Search results for "electric vehicle "

Biden tries to reassure on COVID as he sells spending plan

President Joe Biden on Tuesday went to Minnesota to pitch his completed infrastructure deal and a giant social spending bill that he’s still trying to get passed, but also found himself reassuring the nation he would fight the evolving COVID-19 threat without resorting to “shutdowns and lockdowns.” Biden met with students at Dakota County Technical […]

Samsung says it will build $17B chip factory in Texas

Samsung said it plans to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices. “This is the largest foreign direct investment in the state of Texas, ever,” Texas Gov. Greg Abbott said in announcing the project Tuesday. Samsung said it […]

Ford, GM to enter chip market to curb U.S.-shortage

U.S. automobile manufacturers Ford Motor Co. and General Motors (GM) Co are altering their business plan by joining the semiconductor chip market, following a computer chip shortage that disrupted their global factory output for almost a year. On Thursday, Ford announced a calculated plan of going into business with semiconductor manufacturer GlobalFoundries Inc. to create […]

Ford, Purdue partner on technology to speed up EV charging

Ford and Purdue University are partnering to develop a new charging station cable compatible with vehicle charging technology still being developed with hopes of making a broader transition to electric vehicles possible. Purdue researchers are trying to develop an alternative cooling method to prevent battery overheating with a charging cable that can deliver an increased […]

Efforts to cut car, plane and ship emissions get small boost

Several countries and companies announced plans Wednesday to stop selling cars that run on gasoline or diesel over the next two decades, as part of efforts to clamp down on a significant source of planet-warming emissions. But the impact of the measures will likely be limited since several major car markets — notably the United […]

Musk says Hertz did not finalize 100,000 Tesla deal, Hertz fires back

Elon Musk announced on Monday that Tesla has not signed a contract with Hertz, despite the rental car firm’s disclosure a week ago of a significant deal with the electric car manufacturer. Tesla shares jumped by 12.6 percent following the announcement of a massive order from Hertz of almost 100,000 vehicles on October 25, granting […]

Tesla software recall may head off fight with US regulators

Tesla has issued a recall that automatically sent a software update fixing a safety problem in its electric vehicles, apparently heading off a looming confrontation with U.S. safety regulators. But recall documents posted on the National Highway Traffic Safety Administration website Tuesday don’t address another safety issue specified by the agency when it demanded that […]

Skypod firm in UAE tied to investment company flagged abroad

The small, four-seat pod glides above the sands of a test track in Sharjah in the United Arab Emirates, a futuristic transit solution promoted by a Belarusian firm that hopes to secure contracts here in the near future. Inviting journalists to see their test track Thursday, firm uSky showed off what they described as an […]

Ford, GM profits fall as sales drop due to chip shortage

The global computer chip shortage cut into third-quarter profits at both Ford and crosstown rival General Motors, with both companies having to temporarily close factories, pinching supplies on dealer lots. Ford’s net income of $1.83 billion fell 23% from a year ago, while GM’s profit dropped 40% to $2.4 billion. High prices, mainly for the […]

US regulators seek answers from Tesla over lack of recall

U.S. safety investigators want to know why Tesla didn’t file recall documents when it updated Autopilot software to better identify parked emergency vehicles, escalating a simmering clash between the automaker and regulators. In a letter to Tesla, the National Highway Traffic Safety Administration told the electric car maker Tuesday that it must recall vehicles if […]