Edition:
United States

Paul Lienert

Corporate investors pile into electric vehicle startups

Jan 15 2019

(This Jan. 11 story corrects second to last paragraph to reflect that Tencent, and not Geely, is an investor in WM Motor)

RPT-EXCLUSIVE-VW, China spearhead $300 bln global drive to electrify cars

Jan 10 2019

Jan 10 Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10 years, with nearly half of the money targeted at China, accelerating the industry's transition from fossil fuels and shifting power to Asian battery and electric vehicle technology suppliers.

Exclusive: VW, China spearhead $300 billion global drive to electrify cars

Jan 10 2019

Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10 years, with nearly half of the money targeted at China, accelerating the industry's transition from fossil fuels and shifting power to Asian battery and electric vehicle technology suppliers.

Car market collapse outruns GM moves to keep up

Nov 28 2018

DETROIT General Motors Co's monumental announcement on Monday that it will close three car assembly plants in North America and slash its workforce will only partially close the gap between capacity and demand for the automaker's sedans, according to a Reuters analysis of industry production and capacity data. | Video

UPDATE 4-GM to cut car production in North America, halt some models -source

Nov 26 2018

DETROIT/WASHINGTON, Nov 26 General Motors Co will significantly cut car production in North America and stop building some low-selling car models, and was expected to announce significant planned reductions to its North American salaried, executive workforce, sources said on Monday.

Ford buying San Francisco-area e-scooter startup Spin

Nov 08 2018

DETROIT Ford Motor Co said Thursday it will join the mushrooming micro-mobility movement with the acquisition of 2-year-old Spin, an electric scooter rental firm based in San Francisco.

Cadillac edges Tesla in semi-automated driving test

Oct 04 2018

General Motors Co’s Cadillac outscored Tesla Inc in a new ranking of partially automated driving systems tested by Consumer Reports and released on Thursday.

Cadillac edges Tesla in semi-automated driving test

Oct 04 2018

Oct 4 General Motors Co’s Cadillac outscored Tesla Inc in a new ranking of partially automated driving systems tested by Consumer Reports and released on Thursday.

Honda to invest $2.75 billion in GM's self-driving car unit

Oct 04 2018

WARREN, Mich Honda Motor Co Ltd will invest $2.75 billion (£2.13 billion) and take a 5.7 percent stake in General Motors Co's Cruise self-driving vehicle unit, to jointly develop autonomous vehicles for deployment in ride services fleets around the world. | Video

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