Ford and GM have given up on robotaxis over cost and profitability concerns, the CEO of autonomous driving company May Mobility told BI.
Investors include Microsoft CEO Satya Nadella, Google CEO Sundar Pichai, and India's billionaire Ambani family.
Officials are "immediately suspending" approvals for a $5 billion EV charger program, according to a memo released on ...
Volvo Cars boss Jim Rowan echoed Elon Musk, telling Business Insider he disagrees with the idea that governments should subsidize the EV industry.
Uber's fourth-quarter operating profit rose 18% to $770 million but fell well short of the $1.2 billion forecast by analysts, ...
The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did ...
Elon Musk called South Africa's Black empowerment laws "openly racist," potentially threatening SpaceX's drive to win ...
President Donald Trump announced 25% tariffs on all goods imported from Canada and Mexico and a 10% levy on China on Saturday ...