Chip Shortage Set to Worsen as COVID Rampages Through Malaysia
The number of COVID-19 infections is surging in Malaysia, threatening to aggravate shortages of semiconductors and other components that have hammered automakers for months.
August 24, 2021Does Tesla Probe Signal a Get-Tough Era at NHTSA?
The National Highway Traffic Safety Administration’s investigation into a possible defect involving Tesla Inc.’s Autopilot may signal a more activist approach by the Biden administration to regulating technology that is crucial to the auto industry’s future.
August 17, 2021Pony.ai Reportedly Seeks Funds at $8 Billion Value Amid Listing Halt
Pony .ai is considering a new funding round that could give the self-driving startup a valuation of at least $8 billion after the company put its U.S. listing plans on hold, according to people familiar with the matter.
August 12, 2021Infrastructure Bill Moves Closer to Senate Passage After Delays
The U.S. Senate moved closer to passing a $550 billion infrastructure package after a drawn-out debate that pushed action into this week and left the status of several proposed changes unsettled.
August 9, 2021Automakers to Join Biden on Emission Cuts, EV Sales Goals
The Biden administration plans to announce new limits on greenhouse gas auto emissions and new electric-vehicle sales targets at an event with Detroit automakers at the White House on Aug. 5, according to several people familiar with the matter.
August 4, 2021Amazon Union Election Should Be Re-Run, US Labor Official Says
A federal official has recommended overturning the results of a union election at an Amazon.com Inc. warehouse in Alabama, giving the retail union an opportunity to reverse its defeat, according to people familiar with the matter.
August 3, 2021BHP Mulls Oil Exit in Retreat From Fossil Fuels
BHP Group is considering getting out of oil and gas in a multibillion-dollar exit that would accelerate its retreat from fossil fuels, according to people familiar with the matter.
July 20, 2021Slow Vaccine Rates for Seafarers Threaten to Worsen Shipping Chaos
Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime workers and potentially slowing economies trying to pull out of pandemic slowdowns.
July 13, 2021EU Plans Phaseout of Combustion Engine Era
The European Union is set to propose a switch to zero-emission vehicles and boost its renewable energy target in an unprecedented push to align its economy with more ambitious climate targets.
July 9, 2021Stellantis Nears Deal to Build Major EV Battery Plant in Italy
Stellantis NV is leaning toward building its third European battery plant in Italy after Chairman John Elkann met with government officials in Rome earlier this week, according to people familiar with the discussion.
July 7, 2021