Despite oil prices running at near record highs and consumers more worried about the economy than at any time since the depths of the COVID pandemic, U.S. auto sales grew by an unexpected 4.4% in September. That defied industry expectations, in part driven by rising demand for electrified vehicles. But experts fear the bottom could yet drop out.
After a long delay, Tesla is finally rolling out its all-electric Semi and you can order versions offering as much as 500 miles range per charge. But that’s the problem. There’s only a handful of places in the entire country currently equipped to charge up the truck’s massive battery pack. More from Headlight.News.
Tesla has been facing some significant safety challenges this year and federal regulators are adding to its woes with a probe into reports of suspension issues that could lead to the recall of as many as 1.2 million of its EVs. This follows the recall of some Tesla Cybertrucks whose wheels quite literally could fall off. More from Headlight.News.
Tesla has been facing some significant safety challenges this year and federal regulators are adding to its woes with a probe into reports of suspension issues that could lead to the recall of as many as 1.2 million of its EVs. This follows the recall of some Tesla Cybertrucks whose wheels quite literally could fall off. More from Headlight.News.
Toyota has ordered a two-month delay in the launch of its next battery-electric vehicle, the Highlander EV, the 3-row model now pushed back until early next year. Headlight.News has the exclusive reason for the delay.
If you’re put off from buying an EV because you worry its batteries will need to be replaced every few years you could be in for a pleasant surprise: a new study showing today’s lithium-ion and lithium-iron-phosphate batteries are lasting substantially longer than even auto industry optimists had forecast.
Tesla’s second-quarter sales surged by more than 20%, far exceeding Wall Street expectations. But China’s BYD handily maintained its global lead in EV sales. And that sent Tesla shares on a sharp decline.
Automakers are coming under increasing pressure to move production to the U.S. – with hefty tariffs penalizing not only products imported from abroad but those built in the States using foreign parts. Which products are the most “American-made”? A new study finds Tesla and Jeep at the top of the list, though Japanese brands make up six of the top 10 spots, reports Headlight.News.
Even though EV sales may be slowing down, the nation’s electrical grid faces a variety of challenges, especially with the surge in data center construction. GM plans to lend a hand through a new partnership bringing out backup technology using new sodium ion battery technology. More from Headlight.News.
Toyota’s scrapped plans for the LF-ZC, the sedan that was set to serve as the new Lexus flagship. The move, Toyota said, reflects “fluctuations in market demand and the workload associated with vehicle planning and manufacturing,” and marks a sharp turnaround in EV strategy by the Japanese automaker’s new CEO. More from Headlight.News.
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’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.
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.