The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and ...

The $3 Billion financial grants will fund 25 projects in 14 states, including election battleground states such as Michigan ...

Mercedes-Benz Group cut its full-year guidance, citing a deteriorating economic backdrop and weakness in China, and became the latest carmaker to turn more cautious about its outlook.

Nio, one of Tesla’s Chinese rivals in the EV market, is slashing the price of its new Onvo-branded SUV, the L60.

Ford executives shocked fans and skeptics by announcing radical changes to its electric vehicle strategy. In a series of ...

Chinese automaker Maxus launched Europe’s first AWD electric pickup, beating Toyota, Ford, and several others to the market. The ...

Best known as a billionaire owner of X, X.AI, SpaceX, Dogecoin, and controversial comments, Elon Musk's main wealth is from ...

Most global automakers, unable to match or catch up with China’s rapid shift to electrified vehicles, and losing market share ...

Ford CEO Jim Farley bluntly described Chinese EVs as an "existential threat," underscoring their rapid advancements ...

The Big Three from Detroit have historically been unafraid of Chinese automakers to the point of being downright dismissive.

As both presidential candidates amp up their efforts to win over battleground state voters, former President Donald Trump ...

On Sept. 18, the Federal Reserve announced a 50-basis-point cut to its benchmark interest rate. This was its first interest rate cut in more than four years. The cut was at the high end ...