Tesla was a notable absentee from this week’s Shanghai Auto Show, where Volkswagen and other carmakers debuted new offerings.
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The companies continue to lose massive amounts of money as consumers are turning to cheaper hybrids and traditional gas-powered vehicles.
Tesla and other self-driving car firms face both regulatory battles and public perception hurdles.
Demand has been slowing domestically, so Chinese companies are looking abroad to keep sales growing.
Hertz’s recent track record leaves much to be desired: the rental-car company lost nearly $2.9 billion last year.
Baidu’s patent to tune up self-driving cars could help its fleet account for crazy drivers.
The lack of charging infrastructure in the US has hurt consumer sentiment towards EVs. Ford may be looking at ways to fix it.
The automaker posted a record quarterly profit after leaning into the idea that not all consumers are ready for EVs.
At home in the US, one of Detroit’s Big Three stood out as vulnerable to a potential trade war: General Motors.
Overseas sales of China-made cars hit a record high in 2023, likely outpacing Japan to make China the world’s top exporter.
Ford may let you take work-from-anywhere even more seriously.
If Biden loses, the tax credits from the 2022 Inflation Reduction Act may get wiped out, hampering future sales.
Back in 2019, the Swedish company became the first company to put a self-driving big rig truck on a public road.
Amazon touts itself as the everything store, and now there’s one more market it’s absorbing into its everythingness.
Gavin Newsom said the Golden State “will intervene” and provide rebates to residents on its own if the tax credit goes the way of the Fisker.
Ford may want to authenticate your face when you get behind the wheel.