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Supply chain challenges rising from the war in Ukraine could make electric vehicles (EV) more expensive to build as raw material prices shoot up.
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In January, Tesla Inc. lead U.S. luxury market sales, lapping segment leader BMW in new vehicle registration, finds Experian data.
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The number of potentially affected vehicles has also fallen with 4,622,752 vehicles affected so far.
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Tesla’s Model Y could overtake BMW as the top-selling luxury model when its plant opens in Texas.
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The White House hosted the chief executives of major U.S. companies including auto and tech sector firms this week to discuss President Joe Biden's $1.75 trillion Build Back Better legislation.
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Consumers ranked Tesla’s app the highest, but respondents reported they were not completely satisfied with any of the apps they tested.
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The new rating system requires safeguards that help drivers stay focused and not treat systems, such as Tesla's Autopilot and Volvo's Pilot Assist, as self-driving cars.
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Short supplies of new vehicles drove a dip in consumer loyalty of over 3 percentage points, according to Experian.
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Ford Motor Co. CEO Jim Farley says he hopes to overtake Tesla in U.S. electric-vehicle sales, but first he hopes to overtake GM.
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Chrysler owner Stellantis presents a strategy to generate additional revenue through in-vehicle services.
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