Technology

Taiwan Semiconductor Manufacturing Co. briefly surpassed $1 trillion in market capitalization after Morgan Stanley joined a list of brokers boosting price targets on the chipmaker.

General Motors has agreed to settle allegations that nearly 6 million of its pickups and sport utility vehicles released more emissions than the company reported.

Ford Motor Co.’s F-Series pickup truck sales dropped in the second quarter as the automaker slowly rolls out a redesign of its top-selling model to avoid quality problems and recalls.

TANGIERS, Morocco — After the U.S. passed subsidies designed to boost domestic EV production and cut into Beijing’s supply chain dominance, Chinese manufacturers began investing in Morocco.

Stellantis has invested an additional $55 million in the electric air taxi company Archer Aviation following a successful test flight and other major milestones.

Polestar Automotive Holding UK Plc is making more cost cuts after losses deepened in the first quarter as tariff barriers grow and price pressures increase for electric vehicle makers.

Northvolt AB may slow its battery projects, the latest in a line of industry reassessments after the transition to electric cars cooled.

WASHINGTON — The Biden administration said July 2 that it was providing $504 million in implementation grants for a dozen technology hubs nationwide.

DETROIT — Tesla’s global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company’s products.

Renault SA pledged to reduce its battery costs by around 20%, in a bid to remain competitive by adopting a cheaper cell chemistry and new production processes for electric vehicle components.