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Fisker closes deal to go public via merger

The electric vehicle maker said the transaction will fund development of the Ocean SUV through the start of production in late 2022. ...

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BorgWarner's Q3 operating income, sales edge up

The supplier, which recently acquired Delphi Technologies, saw sales growth in its drivetrain business. ...

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BYD to launch new EV platform next year

It will cost less to manufacture new models using the new platform and the vehicles will have a longer driving range, said BYD senior vice president Lian Yubo. ...

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Tesla expects rising capital expenses amid growth spurt

The automaker said in a regulatory filing that it projects spending could almost double in each of the next two years, rising to a range of $4.5 billion to $6 billion. ...

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GM putting the pieces for EV assembly into place

GM only has one electric vehicle on sale in the U.S. today, but within a few years its expected to have a North American EV manufacturing footprint comprising four plants, including one in Mexico. ...

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Tesla admits rain can force off bumpers

The automaker issued a service bulletin that repeatedly claims the problem is rare but confirms that damage from driving in heavy rain will be repaired under warranty. ...

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Hummer sets tone for how GM will develop, scale EVs

The automaker unveiled the Hummer pickup just 18 months after development work began, and GM says that timetable will become the standard for future EVs. ...

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