Tag: electric vehicles
Model S and Model X receive more price cuts after Musk...
Certain versions of Tesla's Model S and Model X have been discounted by an additional 4% and 9% respectively, following unexpected lineup-wide price cuts...
Lordstown Motors left with $220 million as it struggles with manufacturing
Lordstown Motors has revealed it has $220 million in cash as it looks to resume production after production was paused in February.
The company, founded...
Ford extends Lightning factory closure, production delayed over a month
Ford Motor Co. announced that a factory closure stemming from a battery-related fire would last until March 13, over a month after production was...
Musk reveals phase three of “Master Plan” at Tesla Investor Day
Earlier this week, Tesla CEO Elon Musk revealed the third act of his "Master Plan" at the automaker's annual Investor Day.
Speaking to investors at...
Ford patent uncovered for computer controlled repossession system
A patent was published last week detailing a Ford-created repossession system that could take control of a vehicle in the event of auto loan...
Stellantis secures EDM production in Indiana, invests $150 million
Stellantis has announced $150 million in investments towards facilities in Indiana, with the goal of securing future electric drive module (EDM) production.
Used in most...
Fisker expects to make first deliveries of Ocean EV in spring
In its fourth quarter and full-year financial report, electric vehicle startup Fisker, Inc. announced that the first deliveries of its inaugural vehicle, the Ocean...
EV battery recycler Li-Cycle to receive conditional $375 million loan
Yesterday, Lithium battery recycling company Li-Cycle announced it would be acquiring a $375 million conditional loan from the Department of Energy.
The loan is intended...
Prices, range and charge times are holding electric vehicles back
What trends should dealers keep an eye out for within the next year? The 2023 Deloitte Global Automotive Consumer Study provides interesting and possibly...
Weekly Roundup: February U.S. auto sales forecast, Tesla FSD recall
Weekly Roundup:
The National Highway Transportation and Safety Administration (NHTSA) mandated Tesla to recall 362,000 vehicles over Full Self-Driving beta software, Lithia Motors outsold AutoNation in...
