Tag: electric vehicles
Discover AI’s impact on the industry and what it means for...
We've seen the expanding role of AI in our daily lives as well as within the retail automotive industry. On the latest episode of...
Rivian exceeds Q1 2024 expectations despite plant closure and cost-cutting measures
On May 7, EV startup Rivian announced its first quarter 2024 results, which exceeded analyst expectations regarding revenue growth year-over-year. The automaker reported that...
France opens invitation to China’s BYD for an EV factory amid...
French Finance Minister Bruno Le Maire has made a significant move by inviting China's well-known electric vehicle (EV) manufacturer BYD to set up a...
AIADA leaders discuss concerns and advancements in EV transition – Cody Lusk...
The American International Automobile Dealers (AIADA) has been at the forefront of advocating for the interests and tackling the challenges faced by international nameplate...
GOP bill aims to repeal U.S. EV tax credit, hurting production...
Republicans have proposed an Inflation Reduction Act (IRA) bill to repeal the U.S. EV tax credit. If this bill passes, it would delay the...
VP Kamala Harris announces $100 million in grants for auto suppliers
Vice President Kamala Harris has announced $100 million in federal grants for automotive suppliers as the White House looks to accelerate the car industry's...
Report shows EVs driven 20% less than gas-powered cars, resulting in...
According to a recent report by iSeeCars.com, gasoline-powered vehicles that are three years old are driven an average of 12,813 miles per year. In...
Rivian gets millions in state incentives for Illinois factory expansion
Rivian Automotive announced this week that it has secured an $827 million incentive package from Illinois, intended to fund an expansion at its Normal...
Toyota establishes U.S. hydrogen headquarters in Los Angeles
Toyota this week announced that it would establish a new North American hydrogen headquarters in its Los Angeles Research and Development (R&D) office.
According to...
Tesla abandons ‘gigacasting’ production process amid cost-cutting measures
According to a recent report by Reuters, the Austin-based EV manufacturer Tesla has abandoned its plan to advance gigacasting, a groundbreaking production process. This...
