Latest Electric vehicles News

General Motors lays off about 1,000 workers, cutting costs to compete in a crowded automobile market

Nov. 15, 2024 09:02 AM EST

DETROIT (AP) — General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market. The workers, mostly white collar, were notified about the decisions early Friday. The company confirmed the layoffs in a...

The last actions the Biden administration will take before Trump takes over the White House

Nov. 15, 2024 05:24 AM EST

WASHINGTON (AP) — Biden administration officials are working against the clock doling out billions in grants and taking other steps to try to preserve at least some of the outgoing president's legacy before President-elect Donald Trump takes office in January. “Let’s make every...

Clean energy could create millions of tons of waste in India. Some are working to avoid that

Nov. 15, 2024 00:01 AM EST

KENCHANAHALLI, India (AP) — On the edges of a dense forest in southern India, six women in a small garage are busy stitching cloth bags, pants, hospital gowns and office uniforms with automated sewing machines. About four years ago, power cuts constantly interrupted their work....

Zeekr: Q3 Earnings Snapshot

Nov. 14, 2024 05:16 AM EST

NINGBO, China (AP) — NINGBO, China (AP) — Zeekr Intelligent Technology Holding Ltd. (ZK) on Wednesday reported a loss of $174.7 million in its third quarter. On a per-share basis, the Ningbo, China-based company said it had a loss of 68 cents. Losses, adjusted for stock option...

Elon Musk says he and Trump have 'mandate to delete' regulations. Ethics laws could limit Musk role

Nov. 13, 2024 17:31 PM EST

In picking billionaire Elon Musk to be “our cost cutter” for the U.S. government, President-elect Donald Trump won't be the first American president to empower a business tycoon to look for ways to dramatically cut federal regulations. President Ronald Reagan tapped J. Peter...

Trump promises to turn Washington upside down. He's being welcomed back anyway

Nov. 13, 2024 16:09 PM EST

WASHINGTON (AP) — The fireplace was crackling in the Oval Office on Wednesday morning as President Joe Biden shook hands with Donald Trump and congratulated him on his election victory. “Welcome back,” Biden told Trump, who said the transition “would be as smooth as it can...

Edmunds: Save a bundle on these 2024 vehicles for end-of-the-year savings

Nov. 13, 2024 11:44 AM EST

The holidays are coming and so are the car deals. As the year draws to a close, many manufacturers will have end-of-year or holiday sales designed to bring shoppers into showrooms and move metal. In addition to checking out these promoted sales, it can also be helpful to know which outgoing...

Nxu: Q3 Earnings Snapshot

Nov. 13, 2024 10:15 AM EST

MESA, Ariz. (AP) — MESA, Ariz. (AP) — Nxu, Inc. (NXU) on Tuesday reported a loss of $5 million in its third quarter. On a per-share basis, the Mesa, Arizona-based company said it had a loss of 42 cents. Losses, adjusted for asset impairment costs and non-recurring costs, were 25...

Earth's biggest polluters aren't sending leaders to UN climate talks in a year of weather extremes

Nov. 12, 2024 14:33 PM EST

BAKU, Azerbaijan (AP) — World leaders converged Tuesday at the United Nations annual climate conference with plenty of big names and powerful countries noticeably absent. Past talks often had the star power of a soccer World Cup. But the meeting just getting underway in Azerbaijan...

Waymo's robotaxis now open to anyone who wants a driverless ride in Los Angeles

Nov. 12, 2024 13:21 PM EST

Waymo on Tuesday opened its robotaxi service to anyone who wants a ride around Los Angeles, marking another milestone in the evolution of self-driving car technology since the company began as a secret project at Google 15 years ago. The expansion comes eight months after Waymo began...