Ford is ramping up its efforts to compete in the affordable electric vehicle market, according to a report from Electrek. The automaker recently presented dealers with renderings of potential new electric models, including sedans, crossover SUVs, and pickups, all aimed…
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,…
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…
Tesla’s energy segment is gaining attention from analysts as a significant contributor to the company’s valuation. While the electric vehicle business remains Tesla’s primary focus, the energy division is showing promising growth and potential, according to a recent MarketWatch report.…
Lucid Motors CEO Peter Rawlinson has ignited a heated discussion in the electric vehicle (EV) industry with a bold claim about his company’s technological edge. In a recent LinkedIn post, Rawlinson highlighted the Lucid Air Pure’s impressive efficiency figures and…
Taiwanese electronics giant Foxconn is making a bold move into the electric vehicle (EV) market, according to the New York Times. The company, best known for manufacturing iPhones, is planning to build a 700-acre campus dedicated to EV production in…
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…
Chinese automaker Li Auto is making waves in the electric vehicle market with its extended-range electric vehicles (EREVs). These innovative cars are addressing range anxiety concerns while offering the benefits of electric driving, according to a recent Bloomberg report. The…
Tesla continues to grow its Supercharger network, recently adding a new location in Shoreline, Washington. This expansion, reported by Tesla Charging on X, showcases the company’s ongoing efforts to enhance charging infrastructure for electric vehicle owners. New Supercharger Details The…
Tesla, the electric vehicle giant, finds itself in a peculiar position as its CEO Elon Musk endorses Donald Trump for president while the company continues to lobby for EV-friendly policies. This curious dynamic, reported by Reuters, highlights the complex relationship…
Tesla is set to improve the electric motor in certain Cybertruck models, according to a report from Electrek. This move aims to boost reliability and efficiency for early adopters of the innovative electric pickup. Free Drive Unit Upgrades for Early…
Lucid Group (LCID) saw its stock rise in premarket trading on Tuesday following the release of its second-quarter sales report. The electric vehicle manufacturer outperformed market expectations, according to Barron’s. Lucid’s Q2 Performance The EV maker’s quarterly results demonstrated stronger-than-anticipated…
Tesla has released a new YouTube video demonstrating the off-road prowess of its highly popular Cybertruck. The video offers an in-depth look at the electric vehicle’s advanced features designed for tackling challenging terrain. Adaptive Off-Road Modes The Cybertruck boasts a…
Ford Motor Company CEO Jim Farley expressed growing optimism about the automaker’s ability to produce electric vehicles (EVs) profitably in the U.S., thanks to supportive government policies, reports Axios. This development is crucial as Ford, the second-largest EV brand in…
Chinese Car Companies Demand 25% Tax on European Vehicles Chinese car companies have called on their government to impose import taxes of up to 25% on European Union (EU) rivals if the bloc follows through with its threat to impose…
The Tesla Model 3 Long Range has become fully eligible for the $7,500 federal tax credit for electric vehicles (EVs) in the United States. This credit applies to EVs with batteries originating from the U.S. and is taken off at…
General Motors (GM) has announced ambitious plans for its next-generation Chevy Bolt, positioning it to become the most affordable electric vehicle (EV) in the US market. This move marks GM’s ongoing commitment to the EV revolution, despite some setbacks and…
DJI Automotive Brings Drone Expertise to Cars DJI, the world’s leading drone manufacturer, is making significant strides in the automotive industry through its subsidiary, DJI Automotive. By leveraging its expertise in drone technology, DJI Automotive is reportedly offering affordable autonomous…
Volvo Cars reported a 13% increase in global sales for May 2024, reaching 68,034 units. Reuters reports that the growth was primarily driven by a 27% surge in Europe and the strong performance of the fully electric EX30 model. However,…
Electric vehicles (EVs) are not just a greener alternative to gas-guzzlers; they could also be the key to stabilizing the electrical grid. Automakers like Ford, GM, BMW, and Renault are exploring ways to use EV batteries for energy storage, potentially…
Nissan is revising its electric vehicle (EV) strategy, delaying two planned EV sedans and prioritizing crossover production at its Canton, Mississippi plant. The automaker reportedly aims to adapt to changing market conditions and ensure the right products are launched at…
The Lucid Air Sapphire, a high-performance variant of the already impressive Lucid Air, has taken the electric vehicle market by storm. With its unparalleled driving dynamics, top-of-the-line features, and eye-watering $250,000 price tag, this sedan is setting new standards in…
Tesla’s upcoming annual general meeting (AGM) on June 13 faces potential hurdles as tens of thousands of international retail shareholders, holding around $17 billion in stock, may be unable to vote due to inadequate cross-border voting systems provided by investment…
Jeep has unveiled its first electric model for the US, the Wagoneer S, a premium SUV with an estimated 300 miles of range. The Launch Edition, the only trim announced so far, starts at $71,995 and goes on sale this…
Ford and GM’s leaders disagree on the future role of hybrid vehicles Ford’s CEO, Jim Farley, argues hybrids should be viewed as a viable long-term solution, while GM’s CEO, Mary Barra, considers them a temporary step towards full electrification, according…
According to a recent Bloomberg report, the sluggish start to US electric vehicle (EV) sales in 2024 may not be as concerning as it initially appears. While some indicators point to a potential slowdown, others suggest an industry on the…
Sales of used Tesla Model Y cars are surging as their prices fall significantly. The trend reflects a broader shift in the electric vehicle (EV) market, where both new and used EV inventories are increasing, leading to lower prices and…
The End of a $5 Billion Partnership: Honda and GM Part Ways on Affordable EVs In a surprising turn of events, automotive giants Honda Motor and General Motors (GM) announced the discontinuation of their collaborative efforts to develop affordable electric…
The U.S. auto safety watchdog is delving deeper into the recent recall of Ford’s electric vehicle, the Mustang Mach-E. The key concern? Whether Ford’s recall sufficiently tackled the issues at hand. In June 2022, Ford pulled back nearly 49,000 of…
There’s big news in the electric vehicle (EV) world. General Motors (GM), the automotive giant, revealed on Wednesday its latest strategic move: a hefty $60 million investment in Mitra Chem, a budding Silicon Valley startup. What’s the deal with Mitra…
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