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Automotive News Breaking News
Tue, 27 Oct 2020 04:00:01 PDT

The supplier said it has acquired a minority stake in AEye Inc. and the companies will jointly develop lidar sensors to ready them for automotive production by 2024.

Tue, 27 Oct 2020 02:19:56 PDT

Prime Planet, which is now the world's largest supplier of batteries for hybrid vehicles but lags in the EV market, is moving to standardize battery designs and is also helping to streamline operations of materials suppliers.

Tue, 27 Oct 2020 00:55:22 PDT

It will cost less to manufacture new models using the new platform and the vehicles will have a longer driving range, said BYD senior vice president Lian Yubo.

Mon, 26 Oct 2020 17:52:36 PDT

Ray Mikiciuk left American Honda in 2019 and worked for Victory Automotive Group before joining Volkswagen of America on Oct. 26 as senior vice president of sales.

Mon, 26 Oct 2020 15:31:47 PDT

Prosecutors in Stuttgart had looked at whether Winterkorn had manipulated markets by delaying the disclosure of VW’s emissions scandal in 2015.

Mon, 26 Oct 2020 13:00:37 PDT

The trade commission delayed the target date for its decision on the case to Dec. 10. An adverse ruling could lead to the import ban of SK Innovation's EV batteries and necessary components, potentially causing setbacks for Volkswagen and Ford.

Mon, 26 Oct 2020 12:08:56 PDT

Tesla ranked third from last among luxury brands, followed only by Cadillac and Genesis. Tesla scored a 520, 29 points lower than its score of 549 in 2019.

Mon, 26 Oct 2020 09:06:22 PDT

The automaker said in a regulatory filing that it projects spending could almost double in each of the next two years, rising to a range of $4.5 billion to $6 billion.

Mon, 26 Oct 2020 06:06:09 PDT

Musk’s total Tesla compensation package -- the largest corporate pay deal ever struck between a CEO and a board of directors -- includes about 101 million options, split into 12 installments, that could yield Musk more than $50 billion if all goals are met.

Mon, 26 Oct 2020 05:35:25 PDT

Polestar parent Zhejiang Geely Holding wants to open a factory with annual capacity of 30,000 premium EVs in Chongqing, China, Reuters reported.

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