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Executive Chairman of Ford Motor Co., Bill Ford Jr., said the United States is “not yet ready” to compete with China in electric vehicle production. He further added that his company is not leaving any stone unturned in their preparation. “They developed very quickly, and they developed them on...
General Motors has announced that it will integrate Tesla’s electric vehicle charging standard in the company’s future EVs starting in 2025. GM CEO Mary Barra made the announcement on June 8, 2023 while on a Twitter Space with Tesla CEO Elon Musk. The announcement is coming about two weeks after...
Honda, a Japanese automaker, was one of the first to bring hybrid vehicles to the market. Futuristic-looking Insight was first unveiled in 1999. However, Honda has not sustained the tempo when it comes to transition to all-electric vehicles, leaving it at the bottom of the queue. So far, the...
A change in Tesla’s website indicates that all new Tesla Model 3 vehicles will be eligible for full $7,500 federal EV tax credits. The tax credit is broken into two equal halves of $3750 each. To get the first half, 50% of a vehicle’s battery components must be produced or assembled in North...
A rare partnership will make Waymo robotaxis available for food delivery and ride hails on Uber’s app in Phoenix later this year. According to the May 23 announcement, a specific number of Waymo vehicles will be available to Uber Eats delivery customers and Uber riders in Phoenix. “Fully...
Hyundai Motor Group announced a strategic partnership with LG Energy Solution Ltd on Friday, May 26, 2023, for the building of a $4.3 billion electric battery plant. The facility will be part of Hyundai’s new EV assembly plant in southeast Georgia. The investment will be split between both...
A rare collaboration in the auto industry will see Ford Motor partner with Tesla on charging initiatives. Speaking on Thursday, May 25, the CEOs of the companies confirmed that the agreement will open up over 12,000 Tesla Superchargers across the United States and Canada to current and future...
During an interview with Wall Street Journal, Tesla CEO, Elon Musk revealed that the company would announce the location for its next gigafactory before the end of the year. The clip of the interview was first shared on Twitter by Sawyer Merritt who is a Tesla enthusiast. Musk has been in...
The shortage of electric vehicle charging stations remains one of the reasons stopping some drivers from making the switch to electric. However, with the ongoing development in wireless EV charging, range anxiety, and insufficient electric vehicle charging stations will soon stop being an excuse...
Hertz is steadily expanding its electric vehicle rental fleet. The latest was the announcement on Thursday, May 11 that it was adding about 6,000 rental EVs to its existing fleet in Orlando. The new additions are targeted at business and leisure customers as well as rideshare drivers. “It seems...
Sales of Volkswagen’s electric vehicles in China plunged in the first quarter. However, the German automaker said it would not cut prices to boost demand in the region. Volkswagen revealed on Thursday, May 11 that it delivered 141,000 EVs in the first quarter, a 42% rise compared to the same...
Toyota Motor Corp on Wednesday, May 10, 2023, projected that its operating profit will climb by 10% this business year which ends in March 2024. The automaker also expects its sales of pure electric vehicles to jump five-fold as the global supply chain disruption from chip shortage eases. The...
On Tuesday, May 9, Rivian Automotive Inc announced a quarterly revenue that beat Wall Street estimates. The electric vehicle maker sold more of its higher-priced EVs and insisted that it will hit an annual production forecast of 50,000 cars—notwithstanding lingering supply chain constraints...
Lucid Group Inc announced its first quarter revenue on Monday, May 8 and it was below expectations. The company also trimmed its production target for 2023 as demands continue to be affected by recession fears, rising interest rates, and the EV price war sparked by Tesla price cuts. The result...
WAV, the company behind the famous GEM Neighborhood electric vehicle (NEV) recently announced that it was adding a solar panel option that will transform the roof of their EVs into an energy source. When it comes to low-speed vehicles (LSV) in the United States, GEM’s trims are one of the most...
Ford Motor Co. has opened orders for its F-150 Lightning truck. The move is part of the automaker’s plan to ramp up production to 150,000 units annually. However, the company seems to be facing another production challenge in the form of missing door handles, a source revealed to Reuters. In...
Electric vehicle drivers often complain about how long it takes to recharge the battery. It could be anywhere from 20 minutes to 1 hour depending on the EV brand and the type of charger. Charging at home is even worse and will take several hours for the battery to be fully charged. This has...
On Monday, May 1, 2023, Tesla’s website showed that the electric vehicle maker has raised the prices of some of its EVs by up to $290 in the United States, Japan, China, and Canada. This was the first time that Tesla would be hiking the price of its two top-selling models in multiple markets...
General Motors is ramping up preparation for the launch of its new Silverado EV later this year. The Detroit, Michigan-based automaker is planning to build a $200 million electric vehicle facility that will support the production of the new truck. In the first quarter of this year, GM sold over...
Most families care about the environment and would love to make the switch to electric vehicles but are held back by the high price tag. On the other hand, affordable electric vehicles are usually minuscule quadricycles that are distasteful. That makes the BYD Seagull the first truly affordable...