The U.S. Department of Energy finalized a $9.63 billion loan for Ford Motor Co. and South Korea’s SK On to help finance the construction of three new EV battery plants in Tennessee and Kentucky. Get the final details at Headlight.News.
Michael Strong
Over 90% of EV Drivers Plan to Remain Battery-Electric Owners
Electric vehicle adoption has been on the rise and the latest study shows that once someone buys and EV it’s highly unlikely they’ll go back to internal combustion power. According to the Global EV Drivers Alliance, 92% of current EV owners will buy another one for their next vehicle. Check out the story at Headlight.News.
Tesla Takes Top Four Spots in 2024 Made in America Auto Index
Texas-based EV maker Tesla becomes “more American” this year by capturing the top three spots in the 2024 Made in America Auto Index and while sharing No. 4 with Ford. The Tesla Model 3 Performance was the top finisher. Find out the rest at Headlight.News.
Americans Shell Out More for New Vehicles in November — And It’s Good
The average transaction price for a new vehicle jumped nearly $700 to $48,724 last month compared to November 2023. Some might point to higher interest rates or bigger numbers on the window sticker, but there’s a better reason. Find out why at Headlight.News.
Compact SUVs Now the King of Green
According to new data from the U.S. Environmental Protection Agency, the “greenest” or most efficient vehicles running about on American roadways is the compact SUV. The data shows it’s passed the small sedan as the greenest machine on the street. Find out how at Headlight.News.
A Week With: 2024 BMW X1 M35i
The “hot hatch” has enjoyed a renaissance in recent years. A new generation of drivers discovered what many from previous generations already knew: hot hatches are among the best mixes of performance and practicality available. The segment features plenty of options, but one that may get lost in the shuffle is the BMW X1 M35i. Let’s see if we can change that at Headlight.News.
A Week With: 2025 Chevrolet Equinox Activ AWD
For the past two years, Chevrolet’s been in midst of a revolution — at least when it comes to its SUV lineup. The automaker’s completely redesigned its sport-utility lineup to make it more cohesive. And now that they all look like they belong to the same company, it’s time to see how some of them drive — starting with the 2025 Chevrolet Equinox Activ AWD. Check out our review at Headlight.News.
Dodge Muscling Up to “Save the Planet”
The steady shift toward electric vehicles may not hit home harder than with Dodge, America’s best-known muscle car brand. Now, the brand changes gears officially, kicking off the marketing campaign officials hope will make old-school fans of the gas-guzzling, rubber-burning muscle car that electric muscle cars are a thing. Check out the push for the new Dodge Charger Daytona at Headlight.News.
Jaguar’s New Concept Sticks to Founders Vision While Dumping Heritage
Despite the pictures of Jaguar’s Type 00 concept leaking before the debut, the all-electric vision provided the iconic British brand with a chance to make a statement. And while Jaguar officials seem confident about this new direction, it’s clear it will take others longer to share that confidence. Get details at Headlight.News.
Trump’s Threatened Tariffs Could Cost Automakers 17% of Earnings
President-elect Donald Trump’s proposed 25% tariff on all goods form Canada and Mexico, plus on all Chinese imports could wind up costing automakers as much 17% from their annual earnings. The estimate comes from a new study from S&P analysts. Check out the story at Headlight.News.
Trump’s Threatened Tariffs: Protectionism or Ploy?
President-elect Donald Trump again affirmed his plans to levy a 25% tax on all imported goods from Mexico and Canada. The constant threat has many worried about massive price hikes for new vehicles while others point to Trump’s reasoning for the tariffs and call it a negotiation ploy. Get details at Headlight.News.
Rivian Secures $6.6B DOE Loan to Build Georgia EV Plant
Georgia politicians can now breathe easier as Rivian’s plans to build an electric vehicle production plant about an hour north of Atlanta appear to be back on track. The California-based EV maker secured a $6.6 billion loan from the Department of Energy to build the plant, which was put on hold earlier this year. The loan comes in addition to $1.5 billion in state incentives already granted. Details at Headlight.News.