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Stellantis Invests $55 Million in Air Taxi Start-Up

Stellantis Invests $55 Million in Air Taxi Start-Up

Stellantis has invested an additional $55 million in Archer Aviation, a pioneer in the fast-emerging field of drone-like flying taxis. That follows a previous $110 million investment the Euro-American automaker made in Archer. And it comes at a time when the start-up completed a milestone flight and is preparing to open up a new assembly plant in Georgia.

Hackers Hijack June Sales, Automakers Report Mixed Sales Picture

Hackers Hijack June Sales, Automakers Report Mixed Sales Picture

Hackers blurred the sales picture for June. But it appears that overall demand was less than stellar, major brands like GM, Toyota and Hyundai reporting modest declines for the second quarter overall. That said, EV sales were stronger than anticipated — with one key exception.

Who Says EV Sales Are Slowing? Tesla, Maybe – But Not GM, Ford, Toyota or the Koreans

Who Says EV Sales Are Slowing? Tesla, Maybe – But Not GM, Ford, Toyota or the Koreans

It’s become conventional wisdom that EV sales are slowing. With one high-profile exception, the latest numbers would tell you quite the opposite is true. As data roll in for June and the second quarter we’re seeing a number of manufacturers reporting solid increases...

Mercedes Pumping New Life Into its Gas Engines

Mercedes Pumping New Life Into its Gas Engines

With the EV market taking longer to charge up than many have expected, Mercedes-Benz is putting money back into the development of internal combustion technology, as well as hybrids, CEO Ola Kallenius said. But the automaker isn’t scrapping plans for a new EV architecture, despite recent reports, the executive said.

Analysts Predict Tesla Deliveries to Drop for Second Straight Quarter

Analysts Predict Tesla Deliveries to Drop for Second Straight Quarter

Electric vehicle sales have been pretty steady as a group, but that’s in large measure due to Tesla, the segment leader, seeing sales drop since the start of the year. Analysts predict Tesla’s global deliveries will drop at least 3% during Q2 while other EV makers are making gains. Find out more at Headlight.News.

Automakers Demand Rollback of New Pedestrian Safety Rules

Automakers Demand Rollback of New Pedestrian Safety Rules

With fatalities rising fast, NHTSA has enacted rules requiring the use of sophisticated detection and auto-braking technologies intended to protect pedestrian – as well as those riding bicycles and motorcycles. But automakers are pushing back, claiming they can’t meet the new mandates set to go into effect in 2029.