Workers at the Lava mobile phone manufacturing facility in Noida, India. Hindustan Times | Hindustan Times | Getty Images India wants to be the top manufacturer in Asia as companies shift away from China, but first it needs to lower taxes and improve supply chain efficiency if it wants to dethrone Vietnam. The U.S. has … Read more
Most innovators and investors tend to reject the term flying car. Instead, the acronym eVTOL, which stands for electric vertical take-off and landing, has taken off. Inventors have been fixated on the idea of “flying cars” for nearly as long as they have been on the road, with prototypes dating as far back as the … Read more
In the U.S., Tesla may be at the forefront of the electric vehicle revolution, but abroad, the carmaker has some serious competition. In China, the world’s largest EV market, Tesla has been losing ground to domestic automakers who are increasingly building better cars at unbeatable prices, and chief among them is Warren Buffet-backed BYD. In … Read more
Three Senate Democrats from auto manufacturing states on Thursday urged the Biden administration to hike import tariffs on Chinese electric vehicles to address national security risks, the latest push by lawmakers to protect the U.S. auto sector. Nathan Howard | Getty Images Three Senate Democrats from auto manufacturing states on Thursday urged the Biden administration … Read more
Vietnamese electric vehicle, or EV, maker VinFast on Thursday said its fourth-quarter net loss deepened 3.4% from the previous three months but it aims to nearly triple vehicle sales this year as it expands into new markets. Nhac Nguyen | Afp | Getty Images Vietnamese electric vehicle, or EV, maker VinFast on Thursday said its fourth-quarter net loss deepened … Read more
Your eyes aren’t fooling you — your car repair bill really is getting more expensive. Several factors are pushing costs up: heavier, more complex vehicles, new materials and manufacturing methods, a worsening dearth of talented technicians and pandemic-induced supply shortages. “Customers definitely are getting sticker shock,” said David Goldsmith, who owns Urban Classics, a repair … Read more
When Tesla unveiled its vision for an electric truck in November 2019, it shocked the world. The Cybertruck, featuring an unconventional design and clad in a custom stainless steel alloy, was equally captivating and divisive. Originally slated for a 2021 release, the company has struggled to get the truck to market, with Musk repeatedly emphasizing … Read more
United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on Oct. 6, 2023. Screenshot DETROIT — The United Auto Workers has filed unfair labor practice charges with the National Labor Relations Board against Honda Motor, Hyundai Motor and Volkswagen, accusing the automakers of unlawfully interfering … Read more
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