Automakers like Peugot, Ford, and Toyota are on the run to regain high-margins from the auto chip making since the pandemic and weather disasters have taken over.
Auto Industry Leaders push EV plans ahead to raise new outcomes by 2030. Environmentalists also add to the bar by shaking things with vehicle emission rules by 2026.
A sales rebound has left global auto industry leaders facing a shortage of chips with many idling plans to trim production until inventories are in order.
General Motors, the largest automaker in the United States, has announced plans to stop selling all gasoline or diesel-powered lightweight vehicles by 2040. This means that GM will
Microsoft Corp. is joining hands with Cruise, the self-driving subsidiary of General Motors., to help accelerate the commercialization of driverless autonomous vehicles. The Redmon
General Motor’s GMC Hummer EV was sold out in the US in just 10 minutes of its reveal online, despite a steep price of $112,595.
Hindenburg Research accuses Nikola of making false claims about its innovations over the years, specifically surrounding its first hydrogen-electric semi-truck prototype.
General Motors’s stake gives it rights to nominate one director on Nikola board and will use the opportunity to move into broader markets with Nikola’s fuel cell techno