Michael Wayland
Autos Reporter at CNBC
Autos reporter for @CNBC.com. Ex-@Automotive_News, @DetroitNews, @MLive. Alum of CMU/@CMLife. Tips to: [email protected] | "Skeptical but with a smile"
Articles
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1 day ago |
nbcnews.com | Michael Wayland
May 13, 2025, 5:30 PM EDT / Source: CNBCWARREN, Mich. — General Motors expects to pioneer a new “groundbreaking” EV battery technology that the automaker says will reduce costs and boost profitability of its largest electric SUVs and trucks. GM is targeting the new batteries and chemistry inside them — called lithium manganese-rich (LMR) prismatic battery cells — to be used in full-size electric vehicles such as its Chevrolet Silverado and Escalade IQ beginning in 2028.
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1 day ago |
nbcnews.com | Michael Wayland
May 13, 2025, 5:30 PM EDT / Source: CNBCToyota Motor on Tuesday revealed a redesigned version of its sole all-electric vehicle in the U.S., with a simplified name and notable increases in EV technologies and capabilities. The new name for the EV for the 2026 model year is the “bZ,” cut down from the “bZ4X.” Toyota says the name change is to simplify it for customers, but it’s also likely a move to distance the updated model from its predecessor.
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1 day ago |
aol.com | Michael Wayland
2026 Toyota bZ EV. (Toyota)Toyota Motor on Tuesday revealed a redesigned version of its sole all-electric vehicle in the U.S., with a simplified name and notable increases in EV technologies and capabilities. The new name for the EV for the 2026 model year is the “bZ,” cut down from the “bZ4X.” Toyota says the name change is to simplify it for customers, but it’s also likely a move to distance the updated model from its predecessor.
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1 day ago |
nbcwashington.com | Michael Wayland
Andrew Kelly | Reuters Shares of Hertz plummeted Tuesday morning following the company reporting disappointing first-quarter earnings and fleet cuts amid slower bookings and tariffs. Hertz shares were off more than 20% during early morning trading before coming back slightly.
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1 day ago |
cnbc.com | Michael Wayland
Andrew Kelly | ReutersDETROIT — Shares of Hertz Global plummeted Tuesday morning after the embattled rental car company reported disappointing first-quarter earnings and a $250 million stock offering. Hertz shares were off more than 20% during early morning trading before leveling to be off about 15% to 18% toward the end of the company’s Tuesday morning quarterly earnings call that wrapped around 10:10 a.m. ET.
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GM unveils new 'groundbreaking' EV battery tech, aims to be first to market https://t.co/eusynN8R7a
Toyota reveals new name, upgraded tech for its sole U.S. EV https://t.co/Mn3GJtRfXM
Honda Motor reports 76% plunge in operating profit in huge earnings miss https://t.co/iEaDtBtkpZ
