Tesla's Berlin factory set to get approval to start production
Tesla’s factory is designed to eventually make batteries and as many as 500,000 vehicles a year. It will give the EV maker a base in one of the world’s most competitive auto markets.
Ex-Nissan exec Greg Kelly found guilty in Tokyo, but gets suspended sentence
U.S. Ambassador to Japan Rahm Emanuel said: “We are relieved that the legal process has concluded, and Mr. and Mrs. Kelly can return home.”
Alan Ginsburg’s foundation gives $40 million to Nemours, Holocaust Museum, UCF
A $40 million gift will help correct health inequities, build a world-class Holocaust museum and promote inclusion at UCF.
There may be more to Rivian's price hike than materials costs
Rivian is claiming increased material costs, but it may also be trying to avoid selling the vehicles at a loss.
Experian auto finance data shows hybrid, EV share growth
Electric vehicles’ share of new-vehicle auto financing doubled to 4.6 percent of the market during the fourth quarter of 2021, up from 2.3 percent a year earlier and 1.3 percent two years earlier, according to Experian.