BMW cancels $2 billion EV battery cells contract with Northvolt

Yahoo Finance
Is this the Tesla robotaxi killer? Meet the 'Verne.'
Watch out Elon Musk. there’s another robotaxi play in town, and it’s backed by a highly-regarded name in the business of EVs.
Barrons.com
Fast-Food Chains Jacked Up Their Prices. Now They’re Trying to Win You Back With Value Menus.
Fast-food chains are heading toward a price war this summer as America pulls back on dining out. While a race to the bottom could hurt all players, McDonald’s with its rich profit margin and cash flow, seems best positioned to emerge as the winner. Burger King debuted its $5 Your Way Meal earlier this month, which equates to a roughly 30% discount.
Detroit Free Press
Forget the soundbites: Here's what's really happening with all the EV delays
The auto industry is undergoing a profound transformation. The next decade will be lumpy.
Yahoo Finance
McDonald's $5 value meal hits menus as the Golden Arches looks to bring customers back
McDonald's is out with a value meal as it looks to change consumers' perception that it's too expensive.
Fox News
Red states notify Biden admin of lawsuit over 'nonsensical' EV rule
A group of red states have notified the Biden administration they will challenge the latest fuel emissions restrictions, calling a new federal rule "nonsensical."
LA Times
Irvine-based EV maker Rivian gets $5-billion lifeline from Volkswagen
Irvine-based Rivian got a big boost: Volkswagen agreed to invest up to $5 billion in a joint venture with the struggling maker of electric trucks.
The Telegraph
Volkswagen to invest $5bn in Tesla electric car rival
Volkswagen has announced plans to invest up to $5bn (£3.9bn) in US electric carmaker Rivian, as manufacturers rethink their strategies amid uncertain demand.
WTVF - Nashville Scripps
Cyberattack cripples auto dealerships across North America, including Middle Tennessee
A widespread cyberattack has disrupted operations at thousands of auto dealerships across North America, forcing many to revert to old school methods for conducting business.
Autoblog
McLaren could lean on BMW to enter the SUV segment
McLaren is open to building its first SUV on a platform borrowed from another company, and it reportedly cited BMW as one of the contenders.
Autoweek
It’s a Buyers’ Market for Now, but Car Shoppers Are Nervous
Cox Automotive analysts report that economic uncertainty, persistently high interest rates, and the presidential election weigh on the consumer psyche.
Reuters
US auto sales expected to slip in June on CDK cyber outage, report shows
The CDK outage is the latest hiccup for automakers in the United States, with over 15,000 retail locations in the country relying on the retail technology and software provider. This outage has forced some U.S. auto dealers to switch back to manual paperwork as CDK works to restore systems. The sales numbers, closely watched by analysts and the industry, have been in focus over the past few days as experts look to quantify an impact from the situation.
Soaps
George Stephanopoulos Is Missing From Good Morning America Amid Devastating Personal Loss
George Stephanopoulous’ return to Good Morning America was short-lived, as the co-host was missing again during the June 26 broadcast. So, where is George Stephanopoulos on Good Morning America and when can he be expected to return? Here’s everything we know about his absence. Where is George Stephanopoulos on Good Morning America? George Stephanopoulos was missing …
HuffPost
Newsmax Slaps Very Awkward Note On Screen During Donald Trump Interview
Critics on social media suggested the chyron meant one thing.
The Hill
CNN host fires back at Ramaswamy over terms of Biden-Trump debate
CNN anchor John Berman pushed back Wednesday at former GOP presidential candidate Vivek Ramaswamy’s suggestion that terms of the first presidential debate Thursday will give President Biden an unfair advantage over former President Trump. In an interview on “CNN News Central,” Ramaswamy, now a staunch Trump backer, said Biden had a series of advantages. “I…
The New Republic
Panicking Trump Tries Yet Another Get-Out-of-Debate-Free Card
Donald Trump seems pretty desperate to avoid debating Joe Biden.
Slate
Millions of Women Have Them. They’ve Radically Improved. Why Do Many of Us Understand So Shockingly Little About How They Work?
I learned for myself how hard it is to get a simple question answered. I'm far from alone.
The Daily Beast
Marjorie Taylor Greene Swung at a Drag Queen—and Missed
Texas Drag queen Brigitte Bandit, who fancies herself as a “Dolly Parton tribute artist,” unknowingly walked into Marjorie Taylor Greene’s confused crosshairs on Tuesday when she spoke to CNN about her mission to Capitol Hill this week. Bandit, who was in D.C. to lobby lawmakers on the Equality Act and the Transgender Bill of Rights, spoke to CNN’s Sara Sidner on Wednesday about the importance of the bill. “It’s very scary for queer people to exist in a time where we see this kind of rhetoric be
The New Republic
Supreme Court Nukes Hunter Biden Laptop Conspiracy in Brutal Ruling
Even the conservative Supreme Court thinks the far-right’s FBI conspiracy theory is ridiculous.
HuffPost
Chris Wallace's Stunning Claim On Trump Strategy For Debate Cracks Up CNN Pundit
Wallace's claim about the former president's planned approach was too much for Jamie Gangel, who repeatedly laughed.
BuzzFeed
"We No Longer Accept A Doctor's Note As Proof Of Sickness" —15 Signs Employees Spotted At Work That'll Make Your Blood Boil Over
#1: "Each employee will receive 104 personal days a year. They are called Saturday and Sunday."

Recommended Stories