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Toyota to build plant in N.C. capable of making up to 1.2M batteries a year

6 December 2021

The $1.3 billion plant will eventually make batteries for as many as 1.2 million hybrid, plug-in hybrid and BEVs per year, the automaker said. [...]

VW said to settle power struggle, Diess to remain CEO

6 December 2021

The run-up to VW's supervisory board's meeting to agree on a five-year investment plan has been clouded by uncertainty over whether Diess will remain in his position. [...]

Ford delays return-to-office plans until March

6 December 2021

The automaker will begin phasing in some salaried workers in February amid concerns over the omicron variant of COVID-19. [...]

Tesla faces U.S. probe over whistleblower claims on solar panel defects

6 December 2021

The SEC investigation raises regulatory pressure on the world's most valuable automaker, which already faces a federal safety probe into accidents involving its driver assistant systems. [...]

McLaren names Nicolas Brown president of Americas

6 December 2021

McLaren has given Nicolas Brown the post of president of the Americas at a moment of strong demand and profitability. [...]

Lucid receives subpoena from SEC related to stock deal

6 December 2021

The deal, which was completed earlier this year, was with veteran dealmaker Michael Klein's blank-check acquisition firm. [...]

Tesla wants court to affirm arbitrator's ruling in engineer's defamation case

6 December 2021

The former engineer, Cristina Balan, said she would seek to vacate the arbitration award "due to fraud, corruption, bias ... and manifest disregard for the law." [...]

Nissan returns to the Super Bowl for the first time since 2015

6 December 2021

Brie Larson will star in the spot, called ‘Thrill Ride.’ [...]

EVs' global supply chain isn't so pretty

6 December 2021

Electric vehicle production plans are taking shape around the world. But the industry still relies on some unsavory sourcing. [...]

The latest numbers on the microchip shortage: Getting a little better

6 December 2021

Automakers are still shaving back production plans due to semiconductor shortages, but the worst-case scenario for North America just got a tiny bit better. [...]