German auto supplier Bosch cut its stake in Nikola to 4.9 percent, down from 6.4 percent in June.
Continue Reading the above article 'Nikola strategic partner Bosch reduces ownership s...
The incident reflects the strain automakers are under as governments from the UK to China prepare to phase out combustion engines entirely.
Continue Reading the above article 'Aston Martin CEO distances himself from questionab...
The supplier is one of three lidar makers to choose a merger with a special-purpose acquisition company to access public markets. All three are vying to supply automakers with a sensor that could help them add autonomous driving features.
Continue Reading the above article 'Luminar Technologies becomes public company as lid...
Raising money for EV startups through special purpose acquisition companies could present risks, said Mate Rimac, the founder of the Croatian electric hypercar maker.
Continue Reading the above article 'Rimac says SPAC funding hype could damage industry...
Overall, fortunes of the handful of people tracked by Bloomberg in the EV industry have increased by more than $140 billion -- including Elon Musk’s $111 billion surge in recent months.
Continue Reading the above article 'EV gold rush grows beyond Elon Musk's $139 billion...
The Alibaba-backed company will have a fleet of 25 driverless vehicles in Shenzhen and five in other cities to test the technology.
Continue Reading the above article 'AV startup AutoX starts driverless testing...
Bernd Pischetsrieder will become chairman as the Mercedes-Benz owner navigates through a seismic industry transformation.
Continue Reading the above article 'Daimler proposes ex-BMW, VW CEO Pischetsrieder to ...
Japan may align with countries such as the UK, Germany and China that plan to introduce curbs on fossil-fuel vehicles.
Continue Reading the above article 'Japan may ban sales of new ICE vehicles in mid-203...
Francis joins the alliance from railroad giant CSX Transportation where he was head of federal affairs.
Continue Reading the above article 'Alliance hires Garrick Francis to lead federal aff...
Asbury Automotive Group detailed features of its new digital retailing program, Clicklane, and rolled out a plan to grow revenue to $20 billion by 2025.
Continue Reading the above article 'Asbury launches Clicklane digital retailing tool, ...