While most automakers are cutting back on their EV plans, Toyota Motor Co. is ramping up. And it’s taken the covers off the latest addition, the Lexus TZ set to become the luxury brand’s third all-electric model. Headlight.News has more.
Tesla
Tesla Reports Net Income Rose 17% in Firsts Quarter
Tesla’s Q1 earnings and revenues jumped by double digits as U.S. electric vehicle sales falling off a cliff. Company executives claimed to be “excited” about its “positioning” this year as CEO Elon Musk revealed his new $25 billion investment plan. Get details at Headlight.News.
Tesla’s On-Again/Off-Again Plan for an Affordable EV is On-Again – Really
For much of the past decade Tesla has toyed with the idea of launching an affordable EV some have labeled the Model 2. But the project has repeatedly been scrubbed, restarted by CEO Elon Musk and then cancelled again. Now, however, as Tesla sales slide and competitors aim to undercut the EV leader with their own low-priced models, the project has again gotten the green light and may finally reach market, sources report. More from Headlight.News.
China’s Windrose Challenges Tesla in Electric Semi Truck Segment
Just days after Tesla received praise for its all-electric semi-truck, a new competitor’s popping up and making news, China-based Windrose Technology Inc., is delivering its first trucks in the U.S. Check out the latest offering in the class at Headlight.News.
GM Starts Testing “Hands-Free/Eyes-Off” Autonomous Driving Technology
Hundreds of General Motors vehicles have begun roaming roads in Michigan and California, gathering data and testing next-level autonomous driving software the automaker plans to put into production by 2028. Headlight.News has more.
Tesla Roadster “Probably” Arriving Next Month; But Does it Matter?
Tesla has never been good at getting products to market as promised, but even by that standard, it’s taken seemingly forever to get the second generation Roadster into showrooms. Now, seven years after the debut of the prototype 2-seater, CEO Elon Musk says it will “probably” arrive next month. The question, at this point, is whether anyone cares. More from Headlight.News.
All-New BMW i3 Makes its World Debut
An all-new BMW i3 made its debut Wednesday, the second entry in its Neue Klasse series that takes a radical new approach to the design and engineering of the Bavarian automaker’s battery-electric vehicle line-up. Headlight.News takes a closer look at the sporty, all-electric sedan.
Dealers Sue to Prevent Scout Brand from Selling Direct to Consumers
Scout Motors, the electrified vehicle brand the Volkswagen Group is set to bring back to life, faces an assortment of lawsuits aimed at preventing it from selling direct to consumers, the approach embraced by rival start-ups Tesla, Rivian and Lucid. Headlight.News looks at who’s suing Scout and why.
Honda Tops Government’s Most Efficient List — For Gas-Powered Cars
Consumers consider a number of factors when buying a new vehicle. Price, color, body style, and powertrain are just some of the considerations. However, if fuel economy is at the top of your list and you don’t want an EV, start with a Honda. Find out why at Headlight.News.
Desperate Tesla Slashes Cybertruck Prices Again
With more and more of its electric pickups sitting unsold in factory and dealer lots, Tesla is again cutting prices. But will that be enough to build demand for the much-maligned Cybertruck? More from Headlight.News.
Own an EV? Study Finds You’ve Got a 96% Chance of Trading in On Another
EV owners are becoming increasingly satisfied with their vehicles and, as a result, their likelihood of trading in for another all-electric model is nearly 100%, according to a new study by J.D. Power.
Tesla Backs Down on Autopilot, Will be Able to Keep Selling EVs in California
Facing the prospect of being banned from the largest EV market in the U.S., Tesla has stopped using the name, Autopilot, on the vehicles it sells in California. It’s also updated the name of its more advanced Full Self-Driving system.