general motors

Rivian's smashing entry into Wall Street, where its value soared higher than that of the traditional Detroit automakers, is confirmation of investors' voracious appetite for any company making electric vehicles.The IPO was the largest in the United States...

Shares of Rivian surged as much as 53 percent in its Nasdaq debut on Wednesday, giving the Amazon-backed electric vehicle maker a market valuation of more than $100 billion (roughly Rs. 7,44,950 crore) after the world's biggest initial...

Rivian, an American automaker specializing in electric pickup trucks, sport utility vehicles and vans, announced Tuesday it had raised $11.9 billion (roughly Rs. 88,250 crores) in its Wall Street debut.Backed by Amazon and Detroit automaker Ford, Rivian set...

The global semiconductor chip shortage cost Volkswagen and Stellantis a combined 1.4 million vehicles in lost production in the third quarter, Europe's two biggest carmakers said on Thursday, though both reported some early signs of improvement.Volkswagen, Europe's top...

Chevrolet has announced that it will unveil its all-electric Silverado at the Consumer Electronics Show in Las Vegas on January 5. The launch of the pickup truck is set to heat up the electric vehicle market as...

Qualcomm on Monday said it will supply a key computing chip for the digital dashboard in a new Renault electric vehicle.San Diego, California-based Qualcomm, the world's biggest supplier of key semiconductors in mobile phones, has been expanding into...

Shares of Korean battery maker LG Chem slid to a nine-month low on Friday as investors digested reports linking fires in General Motors Co and Hyundai Motor Co vehicles to LG batteries from at least two Asia plants.Documents...

Electric vehicle maker Rivian said it has confidentially filed paperwork with regulators for an initial public offering, setting the stage for a blockbuster year-end market debut as it looks to tap into a red-hot IPO market in the...

Self-driving startups like Cruise and Pony.ai have begun testing their driverless cars in some parts of California in the past year, with an additional feature: Human operators.While there is no driver behind the wheel, the passenger seat is...

Declaring the US must “move fast” to win the world's carmaking future, President Joe Biden on Thursday announced a commitment from the auto industry to produce electric vehicles for as much as half of US sales by the...