BMW Ramps Up Move to Electric Cars
FRANKFURT, Germany — BMW intends to speed the rollout of new electric cars, vowing to bring battery-powered models to 50% of global sales by 2030, the German automaker said March 17.
March 17, 2021VW Shares Soar on Plans to Beat Tesla
Volkswagen AG shares surged the most since a historic short squeeze a dozen years ago after back-to-back days of briefings on how it plans to supplant Tesla Inc. as the global electric vehicle leader.
March 16, 2021Foxconn Mulls Making EVs at Wisconsin Plant
TAIPEI, Taiwan — Foxconn Technology Group, the world’s largest electronics manufacturer, is considering making electric vehicles at its highly anticipated Wisconsin plant that has been scaled back since its announcement in 2017, the company’s chairman said March 16.
March 16, 2021Electric Last Mile Gets 45,000 Van Orders Amid E-Commerce Boom
Electric Last Mile Inc., the plug-in delivery van startup that’s in the process of merging with blank check company Forum Merger III Corp., said it has 45,000 preorders and will start production at the former Hummer plant in Indiana in the third quarter.
March 16, 2021Automakers Embrace EVs, but What About Buyers?
DETROIT — The world’s major automakers have made something abundantly clear: They believe electric vehicles will dominate their industry in the years ahead. But do customers feel the same way?
March 15, 2021Diesel Climbs 4.8¢ to $3.191 a Gallon
The national average price for a gallon of diesel rose 4.8 cents to $3.191 a gallon, according to data released by the Energy Information Administration on March 15.
March 15, 2021GM-Backed Cruise Buys Self-Driving Startup Voyage
Cruise, the self-driving technology company that’s majority-owned by General Motors Co., said it acquired autonomous-vehicle startup Voyage, which operates a service in retirement communities.
March 15, 2021Tesla Names Jerome Guillen President of Heavy Trucking
Tesla Inc. said Jerome Guillen, who’s been president of automotive since September 2018, transitioned last week to president of Tesla heavy trucking.
March 15, 2021Gov. Tom Wolf Seeks Overhaul of Pennsylvania’s Highway Funding
HARRISBURG, Pa. — Amid a deepening stalemate over financing highways and public transit, Gov. Tom Wolf on March 12 proposed phasing out Pennsylvania’s gasoline tax, the second-highest in the nation, and appointed a commission to recommend alternative ways to pay for the state’s needs.
March 15, 2021VW Plans Europe’s Biggest Battery Push in Electric Offensive
Volkswagen AG is stepping up its game to become the world’s biggest electric car maker with a plan to build six battery factories in Europe and global investments in charging stations.
March 15, 2021