Industry

Indiana officials on Tuesday celebrated the massive new electric vehicle battery plant commitment from Stellantis and Samsung, which promises 1,400 new jobs in Kokomo — about 100 miles from the Michigan border. But the $2.5 billion project marks another blow for Michigan, whose status as automotive capital has become uncertain as automakers plant EV flags
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TEL AVIV, Israel — Automakers should stop treating cybersecurity researchers as adversaries and instead consider them collaborators. So says David Colombo, the teen hacker who exploited flaws in third-party software that allowed him to access approximately two dozen Tesla vehicles this year. His hack spotlighted vulnerabilities that let him open and close car doors and
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Car enthusiasts arriving at the Electrify Expo festival next month in Long Beach, Calif., will find familiar products from the likes of Hyundai, Toyota, Volvo and about a half-dozen other automakers. They’ll also find much more. From electric unicycles to conventional e-bikes, electric motorcycles to electric boats, the event boasts electric mobility options of every
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AUSTIN – Self-driving startup Argo AI on Tuesday said it had launched driverless vehicles in Miami, Florida and Austin, Texas, but added the vehicles initially were used for in-house testing, with commercial applications following at an unspecified time. Argo, backed by Ford and Volkswagen AG, has tested its robotaxis on public roads in both cities
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LOS ANGELES — For a glimpse of how quickly the market for electric heavy-duty trucks is evolving, consider the crowd size of the Advanced Clean Transportation Expo, an 11-year-old trade show for the burgeoning segment. According to show organizers, more than 8,300 people attended last week’s expo in Long Beach, Calif., which featured a range
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Self-driving truck developers are promising they’ll launch commercial service as soon as next year. One of the key remaining engineering hurdles involves safely coaxing these 80,000-pound robots to the side of the road when things don’t go according to plan. As driverless-deployment timelines draw nearer, many of the leading companies are focused on perfecting this
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A brisk transition to zero-emission vehicles is underway, but it’s still unclear whether the global transportation sector’s makeover is enough to stave off the worst consequences of climate change. Cars and trucks account for three-quarters of all transportation-related greenhouse gas emissions, including planes, trains and ships, according to McKinsey & Co., and automakers and commercial
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American Axle & Manufacturing Holdings Inc. saw its first-quarter net income nearly evaporate while it tries to manage the immediate disruption of supply chain volatility and the longer-term challenge of electrification. The Detroit-based supplier’s income plunged 97 percent year-over-year to $1 million as revenue remained flat at $1.4 billion, according to its earnings report Friday.
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Uber Technologies Inc. delivered a positive outlook for earnings in the current period, signaling the company plans to capitalize on robust ride demand without compromising profits by focusing on product changes, rather than incentives, to address the driver shortage. The ride-sharing and delivery company projected gross bookings of $28.5 billion to $29.5 billion in the
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All-time-high interest in electric vehicles might not translate into as many sales as automakers and regulators would like in the short and medium term, as supply chain snags are likely to prevent the industry from catching up with growing demand. Automakers and governments have set ambitious targets for EV expansion. Legacy automakers have rolled out
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BEIJING/SHANGHAI – Baidu and Pony.ai said on Thursday they had received permits to deploy robotaxis without humans in the driver seat on open Chinese roads for the first time, in another instance of Beijing’s support for the autonomous-driving sector. The permits are the latest set of approvals the municipal government has handed out over the
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Hertz Global Holdings Inc. said first-quarter revenue of $1.8 billion was up 57 percent from a year ago, excluding the Donlen fleet management business sold last year. The company’s adjusted earnings before interest, taxes, depreciation and amortization rose from about breakeven to $614 million, while its average global revenue per day soared 28 percent to
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BEIJING/SHANGHAI – Baidu and Pony.ai said on Thursday they had received permits to deploy robotaxis without humans in the driver seat on open Chinese roads for the first time, in another instance of Beijing’s support for the autonomous-driving sector. The permits are the latest set of approvals the municipal government has handed out over the
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Getty Images Car production in the UK has continued to fall as manufacturers struggle with global supply chain problems. Almost 100,000 fewer cars were built in the first three months of 2022 compared to last year. Manufacturing has dropped by nearly a third, according to the Society of Motor Manufacturers and Traders (SMMT). The SMMT
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WASHINGTON — A group of 12 U.S. Senate Democrats on Wednesday urged Transportation Secretary Pete Buttigieg to develop a comprehensive federal framework for autonomous vehicles, according to a letter seen by Reuters. “We lag behind in shaping a regulatory framework that will foster this innovation while simultaneously protecting and encouraging all of the important benefits
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