Tag: industry news
Vietnamese automaker VinFast to open first of 30 California storefronts
Vietnamese automaker VinFast will have its first ribbon-cutting ceremony for a retail store in California on July 14. In just five years since its...
Hyundai COO José Muñoz sees strong potential in U.S. electric car...
The U.S is still behind Europe and China in the race to increase electrification. However, despite rising inflation, Hyundai Motor Company's Chief Operating Officer,...
Where is alternative fuel vehicle demand growing the fastest in the...
ISeeCars.com has revealed the results of its latest study called U.S. States with highest growth in hybrid/electric vehicle share, which shows the rural U.S....
Electric vehicle battery maker Northvolt announces $1.1 B funding boost with...
Volkswagen and Goldman Sachs Asset Management participated in a $1.1 billion funding round for electric vehicle battery maker Northolt. The funding will be used...
Michigan lawmakers approve $130 M funding for new EV center in...
Michigan lawmakers recently approved funding for a new EV training center — a total of $130 million. The University of Michigan's Ann Arbor campus...
Ford Motor Company posts quarterly sales uptick, EV sales jump 76.6%
Ford's overall U.S. market share increased to 12.9% in June as sales outperformed other automakers in the industry. Ford sales increased 31.5% over a...
Stellantis Q2 sales underwhelm with 16% drop YoY
Stellantis joins other automakers that have reported underwhelming sales and production this quarter. Vehicle sales by Stellantis are down about 16% in the second...
U.S. weighs option to roll back China tariffs to ease inflation
U.S. Treasury Secretary Janet Yellen and the Senior Economic Official in Beijing, Vice Premier Liu He of China, met earlier this week to discuss...
Tesla reports second-quarter vehicle production and delivery numbers
Tesla reported its 2022 second-quarter production and delivery numbers on Friday. According to the EV giant, deliveries took a tumble at 254,695, which is...
Ford and GM expected to surpass Tesla in EV sales by...
Bank of America has released its annual Car Wars Report, which evaluates automakers' success based on the introduction of new and updated vehicles. The study...
