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

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Tesla

Illinois to Offer $4,000 Rebate on Electric Vehicle Purchases Starting 2025

Illinois is set to launch a new initiative to boost electric vehicle (EV) adoption, offering residents substantial rebates on EV purchases beginning in 2025. This information comes from a report by WTVO Rockford. Rebate Details and Eligibility The Illinois Environmental Protection Agency (IEPA) will provide a $4,000 rebate for electric cars and a $1,500 rebate…

Mustang Mach-E

Electric Police Cars: Law Enforcement’s Unexpected Embrace of EVs

In a surprising turn of events, law enforcement agencies across the United States are increasingly adopting electric vehicles (EVs) for their fleets, according to a recent report by The Atlantic. This shift towards electrification is driven not by environmental concerns, but by practical considerations of performance and cost-effectiveness. South Pasadena PD Leads the Charge The…

Lucid Motors Smashes Delivery Records in Q3 2024, Faces Production Hurdles
Lucid

Lucid Air: Luxury EV Gets More Affordable, Pushes Efficiency Boundaries

Lucid’s electric luxury sedan, the Air, is now more accessible to consumers thanks to significant price reductions and the availability of demo models. This development marks a notable shift in the high-end EV market, potentially broadening the appeal of electric vehicles to a wider audience. Price Drops and Demo Availability The Lucid Air, once a…

Tesla

Tesla Stock Dips Despite Positive Inflation News

Electric vehicle (EV) giant Tesla saw its stock fall in early trading Wednesday, despite favorable inflation data that could potentially benefit the automotive industry. According to a report from Barron’s, Tesla shares were down 3.3% at $200.88 in early trading, underperforming broader market indices. Inflation Data and Its Impact The Bureau of Labor Statistics released…

Hyundai

Hyundai and Kia Set Sights on US Pickup Market with EREV Technology

Hyundai Motor Group is gearing up for a renewed assault on the lucrative US pickup truck market, according to a report from The Korea Economic Daily. The Korean automaker aims to challenge established players with extended-range electric vehicles (EREVs) as early as 2028. Analyzing the Competition In late July, Hyundai’s Namyang Research Center began a…

Florida

Abandoned Tesla Model 3s Discovered in Florida Field

Tesla’s refreshed Model 3 appears to be facing unexpected challenges, as reported by CleanTechnica. A recent discovery near Tampa, Florida, has raised questions about the electric vehicle maker’s inventory management and product quality. A Field of Forgotten EVs In Lutz, Florida, just minutes from Tesla’s Tampa Bay Service Center, dozens or possibly hundreds of refreshed…

Zeekr

Zeekr Unveils Groundbreaking Ultra-Fast Charging LFP Battery in New 007 Sedan

Chinese EV manufacturer Zeekr, a subsidiary of Geely, has introduced a revolutionary in-house designed ultra-fast charging LFP battery for its new 007 sedan, pushing the boundaries of electric vehicle charging capabilities. This news was reported by Sawyer Merritt, a known Tesla and EV industry insider. Charging Speed That Rivals Refueling The new battery boasts impressive…

Collision Course: Tesla Sued Over Inflated Insurance Rates Model Y. Photo courtesy of Tesla, Inc.
Europe

EV Leasing Costs Soar as Resale Values Plummet in Europe

Electric vehicle (EV) leasing costs in Europe have more than doubled over the past three years, driven by plummeting resale values that are putting pressure on leasing companies. This trend threatens to stall Europe’s electric transition, according to a report by Reuters. Leasing Companies Face Mounting Pressure Tim Albertsen, CEO of Ayvens, one of Europe’s…

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