Tag: electric vehicles

Slovak government and South Korea's Hyundai Mobis sign a deal to build an electric car parts plant

BRATISLAVA, Slovakia -- The Slovak government and Hyundai Mobis on Tuesday signed a memorandum of understanding on the South Korean company’s plan to...

Biden admin to provide $750 million to North Carolina-based Wolfspeed for advanced computer chips

WASHINGTON -- The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct funding to Wolfspeed, with the money supporting...

Stellantis CEO: Company on pace to fix sales problems after poor performance

DETROIT -- Stellantis is fixing its slowing U.S. sales at the right pace after fumbling a marketing plan earlier this year, CEO Carlos...

Paris Motor Show opens during a brewing EV trade war between the EU and China

PARIS -- PARIS (AP) — Auto manufacturers competing to persuade drivers to go electric are rolling out cheaper, more tech-rich models at the...