Stellantis CEO Carlos Taveres stated that the pressure for legacy automakers to accelerate the shift to electric vehicles could threaten jobs and vehicle quality as traditional...
Tesla CEO Elon Musk has confirmed that Tesla’s non-unionized employees actually get paid on an hourly basis more than their unionized counterparts from General Motors. Musk’s...
It appears that the idea of General Motors CEO Mary Barra being a leading force in the automotive sector’s transition into electric vehicles is well embraced...
Tesla paid its $465 million loan from the US Department of Energy nine years early, and by doing so, the company had to pay an “early...
President Joe Biden gave plenty of props to General Motors CEO Mary Barra for starting the electric revolution in the United States automotive industry. In fact,...
US President Biden, Vice President Kamala Harris, and members of the current administration who are seemingly refusing even to mention the word “Tesla” may soon find...
Ford made several leaps forward in its push toward electric vehicles today. Ford CEO Jim Farley stated that the automaker has now doubled its electric vehicle...
President Joe Biden‘s “Build Back Better” plan was officially passed after the U.S. House of Representatives voted 220-213 in favor of the $1.9 trillion bill, which...
US President Joe Biden recently visited General Motors’ Factory Zero in Detroit, a site that the veteran automaker notes would be the centerpiece of a massive...
Tesla bull and CEO of ARK Invest Cathie Wood predicts that Tesla’s share in the total auto market could be up to 25% by 2026. Wood...
Rivian may only be starting its initial production activities, but the company has already announced some of its ambitious goals for the end of the decade....
UPDATED 1:13 PM EST: Revised IPO opening to 52% from 60%. Rivian Automotive (NASDAQ: RIVN) is set for its market debut today with an implied valuation...
Six major automakers will pledge to phase out the production of ICE vehicles worldwide by 2040, said the British government in a statement. Fossil fuel car...
Rivian Automotive Inc. is expected to price its initial public offering (IPO) later today, November 9, 2021. Morgan Stanley, Goldman Sachs, and J.P. Morgan currently stand...
General Motors’ Cadillac brand is set to eliminate around 40% of its U.S. dealerships and roll out a new electric SUV, hoping to ease into a...
Rivian is set to launch its initial public offering next week with a proposed valuation of just over $60 billion, according to a new report. Rivian...
General Motors CEO Mary Barra says the Detroit automaker is “absolutely” capable of catching Tesla’s EV market share in the United States by 2025. The GM...
Tesla executives highlighted during the recently held Q3 2021 earnings call that the company welcomes scrutiny from agencies such as the National Highway Traffic Safety Administration...
The Tesla Model 3 is the fastest-selling electric vehicle of all time, with over 24 units sold every hour, based on the vehicle’s average number of...
It seems like legacy automakers, including Toyota, Stellantis, Ford, and General Motors, are starting to embrace the EV transition. Detroit’s Big 3 and Toyota all announced...
