Booming demand for batteries powering the world’s shift into electric vehicles is rekindling U.S. cobalt production after at least a 30-year hiatus. Australia-based Jervois Global Ltd. is starting the first U.S. cobalt mine in Idaho on Friday, according to CEO Bryce Crocker. The mineral sits “at the top of the table” in terms of
Amazon.com Inc. is shutting down tests of its home delivery robot, the latest sign that the e-commerce giant is starting to wind down experimental projects amid slowing sales growth. Work on Scout, an autonomous machine launched about three years ago, has already been halted, according to a person familiar with the situation. Amazon spokesperson Alisa
Mini is developing an electric crossover to slot in below the Countryman. It was previewed in July by the Aceman concept and is expected to carry that name into production. We now have the first spy shots of a prototype. Acura’s ZDX nameplate is about to make a return, but not on a coupe-like crossover
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An employee works on the production line of semiconductor wafer at a factory of Jiangsu Azure Corporation Cuoda Group. China has stepped up investment into its chip industry in a bid to be self-reliant in crucial technology needed for electric vehicles, smartphones and more. VCG | Visual China Group | Getty Images U.S.-China tensions have
The new Porsche 911 GT3 RS is unlike any other before it, pushing its track-focused nature to new extremes in the relentless pursuit of performance. However, in essentially transforming the GT3 RS into a road-going GT3 race car, has Porsche made it a little less enjoyable to drive? Powering the new 911 GT3 RS is
MILAN — Automotive Cells Company (ACC) has picked Turin-based Comau to design and develop the battery module production lines for a gigafactory it is building in the French town of Douvrin. ACC, a joint venture of Stellantis, Mercedes-Benz and TotalEnergies, has a plan worth over 7 billion euros ($6.9 billion) to build three gigafactories in
1:11 PM ET Associated Press Santino Ferrucci will return to full-time IndyCar racing next season in A.J. Foyt’s flagship car after two seasons filling in as a substitute driver for other teams. AJ Foyt Racing said Thursday that Ferrucci will drive the No. 14 Chevrolet, which is fielded out of Foyt’s headquarters in Waller, Texas.
Drivers on the 405 Freeway in Orange County, California recently came across a bizarre sight as an Audi with front end damage was spotted riding on three wheels. The disbelief in Chad Towersey’s voice is immediately apparent as he pulls up alongside the crossover to find the front passenger side tire and wheel missing. Instead,
Johan de Nysschen is leaving his job as Volkswagen Group’s North American COO, saying he has “done everything I have set out to do here.” De Nysschen, 62, who previously worked for Audi, Infiniti and Cadillac, framed his departure from VW as a retirement from the auto industry after a three-decade career, indicating that he
Autonomous driving technology developer Mobileye will supply advanced driver-assistance systems and automated vehicle technology to three additional brands under Geely Holding Group. The three brands are set to launch electric vehicles next year, which will be fitted with its SuperVision technology, the Intel subsidiary said last week, without identifying the brands. The technology enables a
Volvo is preparing to reveal its electric replacement for the very successful XC90 SUV, the EX90, with the debut planned for October 9, just over a month from now. We’ve been given a glimpse at Volvo’s future design with last year’s Concept Recharge and we’ve also seen alleged patent renderings that seem to very credibly
In this article GM XOM OXY DE Follow your favorite stocksCREATE FREE ACCOUNT A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters Jennifer Grancio was among the leaders at Engine No. 1, the upstart investing firm focused on climate and energy transition, that bested ExxonMobil in a 2021 proxy contest upset
SEOUL — President Joe Biden has expressed willingness to continue talks with South Korea over recent U.S. legislation that denies subsidies to most foreign makers of electric vehicles, an official from Yoon’s office said on Wednesday. Biden gave the assurance in a letter to South Korean President Yoon Suk-yeol, who had asked the U.S. president
After ditching radar sensors from its electronic driver-assist features in 2021, Tesla is now in the process of eliminating ultrasonic sensors as well. It means Tesla’s driver-assist features like Autopilot and Full Self-Driving will have to rely exclusively on Tesla Vision, the company’s in-house developed camera-based sensing system. Tesla on Tuesday said it will end
9:30 AM ET Finding opportunities in F1 limited, Callum Ilott moved to IndyCar for the 2022 season. Brian Spurlock/Icon Sportswire via Getty Images Years from now, Callum Ilott just might be hailed as IndyCar’s pied piper. Fresh from a breakout season with the upstart Juncos Hollinger Racing team, the 23-year-old Englishman could be the agent of
Michigan officials have approved a bundle of incentives valued at $715 million for a $2.4 billion electric vehicle battery plant to be built by a Chinese manufacturer in the Big Rapids area. The incentives for Gotion Inc., given the green light Wednesday, include $175 million of funding from the Strategic Outreach and Attraction Reserve, according
By Maria Merano Posted on October 5, 2022 Tesla recently announced that it has 10,000 Superchargers serving owners in Europe. Tesla has more than 35,000 Superchargers worldwide, offering a recharge of up to 200 miles for around 15 minutes. EV chargers are necessary for the world to transition from fossil-fuel vehicles to all-electric battery-powered cars.