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Multiple automakers are signaling the return of incentives as they consider options to address rampant unaffordability in the car market

OEMs actively discussing affordability, expect to see discounts and incentives

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Multiple automakers are signaling the return of incentives as they consider options to address rampant unaffordability in the current car market. In comments made to...
Sierra club

Why it’s challenging to find EVs at a dealership right now

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In today's market, finding an EV in dealers' stock to test-drive and buy is tricky. On May 8, the Sierra Club revealed its latest...
Rivian

Rivian slows Q1 losses, eyes profitability by 2024

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Rivian ended the first quarter with a smaller loss than last year thanks to greater revenue and successful cost-cutting measures. The electric vehicle manufacturer saw...
Toyota saw quarterly profits push past the previous year's number but failed to prevent an annual loss due to the rising costs of materials

Toyota forecasts higher profits in 2024 buoyed by EVs and increased...

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Toyota saw quarterly profits push past the previous year's number but failed to prevent an annual loss due to the rising costs of materials. The...
2024 Ford Ranger Raptor

Ford’s redesigned 2024 Ranger pickup arrives in North America

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Ford has debuted a redesigned version of its popular midsize pickup, the Ranger, for the model year 2024. Engineers have undertaken a complete overhaul of...
In its quarterly financial report, Fisker announced it was cutting its yearly production goal to a range of 32,000 to 36,000 units

Fisker adjusts production target, reports another loss in Q1

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In its quarterly financial report, Fisker announced it was cutting its yearly production goal of 42,400 units to a range of 32,000 to 36,000...
lithium Tesla

Elon Musk, Texas Gov. Greg Abbott break ground on new Tesla...

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On May 8, Tesla CEO Elon Musk and Greg Abbott, the Governor of Texas, broke ground at the Corpus Christi location of the company's...
Lucid has published its quarterly financials, revealing a mixed bag of encouraging growth and ongoing weakness

Lucid reveals mixed bag of first-quarter earnings, struggles to spur demand

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Amidst growing concerns over brand recognition, electric vehicle manufacturer Lucid has published its quarterly financials, revealing a mixed bag of encouraging growth and ongoing...
CEO Warren Buffet and vice chairman Charlie Munger expressed uncertainty over the electric vehicle market and its current competitive makeup

Warren Buffet, Charlie Munger decline to pick winner in EV race

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In remarks given during a weekend conference, CEO Warren Buffet and vice chairman Charlie Munger, both of investment firm Berkshire Hathaway, expressed uncertainty over...
v12 FSD Beta

Tesla switches gears with Full Self-Driving, will feature end-to-end AI in...

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For the FSD Beta v12, Tesla intends to enhance its self-driving system using end-to-end AI. Although the FSD Beta already has AI, it's only...