Rivian sticks to production forecast, posts second-quarter margin below estimates
Rivian maintained its production forecast but reported greater-than-expected losses per vehicle, despite revenue gains.
Waymo to expand autonomous ride-hailing service areas in LA, San Francisco
Waymo expands its autonomous ride-hailing service in San Francisco and Los Angeles, meeting rising customer demand.
GM’s Cruise looks to start charging for robotaxi rides next year: report
Cruise plans to resume fully autonomous rides by late 2024 and charge fares by 2025, despite regulatory scrutiny after a 2023 accident.
GM co-leads $39 million funding for EV battery materials startup Addionics
Innovative electrodes could provide faster charging and financial savings for carmakers, as GM funds Addionics through venture capital arm.
LGES cuts sales target on weak EV demand, flags US election risk
Shares in the company, which supplies Tesla, GM, Hyundai Motor and other automakers, fell as much as 2.6%.
LG Energy Solution in talks with Chinese firms to make low-cost EV batteries for Europe
South Korea's LGES is in talks with Chinese suppliers to produce low-cost EV batteries for Europe, a senior executive said
Strong US sales boost GM results as it slows some EV plans
GM posts strong Q2 profits with robust North American sales; slows EV expansion citing demand, delays Michigan plant.
GM, Ford profit may take a hit from cooling EV demand, US dealer software outage
GM and Ford may post lower profit when they report quarterly results this week, as the industry's high-stakes bet on EVs fails to...
Western miners push for higher metals prices to ward off Chinese rivals
There are growing calls from some policymakers and miners for a two-tier pricing system with a premium for sustainably produced metals
GM not reiterating 2025 1 million EV production capacity forecast
GM won't reiterate its goal of 1 million EVs in North America by 2025, citing market conditions, and will instead build to meet...
