CEO Elon Musk told investors last week that Tesla has secured access to 10,000 acres of lithium-rich clay deposits in Nevada and planned to use a new, “very sustainable way” of extracting the metal.
Continue Reading the above article 'Tesla signals it may mine its own lithium, report ...
The funds will help Northvolt expand its production and R&D activities as it gears up to start churning out battery cells next year. The company was founded by former Tesla executives.
Continue Reading the above article 'Battery-cell developer Northvolt draws backing fro...
The fatal 2018 crash in Schoharie, N.Y., prompted nationwide debate about the lack of regulation of the stretch limousine industry because the vehicles are usually personal vehicles that are altered to add capacity.
Continue Reading the above article 'U.S. implored to close stretch limo loopholes in N...
In announcing the move, the German steel supplier warned that the vehicle market remained extremely challenging.
Continue Reading the above article 'Thyssenkrupp to cut 800 jobs at automotive busines...
The former Nissan chairman is working with the business school at the Université Saint-Esprit de Kaslik north of Beirut to develop programs to coach executives, offer technology training and help startups to create jobs. Ghosn fled Japan, where he was facing trial, to Lebanon in December 2019.
Continue Reading the above article 'Carlos Ghosn launching business program with Leban...
The contract is valued at over $300 million and Karma will help design, engineer and manufacture the vehicles in its southern California factory near Los Angeles, the firms said in a joint statement.
Continue Reading the above article 'EV makers AYRO, Karma team up to manufacture deliv...
John Elkann, head of Fiat Chrysler parent Exor, will be Stellantis chairman, with Robert Peugeot as vice chairman. PSA CEO Carlos Tavares will be a board member.
Continue Reading the above article 'FCA's Manley excluded from board of merged co...
The suppliers took part in bid-rigging activity, or cartels, with Magna to supply parts for Mercedes and BMW cars. Magna escaped a fine for informing the EU.
Continue Reading the above article 'German suppliers Brose, Kiekert fined $21M over bi...
The redesigned pickup, on sale in November, will be able to tow up to 14,000 pounds and haul 3,325 pounds. Ford says both figures will top the light duty fullsize pickup segment.
Continue Reading the above article 'Ford F-150 hybrid to produce 430 hp, record 570 lb...
Toshiaki Ohnuma , who managed Nissan’s secretariat overseeing executive compensation, is one of at least two employees who took a plea bargain to escape prosecution in exchange for testifying against Greg Kelly and Carlos Ghosn.
Continue Reading the above article 'Key Nissan witness in Kelly trial admits trying to...