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Tesla reports record 405,000 vehicle deliveries in Q4, misses annual guidance

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Despite losing 65% of its market value in 2022, Telsa is still the world’s most valuable automaker. In a report released by Telsa, its...
Tesla discount

Rare Tesla discount gets boost for holidays as investors worry over...

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In an extreme departure from form, the holiday Tesla discount will be doubled to $7,500 in the U.S. The Tesla discount was already a rare...
USPS vehicles

USPS vehicles to be electrified by 2028, thanks to Inflation Reduction...

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United States Postal Service vehicles will be partially electrified by 2028, according to a recent press release. The 230,000 USPS vehicles currently in operation have...
Chevy Bolts, 2023 chevy bolt

Fire risk in Chevy Bolts forces GM to recall 140,000 units

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General Motors has announced another recall of 140,000 2017-2023 Chevy Bolts due to a potential fire hazard. The automaker said that a design flaw in...
EVs

Are EVs really more sustainable, efficient, and marketable than ICEs?

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With Dodge announcing the end of an era, it’s a “Last Call” for the Charger and Challenger in a switch to EVs —whether customers...
Biden energy, truck emissions

Biden hopes to improve smog, makes new update to truck emission...

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The Biden Administration has announced new clean air standards which target heavy-duty truck emissions. Although the rule change won't take effect until 2027, it is...
EV sales, chevy bolts

Auto leaders have lowered their EV sales outlook after slow growth

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In a new report, KPMG unveiled data showing how the auto-industry's EV sales outlook has soured over the course of 2022. Using survey responses from...
tax incentive

EV tax incentive delays could work in auto industry’s favor

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The U.S. Treasury Department announced it would delay key pieces of its 2023 electric vehicle tax incentive guidelines until March. Originally, the agency aimed to...
microchip shortage

Microchip shortage now expected to last until next Christmas

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While hopes of a supply chain recovery persisted throughout the year, industry insiders now expect microchip shortages to last throughout 2023. Semiconductor and chip manufacturers...
sell EVs

Buick to require $300,000 minimum from dealerships hoping to sell EVs

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Buick dealerships hoping to sell EVs will be required to make a $300,000 minimum investment. The money will fund upgrades to the investing dealer's training,...