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F-150 Lightning, Mustang Mach-E, and the Skunkworks platform — Dearborn’s electric bet, tracked.

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Elon Musk

Tesla’s Supercharger Expansion Hits Speed Bump After Layoffs

Tesla’s once-rapid Supercharger network expansion has hit a snag following recent workforce reductions, according to a detailed report from The Wall Street Journal. This slowdown comes at a crucial time for the electric vehicle pioneer as it faces increasing competition and pressure to open its charging network to other automakers. The Numbers Behind the Slowdown…

China

Global EV Sales Surge 20% in August, Driven by China’s Record Numbers

Global sales of electric vehicles (EVs) and plug-in hybrids jumped 20% year-over-year in August, according to a report from market research firm Rho Mot, according to Reuters. This growth was largely fueled by China’s booming EV market, which saw a staggering 42% increase in sales. China’s EV Market Dominance China’s EV sales hit a record…

Kia's Electric Van Revolution: PV5 Set to Shake Up the Market
Kia

Kia’s Electric Van Revolution: PV5 Set to Shake Up the Market

Kia’s gearing up to make a splash in the electric van world with its upcoming PV5. This mid-size hauler, part of Kia’s new Platform Beyond Vehicle (PBV) lineup, is set to hit production in South Korea next year. Let’s dive into what we know so far, according to a report from Carscoops. Futuristic Looks, Practical…

Ford's Turbulent Times: Shares Dip Amid EV Struggles and Labor Uncertainty
Ford

Ford CEO Sounds Alarm on Chinese EV Threat

Ford CEO’s China Trip Sparks Major EV Strategy Shift Jim Farley, Ford’s chief exec, is sounding the alarm after a recent China visit left him shaken by the country’s EV prowess. The Wall Street Journal reports that this wake-up call is driving significant changes in Ford’s approach to electric vehicles. The China Shock During his…

Tesla Cybertruck Dominates High-End EV Market, Boosts Overall EV Sales
Cybertruck

Tesla Cybertruck Dominates High-End EV Market, Boosts Overall EV Sales

Tesla’s Cybertruck is making serious waves in the electric vehicle world, especially in the luxury pickup segment. According to recent reports, the futuristic truck is not just turning heads – it’s driving up EV registrations across the board. Cybertruck’s Impressive Sales Performance The numbers don’t lie – Cybertruck deliveries hit 5,175 units in July 2024,…

Tesla Rolls Out New Financing Deal for Model Y and Model 3
Model Y

Tesla Rolls Out New Financing Deal for Model Y and Model 3

Tesla has just introduced a new promotion in the U.S. for the Model Y and Model 3, offering $0 due at signing with a 2.49% finance rate for 36-72 month loans. This move is part of Tesla’s ongoing strategy to boost sales and maintain its competitive edge in the EV market. Zero Down Payment, Low…

Power Surge: Kia and Hyundai Embrace Tesla Tech
GM

G.M. and Hyundai Team Up to Push Electric Vehicle Innovation

General Motors and Hyundai are joining forces to develop new vehicles and technologies, aiming to cut costs and speed up innovation. This partnership, announced on Thursday, will focus on internal combustion, electric, and hydrogen-powered vehicles, as reported by the NY Times. A Collaborative Effort The two automakers have signed a nonbinding agreement to explore areas…

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