Tesla Is Shutting Down Its Shanghai Plant. It’s Not as Scary as It Sounds.

“T’was the night before Christmas and Tesla was shutting its Shanghai plant down…” Reuters and other outlets reported that Tesla (ticker: TSLA) was suspending production at its Shanghai plant on Saturday, with the suspension lasting about a week.

Rivian Recalling Nearly All of Its Vehicles

Rivian Automotive is recalling nearly all of its vehicles to address a potential problem that could cause customers to lose steering control, the company said Friday. The electric truck and SUV maker said the recall was made after it discovered a fastener connecting the upper control arm and steering knuckle may have been improperly installed. … Read more

Ford Faces $1.7 Billion Verdict in Fatal Rollover of F-250 Pickup

Ford Motor is facing a potential $1.7 billion in punitive damages after a Georgia jury reached a verdict Friday in a case involving a 2014 rollover of a Ford F-250 pickup truck that left two people dead. The Gwinnett County jury determined that damages should be imposed on Ford for selling 5.2 million Super Duty … Read more

Boeing Clears Hurdle for Resuming 787 Dreamliner Deliveries

U.S. air-safety regulators signed off on a Boeing plan aimed at addressing problems with the 787 Dreamliner, a major step before the company restarts deliveries of the aircraft, according to people familiar with the matter. The first 787 delivery is expected to occur within days, one of the people familiar with the matter said. Resuming deliveries … Read more

China’s Nio halts EV production as COVID lockdowns disrupt its supply chain

Nio Inc., the China-based electric-vehicle maker, over the weekend warned of delivery delays after suspending production due to COVID-19 restrictions that have disrupted its supply chain. “There will be a delay in the delivery of vehicles for many customers in the near future, and we ask for your understanding,” Nio NIO, -1.77% said in a … Read more