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Ford'S Electric Leap: A Record-Breaking 14% Rise In Ev Sales In Q3 2023

Ford and GM CEOs Clash Over the Future of Hybrids

Ford and GM’s leaders disagree on the future role of hybrid vehicles Ford’s CEO, Jim Farley, argues hybrids should be viewed as a viable long-term solution, while GM’s CEO, Mary Barra, considers them a temporary step towards full electrification, according…

Tesla Model 3 In Satin Rose Gold Factory Wrap.

Tesla Accused of Blaming Drivers for Known Defects

Reuters reports that Tesla has been tracking chronic flaws and failures in its vehicles’ steering and suspension parts for years, according to company documents dated between 2016 and 2022. Despite this knowledge, the electric car maker has sought to blame…

Us Ev Sales Slowdown: Just A Blip Or A Bust?

US EV Sales Slowdown: Just a Blip or a Bust?

According to a recent Bloomberg report, the sluggish start to US electric vehicle (EV) sales in 2024 may not be as concerning as it initially appears. While some indicators point to a potential slowdown, others suggest an industry on the…

Lucid Group Cuts Workforce Amid Restructuring

Lucid Group Cuts Workforce Amid Restructuring

Lucid Group is cutting around 400 jobs, about 6% of its workforce, as part of a restructuring plan to optimize operating expenses. The move has impacted the stock price. Lucid Job Cuts and Financial Impact Lucid Group is reducing its…

Pepsico Expands Tesla Semi Fleet In California

PepsiCo Expands Tesla Semi Fleet in California

PepsiCo Adds 50 Tesla Semi Trucks to Fresno Fleet PepsiCo is boosting its electric vehicle lineup with 50 new Tesla Semi trucks, set to operate from its Fresno, California, facility in the coming months. Key Points “Our fleet electrification is…