America

Electric Vehicle Power: America Needs to Build Faster Charging Stations

Ford Motor Co.’s slick, new electric sleigh, the Mustang Mach-E, can be plugged into a standard electrical outlet like a 4,500-pound toaster. It’s a pragmatic trick, but not much more than that. It takes the machine 10 hours to draw enough juice to travel 30 miles. Anyone riding the silent pony further than the local coffee shop will probably need an upgraded outlet.

Americans will need 26 million new charging outlets installed at their homes and apartment buildings over the next decade, requiring some $39 billion in investments, if the country’s auto industry is going to go entirely

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Corporate America ‘can do more to pay their fair share’ in taxes

U.S. Transportation Secretary Pete Buttigieg is in agreement with his colleagues inside the Biden administration: Corporations need to pony up to help build America’s infrastructure of the future

“Well, I think that an honest look at corporate America will tell you that they can do more to pay their fair share. Look, remember we are calling for a tax rate of 28%. For most of my lifetime that rate stood at 35% and American companies were perfectly competitive, extremely competitive. So if we can handle 35%, I am pretty sure we could handle 28%,” Buttigieg told Yahoo Finance Presents

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Tesla tells China car cameras not activated outside North America

SHANGHAI (Reuters) -Cameras in Tesla cars are not activated outside of North America, the U.S. automaker said on its Chinese social media page on Wednesday, seeking to assuage security concerns in the world’s biggest car market.

Tesla faces scrutiny in China where the military in March banned Tesla cars from entering its complexes, citing security concerns over cameras in its vehicles, sources told Reuters.

“Even in the United States, car owners can freely choose whether to turn on its (the camera system’s) use. Tesla is equipped with a network security system with world-leading security levels to ensure user privacy protection,”

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Tesla (TSLA) Car Cameras Not Activated in China or Outside North America

Photographer: Xinhua News Agency/Getty Images

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Cameras that are built into Tesla Inc.’s cars aren’t activated outside of North America, the electric carmaker’s Beijing unit said in a statement on Weibo Wednesday.

Even in the U.S., vehicle owners are able to choose freely whether or not they want to turn on their cameras, Tesla said, noting that it has a world-leading network security system to protect users’ privacy.

Tesla Chief Executive Officer Elon Musk was forced to defend

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Ford slashes vehicle production at six plants in North America due to chip shortage

Ford Motor is significantly cutting production at six plants in North America due to an ongoing global shortage of semiconductor chips, including facilities that produce highly profitable pickup trucks.

The actions vary by plant but range from overtime shift cancellations to facilities being closed for up to three weeks from April through June. Or a combination of both.

The impacted plants are in Illinois, Ohio, Kentucky, Michigan, Missouri and Ontario, Canada. They produce an array of products – from F-150 pickups and vans to the Ford Explorer SUV and Ford Escape crossover.

Production of the F-150 in Dearborn, Michigan,

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VW spells out details of name change to Voltswagen of America brand amid EV shift

Editor’s note: Volkswagen of America has retracted the statement upon which this report was based. A new story can be found here.

 

Volkswagen of America on Tuesday confirmed that it will use the brand name “Voltswagen” starting in May to differentiate its line of electric vehicles — a day after the news was inadvertently leaked online.

It said Voltswagen will be placed as an exterior badge on all EV models, and gasoline vehicles will have the company’s iconic VW emblem only, as they now do. ICE-powered vehicles would display the VW logo on a dark blue background, while

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