Nissan is in full-throttle emergency mode to save itself: the automaker is cutting 9,000 jobs, slashing production capacity, and selling off its stake in Mitsubishi Motors. The CEO is also reducing his own salary by half. more…
Canoo’s furloughing of nearly a quarter of its workers feels more like moving the chairs around on the deck of the Titanic than a fix.
The electric European Ford Explorer uses Volkswagen’s MEB platform, like an ID.4. But it creates its own identity too.
BYD has decided to stall its plans to enter Canada, deterred by the country’s 100% federal tariffs on EVs imported from China. But here’s how BYD will likely make the move to enter the US or Canada anyway. more…
A new full-size off-road luxury electric SUV is poised to shake up the market. Mercedes-AMG just previewed its first standalone super electric SUV, which will take its first test drive this summer. more…
Plus, Rivian pooh-poohs full self-driving dreams and the “re-buttoning” is on the horizon.
What’s the Trump effect on the EV market? Depends: Newcomers like Rivian and Lucid are potentially at risk, while Tesla has the scale, profitability, and Trump connection to make it work, despite major shifts that are sure to come. Here’s the scoop on how a second Trump term may play Read more
Japan is quickly becoming a hub for eVTOL and air taxi technology. This morning, Archer Aviation announced it is the latest sustainable aviation developer to sign a deal in the region and implement aerial taxi transportation, beginning with Soracle Corporation’s purchase of up to 100 Midnight eVTOL aircraft. more…
Former and now incoming US President Donald Trump reportedly spells trouble for foreign automakers. The stock prices of automakers in China and Germany saw a steep decline after Trump’s win was announced. Shortly after President-elect Donald Trump’s win was called, European automakers’ saw a drop in sales. For instance, BMW Read more
Analysts have weighed in on the potential effects of U.S. president-elect Donald Trump’s second term on the United States auto sector. As per the analysts, Detroit automakers would actually benefit from a Trump presidency, especially if the president-elect steps back from the Biden administration’s pro-EV policies. Regardless of the Biden Read more