Auto Industry News

General Motors Co and travel operator Pilot will develop a network of 2,000 electric vehicle charging stalls at travel centers in U.S. to make it easier to recharge near highways.

The judge overseeing Twitter Inc's $44 billion lawsuit against Elon Musk has a no-nonsense reputation as well as the distinction of being one of the few jurists who has ever ordered a reluctant buyer to close a U.S. corporate merger.

The United States does not expect Saudi Arabia to immediately boost oil output and awaits the outcome of an OPEC+ meeting on Aug. 3.

Ford Motor Co and South Korean battery maker SK On Co along with its subsidiary finalized setting up a joint venture for building and operating battery production facilities in the United States.

The United States and Mexico announced a resolution to a dispute at a Panasonic auto parts plant in Mexico, with workers receiving an above-inflation pay rise after the firm rejected an agreement with a union that lacked lawful bargaining authority.

Nyobolt has raised 50 million pounds ($59 million) in Series B funding to build a UK manufacturing plant in 2023 to produce millions of battery cells.

Taiwan's government is considering fining tech giant Foxconn up to T$25 million ($835,600) over its investment in a Chinese chip conglomerate without first getting regulatory approval.

Tesla CEO Elon Musk said the electric automaker could lower prices for cars if inflation calms down.