Mercedes to use Momenta software in 4 models, accelerate China comeback, sources say
Mercedes-Benz taps China's Momenta for ADAS tech, with $75M investment, aiming to regain market share in China by 2025.
Volkswagen India unit faces $1.4 billion tax evasion notice
Volkswagen shares fell as much as 2.13% on the Frankfurt stock exchange after Reuters reported the India tax notice.
India to expand EV manufacturing incentives after Tesla disappointment, source says
India's EV policy was originally designed to encourage Tesla to enter the market — but the automaker backed off from those plans earlier...
After fast start, electric cars need a recharge as range limits, cost leave some drivers skeptical
EV adoption in China thrives with government support, while the U.S. and Europe struggle with costs, infrastructure, and policy.
Vietnamese EV maker Vinfast reports $550 million Q3 loss
VinFast reported a $550 million net loss for Q3, an improvement from last year, with higher sales.
Biden administration will loan $6.6 billion to Rivian to build Georgia factory that automaker paused
The Biden administration announced a $6.6B loan to Rivian to build its fuel-efficient vehicles and work toward profitability.
Tesla racks up nearly 34 million metric tons of GHG emissions credits in 2023
Tesla sold 34M tons of GHG credits in 2023 as automakers faced record deficits amid stricter EPA emissions standards.
Hyundai unveils big electric SUV in fast-growing market
Hyundai's IONIQ 9 will roll out in the United States and Korea early next year with a range of more than 300 mile.
Awaiting Trump, US auto execs further temper EV push
US automakers may slow EV production as Trump targets Biden's climate policies, including the $7,500 EV tax credit from the Inflation Reduction Act.
UAW says majority of workers at Ford joint-venture battery plant sign union cards
A majority of workers at a Ford Motor battery plant in Kentucky have signed cards indicating their support for the United Auto Workers,...
