Running low on battery power: Brexit Britain faces an acid test
LONDON (Reuters) – Britain has set a fast pace in the electric vehicle race with its 2030 ban on sales of new fossil [...]
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General Motors quarterly sales get boost from strong SUV demand
FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. [...]
Nio Lidar supplier Innovusion raises $64 million in funding
LONDON (Reuters) – Lidar sensor maker Innovusion said on Monday it had raised $64 million in funding to ramp up production to supply [...]
U.S. lawmakers should prioritize automotive chips needs: industry
WASHINGTON (Reuters) – The U.S. auto industry and United Auto Workers union on Friday urged Congress to tie billions of dollars in government [...]
U.S. lawmakers make push for electric vehicles, charging stations
WASHINGTON (Reuters) – U.S. lawmakers are pushing for tens of billions of dollars in funding to shift to electric vehicles and away from [...]
U.S. auto dealers are winners as chip shortage lifts vehicle profits
(Reuters) – Mike Bowsher shakes his head in wonder when he hears yet another customer at one of his Buick-GMC dealerships near Atlanta [...]
Renault to partly idle Spanish plants until end September over chip shortage
MADRID (Reuters) – French carmaker Renault has started negotiations with unions to extend the partial idling of three of its four factories in [...]
South Korean battery makers' shares rise after $1.8 billion settlement
SEOUL (Reuters) – Shares of South Korea’s SK Innovation and LG Chem jumped on Monday after the battery makers agreed on a 2 [...]
Auto industry rethinks cost-cutting playbook as COVID-19, chip shortages disrupt supply chains
DETROIT (Reuters) – After a year of getting hammered by the pandemic, a semiconductor shortage and storms that snarled Dana Inc’s global supply [...]
Auto industry urges Biden to back 'comprehensive' EV plan
WASHINGTON (Reuters) – Major automakers, parts companies and the United Auto Workers (UAW) union urged U.S. President Joe Biden to support a “comprehensive [...]