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Florida’s fire marshal Jimmy Patronis has issued a stark warning about the potential hazards of electric vehicles and other lithium-ion battery-powered devices as Hurricane Milton approaches. The Category 5 storm, expected to make landfall on Florida’s central west coast, could create dangerous conditions for EVs exposed to storm surge, reports CBS News. The EV Fire…
Lamborghini’s Cautious Approach to Electrification Five years ago, Lamborghini made a bold decision to hybridize its entire lineup, but it didn’t jump headfirst into full electrification like many expected. Instead, it placed its bets on hybrid technology, while competitors rushed to release pure EVs. Today, with the pressure for automakers to electrify easing up, it…
The Trump campaign has launched a provocative new ad in Michigan, taking aim at the Biden-Harris administration’s electric vehicle (EV) policies. This move has ignited a fiery debate in the crucial swing state, known for its deep-rooted automotive heritage, as reported by Politico. Controversial Claims and Republican Political Strategy Trump’s ad boldly claims that Vice…
EVgo, a major player in the electric vehicle charging space, saw its stock soar an impressive 61% following a bullish call from J.P. Morgan. This dramatic rise highlights the growing interest and potential in the EV charging market, as reported by Barron’s. J.P. Morgan’s Bullish Stance J.P. Morgan analyst Bill Peterson upgraded EVgo shares from…
Caterham’s pushing forward with its electric sports car plans, tapping Yamaha for some serious EV know-how. The Collaboration The British sports car maker announced it’s partnering with Yamaha to develop its Project V electric sports car. Yamaha’s not just providing the powertrain – they’re also bringing their “vehicle motion control” tech to the table. Tokyo…
General Motors (GM) has reported a significant boost in its electric vehicle sales for the third quarter of 2024, according to their latest sales results. The automaker’s EV deliveries surged by 60% year-over-year, reaching a record 32,095 units. Record-Breaking Quarter for EVs While GM’s total vehicle sales in the U.S. reached 659,601 units, making it…
The U.S. Treasury has reported a significant milestone in electric vehicle (EV) adoption, with $2 billion in tax credits issued for over 300,000 EVs since January 1st. This surge in EV purchases comes as new point-of-sale tax credit rules took effect, making it easier for consumers to take advantage of rebates worth up to $7,500…
The US Commerce Department has proposed a far-reaching rule that could effectively ban Chinese-developed software and connectivity-related hardware in cars sold in the United States. This move, reported by The New York Times, is part of a broader effort by the Biden administration to limit Chinese influence in the automotive sector, particularly in the rapidly…
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