Last year automaker after automaker agreed to use Tesla’s Charging System, more precisely the unique plug. They did this, of course, to gain access to the Supercharger network, and Tesla certainly welcomed the expected cash that should roll in with it. However, this left EV owners whose vehicles still had the non-Tesla ports twisting in the wind. However, change is coming, reports Headlight.News.
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Auto Industry Remains Central to Presidential Race
As the 2024 Presidential campaign moves into higher gear, the U.S. auto industry is once again at the center of the nation’s political conversation. There are numerous places where candidates Kamala Harris and Donald Trump conflict. But they suddenly seem to agree on one key issue – sort of – EVs.
Acura Performance EV Concept Set to Debut at During Monterey Car Week
Slow to get into the EV market, Acura is making up for lost time. With its first, the ZDX, soon to reach showrooms, the luxury brand is hinting at what could come next with this teaser image. The “segment defying” Acura Performance EV Concept is set to debut at Monterey Car Week later this month.
Mercedes Leading Industry Crack Down on Counterfeiters
Automakers face a slew of problems regularly: emissions compliance, workplace or office issues, quality shortcomings and more. However, the problem of counterfeit parts affects them all. Mercedes-Benz works with law enforcement globally to combat the problem, which can make vehicles less safe and certainly takes money out of the automaker’s coffers. Check out what Mercedes and the rest of the industry is dealing with at Headlight.News.
GM Aims to Drive Down Prices, Drive Up Profits, as it Continues EV Roll-Out
The growth of the EV market has clearly slowed this year, General Motors President Mark Reuss said during a media confab, but sales are still on the rise and GM continues planning to gain ground, even as it delays some product launches. A critical step will be driving down prices, even as profitability improves, said Reuss, who oversees GM’s product development efforts.
Hyundai, Kia Cuts “Most Stolen” Cars Theft Rate in Half with Software Upgrade
A few years ago, late model Hyundai and Kia vehicles were in the spotlight — the kind no automaker enjoys. Car thieves found a simple way to steal the cars because there were no immobilizers on them. The issue became such a problem a documentary film about the Kia Boyz was made, revealing the dangerous exploits of the car thieves. The automakers implemented a software update that appears to have put a dent in the problem. Go to Headlight.News for the story.
Rivian Beats Q2 Earnings Estimates, Predicts Q4 Profit
EV maker Rivian beat its second quarter earnings estimates, but more importantly predicted it would be in the black for the first time ever in the final quarter of 2024. A series of cost cutting measures and changes to the way the company sells vehicles combined to make the second quarter a good one. Find out more at Headlight.News.
Quid Pro Quo? Musk Money in Hand, Trump is Now an EV Fan
Donald Trump has pulled a U-turn and now says he is now “totally” in favor of EVs. The Republican nominee for president said he had “no choice” but to rethink his position after previously bashing battery-electric vehicles now that Tesla CEO Elon Musk has become one of Trump’s biggest financial backers in an increasingly tough campaign.
Lucid Secures More Funding, Beats Analysts Q2 Earnings Estimates
EV maker Lucid Motors offered up good news during its second quarter earnings call as it secured as much as $1.5 billion in new cash just in time to begin production of its second vehicle, the Gravity SUV. The company also managed to beat analysts’ estimates for the quarter. Find out more at Headlight.News.
First Drive: 2025 Ram ProMaster EV
Online retailing will generate over $1.2 billion in revenues this year. And whether you’re buying from Amazon, WalMart, Target or countless other Internet retailers your package is likely to will make it to your doorstep in a delivery van. Increasingly, those vans are going electric as fleet operators seek low-cost solutions. Now, Ram is getting into the game with the new ProMaster EV. Headlight.News had a chance to take the rig for a run – without having to make any delivery stops.
Beware! Americans Hurtling Toward Deadliest Day on U.S. Roads
According to new data analysis, American drivers are cruising up on the deadliest day on U.S. roads: Aug. 7. The data, drawn from National Highway Traffic Safety Administration records, shows Wednesday had more crashes than any other day in the year — including holidays. Find out more at Headlight.News.
Mercedes Takes Aim at Tesla’s Best-Seller with Electric CLA
Even as its sales start to slide, Tesla is coming under increasing fire from competitors who hope to chip away at its market share which still dominates the EV market. And Mercedes-Benz is taking aim at Tesla’s best-seller with an all-new, battery-powered version of its compact CLA model set to debut next year.