Spin first must contend with a lack of loyalty among most scooter riders. They typically have several scooter apps on their phones.
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Our Next Energy plans to spend $1.6 billion to turn a building in Van Buren Township, Mich., into a battery cell plant by 2024.
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Gotion is partially owned by Volkswagen Group. The automaker destined to get the batteries has not yet been disclosed.
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If decades-old U.S. road weight limits are not increased, it could slow EV deliveries and increase costs, putting at risk this historic bet on zero-emission vehicles, advocates say. Highway safety experts disagree.
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Former U.S. Senate candidate-hopeful Bernie Moreno sold his last dealership in August in Florida. But he's looking to acquire again.
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Dennis & Co. Auto Group in August bought a dealership that had been slated to be purchased by LMP Automotive Holdings Inc. and another store from Bernie Moreno.
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South Korean President Yoon Suk-yeol asked Biden last month for help to allay Seoul's concerns that the new U.S. rules would hurt South Korea's automakers.
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Tesla will remove ultrasonic sensors from its vehicles starting this month, as it moves ahead with using only cameras in its safety and driver-assistant features.
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Bundling non-electric assets would help to improve hybrid-combustion technology and add scale to save costs, said Michael Fleiss, CEO of the Swedish branch of Aurobay, a joint venture of Volvo Cars and Zhejiang Geely Holding.
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Musk’s latest proposal to match the original deal terms means Twitter is facing a future under the leadership of a mercurial billionaire who has spent months publicly criticizing its management and questioning its value.
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