Russian invasion is adding cost to EVs
The squeeze on critical raw materials coming out of Ukraine could translate to $8,000 in additional cost to build a Tesla Model Y crossover.
Bob Brockman willing to offer $1.45 billion to ease IRS liens
The former Reynolds & Reynolds CEO faces criminal charges that he evaded taxes on $2 billion in income and laundered money, as well as parallel civil claims. He has pleaded not guilty but also claims he isn’t competent to stand trial due to dementia.
CATL explores North America sites for $5B EV battery plant, report says
Backed by China’s strategic push into new-energy vehicles, the world’s biggest EV battery maker is riding a boom as countries aim to reduce carbon emissions and consumers embrace cleaner cars.
Mercedes lights up a U.S. EV battery supply chain
Mercedes has set the stage for the mass production of luxury electric vehicles in the U.S. And its massive Alabama plant will be key in taking the fight to EV kingpin Tesla.
Folsom Lake Ford, Folsom Lake Kia use RecovR to keep track of cars
Two independent, family-owned dealerships in Folsom, Calif., have been using a car-location and theft-prevention system called RecovR since May 2021.