Tag: EV news
Stellantis invests $29.5M in wind tunnel tech to boost EV range...
Stellantis has invested $29.5 million in advanced wind tunnel technology at its research and technical center in Auburn Hills, Michigan. This investment aims to...
U.S. greenlights major lithium mine in Nevada to challenge China’s supply...
The U.S. government has approved the construction of a massive lithium mine in Nevada, aiming to disrupt China’s hold over the global supply of...
October new vehicle sales expected to rise by 10% amid steady...
In October 2024, new vehicle sales are expected to rise by 10% compared to September, while maintaining a seasonally adjusted annual rate (SAAR) of...
Affordability and leasing trends dominate Q2 2024 – Melinda Zabritski |...
As the automotive market undergoes significant transformations, affordability remains a critical issue for consumers. However, emerging trends in leasing and cash transactions offer a...
The rise of BYD: how Chinese automakers are reshaping the global...
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Weekly roundup: GM exceeds Q3 earnings, EV sales surge, Trump proposes...
Earlier this week: GM surpassed Wall Street Expectations with robust Q3 earnings. The U.S. electric vehicle market sees record growth as EV sales hit...
Tesla posts robust Q3 earnings with $2.2B net income
Tesla reported a strong net income of $2.2 billion for the third quarter (Q3), reflecting a 17% increase compared to the same period last...
Hyundai warns of slowing demand and rising competition amid 7% drop...
Hyundai Motor has reported a 7% drop in third-quarter operating profit, citing a slowdown in demand and increased competition in the global auto industry....
10 essential tips for successfully selling your dealership– Sheldon Sandler |...
In today’s competitive automotive market, selling your dealership can be daunting, whether you're planning to retire, shift industries, or capitalize on favorable market conditions....
Car subscription services: A new model for car ownership
Car subscription services are gaining traction as an alternative to traditional car ownership models by offering flexibility and convenience in an all-inclusive package. Here,...