By Joey Klender Posted on March 31, 2022 President Joe Biden has invoked the Defense Production Act to push for the production of materials domestically. The Act, which has been pushed over fifty times since its establishment in 1950, will provide companies with funding to push the responsible domestic mining and processing of materials needed
Month: March 2022
TURIN – Stellantis will have to soon close its van factory in Russia because it is running out of parts, CEO Carlos Tavares said. Stellantis had previously said it was suspending imports and exports of vehicles with Russia, following the invasion of Ukraine last month. It operates a factory in Kaluga, 150 km (93 miles)
11:30 AM ET Formula One cars will race under the lights down the Las Vegas strip in 2023 as part of a new event on the championship calendar, joining Austin and Miami as U.S. host venues. Las Vegas will hosts its event on a Saturday night in November, a rarity in an F1 calendar featuring
LOS ANGELES — American Honda Motor Co. is expanding its certified pre-owned program to include 10-year-old Honda and Acura vehicles. The extended programs, called HondaTrue Used and Acura Precision Used, are designed to draw younger, budget-minded shoppers to dealer lots. “We wanted to make it easy for new buyers to experience our brand,” Dan Rodriguez,
Porsche is looking to advance itself in the world of in-vehicle entertainment — at least at its in-house playground in Southern California. It’s now offering a virtual reality gaming experience — for passengers, not drivers — at its Porsche Experience Center in Los Angeles. The program, created in collaboration with the tech startup Holoride is
Elon Musk and fellow billionaires should pay it forward in taxes to support the next generation of entrepreneurs who can make a difference, Sen. Elizabeth Warren, D-Mass., told CNBC on Tuesday. “I’m happy to celebrate success, but let’s remember, Elon Musk didn’t make it on his own. He got huge investments from the government, from
Tesla has paused solar roof installations due to issues with getting its solar roof tiles. Now some clients will be left without a roof for months. Supply chain issues are affecting virtually every industry in the world at this point. When it comes to its auto business, Tesla was not without supply chain challenges, but
SHANGHAI — Volkswagen asked staff at its Shanghai plant to prepare sleeping bags and yoga mats so they can deploy a system that allows the automaker to continue to operate despite parts of the Chinese city being under a strict COVID-19 lockdown. The arrangement will enable the plant, which VW runs with local partner SAIC
Buick has filed a trademark application for a new logo, according to documents first spotted by CarBuzz. An application filed March 16, 2022, with the United States Patent and Trademark Office (USPTO) shows a variation of the automaker’s traditional tri-shield logo, which dates back to 1959 and has been mildly updated since then. The ring
11:42 AM ET The all-female W Series will have 10 races on the Formula support schedule this season, two more than originally scheduled, after announcing on Wednesday opening and closing double-headers in Miami in May and Mexico in October. This year will be the series’ third season, with Britain’s Jamie Chadwick chasing her third crown
A German court has awarded a Tesla Model 3 owner €69,000 ($76,800) in compensation after deciding that the car’s optional autonomous driving technology didn’t live up to the marketing promise. According to German publication the Spiegel, the Darmstadt Regional Court heard how the plaintiff had ordered his German-spec Model 3 with the optional Full Self
WASHINGTON — Major U.S. and foreign automakers on Wednesday backed the U.S. Environmental Protection Agency’s new tougher vehicle emissions regulations in a court challenge brought by some states and ethanol groups. Texas and 15 other states have challenged the EPA’s vehicle emissions rules that reverse a rollback of tailpipe rules issued under former President Donald
Waymo, Alphabet Inc.’s self-driving car unit, said it would begin offering rides in San Francisco without a driver behind the wheel, seeking to catch up to rival Cruise on its home turf. The driverless rides will be available only for Waymo staff to start, the company said Wednesday in a statement. Waymo also announced plans
Xiaodi Hou, Co-founder & CTO, TuSimple, on Centre Stage during day two of Web Summit 2019 at the Altice Arena in Lisbon, Portugal. Vaughn Ridley | Sportsfile | Getty Images Xiaodi Hou co-founded autonomous-driving startup TuSimple a few years ago, but he just took over as CEO and chairman of the board March 3. Why?
Hello and welcome back to another episode of EV Morning! You grab yourself a cup of something hot and settle in. On today’s show: Nio ET7 deliveries begin in China Tasty NHTSA fines are on the way Modified Electric Mini takes to hill climbs Polestar 2 test drives for Single Motor version. Don’t forget to
TOKYO — Parts supply disruptions continued to affect Japanese automakers’ global production for February, but the results released on Wednesday showed a clear contrast among them, with Toyota and Honda out in front. Toyota said its group, including Daihatsu and Hino Motors, produced 884,528 vehicles globally for the month, an increase of almost 11 percent
5:06 AM ET Former motor sport boss Max Mosley died of a gunshot wound in the bedroom of his London home last May after being told his cancer was terminal, an inquest heard on Tuesday. His family had said at the time that the 81-year-old, who was one of the most influential figures in F1
People driving on the A28 between Zwolle and Meppel, Netherlands, may see something a little odd today. A double-helix of tire marks extending farther than may have seemed possible is the result of a very expensive accident for the owner of a Lamborghini Aventador on Sunday. The driver, Rick van Stippent, is a Dutch millionaire
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