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investor day Ford

Ford reveals plans to ramp up EV production and boost profits

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On May 22, Ford presented its case to Wall Street at an investor event by outlining its plan to build millions of EVs while...
A Michigan dealership has adopted a payment system making electric vehicle charging more expensive for local drivers

Dealer charges drivers by minute to use new EV charging stations

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A Michigan dealership has adopted a payment system making electric vehicle charging more expensive for local drivers. Initially, Williams Hyundai of Lansing, Michigan,  charged customers...
KPMG has shed more light on the relationship between electric vehicle hesitancy and the market's limited ability to address consumer needs

Massive EV demand stifled by prices, driving range concerns

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New research from professional services provider KPMG has shed more light on the relationship between electric vehicle hesitancy and the market's limited ability to...
Toyota is urging other automakers to continue developing hybrid vehicles over concerns that full-scale electrification is unsustainable

Toyota warns against full-scale electrification, says hybrids still needed

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Toyota executives are urging other automakers to continue developing hybrid and alternative-fueled vehicles, citing concerns that the industry's rush toward electrification is unsustainable. Ahead of...
Silverado EV

Chevy expands range of Silverado EV electric work truck to 450...

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General Motors revealed that the Chevrolet Silverado EV Work Truck (WT) pickup will have 450 miles of range on a single charge, which is...
Korean automakers car theft

Hyundai, Kia agree to $200 million settlement over car theft TikTok...

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On May 18, 2023, Hyundai and Kia agreed to a consumer class action lawsuit settlement worth $200 million over rampant car thefts of the...
BEV California

California dealers are responsible for gaining BEV sales in Q1

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The latest EV report regarding car sales in California surrounds data on sales by franchised and direct dealers.  Direct EV sales were often pictured as...
EV charging

Ford supports the development of the EV charging infrastructure in the...

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Ford revealed on May 9 that it would join the U.S. Joint Office of Energy and Transportation in the National Charging Experience Consortium's debut,...
Tesla's annual shareholder meeting concluded Tuesday, May 16, leaving investors with a long list of developments to watch for

Key takeaways from Tesla’s 2023 shareholder meeting

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Tesla's annual shareholder meeting concluded Tuesday, May 16, leaving investors with a long list of developments to watch for in the coming months. CEO Elon...
Toyota now ranks 10th for future readiness according to the International Institute for Management Development

Toyota ranks 10th in future readiness study, overtaken by BYD

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After being named the second most future-ready automaker in 2022, Toyota saw its ranking decline to 10th place on Tuesday, May 16, with Chinese...