Business, Technology, Fuel

Arrival Set Out to Beat Google, Got Stuck at the Starting Line

When Arrival, the primarily U.K.-based electric van and bus maker, was preparing to go public via a blank-check deal early last year, its ambition seemingly knew no bounds.

Craig Trudell | Bloomberg News
August 25, 2022
Government, Business, Technology, Safety, Autonomous

Musk Doesn’t Want to Hear Complaints About Driving System

Elon Musk doesn’t want to hear complaints from customers trying out the driver-assistance system that Tesla Inc. plans to start charging $15,000 for in the coming weeks.

Craig Trudell | Bloomberg News
August 24, 2022
Business, Technology, Fuel

Tesla Pauses Plant Production

A German plant reportedly will take a break this month, in addition to two model lines in Shanghai, Bloomberg reported.

Craig Trudell | Bloomberg News
July 5, 2022
Business, Technology, Equipment, Safety, Autonomous

Ford Delivers First Electric F-150

Nicholas Schmidt of Standish, Mich., became owner No. 1 of Ford Motor Co.’s first electric pickup, the F-150 Lightning.

Craig Trudell | Bloomberg News
May 27, 2022
Business

Volvo’s New CEO Says Carmaker Must Smarten Up on Software

Volvo Car AB needs to be more in control of the software it develops and deploys in its vehicles, the automaker’s new CEO said.

Craig Trudell | Bloomberg News
March 29, 2022
Business, Technology

Tesla Raises Prices Across Lineup

Tesla Inc. raised prices on all its vehicles after CEO Elon Musk said costs were increasing at the companies he runs.

Craig Trudell | Bloomberg News
March 15, 2022
Business, Technology, Safety

BMW Recalls Almost 1 Million Cars Over Engine-Fire Risk

BMW AG recalled more than 917,000 cars in the U.S. — most of them for a second time — over an engine ventilation system that could overheat and increase the risk of fire.

Craig Trudell | Bloomberg News
March 9, 2022
Business, Technology, Fuel

Milton Has Sold $284 Million of Nikola Stock Since Fraud Charges

Nikola Corp.’s founder sold his biggest batch of shares since the U.S. charged him with securities fraud, bringing the total he has disposed of since August to $284 million.

Craig Trudell | Bloomberg News
November 24, 2021
Business, Technology, Fuel, Autonomous

Tesla Reportedly Delays Cybertruck by a Year to Late 2022

Tesla Inc.’s Cybertruck pickup has fallen about a year behind schedule, blog Electrek reported, citing remarks CEO Elon Musk made on a companywide call with employees.

Craig Trudell | Bloomberg News
September 3, 2021
Business, Technology, Fuel, Autonomous

EV Startups Lose More Than $40 Billion After Taking SPAC Route Public

At their highs, five electric vehicle startups that went public through mergers with special purpose acquisition companies were worth $60 billion. The corrections that followed have been brutal.

Craig Trudell | Bloomberg News
May 14, 2021