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LONDON — U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. But so far, China's top EV maker, BYD, has dramatically hiked export prices compared to what it charges at home rather than undercut foreign rivals.
General Motors will officially end production of the Chevrolet Malibu this fall, The Detroit News reported Wednesday, after years of uncertainty and rumor following GM's quiet acknowledgement that it was getting out of the four-door business for good. Cruze production <a href=«https://www.autoblog.com/2019/03/06/gm-lordstown-last-chevy-cruze/» data-ylk=«elm:context_link;itc:0;pos:1;sec:donut-hole;cpos:7;» data-rapid_p=«24» data-v9y=«1»>ended in 2019
BEIJING — U.S. automaker Tesla sold 62,167 China-made electric vehicles in April, down 18% from a year earlier, lagging the broader market's surge, China Passenger Car Association (CPCA) data showed on Tuesday.
Electric-vehicle maker Tesla has launched another round of layoffs including staff from the software, service and engineering departments, Electrek reported on Monday, citing emails and sources familiar with the matter.
Rivian Automotive said on Thursday it has received $827 million in an incentive package from the State of Illinois to expand operations at its Normal facility.
DETROIT — The U.S. government has loosened some rules governing electric vehicle tax credits a bit, potentially making more EVs eligible for credits of up to $7,500.
AUSTIN, Texas — Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales and rising competition.
A week after a CarBuzz report that Toyota planned to expand PHEV availability in the U.S. market and possibly offer an electric Toyota Highlander in the near future, Automotive News reports Toyota's pledged $1.4 billion to the Princeton, Indiana plant that builds the current Highlander, Grand Highlander, Sienna minivan, and Lexus TX that's the luxury arm's version of the Grand Highlander. The money will pay for three items at Toyota Motor Manufacturing Indiana (TMMI), the first being the assembly of «an EV on the line that now builds the Sienna and Highlander» beginning in 2026. A Toyota executive told the outlet that the EV in question would be «chassis-based,» excluding the use of a skateboard architecture.
While the Ram 1500 received a significant update, entering its fifth generation in the 2019 model year, the automaker continued selling the older model alongside it under the Ram 1500 Classic name. The Classic, which is only sold in two configurations in the U.S., is leaving the Canadian market, as Ram recently announced that it had stopped building the model for buyers north of the border.