Germany’s Rheinmetall buys driveline supplier Loc Performance in $950 million deal

14August 2024

Germany’s Rheinmetall buys driveline supplier Loc Performance in $950 million deal

Loc, with about 1,000 employees, operates plants Michigan and Ohio, where it manufactures vehicle and...

14August 2024

EV startup Aehra asks Italy to help fund €1.2B production plan

Aehra plans to build the Impeto large SUV and Estasi sedan at a new plant...

14August 2024

NHTSA closes preliminary evaluation of front suspension failure in Tesla vehicles

Safety agency said it closed the investigation as no instance showed that a failure of...

14August 2024

China’s Zeekr tackles EV range anxiety with 10-minute battery charge

Zeekr’s fast-charging lithium iron phosphate battery aims to counter range anxiety, which is one of...

14August 2024

Waymo robotaxis waking San Francisco neighbors with nightly honking

People who live near a San Francisco parking lot used by Waymo say the self-driving...

14August 2024

Texas sues GM for allegedly violating drivers’ privacy

Texas Attorney General Ken Paxton said Tuesday’s lawsuit arose from a probe announced in June...

14August 2024

Recycling can help fill battery materials shortages

Battery manufacturing scrap and spent EV and electronic device batteries provide a ready supply of...

14August 2024

Zeekr tackles EV range anxiety with 10-minute battery charge

Zeekr’s fast-charging lithium iron phosphate battery aims to counter range anxiety, which is one of...

14August 2024

EVs need more aid to retire fossil-fuel cars, supplier says

U.K. supplier Dowlais Group says customers including Ford and General Motors have pushed back deliveries...

14August 2024

Lexus EV concepts to make North American debut at Monterey Car Week

The LF-ZL and LF-ZC concept EVs have styling cues and advanced technology that executives said...

13August 2024

Private equity firm buys auto retail ID check, remote notary provider Mavsign

Maverick Document Signings, which provides remote notary and identification verification services to car dealerships, has...

13August 2024

Dodge Charger EV shuns silence to build battery-powered muscle

The artificial exhaust note of the Charger Daytona is part of Dodge’s effort to convince...

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