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Apple is in late-stage talks with startup Prompt AI to bring on the company's employees and its computer vision technology.
For years, Tesla CEO Elon Musk has promised investors that Tesla would someday be able to turn their existing electric vehicles into robotaxis.
A leap of faith is required anytime an investment is based on predicting what the future will hold in five to 10 years.
Analysts said Ferrari's 2030 financial targets, which were announced as part of the firm’s Capital Markets Day event, fell short of expectations.
Shares of Europe’s biggest automakers fell Wednesday, amid industry concern about the impact of the European Union’s new steel import quota plan.
Tesla's Model Y standard SUV is priced just under $40,000 and Model 3 standard sedan around $37,000.
CNBC goes inside Rivian’s design lab in Irvine, California, where Chief Design Officer Jeff Hammoud shares how it created its adventure-driven EV lineup.
"Whoever wins this technology battle is likely to have the most valuable vehicle company in the world," former Tesla board member Steve Westly said.
BYD's hybrid SEAL U DM-i and electric SEALION 7 proved popular among U.K. consumers and dominated sales, the company said.
Tesla posted a teaser video on X sparking speculation that the company could finally be about to launch the next-generation Roadster or a mass market model.
Britain’s Aston Martin on Monday warned of a steeper full-year loss than market consensus, citing U.S. tariff turbulence.
Stocks for General Motors, Ford Motor and Chrysler parent Stellantis shifted from trading level or down to up roughly 2% to 4% on the report from Reuters.
Used electric vehicles are nearly at cost parity with gasoline cars — and are in some cases cheaper.
New data provided to CNBC from Motor Intelligence shows sales of EVs topped 1 million units through the first nine months of the year.
Tesla's third-quarter deliveries got a boost as some consumers rush to buy electric vehicles before a federal tax credit expired.
BYD delivered 393,060 units in September, marking an almost a 6% decline year on year.
NASA made an exception to allow work on Artemis missions with SpaceX and Blue Origin to continue during the government shutdown.
EV sales during the third quarter are expected to be a record, ahead of federal incentives of up to $7,500 ending in September.
Ford CEO Jim Farley marks his fifth anniversary as CEO at the automaker on Wednesday.
Farley said the industry learned that "partial electrification," such as hybrids, are easier for customers to accept for the time being.
Hertz said Tuesday it will now allow customers to fill out paperwork and secure financing online — allowing them to do everything except pick up the car.
Some experts say the shift toward direct online sales, especially involving e-commerce giants like Amazon, could spell trouble for dealerships.
It's set to be a record year for electric vehicle sales, but demand is expected to decline once federal incentives to buy EVs are discontinued after Tuesday.
In partially redacted files released by House Democrats appeared the names of Elon Musk, Peter Thiel and Steve Bannon.
Car dealers say the federal government has been slow to pay tax credits associated with electric vehicles since mid-September, putting them in a tough spot.
Momenta has signed deals with BMW and Mercedes-Benz among others to equip their car with its technology.
Tesla EV registrations in Europe fell by more than 20% year-over-year in August, according to data from the European Automobile Manufacturers' Association.
Cox raised its 2025 new vehicle U.S. sales forecast from a range of 15.6 million to 15.7 million to 16.1 million due to stronger-than-expected demand this year.
Shares of Carmax were down double digits Thursday after the used auto retailer missed Wall Street's quarterly earnings and revenue expectations.
Xiaomi plans to launch its electric vehicles in Europe in 2027 and is scouting for showroom locations.