Tesla nears million-vehicle mark in 2021, despite supply-chain challenges

2020 Tesla Model 3Despite supply-chain issues affecting the entire auto industry, Tesla claims robust 2021 deliveries came close the million-vehicle mark. Tesla delivered a record 936,172 vehicles in 2021, according to a company financial report, up from 499,550 vehicles in 2020 and 367,500 in 2019, when Tesla's manufacturing footprint only effectively included its...

Report: Hyundai stops developing internal combustion engines

2022 Hyundai Elantra NHyundai Motor Group is winding down development of internal combustion engines, The Korea Economic Daily reported last week. The automaker closed its research and development center for combustion engines in Namyang, South Korea, according to the report, which cited industry sources familiar with the matter. "Now, it is inevitable to convert into...