Tag: industry news
Tesla pivots ‘untrained’ service workers over to sales for Q3 push
Tesla is moving employees around again and transferring service workers back to the sales department to facilitate an end-of-quarter sales push.
Last year, sources reported...
Experts say California’s timeline to phase out gas cars is ‘not...
Experts aren’t so sure that California’s plan to phase out gas-powered vehicles by 2035 is achievable and have signaled that the transition to EVs...
Tesla seeks lithium refinery on Texas coast, but not without tax...
Tesla is investigating the feasibility of a new lithium hydroxide refining facility on Texas’s gulf coast. The electric vehicle company sent a letter to...
Update: Treasury Sec. Yellen pushes economic resilience at Ford EV plant...
9/12/2022: US Treasury Secretary Janet Yellen made a visit to Detroit late last week, during which she had lunch with Detroit Mayor Mike Duggan,...
Biden Administration announces strategy for $50 billion CHIPs Act spending
Earlier this week, the US Department of Commerce outlined plans for a rollout of $50 billion in funding for domestic semiconductor chip manufacturing as...
Jeep unveils four EV additions to lineup, two will be released...
Jeep released more information regarding additions to its all-electric lineup and the company’s plans to increase the percentage of EVs in its portfolio. The...
Market outlook reaches record low according to Cox Automotive’s Q3 Dealer...
The Cox Automotive Dealer Sentiment Index for the third quarter of 2022 shows that auto dealers have a mostly pessimistic view of the market, likely...
EV startup Harbinger will debut next week at the Detroit Auto...
Visitors to the Detroit Auto Show will get the chance to meet the new EV startup company, Harbinger Motors Inc. The California-based startup will...
Fed officials likely to hike interest rates another 0.75 percentage point
On August 26, in Jackson Hole, Wyoming, Federal Reserve Chairman Jerome Powell made a public pledge to reduce inflation, even at the expense of the...
EV maker Polestar doubles revenue to $1 billion in first-half of...
Polestar is positioning itself to be a dominant force in the EV market. The company announced newly updated financials for the first half of...
