F-150 Lightning, Mustang Mach-E, and the Skunkworks platform — Dearborn’s electric bet, tracked.
Tesla delivered a powerful financial performance in Q3 2024, reporting adjusted earnings of $0.72 per share ($2.51 billion net income), significantly outpacing analyst expectations of $0.59 per share, according to Forbes reporting. Strong Financial Performance Marks Turning Point The EV pioneer saw its profits climb to $2.2 billion from July through September, compared to $1.9…
In a troubling revelation about one of America’s most promising electric vehicle manufacturers, a detailed investigation has uncovered serious workplace safety concerns at Rivian’s manufacturing facility in Normal, Illinois. The investigation, published by Bloomberg News, paints a concerning picture of a company racing to produce luxury EVs and Amazon delivery vans while potentially compromising w
In a significant development for autonomous EV transportation, Palo Alto officials are in preliminary talks with Tesla to transform local streets into a testing ground for the automaker’s newly announced robotaxi service. This potential partnership, first announced by city spokesperson Meghan Horrigan-Taylor, comes as the city reportedly grapples with the mounting costs of its popular…
Ford’s latest patent filing has turned heads in the automotive and security industries. The automaker recently published a patent for a vehicle-based security system that sounds like it’s straight out of a sci-fi movie. Drones and Cars: An Unlikely Security Duo The patent, filed in 2022, describes a system where a vehicle serves as a…
Tesla has significantly reduced prices for its futuristic Cybertruck, potentially aiming to sustain momentum and boost sales. This move comes as the electric pickup truck jumps to the No. 3 spot among best-selling EVs in the U.S., reports Forbes. Price Cuts Across the Board The all-wheel drive (AWD) Cybertruck now starts at $79,990, down from…
The city of St. Louis has sparked controversy by purchasing nine Ford Mustang Mach-E electric vehicles for its municipal fleet, a move that’s drawing scrutiny from some city officials. Unexpected EV Choice Raises Questions City officials aimed to reduce their carbon footprint by replacing older gas-powered vehicles with electric alternatives. However, the selection of the…
GM Energy, a subsidiary of General Motors Co., has launched a game-changing product for electric vehicle owners – the GM Energy PowerBank. This innovative stationary energy storage unit is poised to transform how EV users manage their energy consumption and interact with the grid, as announced in a recent press release. PowerBank: Your Home’s New…
Chinese electric vehicle manufacturers made a bold statement at this year’s Paris Auto Show, showcasing their latest models despite recent EU tariffs. According to reporting from The New York Times, a record number of Chinese automakers unveiled cutting-edge EVs, seemingly undeterred by the European Union’s decision to impose anti-subsidy tariffs on their vehicles. Chinese Automakers…
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