Automobile

Tesla yesterday said it is slashing battery costs to speed a global shift to renewable energy, and could have a $25,000 model available in 2023 or so. Tesla’s CEO Elon Musk and the head of Tesla’s...

Pickup truck sales in China experienced growth last month August, according to industry data. In August, 41000 units were sold, up 36 percent year on year, as stated by the China Passenger Car Association (CPCA). During...

Zoox Inc got a permit from California state authorities yesterday to test driverless car without an in-car backup driver, marking a win for Amazon.com Inc, which bought the startup 3 months ago. Amazon has been aggressively...

All taxis available through Uber app will be electric within 2040 – and within 2030 in US, Canada and Europe, the ride sharing company said. Uber said the move was part of its “responsibility” to tackle...

Cars made by Tesla can now read speed limit signs and detect green lights in the US, after a new software update. The vehicles’ Autopilot system makes a speed limit warning on the dashboard display and...

Waymo LLC and Fiat Chrysler Automobiles NV will expand the partnership of autonomous vehicle to commercial vehicles, and Fiat Chrysler will develop fully self-driving vehicles exclusively with Waymo going forward, the companies said today. Waymo, a...

Germany’s VW is expecting a slight growth in China’s premium car segment in 2020 despite a slide in broader market sales, a senior executive said. Volkswagen Group’s China chief, Stephan Woellenstein, made the remarks to reporters...

Vehicle registrations of Tesla Inc nearly halved in California during the second quarter, as stated by data from Cross-Sell.. Most parts of the United States were under government-imposed stay-at-home orders from April to June to fight...

Hyundai Motor shares increased around 8% today, a day after “green new deal” to spur use of environmentally friendly vehicles declared by South Korea. Other auto shares gained ground, with affiliate Kia Motors increasing 4.1% and...

Tesla Inc‘s shares surged 13% to a record high yesterday, extending their rally to more than 40% in 5 sessions after analysts increased price targets on the company after its strong quarterly deliveries. The day’s jump...