GM to invest $650 million in lithium company to support EV growth

US President Joe Biden, with Common Motors CEO Mary Barra, appears to be at a Chevrolet Silverado EV as he excursions the 2022 North American Global Auto Exhibit at Huntington…

All Hyundai, Genesis, Kia Models To Support OTA Updates By 2025

The Hyundai Motor Group – which contains Genesis and Kia – pledges to offer only Application Described Automobiles (SDV) by the middle of the decade. What does that really suggest?…

Putin demands his government support Russian car industry

LONDON — Russian President Vladimir Putin purchased his federal government on Thursday to immediately come up with new steps to assist the domestic motor vehicle industry, which has witnessed revenue…

U.S. weighs cutting Russian oil imports amid broad public support

The Russian supertanker Astro Lupus waits in the Gulf of Mexico to unload a cargo of Russian crude oil in Houston. (2002, Getty Pictures)   WASHINGTON — The Biden administration…

Tesla stock is facing a critical technical support level, trader warns

Tesla’s modern declines are taking the stock to treacherous territory, a single trader warns. Shares of the electric powered motor vehicle maker fell approximately 3% to $665.71 on Tuesday immediately…

Tesla stock could drop another $110 before it finds support: Analyst

Tesla has taken yet another tumble this week. The inventory has fallen 4% considering the fact that Monday, extending a sell-off that has dragged shares down nearly 40% from a…