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GM Introduces ‘Ultium Drive’ to Power EVs

General Motors Co.'s future electric vehicles are expected to be powered by five drive units and three motors known as “Ultium Drive,” which will help the company transition its lineup to all-electric, the automaker said Sept. 16.

September 16, 2020

Tesla Plans to Start Shipping Out Cars Made at Shanghai Gigafactory

Tesla Inc. plans to ship cars made at its Shanghai factory to other countries in Asia and Europe, according to people familiar with the matter, shifting its strategy for the plant to largely focus on supplying the local market.

September 11, 2020

Experts Stress Public Trust in AV Tech as E-Commerce Rises

As the pandemic prompts people to shop from their homes and rely on contactless delivery services, gaining public trust in automated vehicle technology remains essential, experts said.

September 11, 2020

Walmart Tests Drone Delivery Amid Escalating Competition With Amazon

Walmart Inc. is entering the drone delivery wars, its latest move to counter Amazon.com Inc.’s dominance in e-commerce as more Americans choose to shop from home.

September 9, 2020

Tesla Shares Plunge After GM’s Nikola Stake, S&P Omission

Tesla Inc. shares slid on Sept. 8 after the electric-vehicle maker missed out on being included in the S&P 500 Index, taking investors who had bet on its entry to the benchmark by surprise.

September 8, 2020

Nikola, GM Strike Deal for Pickup Trucks, Batteries

General Motors Co. and Nikola Corp. on Sept. 8 announced a strategic partnership under which GM will build Nikola’s Badger pickup truck and also serve as a key supplier of fuel cell-electric technology for Nikola’s Class 7 and Class 8 trucks.

September 8, 2020

Yandex, Uber to Spin Off Self-Driving Cars Into New Company

Yandex NV and Uber Technologies Inc. will spin off the self-driving car unit of their joint venture into a separate company, giving Yandex more control over the businesses and paving the way for new investors.

September 4, 2020

Musk Test-Drives VW Electric Car in Meeting With CEO Diess

Before Tesla Inc. CEO Elon Musk returned to the U.S. after a three-day visit to Germany, he made a final stopover to meet with one of his biggest competitors — Volkswagen AG CEO Herbert Diess.

September 4, 2020

Tesla Rout Extends to Fourth Day, Longest Streak Since March

Tesla Inc. fell as much as 4.2% in early Sept. 4 trading, heading for its first four-day losing streak since pandemic fears were at their height in mid-March.

September 4, 2020