Topic: auto

Pandemic-Induced Car Shortages Continue to Drive Up Prices for New and Used Vehicles

06/10/2026, 11:32 AM business review auto

The ongoing effects of the Covid-19 pandemic continue to inflate car prices in the U.S. market, impacting both new and used vehicles due to significant supply shortages. This situation is likely to persist, affecting consumer purchasing power and market dynamics.

Rivian CEO RJ Scaringe Aims to Establish R2 SUV as a Mainstream Competitor to Tesla

06/09/2026, 01:33 PM business growth auto

Rivian is launching its new R2 SUV, aiming to transition from a niche luxury EV maker to a mainstream competitor against established brands and Tesla. This move is crucial for Rivian's profitability and market presence, as it seeks to achieve cash-flow positive status with the R2 models.

BYD Projects 80% of Car Sales in China Will Be Electric Amid Slowing Market Growth

06/09/2026, 07:32 AM business forecast auto energy

BYD is optimistic about the future of electric vehicle sales in China, predicting that EV penetration could reach 80%, contrasting with rival Nio's more pessimistic outlook. This optimism is supported by strong domestic demand and advancements in battery technology, despite challenges such as U.S. tariffs and increased competition.

Analysts JPMorgan upgraded Tesla (TSLA) rating to Neutral, citing advancements in AI and supply chain integration

06/05/2026, 03:33 PM investing rating_growth Analysts: analysts, JPMorgan ai auto

JPMorgan has upgraded Tesla's stock rating from 'underweight' to 'neutral,' highlighting the company's strengths in supply chain integration and AI capabilities, which could positively influence its market position ahead of significant upcoming events.

Tesla’s (TSLA) China-made EV Sales Surge Nearly 40% in May Amid Market Recovery

06/03/2026, 08:31 AM economy growth auto

Tesla's electric vehicle sales in China surged nearly 40% in May, reflecting a broader recovery in the country's EV market, which is significant for investors monitoring the competitive landscape and growth potential in the sector.

China’s Zelostech Plans to Reduce Dependence on Nvidia by Utilizing Multiple Chip Suppliers for Self-Driving Systems

06/01/2026, 11:33 PM review ai auto

China's push for tech self-sufficiency is gaining momentum as companies like Zelostech shift away from reliance on Nvidia for chip supplies, indicating a significant change in the competitive landscape for autonomous vehicle technology and AI development.

Legal Disputes Threaten Progress in Air Taxi Industry as Joby Aviation and Archer Engage in Court Battles

05/29/2026, 10:32 AM economy review auto

The ongoing legal disputes among air taxi manufacturers Joby Aviation, Archer, and Vertical Aerospace are raising concerns about the future of the electric vertical take-off and landing (eVTOL) sector, potentially deterring investors and delaying crucial FAA certifications.

LG Electronics (066570) shares surge 24% following announcement of automotive innovations utilizing Google technology

05/29/2026, 02:33 AM stock_growth auto

LG Electronics' shares rose nearly 24% following the announcement of new automotive technologies developed in collaboration with Google's Android operating systems, highlighting the growing demand for in-vehicle digital solutions.

Tesla’s Autonomous Vehicle Fleet in Texas Significantly Smaller than Waymo’s, New Filings Show

05/29/2026, 12:37 AM economy review auto

Tesla's autonomous vehicle fleet in Texas is significantly smaller than Waymo's, with only 42 authorized vehicles compared to Waymo's 577, highlighting the competitive landscape in the driverless ridehailing market.

Waymo Launches Ojai Robotaxis for Select Riders Amid Fleet Expansion Efforts

05/28/2026, 03:31 PM economy announcement auto

Waymo is launching its new Ojai robotaxis for select customers in major U.S. cities, aiming to reduce manufacturing costs and enhance performance in adverse weather conditions. This expansion is crucial for Waymo as it seeks to maintain its competitive edge in the autonomous vehicle market against rivals like Tesla and Amazon's Zoox.