news

Tesla tries a winter discount for Model Y in cooling EV market

Tesla is offering $1,000 off until March “since most people don’t love to buy cars...

SK On inks deal for 34,000 tons of EV battery graphite for North American plants

The deal with Westwater Resources provides the supplier of batteries to Ford, Hyundai and Volkswagen...

Toyota’s Texas truck factory chief promoted to head of 5 more North American assembly plants

Kevin Voelkel, president of Toyota’s truck plant in San Antonio, will succeed Brian Krinock, who...

Gotion preparing ‘comprehensive’ environmental permit requests for $2.4B battery factory in Mich.

Gotion hopes to break ground in Big Rapids, Mich., later this year, or once necessary...

A third of consumers report extremely limited experience with EVs, Consumer Reports survey finds

Willingness to purchase an electric vehicle increases with experience, Consumer Reports says, but a third...

Mercedes-Benz says CLE Coupe will be largest in the segment

The 2024 Mercedes-Benz CLE Coupe starts at $57,650 including shipping and arrives in dealerships in...

San Francisco Waymo arson sparks fresh debate on self-driving cars

A crowd attacked a Waymo robotaxi when it drove toward revelers in San Francisco celebrating...

AutoNation Q4 net income drops 25%

AutoNation Inc.’s net income dropped 25 percent in the fourth quarter, another double-digit percentage decline...

Why used EV batteries are hard to value

The complexity of EV batteries can fuel dealer and consumer concerns and questions about the...

Aston Martin in talks to tackle $1.4B debt pile

As well as the $1.1 billion bond, Aston Martin also has a revolving credit facility...

France cuts EV subsidy for higher-income buyers

The government lowered the subsidy from €5,000 to €4,000 for the 50 percent highest-income car...

VW, Kia, BMW Super Bowl ads draw big interest for new EVs

VW’s nostalgia-filled commercial caused a surge in traffic on vehicle shopping websites, while Kia and...

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