Much has changed for auto suppliers in the three years since they last converged at a fully in-person CES in Las Vegas. The impact of the COVID-19 pandemic, the seemingly endless list of sourcing challenges the industry has dealt with and the accelerating shift to electric vehicles have forced suppliers to reexamine their supply chains
News
Electric bikes are becoming increasingly popular around the world. In the U.S. e-bike sales are outpacing electric and hybrid cars combined, according to the Light Electric Vehicle Association. “The level of ridership has almost doubled or more every year since 2015,” said Mike Radenbaugh, the founder and chairman of Rad Power Bikes. “And we see
When the Indy Autonomous Challenge racing series made its CES debut last year, the concept of self-driving cars traveling at speeds approaching 170 mph attracted considerable attention. “There was, I think, a lot of shock and awe that it was even possible in today’s day and age,” said Paul Mitchell, CEO of Energy Systems Network,
SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, June 13, 2019. Mike Blake | Reuters After shares of Tesla dipped by more than 10% on Tuesday deepening a year-long selloff, CEO Elon Musk told employees
Six years after personal tragedy inspired a mission to end distracted driving, Steve Kiefer said his foundation has made progress despite Michigan roads being as dangerous as ever. The Kiefer Foundation was launched after Kiefer’s son Mitchel was killed in a car crash caused by a distracted driver in 2016, shortly after he graduated from
In this article TSLA RACE-IT Follow your favorite stocksCREATE FREE ACCOUNT The Ferrari SP38 seen at Goodwood Festival of Speed 2022 on June 23rd in Chichester, England. Martyn Lucy | Getty Images This year wasn’t about which auto manufacturer stock performed the best. It was about which stock managed to escape the worst of the
8:48 AM ET McLaren CEO Zak Brown says the FIA is right to try to find a balance around drivers making political gestures at races as he feels protests and statements got “out of control” on several occasions in recent years. Motor racing’s governing body added a new article to its sporting code this month
SAN FRANCISCO — Tesla buyers who waited months for their new car have had an unusual choice for much of the past two years: keep the new electric vehicle, or sell it at a profit to someone with less patience. But the days of the Tesla flip are numbered — a potential threat to new
In this article TSLA TWTR Follow your favorite stocksCREATE FREE ACCOUNT Tesla’s sell-off intensified on Tuesday, with the stock closing down 11%. Elon Musk’s electric car company is days away from closing out its worst month, quarter and year on record and has moved past Meta to become the worst-performing stock in 2022 among the
8:48 AM ET McLaren CEO Zak Brown says the FIA is right to try to find a balance around drivers making political gestures at races as he feels protests and statements got “out of control” on several occasions in recent years. Motor racing’s governing body added a new article to its sporting code this month
CES will again serve as a global showcase for the latest innovations in transportation, from scooters to space technology. After a topsy-turvy two years in which COVID-19 stymied efforts to hold a large, fully in-person show, event organizers expect more than 100,000 attendees when CES kicks off Thursday, Jan. 5. In Las Vegas, those visitors
In this article NIO 9866-HK Follow your favorite stocksCREATE FREE ACCOUNT Chinese electric car company Nio delivered more than 5,000 cars in April despite Covid restrictions in some parts of China, albeit down sharply from nearly 10,000 vehicle deliveries in March. Future Publishing | Future Publishing | Getty Images Chinese electric vehicle maker Nio Inc.
Tesla Inc. is offering U.S. consumers $7,500 to take delivery of its two cheapest models before year-end, a move likely to foment more debate over the extent of the carmaker’s struggle with demand. The discount Tesla is dangling on new Model 3 sedans and Model Y crossovers is double what the company was offering earlier
CarMax Inc.’s fiscal third-quarter earnings miss fueled further concerns about the state of used-car affordability and a larger, lingering slowdown in the used-car market. Used-vehicle giant CarMax slowed its inventory purchases from consumers in light of steep market depreciation in wholesale prices in the quarter ended Nov. 30. Company leaders said the retailer increased its
McLaren Automotive is recalling 164 of its new Artura plug-in hybrid supercars in the U.S. for faulty nuts on high-pressure fuel pipes that can lead to a fuel leak. According to a safety recall report posted on the NHTSA website, if the nut becomes loose, “the seal between the end flare of the fuel pipe
In this article QS Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration the QuantumScape logo is seen on a smartphone and a pc screen. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Electric vehicle battery startup QuantumScape said Tuesday that it has begun shipping prototypes of its batteries to automotive customers,
Growing Morgan Automotive Group of Tampa, Fla., bought two Florida Kia dealerships from LMP Automotive Holdings Inc. last week and bought a Florida Stellantis store in a separate, unrelated November transaction. It marks the third dealership sale announced by small auto retailer LMP in three months. The Fort Lauderdale, Fla., company said in a Monday
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on Thursday, May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet The Treasury Department is delaying plans to issue proposed guidance for the sourcing of electric vehicle batteries for federal tax incentives