Automotive

Foxconn mulls making electric vehicles at Wisconsin plant

Foxconn Technology Group, the world's largest electronics manufacturer, is considering making electric vehicles at its highly anticipated Wisconsin plant that has been scaled back since its announcement in 2017, the company's ...

Energy & Green Tech

Biden's auto dilemma: How hard to push for electric cars?

After four years of bitter fighting, California and the federal government agree they need to set ambitious climate goals, and major automakers are increasingly betting that the future of their business lies with electric ...

Energy & Green Tech

EVgo latest in hot US electric auto sector to publicly list

California-based EVgo is set to join the parade of companies jumping on public equity markets following a transaction announced Friday to raise $575 million to accelerate the build-out of electric charging stations in the ...

Business

High-flying Tesla stock takes a hit on 1st day in S&P 500

In the middle of last year, Tesla's losses were piling up, sales weren't enough to cover expenses and big debt payments loomed. The situation was so bad that one influential Wall Street analyst raised the possibility that ...

Automotive

New SUV is next step in VW's post-scandal electric offensive

Volkswagen is unveiling a battery-powered sport-utility vehicle that is headed for global markets including the United States and China, as the company takes a major step forward in its campaign to make electric cars a mass-market ...

Automotive

China auto sales off 22.4% in first half of 2020

China's auto sales rose 1.8% in June over a year earlier but fell by double digits for the first half of 2020 after the country shut down to fight the coronavirus, an industry group reported Friday.

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