NEW: Get Updates by Email

Business

Trading in Your Tesla? You’re Not Alone – But Be Ready for an Unpleasant Surprise

Trading in Your Tesla? You’re Not Alone – But Be Ready for an Unpleasant Surprise

As protests at many Tesla showrooms become a daily occurrence and those who own the automaker’s products find themselves routinely given thumbs-down or an extended middle finger, more and more are trading in, according to new data. But they’re finding residual values for used Teslas have come crashing down. That’s something competitors such as Lucid and Polestar hope to take advantage of, as Headlight.News reports.

GM, Hyundai Working Up Product-Sharing Alliance for Pickups, EV Vans

GM, Hyundai Working Up Product-Sharing Alliance for Pickups, EV Vans

General Motors and Hyundai are said to be in talks that would lead to significant product sharing in the pickup and commercial EV van segments, according to a new report. Such a move would expand on the alliance the two automakers recently announced focusing on hydrogen fuel-cell technology. More from Headlight.News.

Taiwan’s Foxconn Reportedly Doing EV Deals with Two Japanese Automakers – including Mitsubishi

Taiwan’s Foxconn Reportedly Doing EV Deals with Two Japanese Automakers – including Mitsubishi

Best known as the manufacturer of Apple’s iPhone, Foxconn is reportedly locking down a deal to produce battery-electric vehicles with two Japanese automakers. Details have yet to be revealed but Mitsubishi appears to be one of the new partners and there is speculation Foxconn may be working out arrangements with either Nissan or Honda, those two Japanese automakers having failed to secure their own merger deal. More from Headlight.News.

Breakthrough Technology Lets New BYD EVs Charge as Fast as You Can Fill a Gas Tank

Breakthrough Technology Lets New BYD EVs Charge as Fast as You Can Fill a Gas Tank

While most EV owners charge their vehicles at home overnight, plugging in can be a real hassle when you’re on the road. With many of today’s EVs it can take an hour to go from a 10 to 80% state-of-charge. But China’s BYD claims its new “super e-platform” can allow motorists get another 249 miles of range in as little as 5 minutes at public quick chargers, essentially matching the time it takes to fill up a gas tank. Headlight.News has more.

Update: Tesla Recalls  Cybertruck as Exterior Panels Fly Off

Update: Tesla Recalls  Cybertruck as Exterior Panels Fly Off

After initially halting deliveries due to reports of exterior panels detaching while the vehicle is being driven, Tesla said Thursday it would recall all Cybertrucks it has produced from launch through late last month. It comes as the eighth safety recall of the electric pickup and another setback for a manufacturer that has seen its stock price plummet by nearly half its value since mid-December. It underscores the fact that Tesla has had major ongoing quality, durability and recall problems. Headlight.News has more.

Car Thefts Dropped 16.6% Last Year Courtesy of Kia, Hyundai Changes

Car Thefts Dropped 16.6% Last Year Courtesy of Kia, Hyundai Changes

Car thieves were far less successful last year, according to experts. The total number of vehicles stolen fell below the 1 million mark for the first time since 2021. In fact, the reduction ended a four-year run of increases — and Kia and Hyundai appear to be the reason. Find out more at Headlight.News.

Tesla Halts Cybertruck Deliveries as Exterior Panels Fly Off

Tesla Halts Cybertruck Deliveries as Exterior Panels Fly Off

Bad enough for Tesla that demand Cybertruck has fallen far short of its original expectations – with the electric pickup coming to symbolize growing opposition to the politics of the automaker’s CEO. Now comes word Tesla has had to halt Cybertruck deliveries as it struggles to find a way to prevent sheet metal and other body parts from flying off when the truck is driven at highway speeds.

Mazda Readies New EV Platform but Shifts to a “Multi-Solution” Strategy Emphasizing Hybrids

Mazda Readies New EV Platform but Shifts to a “Multi-Solution” Strategy Emphasizing Hybrids

Mazda has been one of the slowest automakers to embrace electrification and its first battery-powered model in the U.S., the MX-30, didn’t last very long due to limited range. Now, however, the Japanese automaker seems to be getting serious about EVs and has offered the first look at an all-new platform expected to be used for a battery-powered SUV due out in 2027. But the automaker also is shifting resources to put more emphasis on hybrids, such as one coming for the next-gen Mazda CX-5 crossover. Headlight.News has more.

Dodge’s New Interactive Experience Highlights Push to Gain Public Favor of New All-Electric Charger

Dodge’s New Interactive Experience Highlights Push to Gain Public Favor of New All-Electric Charger

EV adoption rates are middling, but trying to get traditional muscle car mavens to accept an all-electric model, like the new Dodge Charger Daytona, has the Dodge folks working overtime. The brand’s new Charger Virtual Experience gives them one more tool to do just that. Check out the story at Headlight.News.