TOKYO — Toyota Motor will speed up production of electric vehicles of its Toyota and luxury Lexus brands, the Nikkei newspaper reported on Friday. The Nikkei report said the Japanese automaker was likely to step up production of battery-powered vehicles over the coming years to reach annual output of more than 600,000 vehicles in 2025.
BRUSSELS — The European Union is set to demand that cars running on e-fuels must be 100% carbon neutral if they are to be sold beyond 2035, a draft document showed, after Germany demanded e-fuel cars be exempted from the phase-out of new polluting vehicles. All new cars sold in the EU from 2035 must
An auto industry group said on Friday carmakers do not plan to immediately comply with a Massachusetts law requiring them to share vehicle data with independent repair shops citing concerns about potential hacking. The National Highway Traffic Safety Administration (NHTSA) previously reversed course and said automakers could safely share diagnostic data with independent shops, after
DETROIT — The Detroit Three automakers and the union representing the companies’ U.S. hourly workers on Friday entered the final hours to reach new labor agreements before the current coordinated strike expands to include more plants. The UAW last week launched unprecedented, simultaneous strikes at one assembly plant each of General Motors, Ford and Chrysler
Carmakers, which have invested billions on electric vehicles, slammed Britain’s move to delay a 2030 ban on the sale of new petrol and diesel cars, saying it would disrupt supply chains and slow the transition to greener cars. Following weeks of speculation over the key net zero pledge, Prime Minister Rishi Sunak said on Wednesday
DETROIT — Ford reached a last-minute deal to avoid a walkout at its Canadian operations late on Tuesday, as the United Auto Workers union prepared for a potential expansion of its U.S. strikes against the Detroit Three automakers. Unifor, which represents about 5,600 Canadian auto workers, were threatening to go on strike at all three
DETROIT — The United Auto Workers union said it would announce on Friday more U.S. plants to strike if no serious progress was made in talks with the Detroit 3 automakers, as a Canadian union held off on an immediate walkout at Ford’s operations in Canada. The UAW last week launched a strike against Ford,
Tesla CEO Elon Musk said rumors that Saudi Arabia is in early talks with the U.S. electric automaker to set up a manufacturing facility in the kingdom are “utterly false,” referring to a story the Wall Street Journal reported on Monday, citing sources familiar with the matter. The report was released just hours after Turkish
Vietnamese electric-vehicle maker Vinfast said on Monday it delivered 9,535 vehicles in the second quarter, recording a more than fivefold jump from the first quarter. It reported 11,315 deliveries for the first half of this year. Vinfast’s blockbuster debut on Wall Street in August saw its shares more than triple in value, but the company’s
New investments in the United States and Europe aim to challenge China’s stranglehold on a key ingredient used in most electric vehicle batteries – graphite – but industry experts said that will be an uphill battle. The focus is shifting to a new front: Synthetic graphite, an element developed in the late 19th century, but
