news

Tesla faces blockade at Swedish ports over labor dispute

The Swedish Transport Workers’ Union said it would refuse to load and unload Tesla cars...

8November 2023

Autocar magazine 8 November: on sale now

Toyota’s plans for a radical sports EV, Volvo EX30 driven and much more This week...

8November 2023

My Week In Cars: New Steve Cropley/Matt Prior podcast (ep. 61)

This week the Steve explains why Polestar has worked wonders with the recently-revised 2 This...

Rivian boosts production forecast, reports better vehicle margins in upbeat Q3 report

The EV maker forecasts 2023 production at 54,000 units, a 2,000-unit increase. The company narrowed...

CarGurus to pay $75M for rest of CarOffer as Q3 net income improves slightly, revenue plunges

The vehicle listings company bought a 51 percent stake in CarOffer, a wholesale digital marketplace...

Private companies fund most EV battery manufacturing investment, DOE says

As of September, there were 208 private sector investment announcements in American-made battery technologies —...

Toyota’s Turkish factory gears up for plug-in hybrid production

The second-generation Toyota C-HR gains a plug-in powertrain with a battery assembled in Europe, as...

Rivian raises loses $1.37 billion in the third quarter, raises full-year production forecast

Rivian Automotive reported a $1.37 billion net loss for the third quarter while raising its...

TrueCar reduces losses, boosts revenue in Q3

New-vehicle inventory helped the vehicle listings company, but high prices and climbing interest rates remained...

Keeping AM radio in EVs could cost automakers $3.8 billion, report says

The Center for Automotive Research found that reducing the electromagnetic interference generated by EVs, which...

AV startup May Mobility raises another $105M in Series D round

The latest round brings the 6-year-old company’s total funding to approximately $300 million to date....

7November 2023

Rimac Nevera hits record-breaking 170mph in reverse

The run took place at the Automotive Testing Papenburg centre in Germany World’s fastest production...

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