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U.S. stock index futures dipped on Wednesday, suggesting that the S&P 500 and Dow Jones indexes would extend losses for a third straight day, as the spread of the Delta coronavirus variant stoked worries of slowing economic growth.
U.S. electric vehicle maker Tesla Inc in August sold 44,264 China-made vehicles, including 31,379 for export, the China Passenger Car Association (CPCA) said on Wednesday.
India will give about $3.5 billion in incentives to auto companies over a five-year period under a revised scheme to boost the manufacturing and export of clean technology vehicles, two sources aware of the latest proposal told Reuters.
Electric truck startup Volta Trucks said on Wednesday its first trucks will be made under contract starting late 2022 at a former MAN truck plant in Austria by Steyr Automotive, a newly formed company that has taken over the factory.
Self-driving software startup Oxbotica said on Wednesday it has teamed up AppliedEV to develop a fully autonomous multi-purpose vehicle that could be suitable for a variety of commercial uses.
The head of Apple Inc's car project, Doug Field, is going to work for Ford Motor Co to lead the automaker's advanced technology and embedded systems efforts, a hiring coup for Ford Chief Executive Jim Farley.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Tesla Inc (Symbol: TSLA), where a total volume of 954,297 contracts has been traded thus far today, a contract volume which is representative of approximately 95
The chief executive of Intel Corp's self-driving vehicle technology unit Mobileye said it plans an initial deployment of 50 autonomous taxis in Munich, Germany next year, and added that rival Tesla Inc's driver assistant system is not "safe enough."
What happened
Evidently it wasn't the Faraday Future Intelligent Electric (NASDAQ: FFIE) bulls that were charged up about the market opening after the long weekend. Instead, it's the bears that are roaring today with shares of the electric vehicle manufacturer plunging 8.6% as of
In this video, I will talk about the recent Peloton (NASDAQ: PTON) FUD, why the price reduction of the bike is actually a good thing, and its recent earnings report. I don't plan on selling any shares anytime soon; I actually expect to add in the near future. I previously talked
What happened
Shares of Tesla (NASDAQ: TSLA) had roared ahead by 3.3% at 10:30 a.m. EDT on Tuesday, and there might be three reasons this is happening.
The iShares ESG MSCI USA Leaders ETF (SUSL) is seeing unusually high volume in afternoon trading Tuesday, with over 734,000 shares traded versus three month average volume of about 81,000. Shares of SUSL were down about 0.6% on the day.
Self-driving technology has been advancing quickly over the last decade, and there are now a handful of companies operating fully autonomous commercial vehicles in the market. And it may surprise you to find out that Tesla (NASDAQ: TSLA) is not yet one of those launching fully
Solid-state batteries could be game changer for electric vehicles (EVs) by storing more energy, charging faster and offering greater safety than liquid lithium-ion batteries, helping accelerate the shift away from fossil fuel-powered cars.
Volkswagen Chief Executive Herbert Diess on Monday said that Europe's largest carmaker still had its work cut out to become a maker of automotive software, a key aim of his strategy to transform the company.
Volkswagen on Monday took the wraps off the ID LIFE, a fully electric small car to be launched in 2025 at a cost of around 20,000 euros ($23,730) in a bid to make battery-powered cars affordable for the masses and younger generations.
Eastern Iron said on Monday it would collaborate with a unit of China's Sichuan Yahua Industrial Group to buy and develop lithium projects, including the Trigg Hill Lithium Tantalum Project in Western Australia.
Volkswagen head Herbert Diess on Sunday said autonomous cars, not electric vehicles, were the "real gamechanger" for the auto industry, which is facing the end of combustion engines in Europe by 2035.