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In this article 1238-SZ WeRide has partnered with Guangzhou Automobile Group (GAC Group) to launch robotaxis on the Ontime ride-hailing app. The companies plan to make the driverless taxis available to the public by 2022. WeRide GUANGZHOU, China — Chinese autonomous driving start-up WeRide has partnered with major automaker Guangzhou Automobile Group (GAC Group) to

1:25 PM ET Formula One stewards will hear Mercedes’ representatives on Thursday to decide whether to grant their request for a review of the Sao Paulo Grand Prix incident between title contenders Lewis Hamilton and Max Verstappen. Mercedes asked for a review on Tuesday on grounds that significant new evidence had emerged since last Sunday’s

DETROIT – General Motors is steadily approaching a $100 billion market valuation after shares of the automaker reached a record high on Wednesday. GM’s gains come as shares of newly public electric vehicle start-ups Rivian and Lucid Group, which briefly surpassed GM in market cap Wednesday, lost steam following extraordinary double-digit runups in the past

7:12 AM ET Following the Sao Paulo Grand Prix, Mercedes team principal Toto Wolff likened his team’s race weekend to being punched multiple times in the face. He said he was “angry” that decisions by the FIA stewards had consistently swung against his team and went on to say that, from his perspective, the time

In this article LCID Lucid Motors CEO Peter Rawlinson told CNBC’s Jim Cramer on Tuesday that the start-up has plans to build factories outside the U.S. The California-based electric vehicle maker’s flagship facility is in Casa Grande, Arizona, where the company started commercial production in September. Initial deliveries of the “Dream Edition” of Lucid’s Air

11:19 AM ET Mercedes has written to motorsport’s governing body, the FIA, to request a review of the incident between Max Verstappen and Lewis Hamilton on lap 48 of the Sao Paulo Grand Prix, which was not investigated by the stewards at the time. Verstappen and Hamilton ended up off the track while fighting for

Ty Wright | Bloomberg | Getty Images If you’re nearing the end of your car lease, don’t assume another one is your best option this time around. While many consumers go from lease to lease — which puts them in a new vehicle every few years — the pandemic has upended the auto industry. This

6:45 AM ET After it was confirmed he will not continue with Alfa Romeo next season, Antonio Giovinazzi said Formula One can be “ruthless” when decisions are dictated by money over talent. Giovinazzi will be replaced by the well-funded Guanyu Zhou, who will be China’s first ever Formula One driver. Giovinazzi burst into F1 contention

In this article TSLA SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Elon Musk’s sales of Tesla stock last week came as little surprise to those who have been following the story of

12:15 PM ET Lewis Hamilton’s heroics at the Sao Paulo Grand Prix narrowed Max Verstappen’s title lead to 14 points with three races to go. Verstappen still has the advantage, but it is tantalisingly close heading into the final two races. The run-in looks as follows: Nov. 21: Qatar Grand PrixDec. 5: Saudi Arabia Grand

In this article LCID Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Shares of Lucid Group jumped by more than 5% during afterhours trading after the electric vehicle start-up announced a notable increase in vehicle reservations

4:27 AM ET Red Bull’s Formula One championship leader Max Verstappen described the setback of finishing second to Mercedes rival Lewis Hamilton in Sunday’s Sao Paulo Grand Prix as ‘damage limitation’. The Dutch 24-year-old is now 14 points ahead of seven times world champion Hamilton with three races remaining. “We still have a good points

In this article 9868-HK Xpeng plans to launch a new sports utility vehicle under its “G” line of cars on November 19. The company teased an image of the car’s silhouette. Xpeng Inc. GUANGZHOU, China — Chinese electric carmaker Xpeng teased a new sports utility vehicle on Friday, with the launch scheduled for next week.

5:21 PM ET Lewis Hamilton was reluctant to blame Max Verstappen for running him off the track at the Sao Paulo Grand Prix, saying the incident that saw them nearly make contact at Turn 4 was “hard battling”. Hamilton won Sunday’s race to close the gap to Verstappen in the championship to 14 points with

In this article TSLA RIVN Tesla Motors CEO Elon Musk speaks to the media next to its Model S. Nora Tam | South China Morning Post | Getty Images Tesla CEO Elon Musk said high production and break-even cash flow will be the true test for rival carmaker Rivian, which had a blockbuster IPO on

