- Tesla defies local officials by opening California factory – Autocar: Tesla Fremont plant Production resumes at EV maker’s Fremont plant in defiance of local offici…
- China’s Tesla wannabes risk running out of road in virus-stricken times – Reuters: Challenged by the arrival of Tesla in China last year, domestic electric vehicle (EV) start-ups were struggling even before the economic shock wrought by the coronavirus, but now for some it has become a battle for survival.
- Ford Mach-E to get OTA updates – Just-Auto: Ford’s upcoming all-electric Mustang Mach-E will receive over the air (OTA) software updates that work to continuously improve the SUV over its life without the need to visit a dealership.
- VW to build Northvolt battery JV infrastructure – Just-Auto: Volkswagen is to construct buildings and infrastructure for its joint venture with Northvolt at the Zwei factory to produce lithium-ion battery cells at the Salzgitter site, based on the existing Centre of Excellence for Battery Cells.
- Toyota expects annual profit to hit 9-yr low as coronavirus saps car sales – Reuters: Toyota expects annual profit to hit 9-yr low as coronavirus saps car sales
- Lockdown Leads Toyota Chief to Question Core Tenet for Carmaker – Bloomberg: Lockdown Leads Toyota Chief to Question Core Tenet for Carmaker
- Stocks making the biggest moves in the premarket: Casper Sleep, Tesla, Eventbrite, Hertz & more – CNBC: Stocks making the biggest moves in the premarket: Casper Sleep, Tesla, Eventbrite, Hertz & more CNBC
- 2021 Hyundai 45: new electric crossover drops disguise – Autocar: Hyundai’s 1970s-inspired C-segment EV gears up for production with styling inspired by bold conce…
- 2021 Mercedes S-Class partially leaked in social media shots – Autocar: Hybrid-only seventh-gen S-Class is due to be unveiled this year, but Instagram shots appear to sh…
- Toyota warns of profit collapse as pandemic hits vehicle sales – FT: Toyota warns of profit collapse as pandemic hits vehicle sales
- Honda says has enough cash but may issue bonds if new coronavirus waves hit – Reuters: Honda Motor Co has enough cash on hand, equivalent to almost two months of sales, to weather the downturn caused by the coronavirus pandemic, but may issue bonds to raise funds if there is second or third wave of infections, a senior managing director at the company, Kohei Takeuchi said on Tuesday.
- Japanese shares dip, Toyota drops after earnings warning – Reuters: Japan’s Nikkei share average slipped from a two-month high on Tuesday as concerns about further waves of coronavirus infections undermined recent optimism on economic re-openings.
- Honda posts 13% drop in annual operating profit – Reuters: Honda Motor Co on Tuesday posted an 13% decline in annual operating profit as the coronavirus pandemic started to take its toll on global car demand.
- Toyota expects annual operating profit to drop 80% as virus saps car sales – Reuters: Toyota Motor Corp said on Tuesday it expects to post its lowest annual operating profit in nine years as the automaker grapples with the impact of the novel coronavirus, which has sapped global demand for cars.
- California lawmakers question state’s vetting of failed coronavirus contracts – LATimes: Despite the issues, Newsom has stood by the BYD deal. Advertisement. Transparency has been a challenge, said Helen Kerstein of the nonpartisan …
- Fiat Chrysler restarts Brazil production after coronavirus shutdown – Reuters: Automaker Fiat Chrysler SA on Monday said it was gradually restarting operations at its three factories in Brazil, where operations had been halted for 48 days due to the new coronavirus outbreak.