Edition:
United Kingdom

Paul Lienert

GM to announce $300 million investment in Orion EV/AV plant

21 Mar 2019

General Motors Co will announce on Friday plans to invest $300 million in a suburban Detroit plant that builds electric and self-driving vehicles for Chevrolet and the automaker's self-driving Cruise unit, two people familiar with the plans said on Thursday.

A chaotic market for one sensor stalls self-driving cars

06 Mar 2019

Automakers and technology companies racing to develop self-driving vehicles are running into a problem: cars that can think are no good without affordable and reliable technology that allows cars to see. | Video

RPT-FOCUS-A chaotic market for one sensor stalls self-driving cars

06 Mar 2019

March 6 Automakers and technology companies racing to develop self-driving vehicles are running into a problem: cars that can think are no good without affordable and reliable technology that allows cars to see.

Amazon places big bet on aspiring Tesla rival Rivian

15 Feb 2019

DETROIT/SAN FRANCISCO Amazon.com Inc said on Friday it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive LLC, in the e-commerce giant's biggest bet on technologies with potential to reshape the automotive sector.

Fiat Chrysler shares tumble as 2019 guidance disappoints

07 Feb 2019

MILAN/DETROIT Fiat Chrysler (FCA) shares fell 12 percent on Thursday after weaker-than-expected guidance for profits and industrial free cash flow this year raised doubts about the Italian-American carmaker's longer-term targets.

Corporate investors pile into electric vehicle startups

15 Jan 2019

(This Jan. 11 story corrects second to last paragraph to reflect that Tencent, and not Geely, is an investor in WM Motor)

RPT-EXCLUSIVE-VW, China spearhead $300 bln global drive to electrify cars

10 Jan 2019

Jan 10 Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10 years, with nearly half of the money targeted at China, accelerating the industry's transition from fossil fuels and shifting power to Asian battery and electric vehicle technology suppliers.

Exclusive: VW, China spearhead $300 billion global drive to electrify cars

10 Jan 2019

Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10 years, with nearly half of the money targeted at China, accelerating the industry's transition from fossil fuels and shifting power to Asian battery and electric vehicle technology suppliers.

World News