Tag: EV news
Honda’s most recent quarter saw record profits and robust sales
In the most recent quarter, Honda's operating profit increased by 78% as improved semiconductor supply fueled North American production and increased sales for the...
Rivian reveals smaller than expected quarterly loss, updates its 2023 EV...
On August 8, the EV maker Rivian revealed a second-quarter loss that was narrower than expected and raised its EV production guidance for the...
Insights from the new 2023 edition of Google’s Dealer Guidebook with...
Are you using Google the right way? We know there has been a lot of transformation and competition in retail automotive, but nearly all...
Lucid reaffirms production target despite underwhelming earnings
Lucid has confirmed it is on track to meet its annual production target of 10,000 electric vehicles, despite scoring lower-than-expected revenue in the second...
General Motors expands V2H-capable electric vehicle lineup
General Motors plans to offer bidirectional charging technology, also known as vehicle-to-home (V2H) charging, on a wider list of upcoming electric vehicles than previously expected,...
In an updated guidance, Tesla is now eligible for $4,000 used...
A significant feature of the Inflation Reduction Act is the tax credit for used electric vehicles. The credit, which has a maximum value of...
Tesla CFO steps down amidst falling margins and electric vehicle price...
Zach Kirkhorn, chief financial officer of Tesla and long-time Elon Musk ally, has formally resigned from his position, ending a 13-year tenure at the...
Fire risk recall impacts more than 113,000 Hyundai and Kia vehicles
On August 3, 2023, Hyundai and Kia announced they were recalling more than 113,000 newer vehicles in the U.S. due to potential fire risks...
Lucid slashes price of its Air sedan due to growing competition
Electric vehicle maker, Lucid, cut prices of its Air luxury sedans by as much as $12,400. The cuts are part of an ongoing offer...
Examining the ‘turbulent’ used car market — Karl Brauer | iSeeCars
According to the most recent iSeeCars study, used electric vehicle prices have fallen by nearly 30%! On today’s CBT Now, we’re pleased to welcome...
