Einride: 2024 CNBC Disruptor 50
Founders: Robert Falck (CEO), Linnéa Kornehed-Falck, Filip LiljaLaunched: 2016Headquarters: Stockholm, SwedenFunding: $652.3 millionValuation: N/AKey technologies: Artificial intelligence, autonomous vehicles, machine learningIndustry: AutomotivePrevious appearances on Disruptor 50 List: 1 (No. 13 in 2023)…
Read more
With EVs, the ‘Detroit of Asia’ wants to be China hedge for automakers
Visitors inspect a Tesla Model Y car during the 40th Thailand International Motor Expo at the Impact Challenger hall in Nonthaburi. Sopa Images | Lightrocket | Getty Images Tesla has…
Read more
Despite reasons for its latest EV sales surge, there’s a lot going right at Ford
Lower pricing due to softening demand helped April electric vehicle sales at Ford more than double, even as the automaker was shifting resources away from the money-losing unit. Despite the…
Read more
How American carmakers lost ground in China
American automakers and their non-Chinese counterparts are fighting an existential battle, as local rivals in China outpace them. Chinese companies flush with government investments and subsidies have leapfrogged the competition…
Read more
Biden administration plans to raise tariffs on electric vehicles from China
Employees work on the assembly line of C11 electric SUV at a factory of Chinese EV startup Leapmotor on April 26, 2023 in Jinhua, Zhejiang Province of China. VCG |…
Read more
Elon Musk’s X loses lawsuit against Bright Data over data scraping
Tesla CEO Elon Musk Omar Marques | Getty Images A federal judge in California dismissed a lawsuit filed by Elon Musk’s X against Israel’s Bright Data, in a case that involved the…
Read more
EV startups Rivian, Lucid, Nikola attempt to shore up cash
R1T trucks on the assembly line at the Rivian electric vehicle plant in Normal on April 11, 2022. Brian Cassella | Tribune News Service | Getty Images Once-hot electric vehicle…
Read more
Climate protesters try to break into Tesla Germany factory: Police
Police confront environmental activists in a forest near the Tesla Gigafactory electric car factory near Gruenheide, Germany, May 10, 2024. Axel Schmidt | Getty Images Climate protesters angry about Tesla’s…
Read more
Ford names ex-Lucid Motors exec as next CFO, promotes current chief
Ford’s Chief Financial Officer (CFO), John Lawler and Linda Zhang, Chief Engineer for the company’s All Electric F-150 Lightning participate in the opening bell ceremony at the New York Stock…
Read more
Tesla accused by NLRB of chilling worker unionizing efforts in Buffalo
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly…
Read more
Chinese EV maker Zeekr prices IPO at $21, at the top end of range, reports say
A Zeekr 001 electric vehicle (EV) by Geely is seen displayed at the Zeekr booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021….
Read more
Starshot raises $35 million to back climate-focused startups
Starshot, a climate tech fund, was founded by Sam Levac-Levey and Jeremy Brewer. Lora Kolodny for CNBC Childhood friends Jeremy Brewer and Sam Levac-Levey started their first clean energy startup…
Read more
GM can regain market share in China after 20-year low, exec says
GM President Mark Reuss announces a $2.2 billion investment in the automaker’s Detroit-Hamtramck Assembly plant in Michigan for new all-electric trucks and autonomous vehicles on Jan. 27, 2020. Michael Wayland…
Read more
Chinese EV maker Nio to launch its lower-priced brand Onvo on May 15
Nio holds a product event in Shanghai on Sept. 21, 2023. Evelyn Cheng | CNBC BEIJING — Chinese electric car company Nio said Thursday it will launch its lower-priced brand…
Read more
Tesla must provide NHTSA with Autopilot recall data or face fines
Tesla vehicles sit on the lot at a Tesla dealership in Austin, Texas, on April 15, 2024. Brandon Bell | Getty Images The National Highway Traffic Safety Administration is pressing…
Read more
China’s booming electric vehicle companies eye U.S. competitors they see as ‘not ready’
On the long list of disputes between the United States and China, electric vehicles enjoy an increasingly prominent role. Growing stars of the auto world, EVs are also now the subject of intense…
Read more
Tesla chair Robyn Denholm sold over $50 million in stock this year
Robyn Denholm, chairman of Tesla Inc., speaks during an American Chamber of Commerce in Australia event in Sydney, Australia, on Wednesday, March 27, 2019. Brendon Thorne | Bloomberg | Getty…
Read more
U.S. automakers like GM rapidly lose ground in China
Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024. Jeff Kowalsky…
Read more
Autos analysts pick who can survive China’s cut-throat EV market
Investment analysts are coalescing around a few potential winners in China’s car market after a 10-day auto show in Beijing put the ferocious competition on full display. The opening morning…
Read more
Don’t rate Tesla’s Full Self Driving too highly, tech investor says
People are shopping at a Tesla store in Shanghai, China, on Feb. 17, 2024. Costfoto | Nurphoto | Getty Images News of electric car giant Tesla’s progress toward rolling out…
Read more