EVs Made Up 10% of All New Cars Sold Last Year
The increase, driven by China and Europe, provided relief to a broader car market that suffered from economic worries, inflation...
Passenger Cars
China’s EV Sales Broke Record in 2022 as Overall Auto Market Stalled
Rising retail demand for electric and plug-in hybrid vehicles boosted the auto market as traditional-car sales slipped 13%. Source link
The Future of Car Technology, as Seen at CES 2023
Color-changing cars. Flying taxis. And a gaming-style tablet that can steer a vehicle. Car companies descended on CES in Las...
U.S. Auto Sales in 2022 Worst in Over a Decade
BusinessAutos & TransportationAutos IndustryGM bucked last year’s industry declines to regain U.S. sales crown from Toyota Source link
With New EVs Arriving, Brand Loyalty Goes Out the Window
As more car makers roll out electric vehicles, they are discovering that early customers are far more apt to try...
Tesla Shares Head for Worst Year Ever as Elon Musk Focuses on Twitter
Listen to article(2 minutes)Tesla Inc. is on pace for its worst annual stock performance on record as investors bristle at...
Tesla Doubles Discounts on Model 3, Model Y Vehicles
The move has fueled concern that demand for the electric vehicles may be softening. Tesla’s shares are down about 9%...
Toyota Chief Says ‘Silent Majority’ Has Doubts About Pursuing Only EVs
BusinessAutos & TransportationAutos IndustryAkio Toyoda says electric vehicles are one option alongside hybrids and hydrogen-powered cars Source link
Lamborghini Looks to the Past as It Plans an EV Future
Luxury car makers are looking for ways to build a bridge between the old world of traditional automotive luxury and...
Chrysler Parent Stellantis to Stop Operations at Jeep Cherokee Factory
The car maker said it would idle the 1,350-employee assembly plant in February, resulting in “indefinite layoffs.” Source link
Workers at GM-LG Battery Plant in Ohio Vote to Unionize
BusinessAutos & TransportationAutos IndustryResult a win for UAW, which plans campaigns at slew of U.S. battery factories slated to open...
Buffett-Backed Electric-Car Giant BYD Halts Spinoff of Chip Unit
BusinessChinese company says IPO shelved to focus on booming electric-vehicle demand as chip bottleneck persists Source link
Foxconn Plans to Invest $170 Million in EV Truck Maker Lordstown Motors
BusinessAutos & TransportationAutos IndustryThe startup plans to use the funds to hire engineers, and will develop an electric vehicle with...
Ex-Green Beret, Son Return to U.S. After Prison Sentence Over Carlos Ghosn Escape
BusinessThe duo helped former Nissan executive avoid a trial on charges of financial wrongdoing in Japan Source link
WSJ News Exclusive | General Mills, Audi and Pfizer Join Growing List of Companies Pausing Twitter Ads
WSJ News ExclusiveMedia & MarketingAdvertisers are concerned about a flurry of executive departures at Twitter and new owner Elon Musk’s...
Tesla Poised for Near-Record Earnings as Demand Concerns Loom
Elon Musk’s electric-vehicle maker so far has brushed off worries about weakening demand. Strong vehicle pricing is forecast to have...
Not Ready to Go Full EV? Some Car Companies Bet Bigger on Hybrids
Demand for hybrid vehicles is hot, reinforcing the view from Toyota Motor Corp. and other auto makers that the gas-electric...
Rivian Recalling Nearly All of Its Vehicles
Rivian Automotive Inc. RIVN -7.64% is recalling nearly all of its vehicles to address a potential problem that could cause...
As More Cars Hit Dealership Lots, Buyers Feel Pinch of Rising Interest Rates
More new cars and trucks are finally trickling into dealerships as supply-chain troubles ease and auto makers increase factory output....
Elon Musk Unveils Prototype of Humanoid Robot Optimus, Says It Will Cost Less Than a Car
Mr. Musk first laid out the vision for the robot, called Optimus, a little more than a year ago at...