7:59 PM ET SAO PAULO, Brazil — Make no mistake about it. Lewis Hamilton can still beat Max Verstappen and win the Sao Paulo Grand Prix. For that to be the case after Hamilton was disqualified from one session, sent to the back of the grid in the next, and has a five-place grid penalty

A Mercedes-Benz super lorry leaves the Daimler factory in Sindelfingen, Germany, 08 December 2015. Daniel Maurer | Getty Images Daimler Truck CEO Martin Daum revealed Friday that he’s more worried about the global semiconductor shortage than he is about the economic impact of the coronavirus pandemic. “I’m more concerned about semiconductors than Covid at the

4:54 PM ET Max Verstappen joked that the stewards of the Sao Paulo Grand Prix can treat themselves to dinner and several bottles of expensive wine after they fined him €50,000 for touching Lewis Hamilton’s car in parc ferme after Friday qualifying. Verstappen was caught physically inspecting the rear wing of Hamilton’s car immediately after

In this article 175-HK TSLA An eActros is unveiled at the Mercedes-Benz truck plant of Daimler Truck AG on Ocotber 7, 2021. Uli Deck | picture alliance | Getty Images The Daimler Truck CEO has spoken of the challenges and opportunities his industry faces in the years ahead, as competition heats up and efforts to

10:29 PM ET Associated Press POMONA, Calif. — Mike Salinas raced to the provisional No. 1 qualifying spot in Top Fuel on Friday in the season-ending Auto Club NHRA Finals at Auto Club Raceway. Salinas had a 3.694-second run at 328.78 mph. Points leader Steve Torrence was second with a 3.698 at 317.05 as he

In this article TSLA The NTSB released this image of a 2021 Tesla Model 3 Long Range Dual Motor electric car that was involved in a fatal accident near Miami that killed two people on Sept. 13, 2021. NTSB The Tesla Model 3 involved in a fatal crash near Miami that killed two people on

5:34 PM ET Aston Martin Formula One principal Otmar Szafnauer said he had a long-term contract and no intention of leaving as he faced a grilling in Brazil on Friday about reports he could move to Renault-owned rivals Alpine. Reports in France have linked the experienced paddock insider to a future restructuring of Alpine. Silverstone-based

In this article TSLA SpaceX owner and Tesla CEO Elon Musk gestures during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019. Mike Blake | Reuters Shares of Tesla declined 15.4% for the week after CEO Elon Musk commenced with his plans to sell a huge block of his holdings this

1:35 PM ET SAO PAULO, Brazil — Max Verstappen said he will run the number 1 on his car next season if he wins this year’s Formula One championship. Verstappen, who leads Lewis Hamilton in the championship by 19 points with four races to go, chose 33 as the number to accompany him for the

In this article GM F 7203.T-JP VOW3-DE GS Krisztian Bocsi | Bloomberg Creative Photos | Getty Images Swedish battery firm Northvolt said Friday it had produced its first battery cell with what it described as “100% recycled nickel, manganese and cobalt.” In a statement, the Stockholm-headquartered company — which has attracted investment from Goldman Sachs

2:50 PM ET SAO PAULO, Brazil — McLaren’s Lando Norris revealed boyhood hero Valentino Rossi texted him ahead of what will be the Moto GP legend’s final race this weekend. Norris is well known as a Rossi fan and got to meet the Italian rider at an event in 2019. The two have remained in

The Lordstown Motors Corp. Endurance electric pickup truck sits on stage during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Commercial production and deliveries of Lordstown Motors‘ first product, an all-electric pickup called the Endurance, are once again being pushed back, the company said

10:52 AM ET Formula One has banned celebrities from bringing bodyguards to the starting grid after an incident with commentator and former racer Martin Brundle at last month’s U.S. Grand Prix in Austin. The 62-year-old Briton, a former team mate of Germany’s seven times world champion Michael Schumacher, was doing his pre-race ‘grid walk’ for

In this article TSLA According to financial filings out Wednesday, CEO Elon Musk is selling a block of Tesla shares via a plan that he set in motion on September 14 this year. The sales amount to more than 930,000 shares worth over $1.1 billion. He still holds more than 170 million shares. Musk sold

11:12 AM ET Associated Press Indy Lights champion Kyle Kirkwood, the most well-rounded driver of the next wave of young IndyCar newcomers, has at last found an open seat and will drive for A.J. Foyt Racing next season. Kirkwood will drive Foyt’s flagship No. 14 Chevrolet, the team said Wednesday. Sebastien Bourdais drove the car