GM’s self-driving Cruise fined for ‘false report scandal’ in federal investigation
In a significant blow to GM's self-driving division, Cruise, the company has been fined $500,000 after admitting to submitting a misleading report to federal authorities. ... Read More
Elon Musk just hit the jackpot with Trump’s win – Tesla stock surges!
Tesla’s shares saw a dramatic spike following Donald Trump's victory in the 2024 U.S. presidential election, marking a significant shift in the electric vehicle (EV) ... Read More
General Motors stock skyrockets—profits surge as EVs electrify the market
General Motors (GM) has witnessed a significant boost in its stock price following its robust third-quarter 2024 earnings report. The automaker's stock surged by 6.9% ... Read More
Rio Tinto to become world’s third-largest lithium producer with Arcadium Lithium acquisition
Rio Tinto, one of the world’s foremost mining conglomerates, has announced its plan to acquire US-based Arcadium Lithium in an all-cash transaction valued at $6.7 ... Read More
U.S. Energy Department pumps $166m into Element 25’s game-changing battery facility
Element 25 Limited, a key player in the battery materials sector, has announced a significant financial milestone with its high-purity manganese project receiving a US$166 ... Read More
Ford Motor issues massive recall—over 144,000 drivers at risk due to camera glitch!
Ford Motor Company has issued a recall for over 144,000 of its 2022-2024 Maverick models after discovering a serious issue with the rearview camera, which ... Read More
Lunar Dawn team, led by Lunar Outpost, wins NASA contract for next-gen lunar terrain vehicle
NASA has embarked on a major journey with the Lunar Dawn team, spearheaded by Lunar Outpost as the prime contractor, in partnership with Lockheed Martin ... Read More
SDVerse unveiled: GM, Magna, and Wipro pioneer automotive software marketplace
General Motors (GM), Magna, and Wipro Limited have announced an innovative partnership to create SDVerse, a B2B sales platform dedicated to revolutionizing the automotive software ... Read More
Michigan faces job losses as GM restructures: 1,314 employees affected
General Motors (GM), a leading automotive manufacturer, has announced layoffs affecting 1,314 employees at two of its Michigan plants, connected to significant changes in vehicle ... Read More
General Motors, Komatsu partner to develop hydrogen fuel cell mining trucks
General Motors, renowned for its hydrogen fuel cell technology, and Komatsu, a global leader in mining and construction equipment, have announced a joint venture to ... Read More