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Hyundai

IONIQ range, E-GMP platform and the Metaplant ramp — Hyundai’s EV push, tracked.

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Tesla

Mercedes EV Fire in South Korea Sparks Battery Safety Concerns

A recent incident involving a Mercedes electric vehicle (EV) in South Korea has reignited discussions about EV battery safety and transparency in the automotive industry. According to a report from the Financial Times, a fire that erupted from a parked, unplugged Mercedes EV in an apartment complex basement damaged 880 other vehicles, prompting a nationwide…

Lucid

Lucid CEO Touts Air’s Efficiency Lead, Sparks EV Industry Debate

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 suggested it would take competitors years to catch up. Lucid Air Pure’s Efficiency Milestone Rawlinson…

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…

Tesla

Chinese Battery in German Luxury EV Sparks Safety Concerns

Luxury EV Fire Ignites Debate on Battery Transparency A recent incident involving a Mercedes-Benz electric vehicle in South Korea has sparked a heated discussion about battery transparency in the EV industry. The fire, which occurred in an underground parking lot, has led to calls for greater disclosure from automakers about the batteries used in their…

Tesla Model Y: Tampa's New Taxi Trend
California

Tesla’s California Sales Slump Signals EV Market Challenges

Tesla, the electric vehicle giant, is facing headwinds in California. According to Reuters, Tesla’s car registrations in the Golden State dropped 24% in the second quarter of 2024, marking the third consecutive quarter of declining sales in this crucial market. EV Demand Softens Amid Economic Pressures The slump in Tesla’s California registrations points to broader…

Fisker's New Wave of Funding: What's Next?
Fisker

Fisker’s Electric Dreams Crash as EV Startup Files for Bankruptcy

Fisker, the struggling electric vehicle startup, has filed for Chapter 11 bankruptcy amid mounting financial woes and production challenges. The company, known for its Fisker Ocean electric SUV, had previously warned of a potential collapse due to insufficient funds to survive another year, reports CNN. In a statement, a Fisker spokesperson acknowledged the difficulties faced…

Hyundai

Hyundai’s US-Made Ioniq 5 Set to Qualify for Full EV Tax Credit

First Car to Roll Out of Georgia Factory This Fall Hyundai’s Ioniq 5 will be the first electric vehicle produced at the company’s new factory in Georgia, starting in October. CEO Jose Muñoz expects the US-made version to be eligible for the full $7,500 federal EV tax credit, which the South Korea-made model currently doesn’t…

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