Germany’s auto industry must defend itself in moving to EVs

Germany for decades led on well-engineered combustion cars. It’s now facing a watershed year in the quest to retain an edge in the age of electric vehicles. Europe’s biggest economy is under growing pressure to retool dozens of fossil fuel-era factories employing tens of thousands of workers in a race for clean-technology leadership with the […]

Magna to build three plants to supply Ford Blue Oval City

Magna’s project is the latest example of a major supplier investing to alter its manufacturing footprint with an eye toward winning EV-related businesses as the industry’s electrification push continues. This is the third significant investment Magna has made in its battery enclosure manufacturing footprint in the past year. In that time, the company also committed […]

How carbon-neutral e-fuels could extend the life of the ICE vehicle

To be sure, e-fuel won’t be traveling through nozzles at public stations anytime soon. Refiners have a lot of work to do in perfecting high-volume methods to produce e-fuel in enough quantity and at a comparable cost to gasoline. And there are other issues, too. For example, producing e-fuel requires a lot of water, which […]

Buick Electra E4 goes on sale in China

Buick launched sales of its second Ultium platform-based electric vehicle, the Electra E4, this week in China, as General Motors continues to expand its lineup of EVs in a key market. The electric coupe, available in two- and all-wheel-drive versions, is priced from 189,900 yuan ($26,448) to 259,900 yuan, GM’s China unit said. It is […]

Tesla EV charging agreements with Ford, GM muddle standard

Two pathways are emerging as electric vehicle charging infrastructure expands across the US Automaker partnerships will determine whether those technologies will coexist or whether one will push the other out, like VHS and Betamax. Four months ago, the US was heading toward a standard way of charging EV with chargers other than those built by […]

Elon Musk’s politics play to potential EV buyers in red states

Mario Natarelli, managing partner of the MBLM marketing group, doesn’t see Musk’s political shift and controversial Twitter posts as an attempt to shift from “blue” liberal customers to “red” conservative shoppers. “I don’t buy the argument that Musk is trying to pivot to red customers,” Natarelli said. “To think that he’s doing it on purpose […]

Panasonic Confirms Third EV Battery Plant For The US

Japanese battery and electronic manufacturer Panasonic has confirmed it will build a third EV cell factory in the United States, according to Automotive Newsciting Panasonic Energy’s CEO Kazuo Tadanobu, who spoke at the company’s annual business strategy meeting yesterday. Currently, the Japanese electronics company operates a manufacturing facility along with Tesla at the EV maker’s […]

US judge throws out lawsuit against Elon Musk over Twitter

A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter shareholders several times last year in the course of buying the social media company for $44 billion. In a decision on Monday, US District Judge Charles Breyer in San Francisco said plaintiff William Heresniak lacked standing to sue because he […]

CarGurus COO: CarOffer digital wholesale platform remains solid

Editor’s note: CarGurus said it has the right to buy the rest of CarOffer but has not made a final decision to do so. An earlier version of this story said the company planned to move ahead with that transaction. CarGurus Inc., which acquired a majority stake in CarOffer in 2021, might proceed with plans […]

Polestar 3 electric crossover delayed again

Polestar now expects 2023 global sales volumes of 60,000 to 70,000, compared with its earlier forecast of about 80,000 units. Polestar delivered 51,491 units last year. “Given the tougher economic climate, it is difficult for us to compensate for the absence of the Polestar 3 volumes with an incremental Polestar 2 volume,” Polestar CFO Johan […]