Union members at Ultium Cells, a joint venture between General Motors (GM) and LG Energy Solution, in Lordstown, Ohio, have ratified a new labour agreement. The United Auto Workers (UAW) announced on Monday that about 98% of the votes cast were in favour of the new deal, marking a significant win for the workers.

Ultium Cells workers ratify new labour agreement with 30 per cent wage hike

In the rapidly evolving electric vehicle (EV) market of China, NIO and its suppliers are taking significant strides. WeLion New Energy Technology, NIO’s semi-solid-state EV battery manufacturer, reported a 31% increase in installations last month.

NIO boosts China's EV market with new 150 kWh battery pack rental

Renault's budget brand Dacia aims to double its sales and profitability by 2030, driven by strategic shifts and market positioning. The French automaker announced these ambitious goals on Monday, highlighting a plan to enhance revenue through a mix of volume, price, and product diversification.

Renault's Dacia aims to double sales and profitability by 2030

Ford has unveiled its latest creation for the Pikes Peak International Hill Climb: the F-150 ‘SuperTruck', which is expected to have an astonishing 1,400 horsepower.

Ford F-150 Lightning-based SuperTruck revealed for Pikes Peak Hill Climb

Tesla CEO Elon Musk is working on another strategic development being referred to as 'Master Plan Part 4'. The previous ‘master plans’ have been strategic guides for the company, defining its path to success.

Elon Musk working on ‘Tesla Master Plan Part 4’

In a significant blow to the electric vehicle (EV) industry, Fisker Group Inc., an American EV manufacturer, has filed for Chapter 11 bankruptcy. The decision follows the collapse of crucial deal talks with a major automaker, compounded by a rapid cash burn in efforts to deliver its Ocean SUV in the United States and Europe.

Fisker files for chapter 11 bankruptcy after failed automaker deal

Berkshire Hathaway, managed by Warren Buffett, has cut its stakes in Chinese EV firm BYD even though the company trumped Tesla to become the biggest global producer of EVs last year.

Berkshire Hathaway reduces stake in Chinese EV maker BYD

The used electric vehicle (EV) market is undergoing a significant transformation as prices dip below those of their gasoline-powered counterparts. This shift, first observed in February, continues to deepen, reflecting changing consumer attitudes towards EVs.

Used EV prices plummet below gas cars amid changing consumer preferences

In a recent stockholder meeting, Tesla CEO Elon Musk announced the development of three new electric vehicles (EVs). This announcement, streamed live on YouTube, has created a buzz in the automotive world.

Tesla unveils plans for three new EVs, but future of roadster uncertain

The bustling streets of Wuhan, a central Chinese city with 11 million residents and 4.5 million cars, are now the site of the world's largest driverless car experiment.

Wuhan leads world's largest driverless car experiment

During Thursday's annual shareholder meeting, Tesla CEO Elon Musk described himself as a catalyst for the company’s future, as shareholders approved a USD 56 billion pay package for him based on current stock prices.

Buying EV batteries from suppliers costs less versus Tesla's own: Elon Musk

In a strategic shift, Ford Motor Co. has announced that all its dealers will soon be able to sell electric vehicles (EVs), a move aimed at boosting slower-than-expected EV sales.

Ford reverses course, allows all dealers to sell EVs amid slower sales

In a surprising move, Tesla CEO Elon Musk announced the extension of Full Self-Driving (FSD) transferability for one more quarter. This decision marks another chapter in Tesla's ongoing saga of fulfilling its FSD promises to its loyal customer base.

Tesla reinstates FSD transfers for another quarter

As electric vehicles gain momentum globally, Honda is set to introduce its highly anticipated electric N-VAN e in Japan this October. This new addition is part of Honda's aggressive strategy to expand its electric vehicle portfolio and meet growing demand for sustainable transportation.

Honda to launch electric N-VAN e at USD 15,500

French automaker Alpine has introduced its inaugural electric vehicle model, the A290. This marks the beginning of a series of upcoming BEVs from Alpine, enhancing its petite yet dynamic vehicle lineup.

Alpine reveals all-electric A290 hot hatch EV with video game style challenges

Jeep has officially confirmed the launch of an all-electric version of the Renegade, promising a price point starting at under USD 25,000. This announcement signals Jeep's strategic expansion into new markets and its commitment to electrification as a key pillar of its growth strategy.

Jeep confirms all-electric Renegade; to be priced under USD 25,000

Piaggio Group’s CEO, Michele Colaninno and has been recently elected for the second term as President of ACEM (Association des Constructeurs Européens de Motocycles), a Brussels-based industry motorcycle Association of motorcycle and scooter manufacturers across the globe.

Piaggio Group's Michele Colaninno becomes ACEM President for second term

In a notable shift towards sustainability, LondonEnergy has introduced a Volvo FM Electric 6×2 tractor unit to its fleet. The company, known for its waste management and resource expertise, plans to put the electric truck to work immediately, highlighting a significant move towards greener operations.

LondonEnergy adopts Volvo FM Electric for efficient waste management

The European Commission made a significant announcement on Wednesday, revealing its intention to levy additional duties on imported Chinese electric vehicles, a move that could potentially ignite tensions with China.

EU implements tariffs on Chinese electric vehicles

In a strategic move to stabilise its autonomous vehicle subsidiary, General Motors (GM) has announced a significant investment of USD 850 million in Cruise. This decision comes after Cruise faced severe setbacks following an incident involving one of its driverless cars that struck and dragged a pedestrian.

GM infuses USD 850 mn into Cruise to bolster operations post-robotaxi incident

China Evergrande New Energy Vehicle Group (0708.HK) is facing significant operational challenges, with local administrative bodies demanding repayment of 1.9 billion yuan (USD 261.

China Evergrande’s EV unit faces asset seizure over unpaid subsidies

Lawyers representing claimants have said before the High Court of London that some of the biggest car manufacturers in the world are currently exposed to an eye-watering 1.

Carmakers face UK dieselgate lawsuits worth at least USD 7.6 billion

The chair of the Senate Finance Committee, Senator Ron Wyden, announced on Monday an expansion of the ongoing investigation into BMW's use of electronic components from a banned Chinese supplier.

Senate expands probe into BMW's use of banned Chinese components

United Auto Workers (UAW) President Shawn Fain faces an investigation by an independent federal monitor over allegations of retaliation against union leaders. This development, disclosed in a recent court filing, raises questions about internal conflicts within the union as it navigates significant changes.

UAW president Shawn Fain under investigation for alleged retaliation

auto

Auto, News on Auto, stories on Auto, articles on Auto, Auto stories at Wion, Auto news, Auto latest news