Automakers to double spending on EVs, batteries to $1.2 trillion by 2030
The world's top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and produce millions of electric vehicles, batteries and raw materials......»»
Asteroid mining: A potential trillion-dollar industry
Earth's newest celestial neighbor has finally arrived. Astronomers using a powerful telescope in Sutherland, South Africa, first detected the 33-foot-long asteroid in August, reporting their discovery in Research Notes of the American Astronomical So.....»»
"Cajun Navy" hurricane search-and-rescue volunteers are forming long-lasting organizations
The volunteers who take part in search-and-rescue operations and then support disaster survivors belong to organizations that have become more formal and established over the past decade. That's what we found after spending more than four years volun.....»»
Nvidia might double down on its controversial pricing strategy
If you thought the RTX 40 series was expensive, wait until you see what Nvidia might be serving up with the 50 series graphics cards......»»
Industry sees influx of qualified minority dealer candidates, NAMAD president says
Automakers see the most success with minority dealer growth when it's a business directive that comes from the top of the company, said NAMAD President Perry Watson IV......»»
Solid-state batteries need proven benefits over lithium ion to become EV market player
As solid-state battery technology evolves, lithium ion batteries, which power the vast majority of EVs on the road, are also advancing......»»
North America can seize EV leadership from China, GM battery chief says
The U.S. can seize global leadership on electric vehicle batteries as the customer base for EVs grows, said Kurt Kelty, General Motors' vice president of batteries......»»
General Motors is ditching Ultium branding for its EV batteries
GM says it's time to embrace new cell formats and chemistries. General Motors is shaking up its electric vehicle strategy once again. Despite bumper EV sales in 2024, the US autom.....»»
Bankrupt Fisker says it can’t migrate its EVs to a new owner’s server
Fisker waited until Friday evening to tell the buyer about the problem. Starting a new car company isn't easy—just ask Henrik Fisker, whose second bite at that particular cherry.....»»
Stellantis holds off on megacasting championed by Tesla and Volvo
The technique was pioneered by Tesla to reduce manufacturing times and costs. Volvo, Nissan, Ford, Toyota and Hyundai are among automakers either using or planning to use it. .....»»
Stellantis holds off on megacasting, championed by Tesla and Volvo
The technique was pioneered by Tesla to reduce manufacturing times and costs. Volvo, Nissan, Ford, Toyota and Hyundai are among automakers either using or planning to use it. .....»»
Ford moves into Michigan Central Station as it looks to harness ‘entrepreneurial spirit’
Ford Motor Co.’s first 500 workers have moved into Michigan Central Station, and the automaker plans to double that number by the end of the year......»»
GM expects lower EV losses in 2025, will drop Ultium name
GM executives did not say if EVs will be profitable in 2025. They pointed to the improving trajectory as a sign of progress in GM's EV strategy......»»
Local craft beer consumers lose loyalty when their favorite brands are acquired, finds study
Local craft beer consumers don't seem to like it when their favorite brands are acquired, showing displeasure through spending habits, according to a new study on brand loyalty and craft beers......»»
Ford moves in to Michigan Central Station as it looks to harness ‘entrepreneurial spirit’
Ford Motor Co.’s first 500 workers moved into Michigan Central Station this week, and the automaker plans to double that number by the end of the year......»»
GM drops Ultium name for EV platform
General Motors said at an Oct. 8 investor day that it expects to build roughly 200,000 EVs this year as it targets profitability......»»
EVs, China and an election make for a turbulent political stew in Michigan
It is complicating Michigan’s efforts to lead the next stage of automotive evolution and highlighting geopolitical tensions with China......»»
Honda goes all-in on new 0 Series EVs to ‘survive" global industry shift
CEO Toshihiro Mibe previews Honda's coming line of 0 Series electric vehicles at an all-day briefing and test drive in Japan, revealing new specifications and manufacturing techniques......»»
From Bolivia to Indonesia, deforestation continues apace
Deforestation continued last year at a rate far beyond pledges to end the practice by 2030, according to a major study published Tuesday......»»
EU tariffs on Chinese EVs will not lead to price rises — for now
MG, BYD and VW's Cupra say they will not increase prices on EVs they export to Europe from China even after EU countries approved punitive tariffs......»»
Stellantis U.S. sales drop signals more troubles ahead; "there are a lot of things in play"
Stellantis upped its incentive spending in the third quarter, but its U.S. sales still fell 20 percent, and it warned of lower profits than expected this year......»»