Tag: industry news
Ford unveils new futuristic EV concept car, the Lincoln model L100
Ford unveiled their new concept car, the model L100, for luxury brand Lincoln late last week. The event took place at Pebble Beach Concours d'Elegance, an ultra-luxury show...
SK Innovation, SK Energy buy controlling stake in energy company Atom...
SK Innovation and SK Energy announced they have acquired a controlling stake of US energy company Atom Power for $150 million. Atom Power is a North Carolina-based...
United States, Taiwan begin formal trade negotiations
The United States and Taiwan officials outlined plans to enter into formal negotiations for a sweeping trade treaty today. The first round of negotiations is expected...
General Motors recalls nearly 500,000 vehicles over seatbelt problem
General Motors is recalling hundreds of thousands of vehicles due to a problem with the third-row seatbelts, according to the National Highway Traffic Safety Administration...
Sonic Automotive acquires Maryland dealership from AutoNation
Sonic Automotive announced that it has acquired Audis Owings Mills dealership, located just northwest of Baltimore, Maryland. The company purchased the dealerships from AutoNation. It is the company’s...
Only 20 EVs are still currently eligible for tax credits
The Biden administration said yesterday that about 20 models of electric vehicles would qualify for tax credits worth up to $7,500 through the end...
Dodge debuts brand new Hornet plug-in hybrid compact SUV
Dodge unveiled their first electrified vehicle for the brand under new owner Stellantis on Tuesday night at an event in Pontiac, Michigan. The vehicle, called the Hornet R/T,...
EV owners unsatisfied with public charging experience, J.D. Power study finds
According to findings in a recent study by J.D. Power, electric vehicle owners are struggling to find adequate and operable charging stations, especially in high-volume...
Ford to sell green bonds as part of larger EV development...
Ford Motor Company is selling off green bonds as a way to take advantage of a credit-market rally. The automaker sold $1.75 billion of debt expected to...
Stock markets rally, S&P 500 reaches fourth consecutive week of gains
Despite a flood of discourse surrounding inflation and a possible recession in the US, the S&P 500 is now more than 8% above its...
