Month: November 2022

The father and son sentenced to serve time in a Japanese prison for smuggling Carlos Ghosn out of the country in a large musical-equipment case were transferred to the U.S. a week ago, ending another chapter of the corporate saga involving the former chairman of Renault and Nissan. Michael Taylor, the father and a former
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LOS ALAMOS, New Mexico — Hailed as a “magical” solution. Derided as a perennial fantasy. Embraced as an “earthshot.” Many have eyed hydrogen’s tantalizing potential as an abundant and pollution-free energy source for transportation and beyond. Jules Verne described a method in which “water will one day be employed as fuel,” and wrote hydrogen and
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In this article NKLA NKLA Follow your favorite stocksCREATE FREE ACCOUNT Nikola Motor Company Source: Nikola Motor Company Electric heavy truck maker Nikola said that it produced 75 trucks in the third quarter, and delivered 63 to dealers before quarter-end, generating enough revenue to beat Wall Street’s expectations. But the company trimmed its production guidance
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TOKYO — Nissan’s talks with alliance partner Renault are focused on optimizing their investment in electric vehicles and strengthening their competitiveness as equal partners, Makoto Uchida, the Japanese automaker’s CEO, said. Negotiations with Renault, also Nissan’s top shareholder, have less than two weeks remaining to meet a Nov. 15 target the automakers had set to
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Tesla CEO Elon Musk is staying the course with his promise of self-driving robotaxis within a few years, even as the auto industry is pulling back on autonomous-vehicle investments. But Tesla’s newest competitors — electric vehicle startups Rivian Automotive and Lucid Motors — are focusing their efforts on advanced driver-assistance systems that still require driver
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
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In this article STLA-IT Follow your favorite stocksCREATE FREE ACCOUNT Engines undergo a final inspection at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images Automaker Stellantis expects inflation costs on raw materials to subside next year following significant increases during the coronavirus pandemic, CFO Richard Palmer
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A demand problem taking root in the used-vehicle industry is forcing Carvana Co. further into cost-cutting territory. The Tempe, Ariz.-based online used-vehicle retailer said last week that a multitude of economic factors — including rising interest rates — are converging to disrupt consumer demand and hinder the sales volume growth the company had anticipated for
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The collapse of Argo AI, the consistent traffic problems created by Cruise’s hesitant self-driving test vehicles in San Francisco and the unfulfilled promise from Elon Musk to turn Teslas into robotaxis illustrate the difficulties facing the autonomous highway. Investors have poured $160 billion into the dream of autonomous transport over the last dozen years, according
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