A few years back, General Motors had to recall 142,000 Bolts in a major fiasco due to fire risk. This time around, however, just a small number of Bolts are being recalled, only 107. But the risk of fire is deemed high – according to the NHTSA – if these Read more
XPeng Motors celebrated its annual Tech Day event in China earlier today, which was renamed “AI Day” for good reason. The topic of artificial intelligence dominated the Chinese mobility company’s incoming technologies, which were abundant. We got updates on a new in-house AI computing chip, a new Xpeng platform to Read more
Toyota is tightening the reins after seeing its first quarterly profit drop in two years. To maintain profits, Toyota plans to “hold off on investment decisions until the very last moment,” including EV and hybrid investments. more…
Trump has vowed to cancel the Biden administration policies that were driving an electric transition. What now?
Donald Trump wins a second presidential term, and BMW’s CEO Oliver Zipse came out with some quick remarks – amid what is likely panic among European automakers – that BMW will be fine because of its “very, very large footprint in the US.” Meanwhile, BMW’s profit margins hit a four-year Read more
Tesla shares (NASDAQ:TSLA) saw a notable rise in Wednesday’s pre-market amid news that Elon Musk’s high-stakes gamble on Donald Trump securing the U.S. presidency has worked. As of writing, Tesla shares are up over 12% in Wednesday’s pre-market trading. In the lead up to the U.S. presidential elections, Tesla CEO Read more
Nissan stepped up and did the right thing.
KYMCO, a leading Taiwanese scooter maker, has just announced the next step in its growing partnership with US-based electric motorcycle company LiveWire. The long-awaited KYMCO RevoNEX electric motorcycle will now be built on the Arrow S2 platform developed by LiveWire. more…
Tesla has started promoting its Third Party Business Tokens. The tokens are part of the electric vehicle maker’s Tesla for Business (T4B) platform, which allows third party apps to integrate with Tesla’s suite of products in a seamless manner. With the Third Party Business Tokens in place, businesses that wish Read more
Tesla has given all of its workers at Gigafactory Berlin new, higher wages, which were not pushed by the German union IG Metall, which has been highly involved in keeping tabs on the company’s operations. The wage increases come at a time when some German automakers are having trouble keeping Read more