This San Francisco cruise apparently couldn’t figure out how to pull aside on a narrow street to let a bus pass. Matt Rosoff, CNBC General Motors’ Cruise autonomous vehicle unit has fired nine “key executives” amid ongoing safety investigations sparked by an October accident in San Francisco, according to an internal memo seen by CNBC. … [Read more…]
The White House this week issued new guidance on federal electric vehicle (EV) tax credits, including a key exemption that is seen as a win for many automakers because it offers companies trying to set up battery production operations in the U.S. additional time to make the transition native minerals. The U.S. Treasury Department announced … [Read more…]
The Biden administration on Friday proposed new rules aimed at moving more production of electric vehicle batteries and the materials that power them to the United States, building a strategic industry now dominated by China. The rules are intended to limit the role of Chinese companies in supplying materials for electric vehicles that qualify for … [Read more…]