TOKYO – Japan’s Panasonic Holdings Corp said on Monday it will start building its new battery plant in Kansas in November and aims to begin mass production by March 2025, targeting North America’s fast-growing EV market. The conglomerate’s energy unit said in July it had picked Kansas as the site for a new plant to
Month: October 2022
A Florida woman was arrested for grand theft following an investigation into a Chevrolet dealership‘s payroll. Ariel Rutenbeck, 32, was taken into custody Wednesday for allegedly altering payroll at Dimmitt Chevrolet in Clearwater, Fla., about 20 miles west of Tampa, according to an arrest affidavit from Clearwater Police Department. As one of two people with
The London Electric Vehicle Company, which makes the city’s battery-powered black cabs, plans to cut as many as 140 jobs in the UK as part of a plan to increase efficiency. LEVC, as it is known, is owned by China’s Zhejiang Geely Holding Group – the parent company of Volvo, Lotus, Polestar and others —
7:07 AM ET Daniel Ricciardo said he is talking to Formula One teams about a reserve role next year and that taking a break from racing could prove to be “a blessing in disguise.” The Australian finished seventh for McLaren in Sunday’s Mexico City Grand Prix and was voted Driver of the Day by fans
The Acura TLX Type S SH-AWD wants to be seen as a direct competitor to the BMW M340i xDrive, which is why there is a comprehensive side-to-side comparison on Acura’s official website. A closer look though reveals a mistake as the BMW’s engine is wrongfully described as a V6 instead of the inline-six that is.
In this article TSP Follow your favorite stocksCREATE FREE ACCOUNT TuSimple, partly owned by UPS, makes self-driving trucks, a technology that may be among the innovations to help lower longer-run inflation in the transport sector. Source: TuSimple Self-driving truck startup TuSimple has fired its CEO, Xiaodi Hou, after an internal investigation found improper dealings and
By Johnna Crider Posted on October 29, 2022 Elon Musk’s acquisition of Twitter has finally come to a close, and as he takes charge of the platform, some advertisers aren’t too happy. Citing his love for humanity, Elon Musk wrote a letter to Twitter’s advertisers emphasizing the importance of ad relevancy on Thursday. On Friday,
A Canadian auto retailer continued its Texas expansion in the fourth quarter, while three other companies added dealerships in third-quarter deals. Here’s a look at the deals involving domestic and import stores and dealerships in Texas, Missouri and Wyoming. One involves an auto retailer ranked on the Automotive News list of the top 150 dealership
Mining companies are going to great lengths to source the raw materials needed for electric vehicle batteries, even miles below the ocean’s surface. They are racing to tap into these seabed stockpiles, striking deals, developing mining processes and equipment and striving to be eco-friendly. Meanwhile, environmental groups want to slow the rush until more is
8:54 PM ET Max Verstappen refused to talk to Sky Sports at the Mexican Grand Prix due to what he perceives to be disrespectful coverage of his first F1 title win, saying “I’m not going to tolerate it anymore”. The reigning two-time champion did not talk to the UK broadcaster at the Mexico City race,
If the law doesn’t get you, karma will. That’s the conclusion we’re drawing from this video of a scooter rider getting a taste of his own medicine after trying to vandalize a police car in North Wales. The clip shows a police patrol car parked on a wet, urban street in Wrexham when a man
This earnings season has been a tough one for our big technology stocks — and as a result, we’ve lowered several of our price targets based on the companies’ latest quarterly reports, forward guidance and commentary. The current rising interest rate environment and the strong U.S. dollar — another 75-basis-point rate hike by the Federal
Los Angeles-based Icon meticulously modernizes classic cars, but sometimes it leaves a layer of patina intact. Those cars are called Derelicts, and the latest one is a 1971 Mercedes-Benz 300SEL. Set to make its public debut at the 2022 SEMA show in Las Vegas, the silver sedan may look slightly weathered on the outside, but
No need to get caught in the dark, trick-or-treaters: Portable power station leader BLUETTI is offering great deals on power generators, batteries, and solar panels. This Halloween sale is running until November 5 at 7:00 p.m. PDT. Don’t miss it, as these deals are a treat. You can find the full sale if you click
Record heat waves in California and severe hurricanes in Florida point to a weakness in electric vehicle adoption: How do people charge during extreme weather events when power may be lost? It’s not a theoretical question. California leads the nation in EVs. During a record Labor Day heat wave, state officials asked EV owners to
CHICAGO — It’s not the “great resignation.” The challenges in the U.S. labor market today can be better understood as the “great reassessment,” said Adam Robinson, CEO of Hireology, a recruitment technology company that works with auto dealerships. There is a broad rethinking happening about “what it means to have an employment relationship,” Robinson said
Lexus has launched its all-new RX SUV and we’ve driven it. Gone is the V6 of RXs past and in its place is a turbocharged and hybridized four-cylinder engine. Despite that sounding like a potential disappointment, we’re quite impressed by the new 2023 Lexus RX. Before getting our seat time in the latest version of
Tesla began clearing a German forest late Friday to expand its electric-car factory near Berlin, a key piece of the company’s growth plans for Europe. The automaker is working on an application to increase its storage and logistics capacity at its site in Gruenheide, a spokesman said early Saturday, confirming a report by the Maerkische
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