Volvo chief warns competitors on moving too slow into EVs
Volvo will bookend its crossover lineup with two new electric models this year and will launch a new EV model every year for the next three or four years.
With Ouster and Velodyne merger done, CEO says automotive lidar needs to be solid state and cheaper
Ouster and Velodyne completed its merger of equals late last week.
Ford halts production, shipments of F-150 Lightning over potential battery issue
The automaker said a potential battery issue was discovered in a pre-delivery quality check and it’s unclear how long production or shipments will be delayed.
Car prices hit record high as automakers limit output
But for the typical American family, a new car is now just a distant dream.
BorgWarner names CEO, CFO of fuel systems, aftermarket spinoff
BorgWarner Inc. named two longtime executives to serve as CEO and CFO of the proposed spinoff of its fuel parts and aftermarket business, which will be known as Phinia Inc.