Evelozcity, the U.S. electric vehicle startup, has changed its name to Canoo and said on Monday that it will offer a range of EVs to private and commercial customers by subscription only. Canoo is positioning itself as a “boutique California…
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Musk lawyers: Tweet in SEC contempt claim 'not material'
Elon Musk’s lawyers said that the Securities and Exchange Commission failed to satisfy its heavy burden of showing that the Tesla Inc. CEO should be held in contempt, and the tweet prompting its contempt motion was both proper and “not…
Mexico, Brazil reach trade pact for light vehicles
MEXICO CITY — Mexico’s government said on Tuesday it had reached an agreement with Brazil on the free trade of light vehicles, subject to a 40 percent regional content requirement, paving the way for more open commerce between Latin America’s…
Volkswagen Group’s ‘Tesla killer’? It’s the parts bin
INGOLSTADT, Germany — Automakers from Detroit and Tokyo, Seoul and Stuttgart and all points in between invariably introduce each new electric vehicle as their own “Tesla killer.” Despite the increased competition and a number of other problems it faces, Tesla…
Audi plans fresh overhaul to regain lost ground to BMW, Mercedes
INGOLSTADT — Audi said it will present a plan in May to regain momentum after falling behind rivals Mercedes-Benz and BMW as the brand braces for more challenges from high spending on electric cars and new emissions tests in Europe.…
Tesla reportedly in talks with battery maker CATL for China order
Tesla Inc. is in talks about ordering rechargeable batteries from top Chinese producer Contemporary Amperex Technology Co. Ltd. to power Model 3 cars the U.S. electric automaker plans to start assembling at its new factory near Shanghai, people familiar with…