Ford revealed that its EV unit is losing billions of dollars and says it should be viewed as a startup, one Ford is committed to.
Lamborghini Rolling Out Hybrid Tech Across All Models in India in 2024
Lamborghini has announced it is rolling out hybrid tech across all models in India by the end of 2024.
Ram 1500 REV Is a Major Hit As Reservations Sell Out
The Ram 1500 REV electric truck appears to be a major hit, with reservations for the first shipment sold out in less than a week.
Tesla Recalls 362,758 Vehicles Over ‘Risk of a Crash’
Tesla’s Full Self-Driving Beta (FSD Beta) just took a major hit, with the company recalling 362,758 vehicles.
Ford Pauses F-150 Lightning Shipments Over Battery Concerns
Ford has paused production and shipment of the all-electric F-150 Lightning over undisclosed battery concerns.
Ford Announces $3.5B LFP Battery Plant in Michigan
Ford unveiled plans to build a lithium iron phosphate (LFP) battery plant in Michigan, a $3.5 billion investment that will create 2,500 new jobs.
Rivian Turns to E-Bikes to Attain Profitability
Rivian is making an unusual sidestep from its electric automobile business, reportedly working on an e-bike.
GM Investing $650 Million in Lithium Americas for Lithium Mining
General Motors is investing $650 million in Lithium Americas to help develop the Thacker Pass lithium mine in Nevada.
DOJ Launches Investigation of Tesla Over Self-Driving Claims
Tesla is being investigated by the Department of Justice over the company’s Full Self-Driving (FSD) and Autopilot claims.
GM Finally Begins Production of the Hummer SUV
General Motors has finally begun production of the Hummer SUV, over a year after production of the Hummer pickup began.
EV Startup Arrival Appoints New CEO, Lays Off 50% of Staff
Electric vehicle startup Arrival has undergone a major shakeup, appointing a new CEO and announcing layoffs of 50% of its staff.
Ford Is Dropping Mustang Mach-E Prices Across the Board
Ford is cutting prices across the board for the Mustang Mach-E in an effort to remain competitive following similar price cuts from Tesla.
Tesla’s Are Getting Major Price Cuts
Potential Tesla buyers are in for some good news, with multiple models seeing some major price cuts in the US and Europe.
South Korea Fines Tesla $2.2 Million for Short-Changing EV Ranges
Tesla has been fined $2.2 million for not disclosing conditions in which the range of Tesla EVs may be less than advertised.
Tesla Cannot Use ‘Full Self-Driving’ Name in California
Tesla can no longer use “Full Self-Driving” (FSD) to describe its self-driving software in California, following the passage of a new law.
Canada to Require 20% Zero Emission Vehicle Quota by 2026
Canada is one step step closer to phasing out fossil fuel vehicles, requiring 20% of vehicles to be zero emission by 2026.
VinFast Chooses T-Mobile as Exclusive Wireless Carrier for Its EVs
T-Mobile has scored a big win, with electric vehicle (EV) maker VinFast choosing the magenta carrier as its exclusive wireless partner.
Ford Is Now the Second-Largest EV Maker
Ford has moved into second place among electric vehicle (EV) makers, passing Hyundai to take its place behind Tesla.
Want Faster Acceleration in Your Mercedes? That Will Cost $1,200 Annually.
Mercedes is the latest automaker to jump on the most deplorable trend in the industry, charging $1,200 annually for faster acceleration.