argo AI

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CNBC – For more and to sign up click here Ford Motor plans to launch its self-driving vehicle businesses in 2022 with vehicles based on its Escape Hybrid crossover. Ford Walmart is expanding its self-driving vehicle program to include Ford Motor and Argo AI, an autonomous car start-up backed by......

EV start-up Rivian beats Tesla, GM, Ford as first automaker to produce electric pickup

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CNBC – For more and to sign up click here Rivian R1T electric truck Source: Rivian EV start-up Rivian is the first automaker to bring an electric pickup to the consumer market, beating Tesla, General Motors and others in what’s expected to be a hotly contested segment in the years......

Tesla Autopilot to be compared with 12 other carmakers’ systems in NHTSA probe

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CNBC – For more and to sign up click here The interior of a Tesla Model S is shown in autopilot mode in San Francisco, California, U.S., April 7, 2016. Alexandria Sage | Reuters As part of its investigation into Tesla Autopilot safety issues, the National Highway Traffic Safety Administration......

From ‘blatantly biased’ to ‘discriminatory:’ Tesla, Toyota and Honda criticize $4,500 EV tax incentive for union-made vehicles

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CNBC – For more and to sign up click here A man attaches a charging plug to a General Motors Co. (GM) Chevrolet 2017 Volt hybrid electric vehicle (EV) at a charging station in Jeju, South Korea. SeongJoon Cho | Bloomberg | Getty Images DETROIT – Tesla, Toyota Motor and......

Alibaba leads $300 million investment into Chinese autonomous driving start-up DeepRoute.ai

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CNBC – For more and to sign up click here A Deeproute.ai robotaxi on display. Deeproute.ai GUANGZHOU, China — Alibaba has led investments worth more than $300 million into Chinese autonomous driving start-up DeepRoute.ai. The Shenzhen-based start-up makes the self-driving systems for vehicles that involve hardware and software. DeepRoute.ai runs......

Here’s why GM’s electric vehicle push is a big risk

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CNBC – For more and to sign up click here General Motors‘ aspiration to stop selling fuel-burning cars by 2035 could put a big dent in its overall market share if it doesn’t considerably boost sales, some auto industry analysts think. While electric cars are in vogue, and companies like......

Half a million without power in Louisiana, Mississippi amid new flash flood warnings

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CNBC – For more and to sign up click here The presidential motorcade drives past an area affected by Hurricane Ida as U.S. President Joe Biden begins his tour of the hurricane-affected areas in Louisiana, September 3, 2021. Jonathan Ernst | Reuters More than a week after Hurricane Ida made......

Major auto makers fear the global chip shortage could persist for some time

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CNBC – For more and to sign up click here Technicians work in the assembly line of German carmaker Volkswagen’s electric ID. 3 car in Dresden, Germany, June 8, 2021. Matthias Rietschel | Reuters Car manufacturers including Ford, Volkswagen and Daimler are still struggling to deal with the impact of......

Tech giants are rushing to develop their own chips – here’s why

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CNBC – For more and to sign up click here Google CEO Sundar Pichai talks about the company’s third-generation artificial intelligence chips. Source: YouTube screenshot Not content with relying on standard chips that are in high demand, some of the world’s biggest tech firms are developing their own semiconductors. Apple,......

Warren Buffett-backed electric carmaker BYD sees August sales surge more than 300%

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CNBC – For more and to sign up click here BYD’s Han electric car, pictured here at the 2021 Shanghai auto show, is one of the most popular new energy vehicles in China. Evelyn Cheng | CNBC GUANGZHOU, China — BYD sold 61,409 new energy vehicles in August, more than......

Buying a new car is a challenge amid a global chip shortage and limited inventory. Here are tips for finding a decent deal

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CNBC – For more and to sign up click here David Paul Morris | Bloomberg | Getty Images Being in the market for a new car right now is challenging, to say the least. Heading into the long Labor Day weekend, transaction prices remain elevated. While the three-day stretch normally......

Ford Chairman Bill Ford’s vision of a greener auto industry is finally on the horizon

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CNBC – For more and to sign up click here Ford Chairman Bill Ford speaks May 19, 2021 during the unveiling of the electric F-150 Lightning pickup truck outside the automaker’s world headquarters in Dearborn, Mich. Ford DETROIT – A decade ago, Ford Motor was positioning itself to be a......

Elon Musk declines to address Texas abortion law directly after Gov. Greg Abbott’s comments

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CNBC – For more and to sign up click here Elon Musk on Thursday declined to weigh in directly on Texas’ abortion law after Gov. Greg Abbott said the Tesla and SpaceX CEO supported his state’s “social policies” following the implementation of the harshly restrictive measure. “In general, I believe......

Audi unveils new Grandsphere concept car as a ‘private jet for the road’

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CNBC – For more and to sign up click here Audi Grandsphere concept Audi Audi is touting its newest Grandsphere concept car as a “private jet for the road.” While the vehicle can’t fly, the German automaker said it designed the electric car with such luxury private travel in mind.......

Ford’s U.S. sales decline 33% in August as chip shortage devastates auto industry

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CNBC – For more and to sign up click here DETROIT – U.S. sales of Ford Motor’s new vehicles last month declined by 33.1% from a year earlier due to an ongoing global shortage of semiconductor chips that’s wreaking havoc on the automotive industry, the company said Thursday. The Detroit......

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