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New York’s aggressive push to electrify transportation is gaining momentum, with the state’s Drive Clean Rebate program injecting $30 million to offer up to $2,000 off new electric vehicles (EVs) at the point of sale, combinable with the federal $7,500 tax credit. NYSERDA’s initiative aims to make EVs more accessible, countering price barriers and federal…
Genesis, Hyundai Motor Group’s luxury brand, is poised to unveil its flagship electric SUV, the GV90, at the 2025 New York International Auto Show, starting April 18. Previewed by the striking Neolun concept, the GV90 promises to blend minimalist Korean design with cutting-edge technology, positioning it as a formidable contender in the premium electric vehicle…
Tesla’s dominance in the U.S. electric vehicle (EV) market is slipping, with sales declining nearly 9% in the first quarter of 2025, even as the overall EV market expanded by 11%, according to a recent report by Cox Automotive. The research firm’s data reveals a shifting landscape where traditional automakers like General Motors (GM) and…
Tesla is preparing to introduce a smaller, more affordable version of its popular Model Y crossover in late 2025, according to automotive intelligence firm AutoForecast Solutions. The development aligns with Tesla’s broader strategy to expand its market reach through more accessible price points while maintaining its industry-leading cost efficiency, reports Forbes. Sam Fiorani, an analyst…
General Motors (GM) has reported a significant boost in its electric vehicle sales for the third quarter of 2024, according to their latest sales results. The automaker’s EV deliveries surged by 60% year-over-year, reaching a record 32,095 units. Record-Breaking Quarter for EVs While GM’s total vehicle sales in the U.S. reached 659,601 units, making it…
GM’s electric vehicle ambitions are ramping up, despite falling short of earlier targets. The automaker is betting on an expanding EV lineup to boost sales and catch up to competitors, according to a recent CNBC report. Let’s dive into the details of GM’s evolving EV strategy and what it means for the future of electric…
In a big win for electric vehicle (EV) owners, General Motors (GM) and Tesla have teamed up to open over 17,800 Superchargers in the U.S. and Canada to owners of Chevy, GMC, and Cadillac EVs. This move gives GM EV owners access to one of the most reliable fast-charging networks in the nation, joining Ford…
Tesla continues to dominate brand loyalty in the automotive industry, challenging recent media narratives about customer dissatisfaction, according to a recent report from S&P Global Mobility. Strong Loyalty Despite Limited Portfolio Tesla boasts a brand loyalty rate of 67.8% for the first half of 2024, significantly outpacing the industry average of 52.5%. Vince Palomarez, associate…
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