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Michigan

Michigan Scores $355M Boost for EV Battery Manufacturing

The U.S. Department of Energy (DOE) just dropped a bombshell in the EV world, announcing $355 million in federal funding for EV battery manufacturing projects across Michigan. This cash injection, courtesy of the Bipartisan Infrastructure Law, is set to supercharge the state’s role in the electric vehicle revolution. Breaking Down the Big Bucks Let’s take…

Stellantis Faces Dealer and Union Pushback Amid EV Transition
Stellantis

Stellantis Faces Dealer and Union Pushback Amid EV Transition

Stellantis is navigating rough waters as it pushes forward with its electric vehicle strategy in the U.S. According to a recent report from Automotive News, the automaker is facing significant resistance from both its dealership network and the United Auto Workers (UAW) union. Dealer Discontent Stellantis dealers aren’t happy campers. They’re struggling with inventory shortages,…

Trouble in Tesla Town: Unveiling Model Y's Glitches Model Y. Photo courtesy of Tesla, Inc.
Model Y

Tesla Model Y Closes In on Toyota RAV4, Ford F-150 Slips

The electric vehicle (EV) market is heating up, and Tesla’s Model Y is making waves. According to a recent report by Wolf Richter for WOLF STREET, the Model Y is now a hair’s breadth away from becoming the best-selling model in the US, closing in on the Toyota RAV4. Meanwhile, the Ford F-150, once the…

VinFast Delays North Carolina Factory Until 2028, Focuses on Lower-Cost Markets
VinFast

VinFast Delays North Carolina Factory Until 2028, Focuses on Lower-Cost Markets

VinFast, the Vietnamese automaker, has announced a significant delay in its plans to build an electric vehicle (EV) factory in North Carolina. Originally slated for 2024, the factory’s opening has been pushed back to 2028. This move comes as the company looks to invest in lower-cost markets like Indonesia and India, as reported by The…

Volvo Revamps Plug-In Hybrid Strategy, Eyes Longer Electric Range
Volvo

Volvo Revamps Plug-In Hybrid Strategy, Eyes Longer Electric Range

Volvo is shifting gears on its electric vehicle strategy, planning a renewed push into plug-in hybrid vehicles (PHEVs) despite previously aiming to go fully electric by 2030. The Swedish automaker is now focusing on extending the electric range of its PHEVs, as reported by Motor Authority. Volvo’s New PHEV Strategy Volvo’s chief product and strategy…

Mercedes-Benz Shares Tumble After Profit Warning Due to Weak China Demand
Mercedes-Benz

Mercedes-Benz Shares Tumble After Profit Warning Due to Weak China Demand

Mercedes-Benz, the German luxury automaker, has seen a significant drop in its share price following a profit warning issued on September 20, 2024. The company cited weakening demand in China as the primary reason for the downgrade, which has had ripple effects across the European automotive sector, reports CNBC. Profit Warning Details Mercedes-Benz announced a…

Lucid Group Cuts Workforce Amid Restructuring
Lucid

Lucid Motors Expands to Detroit, Tapping Local Talent for EV Growth

Lucid Motors, a Silicon Valley-based electric vehicle (EV) startup, has officially opened a new office in Southfield, Michigan, aiming to tap into Detroit’s rich automotive talent pool and boost its operations. This strategic move comes as Lucid prepares for the launch of its highly anticipated Gravity, a three-row electric SUV. CBT News reports that the…

Rivian

Rivian Rolls Out Tri-Motor EVs: A New Era for Electric Trucks and SUVs

Rivian is making waves in the electric vehicle (EV) market with its latest tri-motor configuration for its trucks and SUVs. The company is now shipping these models, offering an extra power boost over the dual-motor version. This new setup features an impressive 850 horsepower powertrain, utilizing Rivian’s in-house Enduro motors—one in the front axle and…

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