The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct funding to…
Electric vehicles
Slovak government and South Korea’s Hyundai Mobis sign a deal to build an electric car parts plant
BRATISLAVA, Slovakia — The Slovak government and Hyundai Mobis on Tuesday signed a memorandum of understanding…
Biden admin to provide $750 million to North Carolina-based Wolfspeed for advanced computer chips
WASHINGTON — The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct…
Stellantis CEO says company is on pace to fix sales problems after poor performance this year
DETROIT — Stellantis is fixing its slowing U.S. sales at the right pace after fumbling a…
Paris Motor Show opens during a brewing EV trade war between the EU and China
PARIS — PARIS (AP) — Auto manufacturers competing to persuade drivers to go electric are rolling…
China’s exports slow sharply in September, adding to worries over the economy
HONG KONG — China’s exports slowed sharply in September as global demand weakened, adding to worries…
How major US stock indexes fared Friday, 10/11/2024
U.S. stocks closed at more all-time highs as JPMorgan Chase, Wells Fargo and other big financial…
Snubbed by Tesla, Mexican government pledges to create its own small, affordable electric car
MEXICO CITY — Snubbed by Tesla, Mexico’s new president pledged Friday to create a Mexican-made small,…
Stellantis CEO under fire from Italian lawmakers as the group grapples with financial troubles
ROME — Italian lawmakers on Friday questioned the head of Stellantis, the world’s fourth largest automaker,…
Volkswagen’s deliveries drop, highlighting Europe’s car industry challenges, ET Auto
The cost cuts have resulted in fully battery electric vehicle sales growth in China, adding 5.2%…