Navigating Challenges: How Ford is Addressing Its Electric Vehicle Setbacks and Labor Costs The automotive world was taken aback as Ford Motor Co. faced a 6% drop in its share prices during Friday morning’s trading session. This downturn comes in…
Chairman Akio Toyoda Highlights the Need for Diverse Solutions in Achieving Carbon Neutrality Toyota Motor’s Chairman, Akio Toyoda, recently shared insightful commentary on the state of the electric vehicle (EV) industry, emphasizing the necessity for a varied approach in the…
The End of a $5 Billion Partnership: Honda and GM Part Ways on Affordable EVs In a surprising turn of events, automotive giants Honda Motor and General Motors (GM) announced the discontinuation of their collaborative efforts to develop affordable electric…
Embracing Tesla’s Charging Technology: The Industry’s Shift In an industry buzzing with innovation and a race towards a greener future, a majority of automakers have placed their bets on Tesla’s advanced Supercharger technology, adopting the North American Charging Standard (NACS)…
Tesla Faces Inquiries from the U.S. Justice Department The U.S. Justice Department has intensified its scrutiny of Tesla, Elon Musk’s electric vehicle powerhouse, by issuing subpoenas and requesting documents related to the company’s driver assistance system, Autopilot, and its vehicle…
Tesla’s ongoing legal battle challenging Louisiana’s direct-sales ban has garnered support from the U.S. Justice Department. The dispute roots back to a 2017 Louisiana law prohibiting direct vehicle sales to consumers, requiring them instead to purchase vehicles through dealers or…
The Tesla Cybertruck has recently been in the spotlight, and not for a usual reason. Can this electric pickup actually withstand bullets? Back when Tesla first showcased the Cybertruck, they boasted about its unparalleled strength: “Cybertruck is built with an…
In a significant move, the state of New Hampshire has opened its arms to electric car giant Tesla, marking a milestone in the expansion of electric vehicle (EV) infrastructure in the region. The city of Portsmouth has been eyed as…
As the electric vehicle (EV) frontier continues to evolve, Tesla is gearing up to carve a significant niche with its highly anticipated Cybertruck. A major milestone in this journey has been achieved with the live update of the Tesla Cybertruck’s…
With the electric vehicle (EV) tide surging globally, the Chinese auto brand Zeekr has leaped onto the scene, weaving its ambitions into the fabric of the automotive future. The Geely-owned marque, though a nascent entrant founded in 2021, is propelling…
Electric truck sensation, Volta Trucks, finds itself on rocky terrain. The company, a household name for electric vehicle enthusiasts, recently declared bankruptcy and is now on a frenzied search for a potential buyer to lift it from the crisis. Hailing…
In a significant move, Toyota Motor, the world’s sales leader in the automotive world, announced a shift in strategy. Starting in 2025, Toyota will incorporate Tesla’s North American Charging Standard (NACS) for its battery-electric vehicles (BEVs). “This decision reflects our…
In a bid to navigate the challenges posed by higher interest rates, Tesla found its gross margin for the third quarter shrinking compared to the previous year. The electric automaker resorted to significant price reductions, slashing prices by over 6%…
In a move that generated significant buzz, Lucid recently introduced a promotional price for its luxury sedan, the Air. This strategic decision yielded impressive results. According to a Reuters report, the company witnessed a nearly 4% sequential jump in its…
Is the future of automotive transportation truly green? Tesla, the electric vehicle powerhouse, thinks we can do even better. Tesla’s Push for Stricter Fuel Economy Rules According to a recent report by Reuters, Tesla has put forth a compelling argument.…
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