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Exclusive: Toyota Looking to Boost U.S. Auto Exports to Japan, Along with $10B Investment in States

Exclusive: Toyota Looking to Boost U.S. Auto Exports to Japan, Along with $10B Investment in States

Toyota committed to invest another $10 billion in the United States, as negotiations on a new U.S.-Japan trade deal moved forward — prompting Pres. Donald Trump to tell troops stationed in Japan, “Go out and buy a Toyota.” In an exclusive report, Headlight.News reports Toyota also is looking for ways to boost U.S. auto exports to Japan.

Lucid Teams Up With NVIDIA to Bring Level 4 “Mind Off” Autonomous Driving to Market

Lucid Teams Up With NVIDIA to Bring Level 4 “Mind Off” Autonomous Driving to Market

“Hands-free” driving systems, like General Motors’ Super Cruise, are becoming increasingly common, but Lucid today announced a new partnership with tech giant NVIDIA aimed at bringing next-level technology to the highway. The Level 4 system would permit a Lucid vehicle to operate virtually anywhere, anytime with no input from a motorist who could even take a nap while driving from Point A to Point B. Headlight.News has more.

GM Turns Q3 Profit Despite $1.6B Charge Resulting from EV Plans

GM Turns Q3 Profit Despite $1.6B Charge Resulting from EV Plans

General Motors looked to be the leader in the electric vehicle market by investing heavily in the segment, and that push crimped its Q3 earnings numbers as it took a $1.6 billion charge to offset investments in its EV operations during the period. However, the company still reported a profit, and investors are happy. Get details at Headlight.News.

Rivian Chief RJ Scaringe Upbeat Despite Loss of Fed Tax Credits, Threat of Chinese Competition

Rivian Chief RJ Scaringe Upbeat Despite Loss of Fed Tax Credits, Threat of Chinese Competition

Rivian CEO RJ Scaringe says he has “never been more confident than I am today” about the future of the struggling EV manufacturer. That’s despite a series of challenges facing the battery-electric vehicle sector in general – including the loss of federal EV tax credits and the rise of the low-cost Chinese competitors who are threatening to enter the U.S. market. A critical test will come early next year with the launch of Rivian’s more affordable R2 model line. But it’s also counting on joint ventures and alliances like those with Volkswagen and Amazon, reports Headlight.News.

Lucid’s First Midsize Entry is a Year Away – If it Can Raise New Capital

Lucid’s First Midsize Entry is a Year Away – If it Can Raise New Capital

Lucid’s new Gravity model got off to a slow start, the EV marker’s CEO acknowledged, but production – and sales are ramping up, even as the company races to finish work on a trio of affordable, midsize models now scheduled to start rolling out by the end of 2026. That is, however, going to require Lucid to raise substantial amounts of new funding. More from Headlight.News.

Tesla Board Wants to Give CEO Elon Musk a $1 Trillion Pay Package

Tesla Board Wants to Give CEO Elon Musk a $1 Trillion Pay Package

He’s already the richest man in the world but the Tesla board of directors has proposed a new $1 trillion pay package that would put CEO Elon Musk’s wealth nearly on a par with the market capitalization of some of the world’s most exclusive companies. Headlight.News has more.

Ford Pushes Back Replacement for F-150 Lightning, E-Transit Vans in Shift to Affordable EVs

Ford Pushes Back Replacement for F-150 Lightning, E-Transit Vans in Shift to Affordable EVs

As it shifts to a new generation of “affordable” EVs, Ford Motor Co. will delay two other battery-electric projects, including the next-generation F-150 Lightning pickup. It may also look at adding hybrids and other products to what was supposed to be the all-electric Blue Oval City manufacturing complex outside Memphis, reports Headlight.News.