Alternative Fuel Vehicles

Updated Nov. 29, 2023 8:59 am ETGeneral Motorsplans to sharply increase cash return to shareholders, as Chief Executive Mary Barra seeks to reassure investors about the health of GM’s core car-making business after setbacks in fledgling pursuits such as electric and driverless vehicles.The company also said Wednesday it will work to offset higher labor expenses from its new contract with the United Auto Workers and unionized employees in Canada. The contracts will add $1.5 billion next year, rising to $2.5 billion in…

Updated Nov. 24, 2023 4:17 am ETNissan Motor is expanding its electric vehicles and battery manufacturing capacity in the U.K. with investments of up to 3.0 billion pounds ($2.39 billion) as the carmaker pushes to have an all-electric lineup in Europe.The Japanese company plans to add a third gigafactory and produce two additional models at its EV hub in Sunderland, it said Friday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Updated Nov. 24, 2023 4:17 am ETNissan…

Updated Nov. 20, 2023 4:48 pm ETElectric-vehicle startup Fisker has lost its second chief accounting officer in less than a month, the latest setback for a company that only recently started selling its first model. Florus Beuting, who was named chief accounting officer in early November, has left the automaker, according to people familiar with the situation. His exit follows the departure of his predecessor, who left in late October after roughly three years at the startup to take a job with another company, leading…

Listen to article(2 minutes)New World Record: Most Patient EV ChargerDetails of Achievement: Over the course of 48 hours, with few naps or bathroom breaks, Joanna Stern examined more than 120 non-Tesla EV fast-charging stalls across Los Angeles, battling out-of-order signs, payment issues and bad “handshakes.”Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Listen to article(2 minutes)New World Record: Most Patient EV ChargerDetails of Achievement: Over the course of…

Listen to article(1 minute)China’s newest solar-energy manufacturers include a dairy farmer and a toy maker.The new entrants are examples of a green-energy spending binge in China that is fueling the country’s rapid build-out of renewable energy while also creating a glut of solar components that is rippling through the industry and stymying attempts to build such manufacturing elsewhere, particularly in Europe.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Listen to…

Exxon Mobilsaid Monday it is starting to drill for lithium in Arkansas and aims to become a major U.S. supplier for makers of electric-vehicle batteries by 2030.  The Texas-based oil company’s entrance into the lithium business, first reported by The Wall Street Journal in May, is an effort to reposition itself long-term for the advent of EVs and electrification in the transportation sector, which it dominated for decades as one of the world’s largest fuel makers. Lithium is a key ingredient in making batteries for EVs,…

The German auto giant bought a stake in Chinese rival XPeng after praising the dynamism and innovation of local automakers. The German auto giant bought a stake in Chinese rival XPeng after praising the dynamism and innovation of local automakers. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

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Companies and lawmakers are trying to influence how the government gives out billions in subsidies. Companies and lawmakers are trying to influence how the government gives out billions in subsidies. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner…

The U.S. will need to be a player in key industries if it wants to retain its perch as the world’s top economy. But it will also need help from tech heavyweights in East Asia on China’s periphery. The U.S. will need to be a player in key industries if it wants to retain its perch as the world’s top economy. But it will also need help from tech heavyweights in East Asia on China’s periphery. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator…