Tag: electric vehicles
Toyota announces EV investments, higher profit and pay raises after Q3...
Toyota delivered several updates in the wake of its third-quarter report, highlighting the speed with which the brand has recovered from its post-pandemic inventory...
Ford expands its BlueOval Charge Network to include 3 new charging...
Ford is increasing the number of chargers in its BlueOval Charge Network in North America by 25%, bringing the total to more than 106,000.
The...
Panasonic cuts electric vehicle battery production amidst demand fears
Japanese tech manufacturer and Tesla supplier Panasonic has reduced electric vehicle battery production, sparking fears of an electric vehicle slowdown.
In its earnings report released...
Rivian’s Illinois plant fully embraces clean energy for EV charging
At its Normal, Illinois, facility, Rivian has installed a 2.8 MW wind turbine that, when combined with solar power, will provide clean energy for...
Navigating roadblocks: overcoming customer objections when selling EVs
As electric vehicles continue rolling into inventory, dealerships play a pivotal role in selling these vehicles and educating potential buyers about the ins and...
Ford earnings underwhelm analysts, automaker postpones EV investments
Ford on Thursday retracted its full-year earnings guidance after posting an underwhelming third-quarter report. The announcement came on the same day company executives reached...
Stellantis to invest $1.58 billion in China’s Leapmotor, plans joint venture
Stellantis has announced a $1.58 billion investment into Chinese electric vehicle maker Leapmotor.
The investment will give the manufacturing conglomerate a 20% stake in the...
Lexus reveals next-gen LF-ZC concept, a luxury EV promising greater range
Although Lexus has already launched its first EV, the RZ, the Japanese brand, unveiled its promising LF-ZC concept at the Japan Auto Show.
The company's...
The biggest takeaways from dealership and OEM third-quarter reports — Kevin...
Third-quarter reports from the big dealership groups and automakers are in, giving analysts insight into the impact of the ongoing United Auto Workers strike...
Honda halts $5 billion project with GM to develop smaller EVs
Honda and General Motors announced that they are abandoning their joint project to create affordable electric vehicles. The decision comes a year after agreeing...