Automotive News

HANGZHOU, China--(BUSINESS WIRE)--Zeekr, the global luxury technology brand from Geely Auto Group, delivered a record 34,377 vehicles in May, an 81.8% year-on-year increase. This marks the fourth consecutive month of double-digit growth, pushing cumulative global deliveries near 800,000 units. Amid fierce industry price wars, Zeekr achieved simultaneous volume and price growth. Flagship models—the Zeekr 9X, 8X, and 009 Grand Edition—accounted for nearly 50% of May sales. This premium mix drove...

TAIPEI, Taiwan--(BUSINESS WIRE)--Uber (NYSE: UBER), and Autobrains announced at GTC Taipei today a strategic collaboration to launch a robotaxi program in Munich, combining Uber’s ride-hailing platform, Autobrains’ agentic autonomous driving intelligence, and NVIDIA DRIVE robotaxi-ready level 4 Hyperion platform to support scalable autonomous mobility for commercial ride-hailing. Pending regulatory approval, Munich will serve as the first deployment city for the robotaxi program, establishing a...

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today shared a weekly business update from YT Jia, Founder and Global CEO of FF. “Welcome to Issue 57 of our weekly report. In the final week of May, we would like to highlight two pieces of good news: first, total sales and shipments of EAI robots reached 69 units in May, exceeding the combined total for...

ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.ind...

HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today announced the appointment of Scott A. Keller as general counsel. Keller, 44, will join Chevron on July 1 as general counsel, and will report to Chevron’s current chief legal officer, R. Hewitt Pate, in anticipation of Pate’s expected retirement in mid-2027 after 17 years of service. Upon his expected appointment to the position of chief legal officer, effective January 1, 2027, Keller will lead the company’s worldwide legal affairs...

CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE: CHPT), a global leader in electric vehicle (EV) charging solutions, and Powers Parts, a national distributor of electric and advanced mobility components, today announced a new partnership to accelerate transit electrification across North America. “Transit is critical to the broader electrification of transportation, delivering a healthier option for communities and transit riders, as well as superior experience for the drivers," said Rick...

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today announced a significant development in its ongoing effort to combat alleged illegal short selling and market manipulation. The Company has formally submitted a Regulatory Referral Letter to the U.S. Securities and Exchange Commission (SEC), requesting that the SEC review and investigate alleged ille...

CHICAGO--(BUSINESS WIRE)--The hunt for the next generation of exceptional engineers is on as Atlassian Williams F1 Team and Komatsu launch the third edition of the Komatsu Williams Engineering Academy. The global program aims to recruit the world’s most talented young engineers, and supercharge their career ambitions through e-learning, visits to cutting edge manufacturing facilities, and mentorship from experts at industry-leading machinery manufacturer Komatsu and iconic F1 team Williams. Fro...

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the first quarter ended May 31, 2026 before the market opens on June 17, 2026, and it will host a conference call with investors at 8:00 a.m. ET to discuss these results. Please note that the Company has changed the time of its earnings conference calls to 8:00 a.m. ET. Participants on the call will include Keith Barr, President and CEO, Enrique Mayor-Mora, Executive Vice President, CFO and Jon Daniels...

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals producer, today released its 2025 Sustainability Report, showcasing how the company’s materials are advancing electrification, energy storage and the circular economy. With the theme “Driving innovation – essential for the future,” the report’s highlights include upgrading technology in Sweden that recovers heat from the production process and supplies it to a city. In South Africa, operational improvements reduced w...