GM Advances Equitable Climate Action through New Collaborative with National Wildlife Federation
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President Biden Announces $900M for EV Charging at Detroit Auto Show
September 15, 2022 2:28 PM EDTU.S. President Joe Biden, at the Detroit Auto Show Wednesday, announced the approval for $900 million in federal funding for a nationwide electrical vehicle charging network. As part of a $1 trillion infrastructure law passed in November, the first $900 million will be used to finance the construction of EV chargers across 53,000 miles of the national highway system in 34... More
Tesla (TSLA) Halts Battery Production Plans in Germany as it Seeks U.S. Tax Credits
September 14, 2022 2:40 PM EDTAccording to an exclusive report by the Wall Street Journal today, electric vehicle giant, Tesla (NASDAQ: TSLA) has decided to put a pause on the companys plans to make battery cells in Germany. The electric vehicle giant has been working to produce its own batteries and has discussed shipping equipment intended for use in Berlin to the US for domestic use.
According to the report, citing people familiar with the matter, Tesla is looking at qualifying for U.S. electric... More
General Motors (GM) Holds Investor Cruise Event; Announces Austin and Phoenix Expansion
September 13, 2022 11:05 AM EDTGeneral Motors (NYSE: GM) hosted an investor event focused on their autonomous unit, Cruise. The event featured demonstrations and discussions as well as rides in the Cruise autonomous vehicles.
Wells Fargo analyst, Colin Langan wrote in a note about his experience, saying During our Cruise test ride, the vehicle had trouble ending our trip at our final destination and rerouted twice before I decided to partially open the door, which prompted the vehicle to... More
