China has strongly criticized the European Union’s decision to impose tariffs of up to 38.1% on Chinese electric vehicles, calling it protectionist behavior and urging the EU to correct its “wrong practices,” reports Reuters. The reaction from China and other…
In a disturbing trend sweeping the nation, thieves are targeting electric vehicle (EV) charging stations, stealing valuable copper cables and leaving EV owners stranded without a charge. As the price of copper soars to record highs on global markets, criminals…
Tesla is giving some lucky shareholders an inside look at its Gigafactory Texas. The company recently announced it would offer this unique tour to randomly selected shareholders who participated in a recent vote. Exclusive Invite to Giga Texas Just weeks…
Tesla’s CEO Elon Musk has clarified that the company will not launch a refreshed Model Y this year, despite continuous improvements to the vehicle’s design and performance, reports Reuters. Musk’s Announcement On Saturday, Elon Musk took to social media platform…
New Rule Requires 65 MPG by 2031 The Biden administration announced new vehicle fuel mileage standards on Friday, aiming to transform the American auto market towards electric vehicles (E.V.s). By 2031, automakers must achieve an average of 65 miles per…
In a recent close-up photo of a Tesla Cybertruck’s circuit board, an intriguing Easter egg has been spotted. The board includes the words “Hi Sandy!” printed on it, a clear reference to Sandy Munro, a renowned automotive engineer known for…
Increased Competition, Lower Costs, and Tax Credits Drive Down Prices Electric vehicles (EVs) are becoming more accessible to a wider range of consumers as prices fall due to increased competition, lower raw material costs, and more efficient manufacturing. Federal tax…
US and EU Throw Up Roadblocks, but Automakers Grow Closer to China The US and Europe are erecting barriers to keep Chinese cars out of their markets, but at the corporate level, automakers are growing ever closer to China. President…
Tesla is standing by CEO Elon Musk’s $56 billion pay package, arguing it motivated him to create “tremendous value” for shareholders. This comes after top proxy advisory firm Institutional Shareholder Services (ISS) recommended shareholders vote against the proposal, calling it…
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…
Tesla is sending executive Tom Zhu back to China amid slumping sales and increased competition in the world’s largest electric vehicle market. Zhu, who was promoted to senior vice president of automotive in April 2023, previously led Tesla’s entry into…
Tesla CEO Elon Musk had inside information about Tesla’s impending miss on production and delivery numbers when he sold more than $7.5 billion in stock in 2022, according to a lawsuit filed by shareholder Michael Perry, reports Bloomberg. Insider Knowledge…
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…
Musk Slams New US Tariffs Tesla CEO Elon Musk has come out strongly against the new US tariffs on Chinese electric vehicles (EVs). His comments follow President Joe Biden’s decision to drastically increase these tariffs, quadrupling them in the process.…
Tesla has introduced its next-gen home battery, the Powerwall 3, to Canada, following its initial release in the U.S. earlier this year. This launch marks Canada as the first country outside the U.S. to offer this advanced energy storage solution.…
High Hopes and Heavy Losses In 2021, car rental giant Hertz made headlines with its bold move to purchase 30,000 Tesla vehicles. This decision came at a time when Tesla’s stock was soaring, and electric vehicles (EVs) were hailed as…
A Slight Deceleration in the Electric Vehicle Market In 2023, the global market for electric vehicles (EVs), encompassing both fully electric (BEVs) and plug-in hybrid vehicles (PHEVs), experienced a growth of 31%. This increase, as reported by market research firm…
Are you thinking about making the switch to an electric vehicle? Well, there’s never been a better time. Starting this January, when you walk into a dealership, you might just be able to shave off a significant chunk from the…
A remarkable transformation is sweeping through Italy’s beloved car brand, Lancia. Though overshadowed in recent years by heavyweights like Fiat and Peugeot, this brand, with its rich heritage, is preparing for a bold resurgence. The Lancia Legacy Lancia’s storied past…
When you think of electric vehicles (EVs), Jeep might not be the first name that springs to mind. However, the renowned automaker is making waves in Europe with its impressive Avenger SUV, amassing more than 40,000 reservations, with a substantial…
Italian automotive giant, Stellantis, known for brands like Jeep, Fiat, and Peugeot, is looking to grow its footprint in the booming car market of China. Recent reports from Bloomberg News suggest that the company is mulling over a collaboration with…
Europe is witnessing a new wave of cars on its roads – Chinese electric vehicles (EVs). However, these newcomers from the East aren’t just coasting; they’re faced with unique hurdles to navigate. Rolling Up with Momentum Chinese auto giants like…
Opel is stirring up excitement in the automotive world, even before the release of their all-electric vehicles. Their latest unveiling, the Experimental concept, showcases a range of innovative features, from a retractable steering wheel to advanced projection technology for the…
In a significant shift towards green mobility, Stellantis, the world’s fourth-largest automaker, announced on Wednesday the introduction of their first electric-centric vehicle platform called ‘STLA Medium’. This forms part of a new initiative to base all of their future models…
Stellantis, a global powerhouse in the auto industry, is set to soothe ‘charging anxiety’ with the launch of a new ‘Charging & Energy’ business unit. This fresh enterprise has ambitious plans to streamline electric vehicle usage and make the most…
In a surprising development, Stellantis, a key player in the global automobile industry, has ceased delivering exclusively gas-fueled vehicles to 14 U.S. states. The cars delivered will now exclusively be hybrids, but only if the customer orders them. This news…
Stellantis, one of the world’s top auto manufacturers, is set to unveil its first affordable, European-made electric vehicle (EV) this October. The Citroën e-C3, designed with a 320-kilometer (200 mile) range and the ability to fast charge in under an…
In a boost for Tesla, the Environmental Protection Agency (EPA) has now confirmed an impressive 333-mile range for the recently re-introduced Model 3 Long Range All-Wheel Drive (AWD). This model was absent from the U.S market for almost a year,…
With the version 4.5.1 update of the Mobile App, Tesla added the Charge Stats feature to help Tesla drivers estimate their charging costs and savings compared to the costs of gas. Interestingly, this latest Tesla Mobile App update was not…
In a bold move, 19-year-old Jack Sweeney asked Elon Musk for $50,000 to stop tracking the billionaire’s private jet. Sweeney manages several Twitter bots that track the movements of private jets from people such as Jeff Bezos, Bill Gates, and…
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