Samsung’s automotive battery division is planning to expand a pair of factories in suburban Detroit by 218,000 square feet in a $41 million move that would add 368 jobs. Samsung SDI America Inc., which has its North American headquarters in Auburn Hills, Mich., would add to its 628 employees in Michigan with the new positions,
Month: September 2023
In this article F RIVN Follow your favorite stocksCREATE FREE ACCOUNT Rivian Automotive (RIVN) shot up 6% on Tuesday after Wall Street analysts made an upbeat call on the electric vehicle maker. Baird named Rivian a “bullish Fresh Pick,” expecting third-quarter deliveries to beat estimates, citing improving margins at the company and stronger underlying demand
About two years ago, Honda built a pint-size electric car called the Shogo to help ease some of the stress and anxiety of children staying at hospital, in this case the Children’s Hospital Of Orange County in California. The plan was always to build more Shogos, the name derived from a Japanese phrase and intended
PARIS — Renault is ending its common purchasing agreements with alliance partners Nissan and Mitsubishi with a view to having a more agile structure that can make decisions more quickly. The move is aimed at better adapting to automotive markets that are becoming more regional due to differences in regulations, such as over electrification and
Ryan McGee, ESPN Senior WriterSep 26, 2023, 11:46 AM ET Close Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year To celebrate NASCAR’s 75th anniversary, we’re detailing our 75 favorite things about the pinnacle of stock car racing. Illustration by ESPN We are closing in on
Viral Video Shows Wild NYC Police Car Chase That Could Have Ended In Disaster | Carscoops A viral video of a driver appearing to escape from a police chase through the busy streets of New York City appears to belong to a genre of video game-inspired streaming 3 hours ago A viral YouTube video has
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
AutoNation Inc. has followed two rivals into the bidding war for Pendragon, the large auto retailer in the United Kingdom that just a week ago looked poised to be sold to Lithia Motors Inc. In a Tuesday regulatory filing, Pendragon said it received an unsolicited proposal from AutoNation to acquire the company for 32 pence,
President Joe Biden speaks next to Shawn Fain, president of the United Auto Workers, as he joins striking members of the union on the picket line outside GM’s Willow Run Distribution Center in Bellville, Michigan, Sept. 26, 2023. Evelyn Hockstein | Reuters President Joe Biden joined United Auto Workers members Tuesday on the picket line
British and European Union officials will meet on Wednesday to discuss post-Brexit plans to slap a tariff on electric vehicles from the U.K., as a deadline on whether to delay the move nears. EV rules of origin, which are due to be phased in for trade between Britain and the bloc and have become key
Aston Martin’s Jess Hawkins became the first woman in nearly five years to drive a contemporary Formula One car at an event in Budapest last week. Stunt driver Hawkins, who is signed to the team in a ambassadorial capacity, drove 26 laps in the team’s 2023 car at the Hungaroring circuit which hosts the Hungarian
Honda Shogo Kid-Sized EV Will Reach More Hospitalized Children Across The U.S. | Carscoops Honda Performance Development will manufacture 60 units of the Shogo, set to reach US hospitals this fall 4 seconds ago Honda has harnessed the skills of its racing engineers for a noble cause – bringing joy to young patients. This was
Ford Motor Company has halted construction of its $3.5 billion battery cell plant in Marshall, Michigan, effective September 25. The automaker cited concerns about its ability to competitively run the plant at a time when it is engaged in broader contract negotiations with the United Auto Workers (UAW) labor union. The decision comes after months
An armed man shot and killed a female employee at a Calif. dealership last week, authorities said. The suspect was later shot and killed by police. The shooting occurred at Toyota of Berkeley Certified Service Center last Thursday, according to a statement released by Berkeley Mayor Jesse Arreguín. The shooting was an act of domestic
BEIJING — Europe has launched an investigation into Chinese electric vehicle subsidies, but no assumptions should be made about the probe’s outcome, the head of trade for the European bloc’s executive branch said Tuesday. About two weeks ago, the European Commission announced an investigation into government subsidies for EV makers in China. The probe focuses
Porsche continues to fill out it the latest Cayenne lineup with plug-in models. On Monday, the 2024 Porsche Cayenne S E-Hybrid debuted as the third plug-in variant of the automaker’s crossover SUV. When it arrives at dealers next spring it will split the difference between the Cayenne E-Hybrid and Cayenne Turbo E-Hybrid at $100,750 including
