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Nidec to Supply Motors for Foxconn’s Electric Vehicle Initiative

Two newcomers to the electric-vehicle market, Nidec Corp. and Foxconn Technology Group’s automobile arm, unveiled an agreement on supplying electric powertrains — the collection of components including the motor, gears and drive shaft that propel a vehicle.

March 18, 2021

Lordstown Motors Sets Debut Report Without EV Pickups to Show Off

Lordstown Motors Corp.’s first-ever quarterly report is likely to be overshadowed by broader concerns about customer demand and progress on getting production going at the electric-vehicle startup.

March 17, 2021

BMW Ramps Up Move to Electric Cars

FRANKFURT, Germany — BMW intends to speed the rollout of new electric cars, vowing to bring battery-powered models to 50% of global sales by 2030, the German automaker said March 17.

March 17, 2021

Rivian to Open Brooklyn Showroom

Rivian Automotive Inc., the electric truck startup backed by Amazon.com Inc., has signed a lease in Brooklyn for its first New York City retail store.

March 17, 2021

ATRI Report: National VMT System a Costly, Complex Proposition

The administrative costs of a national vehicle-miles-traveled fee system represent a more complicated picture than the costs associated with financing mechanisms such as the federal fuel tax, according to a recent analysis from the American Transportation Research Institute.

March 17, 2021

Intel, Ford Urge Tax Benefits for Chips, US Manufacturing

Foreign producers of semiconductors, electric car batteries and pharmaceuticals will continue to squeeze U.S. manufacturing unless Congress provides more incentives for domestic production, representatives from Intel Corp. and Ford Motor Co. said March 16.

March 16, 2021

Hino Turns to Cummins Diesel Engines for US, Canada

Hino Trucks announced it intends to produce model year 2022 Classes 6-8 trucks for the United States and Canada equipped exclusively with diesel engines from Cummins Inc.

March 16, 2021

VW Shares Soar on Plans to Beat Tesla

Volkswagen AG shares surged the most since a historic short squeeze a dozen years ago after back-to-back days of briefings on how it plans to supplant Tesla Inc. as the global electric vehicle leader.

March 16, 2021

Continental Bets on Automated-Driving Growth in Unit Overhaul

Continental AG will create a dedicated unit for its self-driving technology as the German automotive supplier hopes to benefit from rising sales for electric cars filled with electronic gadgetry.

March 16, 2021