Tag: industry news
Toyota issues recall for first mass-produced EV due to faulty wheels
Toyota announced late last week that it would recall 2,700 of its first electric vehicles (EVs) that were mass-produced for the international market due...
Polestar goes public via SPAC merger with Gores Guggenheim
On Friday, electric vehicle manufacturer Polestar went public through a merger with a special purpose acquisition company, or SPAC, and began trading on the...
Tesla relaunches ‘Enhanced Autopilot’ as $6,000 add-on for new vehicle buyers
Nearly all of the capabilities from "Tesla's Full Self-Driving" (FSD) package have been removed in order to relaunch its "Enhanced Autopilot" option.
It has been...
New Jersey sues Ford over hazardous waste dumping on tribal land
One of the biggest automakers in the nation, Ford Motor Company, is being sued by the state of New Jersey for allegedly disposing waste...
Berlin and Austin-based Tesla factories are losing billions says CEO Elon...
As Tesla struggles with supply chain snags that are delaying electric vehicle production, Elon Musk revealed that the EV maker is losing billions of...
Nikola founder and former CEO Trevor Milton faces new wire fraud...
Trevor Milton, former CEO and founder of EV maker Nikola, is facing a new wire fraud allegation in his criminal case with U.S. prosecutors....
Unemployment claims decline slightly, labor market remains tight
While labor market conditions remained tight last week, the number of Americans submitting new claims for unemployment benefits decreased somewhat.
Since falling to more than...
Tesla comes out on top in the 2022 Cars.com American-Made Index
Cars.com recently released its American-Made Index, which ranks all qualified automobiles made and purchased in the United States. 95 cars were ranked using the...
Electric vehicle tax credit bonus cut from spending bill says Senator...
Democrats have given up on the $4,500 electric car tax credit extra for union-made EVs as part of the Build Back Better Act, according...
AAA predicts 42 million road travelers over the July 4 holiday
According to AAA, a record 42 million people are expected to travel for the July 4 Independence Day weekend in the United States, swallowing...
