MILAN, March 17 (Reuters) - Automaker Stellantis (STLAM.MI), opens new tab is investing 38 million euros ($41 million) in its Verrone plant in Northern Italy to manufacture parts for electric engines for its upcoming small-size models, it said on Monday.
Oregon and nine other states recently achieved a collective goal of shifting new car buyers toward electric rather than gas-powered vehicles in an effort to reduce pollution and combat climate change.
Battery electric vehicles (BEVs) sales and interest have increased since their market introduction and they offer significant opportunities to reduce the US dependence on foreign energy sources as well as lower consumer operating costs and tailpipe criteria pollutant emissions. One of the particular question from BEV shoppers and current owners is the impact of extreme ambient temperature and weather events on vehicle range. A study performed by the U.S. Department of Energy’s (DOE) Argonne National Laboratory and published by the DOE’s Vehicle Technologies Office in a program record...Read More
Toyota’s $14 billion battery plant in North Carolina is ready for business. The facility will begin shipping out batteries next month, and it looks like Toyota already has its first customer.
According to a new Nikkei report, starting in fiscal 2025, Toyota will supply batteries for the roughly 400,000 Honda hybrids sold in the US.
A new overarching foreign policy priority has come into focus as President DONALD TRUMP looks to resolve global conflicts: boosting U.S. access to critical minerals.
From Ukraine to Congo, the Trump administration is pitching or pursuing deals that would grant American companies exclusive economic rights to critical mineral resources of countries embroiled in conflicts in exchange for vague security guarantees and assistance in post-conflict rebuilding.
Mercedes-Benz said on Thursday that the latest version of its least expensive sedan would be available first as an all-electric car and then as a hybrid. And the company will no longer sell a gasoline-only version of the car.
Ford is investing billions in Europe as it struggles to keep pace with the wave of Chinese and other low-cost EVs hitting the market. With another 4.4 billion euros ($4.8 billion) in funding, Ford looks to turn things around, but it’s also calling on lawmakers to do more.
YOKOHAMA, Japan (AP) — The van makes its way slowly but surely through the city streets, braking gently when a car swerves into its lane. But its steering wheel is turning on its own, and there’s no one in the driver’s seat.
As President Trump puts new tariffs on goods from China and threatens a trade war with allies like Mexico and Canada, one global company is likely to suffer less than most of its competitors: Tesla.
WASHINGTON, March 6 (Reuters) - The Government Accountability Office said on Thursday the Biden administration's approval of California's landmark plan to end the sale of gasoline-only vehicles by 2035 is not subject to review and potential repeal by Congress.