In a blow to labor interests, California Gov. Gavin Newsom vetoed a bill Friday that would have essentially prohibited self-driving trucks from traveling on the state’s public roads. Assembly Bill 316 would have mandated autonomous trucks carry a human backup driver behind the wheel, a stipulation that autonomous-vehicle executives bemoaned would negate the purpose of
By Simon Alvarez Posted on September 24, 2023 Tesla shared a rather impressive update on its Optimus program over the weekend. In a short video posted on social media, Tesla demonstrated some of Optimus’ current capabilities, such as its self-calibration procedures and its ability to sort items using a vision-based system. Tesla also demonstrated how
BERLIN — Mercedes-Benz has applied for tax breaks for potential projects at two of its U.S. plants under the Inflation Reduction Act. “We have decided to participate in the application process for production-related tax relief” under the IRA for the plants in Alabama and South Carolina, a company spokesperson said on Monday. German daily Handelsblatt,
Associated Press Sep 25, 2023, 09:20 AM ET IndyCar will return to the Milwaukee Mile next season, and Texas Motor Speedway is off the calendar for the first time since 1997 in the 2024 schedule released Monday. The 17-race schedule features two Saturday night races, a $1 million all-star race in Southern California, 12 races
Concrete Truck Crushes Through Wooden Bridge With 4-Ton Weight Limit | Carscoops The truck likely weighed in excess of 20 tons and recovering it took workers more than three full hours September 25, 2023 at 19:34 In the battle between wooden bridges and loaded concrete trucks, we have another decisive victory. Now, the residents of
Porsche will switch its flagship model — the Cayenne crossover — to battery power in 2027. Meanwhile, the sports car maker is broadening the nameplate’s lineup with plug-in hybrid offerings. The 2024 Cayenne S E-Hybrid, available in coupe and crossover body styles, will be the third electrified Cayenne model when it arrives in the U.S.
U.S. President Joe Biden hosts a summit with Pacific islands leaders at the White House in Washington, D.C., Sept. 25, 2023. Leah Millis | Reuters WASHINGTON — President Joe Biden‘s decision to join striking United Auto Workers in Detroit, Michigan, on Tuesday was not influenced by former president Donald Trump’s planned visit Wednesday, White House
The European Union and Britain need to take urgent action to postpone rules for electric vehicles traded between the bloc and the U.K. that will trigger 10 percent tariffs, Europe’s car industry group ACEA said. “Driving up consumer prices of European electric vehicles, at the very time when we need to fight for market share
Associated Press Sep 24, 2023, 08:12 PM ET FORT WORTH, Texas — William Byron took the lead for the first time after the final restart with six laps left to win at Texas Motor Speedway on Sunday, advancing to the round of eight in the NASCAR playoffs while giving Hendrick Motorsports its 300th victory. With
Colorado Sheriff Calls Off-Road Trail Trespassers “Ass Clowns” | Carscoops Authorities said that one stuck vehicle was sitting just above a 1,500-foot drop off and recovery wasn’t assured 14 hours ago One Colorado Sheriff took to social media to call out the “complete ass clowns” who put themselves and rescue workers in a dangerous spot.
The US battery energy storage market added 5,597 megawatt hours (MWh) in the second quarter of 2023, a new quarterly record. The grid-scale segment of the industry drove the market with a record-breaking 5,109 MWh in Q2, beating the previous record in Q4 2021 by 5%, according to Wood Mackenzie and the American Clean Power
Automakers have cut about 63,400 vehicles from their production schedules over the previous three weeks because of the microchip shortage, according to the latest estimate by AutoForecast Solutions. Most of those cuts occurred in North America, where automakers axed 56,642 vehicles from plans at their assembly plants since the forecasting firm’s Sept. 1 estimate. Companies
Korean automobile manufacturer Kia displays the electric vehicle “EV6 GT-Line” during the 30th Gaikindo Indonesia International Auto Show in Tangerang on August 10, 2023. Yasuyoshi Chiba | Afp | Getty Images Indonesia’s EV-friendly policies have lured global investors to the country, but experts say they could also boost investments in Southeast Asia’s automotive industry more
The first Ineos Grenadier SUVs for the U.S. market have started rolling off the production line, Ineos Automotive announced on Friday. The automotive division of British chemical giant Ineos said the first U.S.-bound Grenadier—a Belstaff Fieldmaster grade finished in Scottish White—cleared the quality inspection area at the company’s factory in Hambach, France, in the past
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