Florida’s fire marshal Jimmy Patronis has issued a stark warning about the potential hazards of electric vehicles and other lithium-ion battery-powered devices as Hurricane Milton approaches. The Category 5 storm, expected to make landfall on Florida’s central west coast, could…
Tesla’s making waves with a jaw-dropping new financing deal. Starting October 8, 2024, they’re offering 0% APR for up to 72 months on new Model 3 and Model Y purchases in the US. This unprecedented move could shake up the…
Tesla’s futuristic Cybertruck is causing quite a stir across the pond, with European safety advocates sounding the alarm over its unconventional design and hefty proportions. A recent report from The Guardian highlights the growing concerns about whether this electric behemoth…
Tesla is poised to make a significant leap in the autonomous vehicle space with the unveiling of its Cybercab robotaxi on October 10th. This highly anticipated reveal marks a pivotal moment in Tesla’s journey towards launching a fully autonomous ride-hailing…
Tesla’s latest offering in the UK and Europe is turning heads. The American automaker has launched a new longer-range version of its popular Model 3, boasting an impressive 436 miles of official range. This news comes from a recent announcement…
China’s commerce ministry announced provisional anti-dumping measures on brandy imports from the European Union, effective October 11. This decision, reported by Reuters, marks a reversal from their earlier stance and adds another layer to the ongoing trade tensions between China…
Nissan’s making waves in the EV world, joining ChargeScape as an equal investor alongside BMW, Ford, and Honda. This news comes to us from a recent TechCrunch report. What’s ChargeScape All About? ChargeScape’s the new kid on the block in…
A new study by economists has taken a hard look at the $7,500 tax credit for U.S.-made electric vehicles (EVs) under the Inflation Reduction Act (IRA). The findings? It’s complicated, but there’s a silver lining. According to The New York…
Tesla’s dominance in energy storage hits new heights as the only company to secure an AAA rating in the new Battery StorageTech Bankability Ratings report, outpacing competitors in the growing BESS market. According to the Battery StorageTech Bankability Ratings report,…
Lucid Motors, the luxury EV maker, has reported a record-breaking third quarter for 2024, showcasing impressive delivery numbers but grappling with production challenges. Delivery Triumph Lucid’s Q3 deliveries hit 2,781 vehicles, a whopping 90% jump from the same period last…
Rivian, the electric vehicle manufacturer, has announced a significant reduction in its production forecast for this year due to a parts shortage. This news comes from The Verge, highlighting the ongoing challenges faced by the EV industry. Production Cuts and…
Tesla’s latest quarterly report has injected a dose of optimism into the electric vehicle sector. The EV pioneer saw a 6.4% year-over-year increase in global sales for Q3 2024, delivering 462,890 vehicles from July through September. This marks Tesla’s first…
The Trump campaign has launched a provocative new ad in Michigan, taking aim at the Biden-Harris administration’s electric vehicle (EV) policies. This move has ignited a fiery debate in the crucial swing state, known for its deep-rooted automotive heritage, as…
The European Union has taken a stand against Chinese electric vehicle imports, voting to impose tariffs of up to 35% on battery cars from China. This move comes as the EU tries to protect its auto industry from what it…
EVgo, a major player in the electric vehicle charging space, saw its stock soar an impressive 61% following a bullish call from J.P. Morgan. This dramatic rise highlights the growing interest and potential in the EV charging market, as reported…
The UK’s auto industry is sounding the alarm over sluggish electric vehicle (EV) sales, warning that missing government-set targets could lead to hefty fines for manufacturers and pricier cars for consumers. This news comes from a Financial Times report detailing…
Tesla’s upcoming Robotaxi Day could be a pivotal moment for the electric vehicle giant and its CEO, Elon Musk. According to a Barron’s article, the event on October 10 in Hollywood, California, may determine whether Tesla regains its position among…
Toyota’s plans for U.S.-built electric vehicles have hit a speed bump. According to a report from Nikkei, the Japanese automaker is pushing back its timeline for American-made EVs by several months, reflecting ongoing challenges in the electric vehicle market. Kentucky…
Caterham’s pushing forward with its electric sports car plans, tapping Yamaha for some serious EV know-how. The Collaboration The British sports car maker announced it’s partnering with Yamaha to develop its Project V electric sports car. Yamaha’s not just providing…
Automakers in the UK are set to provide at least £2 billion ($2.6 billion) in electric vehicle discounts this year, yet they’re still falling short of the government’s sales mandate, according to a Bloomberg report. Record EV Registrations, but Not…
The U.S. Treasury has reported a significant milestone in electric vehicle (EV) adoption, with $2 billion in tax credits issued for over 300,000 EVs since January 1st. This surge in EV purchases comes as new point-of-sale tax credit rules took…
Deutsche Bank analyst Edison Yu has maintained a Buy rating on Tesla (TSLA) with a price target of $295.00, according to a report from TipRanks. This optimistic outlook stems from Tesla’s anticipated strong performance in Q3 2024 and exciting developments…
In a surprising turn of events, Volvo, once a trailblazer in the electric vehicle revolution, is now easing off the accelerator on its ambitious all-electric plans. This strategic shift comes as the Swedish automaker grapples with a market that’s not…
Battery-electric vehicles (BEVs) are maintaining their foothold in the US auto market, defying a broader slowdown in new vehicle sales. According to estimates from S&P Global Mobility, BEVs claimed 8% of new vehicle sales in June and July, with September…
The US Commerce Department has proposed a far-reaching rule that could effectively ban Chinese-developed software and connectivity-related hardware in cars sold in the United States. This move, reported by The New York Times, is part of a broader effort by…
A groundbreaking discovery by researchers at Georgia Tech could revolutionize the electric vehicle industry. The team has developed a new cathode material for lithium-ion batteries that costs just 1-2% of traditional materials with similar capacity. This breakthrough, reported by The…
Nio Inc., a leading Chinese electric vehicle manufacturer, is voicing strong opposition to recent tariff measures proposed by the United States and European Union on Chinese EVs. This pushback comes amidst rising trade tensions and debates over fair competition in…
Siemens is carving out its electric vehicle (EV) charging business, aiming to charge up growth in this booming sector. The German industrial giant announced on Monday that it plans to separate its Siemens eMobility unit, combining it with recently acquired…
The automotive world is buzzing after former President Donald Trump reportedly suggested imposing a 100% tariff on cars imported from Mexico if he wins the upcoming presidential election. This statement, shared by Sawyer Merritt on X, has sparked discussions about…
Lucid Motors recently held an event at the Henry Ford Museum, putting its electric vehicles in the spotlight against a backdrop of automotive history. The showcase featured the Lucid Air sedan and the upcoming Lucid Gravity SUV, as reported by…
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