Tag: electric vehicles
Senate Republicans move to scrap federal EV tax credits, impose new...
On February 12, Senate Republicans introduced two bills to eliminate federal electric vehicle (EV) tax credits and impose a new $1,000 fee on EV...
GM to dodge 50% of tariff costs, Ford sees industry at...
General Motors and Ford are preparing for the potential fallout of the ongoing trade war, but their outlooks are drastically different. While GM remains...
Trump to announce new reciprocal tariffs, raises steel and aluminum duties
On February 10, U.S. President Donald Trump announced plans to impose reciprocal tariffs on foreign imports. This move doubled down his stance that other...
Toyota recalls 106K Tacoma Trucks over brake hose safety issue
Japanese automaker Toyota is recalling approximately 106,000 2024-2025 Tacoma 4-wheel-drive vehicles in North America due to a potential safety issue with the rear brake hoses. The...
IONNA launches first EV charging station in North Carolina
IONNA, the EV charging network backed by the world's leading automakers– BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz, Stellantis, and Toyota – just opened...
Wholesale used-vehicle market sees slight price increases in January
According to the latest data from Cox Automotive, wholesale used-vehicle prices saw a slight uptick of 0.4% in January compared to December. The Manheim...
Karl Brauer, iSeeCars.com, breaks down used car market trends
iSeeCars analyzed over 7.7 million used car sales from the last five model years. Their latest study reveals some fascinating results and intriguing data...
Tesla hikes Model X prices by $5,000 following previous increases
Tesla is raising the price of the Model X by $5,000 in the United States. The all-wheel drive Modex X, which was previously priced...
Foxconn emerges as potential Nissan partner after Honda deal collapses
Nissan has officially ended merger discussions with Honda and is now open to working with new partners, including technology firms such as Taiwan’s Foxconn,...
Toyota reports strong Q3 income while advancing battery plant initiatives
On February 5, Toyota officially released its financial results for the third quarter of its fiscal year ending in March 2025. The automaker saw...