Tag: EV news
Rivian revives ‘all-electric upgrade’ offer with new terms until November 30
EV startup Rivian is reintroducing its “All-Electric Upgrade Offer,” which runs from now until November 30. However, several key changes have been made to...
Hyundai and Kia drive double-digit sales surge in U.S. for October
This is the third consecutive month of growth, with both companies achieving double-digit increases.
Hyundai and Kia are delivering record sales once again. Both automakers...
Hyundai’s innovative ‘Drill Lance’ tackles EV fires: A safety breakthrough
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: NADA and dealer associations challenge Scout Motors, Ford...
Earlier this week: NADA and state dealer associations set to challenge Scout Motors’ direct sales strategy. Ford sees $892M Q3 profit but faces challenges...
NADA and state dealer associations set to challenge Scout Motors’ direct...
The National Automobile Dealers Association (NADA) and state dealer groups across the U.S. are gearing up to challenge Scout Motors’ recent decision to bypass...
Stellantis reports a 27% decline in Q3 profits
Stellantis, the parent company of Chrysler, Jeep, Dodge, and Ram, continues to struggle. Its third-quarter results, published on October 31, revealed that revenue fell by 27%....
BYD surpasses Tesla in quarterly revenue as hybrid sales drive record...
On Wednesday, China’s BYD reported a quarterly revenue of 201.1 billion yuan ($28.2 billion) for the third quarter, marking the first time it has...
Biden-Harris admin awards $3B clean port grants, boosts EV demand
The Biden-Harris administration has announced $3 billion in clean port grants from the Inflation Reduction Act. This generous award will help electrify ports, reduce...
Ryan Kerrigan, Michael Dunne consider if U.S. auto market is ready...
Previously aired Oct. 31, 2024
Chinese automakers are rapidly expanding, leaving dealers to question whether this poses a threat or an opportunity for the U.S....
Who will drive America’s future? The battle for Michigan’s automotive crown...
The automotive industry has become a centerpiece in the 2024 presidential election, with Michigan, the heartland of U.S. auto manufacturing and home to over...