Reuters - Autoblog

Stellantis invests more than $100 million in California lithium project

The automaker says half of its fleet will be electric by 2030

GM backs EV battery startup Mitra Chem with cheaper materials in focus

Future batteries could be less expensive and more sustainable

Fisker will adopt Tesla's NACS EV charging connector by 2025

An adaptor will be provided for customers who still want to use CCS chargers

Biden urges automakers, UAW to make 'a fair agreement'

'The UAW deserves a contract that sustains the middle class'

Weak yen gives Japan's automakers familiar, though temporary, relief

A weak yen has traditionally lifted profits for Japan's big exporters

Audi manager expects ongoing chip shortage in German car industry

Factories take time to build

BYD calls on China automakers to unite, 'demolish the old legends' in global push

A nationalistic rallying cry to a dozen brands — from the company that just beat VW

Vietnamese EV maker VinFast gets go-ahead for Nasdaq IPO stock listing

SPAC deal is 'a vote of confidence' in its expansion plans, the company says

China EV brand Zeekr to launch its first luxury sports car

Priced at double anything the Geely-owned brand sells currently

Honda posts 78% rise in Q1 profit on U.S. sales jump

Automaker beats estimates, even amid chip shortages in some markets

Apollo leads deal for trucking firm Yellow's bankruptcy loan

Yellow is the third-biggest trucking company in the U.S.

Electric truck company Nikola names its fourth CEO in as many years

Stock prices reflect the turmoil

Lucid Air prices slashed amid heating competition

Some versions see a cut of more than $12,000

GM vows to boost jobs next year despite EV shift

Ford and Stellantis on the other hand are expecting fewer manufacturing jobs

Fisker cuts output forecast on lingering supply chain woes; loss narrows

The company now expects to produce between 20,000 and 23,000 vehicles in 2023

Tesla faces class action lawsuit in California over its EV range claims

The lawsuit alleges Tesla breached vehicle warranties and engaged in fraud and unfair competition

VW in talks with Leapmotor on tech tie-up for Jetta brand - China media

Leapmotor wants to license its in-house platform to other automakers. VW may be interested

Subaru targets 600,000 EV sales per year by 2030

That would be around 50% of all global sales

Lamborghini could sell 10,000 vehicles this year

The United States is Lamborghini's largest single market

Exxon posts 56% profit slump, joins peers in energy price hit

Will gas prices follow?

BYD tells India partner it wants to drop $1 billion EV investment plan-sources

BYD and its partner submitted a proposal to the Indian government in April