Tag: electric vehicles
GM and Ford prioritize gasoline cars in Q1 amidst EV challenges
The market eagerly anticipates the first-quarter results of two leading U.S. automakers, General Motors (GM) and Ford. Despite facing challenges such as a slowdown...
Republican attorneys general sue EPA over emission standards
On April 18, Republican attorneys general from 25 states filed a lawsuit against the U.S. Environmental Protection Agency (EPA). They claimed the agency had...
Faulty accelerator pedal prompts recall of Tesla’s Cybertruck
On Friday, April 19, the National Highway Traffic Safety Administration (NHTSA) issued a recall for Tesla's Cybertruck, Elon Musk's acclaimed 'best product ever ',...
Rivian announces second round of layoffs to boost profitability
Rivian, the EV startup, is taking drastic measures to boost its profitability. The company is implementing a second round of layoffs this year, which,...
Tesla share price continues to plunge as Q1 earnings report looms
Tesla share prices continued to fall this week after a leaked internal memo indicated the company planned to lay off more than 10% of...
Hydrogen fuel cell car sales plummet amidst stiff competition from EVs
The recent uptake of cars based on hydrogen fuel cell technology is declining in the United States, especially in California, where the availability of...
Does America have a used EV problem – or opportunity?
In the US, there are two used cars on the road for every new one. Pre-owned auto sales is big business. Plummeting prices, soaring...
Fisker expands dealer network after Ocean electric SUV price cuts
California-based electric vehicle (EV) startup Fisker is seeking to improve its financial situation by expanding its dealer network. The company has recently recruited a...
Treasury reports U.S. auto dealers get $580M in advance EV tax...
Since January 1, auto dealers have received reimbursement from the U.S. government for nearly $580 million in advance point-of-sale customer electric vehicle (EV) tax...
Depreciation study shows EVs lose value fastest – Karl Brauer |...
A study by iSeecars.com sheds insight on cars that lose the most value after just one year and those that retain the most value....
