GM crushes earnings on improving US, Chinese sales
Shares of surged on Tuesday morning after the carmaker reported earnings that topped expectations and raised its guidance for the third time this year. The stock was up 7.3% in early trading. Earning...
EV owners: “My other car isn’t an EV”
For consumers who have made the leap to an electric vehicle, it looks like they aren’t quite prepared to ditch internal combustion engines altogether. Experian’s Q2 2024 Automotive Consumer Trends Rep...
BYD’s rapid international rise
Most Americans haven’t heard of BYD beyond the headlines about tariffs over Chinese EV companies. But this fascinating look into the rise of BYD by Bloomberg showed that the company — which has built ...
Lucid, once a $90 billion company, plunges 15% as it can’t make money and needs to raise more from investors
Shares of are plunging nearly 15% in early trading after the embattled electric-vehicle-maker announced plans to raise about $1.7 billion and said its third-quarter losses would be bigger than analys...
No, GEICO is not ending coverage of Cybertrucks
A viral story about GEICO no longer insuring Cybertrucks is not true, according to the company. A story on an automotive website called Torque News featured the tale of X user @Blkturtle7M , who clai...
Tesla’s highly-anticipated October starts with a dip
made an epic comeback last quarter, recouping all losses from this year as share prices rose 32%. But it took a hit on Wednesday as Q3 vehicle deliveries fell slightly short. Tesla said that it deliv...
The biggest barrier to the mass adoption of electric vehicles is charging them
One of the biggest pieces of Biden's plan to transition America to renewable energy is a push to supercharge the adoption of electric vehicles. The EV market has matured, with car makers offering a wi...
Ford takes aim at Tesla, offering free EV chargers and home installation to buyers
In a major move to court car shoppers who are leery of EVs, — the number two EV seller behind — announced a new program to provide free Level 2 home chargers and installation to new Ford EV car buyer...
Mexico could be the loser in US elections
The outcome of the US elections could have a big impact on... Mexico, which was supposed to be the site of tens of billions of dollars of investment by electric car companies. Bloomberg is reporting t...
Norway’s EV market keeps charging ahead
In August, electric vehicles accounted for a genuinely staggering 94.3% share of new car sales in Norway, as the nation’s road users continue to accelerate ahead of the rest of the world when it comes...
Tesla isn’t the preferred brand for potential EV buyers
A major barrier for Tesla is getting people interested in driving electric vehicles in the first place. But it’s even struggling among people who want them. About a third of Americans who are consider...
Ford slashes EV spending, kills plans for electric SUV
Ford is changing the roadmap for its electric vehicle strategy to focus more on profitability, downshifting EV spending to 30% of its capex budget from 40%. The move includes shifting some battery pro...
VW’s long-awaited minibus revival is expensive and disappointing
Seven years after revealing a concept design for a sleek, candy-colored, electric, self-driving Minibus that filled design nerds with feverish lust, is finally releasing the specs of the US 2025 ID. ...
Drained: As the EV market slows down, startups are taking it hard
The brakes have been slammed on the world of EVs — and once-red-hot startups are taking the shift the hardest, with shares in companies like Rivian and Lucid down more than 90% from their previous pea...
EV Sports
EV sports BYD, the company that’s been supercharging the electric vehicle industry in recent years with its low-cost cars and soaring sales/production figures, has unveiled its most expensive model y...
Cyber Thursday: Tesla's delivering its first Cybertrucks tomorrow
Cyber Thursday Tesla is set to roll out the first batch of its long-awaited, futuristic-looking Cybertrucks at an event tomorrow — though the exact specifications of the model, as well as how much th...
Driving profits: Tesla's cash-burning days are behind it
Burn baby, burn Tesla's trading frenzy is, of course, attributable at least in part to the company’s controversial CEO, who has sent traders into a spin with tweets (Xs?) on many occasions, including...
Electric enthusiasm: Tesla stock is traded more than any other company
Electric enthusiasm Although Tesla’s competition is working hard to catch up, the company remains unique. In the years that followed the financial crisis, leading up to the launch of the Model S, Tes...
The long road: As Tesla has gone mainstream, its prices have dropped
Objects in mirror may be closer than they appear The eyes of the automotive world were on Tesla last week. The world’s leading electric vehicle maker reported its Q3 amidst a backdrop of strikes and ...
Catching up: BYD's electric growth continues
The silent accelerator Just like the cars it makes, Chinese manufacturer BYD has quietly accelerated in the last 6 months, coming just 3,000 deliveries short of becoming the world’s leading seller of ...