Automakers to Double Spending on EVs to $1.2 Trillion by 2030: Analysis
The world's top automakers are planning to spend nearly $1.2 trillion (roughly Rs. 98.4 lakh crore) through 2030 to develop… Read More
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Vehicles Using Automated Technology Linked to 11 More Crash Deaths: Details
Eleven people were killed in the US crashes involving vehicles that were using automated driving systems during a four-month period earlier… Read More
EV Automakers Request US Government to Remove Tax Cap on Electric Cars
Major automakers are asking the US Congress to lift the cap on how many people can receive tax credits for… Read More
Auto Industry’s Transition to EVs Needs Safeguard for Workers: Panel
Auto industry companies need to take into account their communities and workers through greater environmental protections and higher pay in… Read More
Chip Shortage Feeds Frustration, Inflation in US
Even coming off its fastest annual growth in 37 years, the US economy is still bogged down by a persistent… Read More
Rivian, Ford cancel plans to collaborate on electric vehicle
Electric truck maker Rivian and Detroit auto giant Ford on Friday announced they have canceled plans to jointly develop an… Read More
Apple, Intel Said to Attend White House Meeting on Chip Shortage
Intel Chief Executive Pat Gelsinger plans to attend a virtual White House meeting on the global chip shortage, along with… Read More
Ford, Walmart Team Up to Launch Autonomous Vehicle Delivery Service
Self-driving startup Argo AI, automaker Ford Motor and Walmart will together launch an autonomous vehicle delivery service in Miami, Austin,… Read More
Samsung SDI Considering Building EV Battery Plant in Illinois: US Senator
South Korea's Samsung SDI is considering building a battery plant in central Illinois, Senator Dick Durbin told reporters on Thursday.Durbin… Read More
Tesla Hikes Electric Car Prices in US, Holds Line in China
Tesla showed signs this week of divergent strategies in the world's two biggest automotive markets, raising prices to boost profit… Read More