Tesla Inc.’s $2.6 billion acquisition of SolarCity in 2016 was “entirely fair” to shareholders, Delaware’s top court ruled, upholding the dismissal of an investor lawsuit and sparing Elon Musk from a potential multibillion-dollar hit. The Delaware Supreme Court on Tuesday ruled that negotiations over the deal “were conducted at arm’s-length, in good faith, with the
Month: June 2023
WASHINGTON — A group advocating for consumer and roadway safety is urging NHTSA to include bicycle detection in a proposed rule-making on automatic emergency braking. Advocates for Highway and Auto Safety — a consortium of consumer, public health and safety groups as well as insurance companies — said performance standards in the agency’s proposal “must
With electric vehicle adoption accelerating, so too is the need servicing public charging stations. Unlike fixing an old gas pump, some companies are using technology to both service and learn from the stations, to improve EV charging technology. More than one-quarter of public EV charging stations were found to be nonfunctioning, according to a survey
Acura is set to revive its ZDX nameplate for a mid-size electric SUV due in early 2024, and the automaker on Tuesday announced that the vehicle will arrive with embedded Google apps. This will be a first for an Acura, and the automaker said it will be included on all ZDX grades. It’s a move
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Ferrari has no plans to purchase other sports car makers, the company’s CEO Benedetto Vigna said on Monday. “I don’t think it makes sense for us to buy other supercar makers,” Vigna said during a conference organized by Bloomberg, replying to a question about possible M&A operations by the Italian company. “Ferrari is a high luxury
Laurence Edmondson, F1 EditorJun 4, 2023, 01:05 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 MONTMELO, Spain — After finishing second at the Spanish Grand Prix, Lewis Hamilton said he will meet with Mercedes team boss Toto Wolff on Monday in the hope of advancing his contract talks for next
Watch Milwaukee Drivers Go Flying Over A Giant Speed Hump | Carscoops Turns out that if you hit a speed bump going too fast, it might turn into a ramp, as this TikTok video shows https://www.carscoops.com/author/sebastien-bell/ by Sebastien Bell 4 hours ago by Sebastien Bell A Milwaukee resident named Marcus Powell has caused his street
Vehicle battery manufacturer Clarios is shifting some production out of a striking plant near Toledo, Ohio. More than 400 members of UAW Local 12 have been on strike at the plant since May 8. Beginning this week, the Ford and General Motors supplier is shifting some production from the Holland, Ohio, plant to a factory
The world contains vast quantities of lithium, an integral element in electric vehicle batteries. And though lithium is commonly mined from hard rock, the majority of the world’s lithium reserves are actually found in brine, extremely salty water beneath the Earth’s surface. Today, brine mining involves evaporating the brine in massive, extravagantly colored pools over
1 of the 4 original Plymouth Rapid Transit System Caravan traveling road show cars, with only 967 miles! Watch Mecum Auctions on MotorTrend TV and MotorTrend+ ➡️ https://bit.ly/3CwcM2a #MecumIndy #Mecum #MecumAuctions #WhereTheCarsAre #MecumOnMotorTrend MotorTrend is the ultimate streaming destination for gearheads coupled with the latest automotive research and news. Get a fast, simple, and free
A standard-range Tesla Model 3 can cost less than half its MSRP in certain California districts. The base rear-wheel-drive Model 3 with 272 miles of EPA-estimated range, and 0-60 miles per hour time of 5.8 seconds, starts at $40,240. Factor in California’s two possible tax credits, along with the federal tax credit, and that Tesla
One of China’s top battery-makers reckons it has cracked a technology to provide even cheaper and more powerful packs for electric vehicles. Gotion recently unveiled a lithium-iron-manganese-phosphate battery — LMFP for short — which it says will power an EV for 1,000 kilometers (621 miles) on each charge. Until now, it’s largely the more expensive
Jun 5, 2023, 12:41 PM ET Basketball great LeBron James will be the official starter when the 24 Hours of Le Mans sports car race celebrates its centenary this weekend, organizers of the endurance classic said Monday. The Los Angeles Lakers forward, the NBA’s leading career scorer and a four-time champion, joins a list of
Skoda’s Enyaq Coupe Respectline Is All Shades Of Fabulous | Carscoops The colorful Enyaq Coupe Respectline celebrates Pride Month and is designed to convey a message of respect for all people and the environment https://www.carscoops.com/author/mikecarscoops-com/ by Michael Gauthier 14 seconds ago by Michael Gauthier Conservatives are attacking Ford’s Very Gay Raptor, but that hasn’t stopped
A gaggle of May sales reports from different regions and companies affirm that the slump in demand for new vehicles that at least some industry executives feared has not happened – so far. In China, BYD boosted sales by 14 percent in May compared to April, according to preliminary figures from the China Passenger Car Association.
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Line workers work on the chassis of full-size General Motors pickup trucks at the Flint Assembly plant on June 12, 2019 in Flint, Michigan. JEFF KOWALSKY / AFP / Getty Images DETROIT – General Motors plans to invest more than $1 billion in two Michigan
After the first three rounds of the 2023 Formula One World Championship, Red Bull Racing is already in a dominant position with its two drivers at the top of the Drivers’ Championship, and the team sitting on close to double the points of the next best team in the competition for the Constructors’ title. Reigning
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