EU Slashes Tariff on China-Made Teslas, Signaling Shift in EV Trade Policy
The European Union has announced a significant reduction in its planned tariff on Tesla vehicles imported from China, according to a report from CNBC. The tariff, originally set at 20.8%, has been lowered to 9%, marking a notable shift in…
Tesla Tops Luxury Segment in Consumer Satisfaction, Tied with Mercedes-Benz
Tesla has maintained its position at the top of the American Consumer Satisfaction Index (ACSI) for 2024 in the luxury segment, sharing the spot with Mercedes-Benz. This information comes from a recent ACSI study, as reported by Teslarati. Satisfaction Scores…
Uber Partners with BYD to Accelerate EV Adoption Among Ride-Share Drivers
Ride-hailing giant Uber has announced a groundbreaking partnership with BYD, the world’s largest electric vehicle manufacturer, in a bid to reportedly boost EV ownership among its drivers. The Deal: Discounts and Special Leases The agreement aims to make EV ownership…
Porsche Charges into Battery Tech with Stake in Struggling Varta
Luxury automaker Porsche is making a bold move into the electric vehicle (EV) battery space, injecting fresh capital into struggling German battery manufacturer Varta. This strategic investment, reported by EuroNews, aims to secure high-performance batteries for Porsche’s growing lineup of…
Tesla Semi Fire Shuts Down California Interstate
A Tesla Semi reportedly caught fire early Monday morning, leading to an extended shutdown of Interstate 80 in Placer County, California. The incident, which occurred around 3:16 a.m. near Emigrant Gap in the Greater Sacramento area, has raised questions about…
Volkswagen Centralizes EV Development in China to Boost Competitiveness
Volkswagen is making significant changes to its electric vehicle (EV) development strategy in China. The German automaker is centralizing its EV operations in Anhui province, aiming to better compete with local manufacturers and meet the unique demands of Chinese consumers,…
Hyundai and Kia Secure 10% of US EV Market, Closing in on Tesla’s Dominance
In a significant shift in the electric vehicle (EV) landscape, Hyundai Motor Group has emerged as a formidable challenger to Tesla’s market supremacy. According to recent data reported by EconoTimes, Hyundai and Kia have collectively captured 10% of the U.S.…
Trump Considers Ending $7,500 EV Tax Credit, Praises Electric Cars
Former President Donald Trump has indicated he might end the $7,500 tax credit for electric vehicle purchases if re-elected, according to a recent Reuters report. This statement came during a campaign event in York, Pennsylvania, where Trump shared his thoughts…
Acura’s Electric Revival: NSX-Inspired EV Performance Car in the Works
Acura, Honda’s luxury brand, is gearing up to electrify its performance lineup with a new battery-powered sports car. This exciting development, reported by MotorAuthority, signals a major shift in the company’s approach to high-performance vehicles. A New Era for Acura…
Electric Vehicle Sales Surge in the U.S.: Incentives Drive Growth
Electric vehicle (EV) sales in the U.S. are accelerating at a pace that outstrips the broader automotive market. Recent data reveals that EV registrations have surged, driven largely by strategic price cuts and government incentives. This trend highlights a significant…
EV Charging Costs Vary Wildly, Complicating the Switch to Electric
A recent Consumer Reports analysis has shed light on the significant price disparities in public electric vehicle (EV) charging across the United States. This variation in costs presents a challenge for consumers considering the switch to electric vehicles, particularly those…
Porsche’s Cautious Approach to EV Transition Amid Market Uncertainty
Porsche CEO Discusses Electric Macan and Shifting EV Goals Porsche Cars North America (PCNA) is navigating a crucial period in its electrification journey, as revealed in a recent interview with CEO Timo Resch at Monterey Car Week. TechCrunch reports that…
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