Declaring the U.S. must “move fast” to win the world’s carmaking future, President Joe Biden on Thursday announced a commitment from the auto industry to produce electric vehicles for as much as half of U.S. sales by the end of the decade.
Driverless Plus truck trundles along China highway
In the lead-up to a scheduled SPAC merger, Silicon Valley-based startup Plus tested one of its self-driving big rigs without a human backup driver aboard on a highway in China.
Energy Secretary Granholm, touring GM EV plant, touts Biden goal
Factory Zero, formerly called Detroit-Hamtramck Assembly, will soon begin building GM’s next generation of EVs, starting with the GMC Hummer pickup this year.
Carvana posts first profit as public company; inventory remains tight
The online used-vehicle retailer said it would have sold more vehicles if it had had more cars and trucks to sell, reflecting the low inventory situation affecting most auto retailers in the U.S.