Genesis has confirmed that the spicy GV60 Magma EV is headed for production. Goodwood of Speed debut will give potential buyers a glimpse of what they can expect when the model begins production next fall.
EVs and batteries
Biden Administration Doles Out $1.1B to GM, Stellantis to Convert Plants to EV Production
Although EV sales aren’t going at breakneck speed these days, automakers are still churning out new models and planning for future models. To make that easier, the Biden administration awarded $1.1 billion in grants to General Motors and Stellantis to convert existing plants to build electric vehicles and components. Get details at Headlight.News.
Americans Deeper Underwater Than Ever on New Vehicle Trade-Ins
Nearly a quarter of all new vehicle buyers in the U.S. owed more on the vehicle they were trading in than it was worth. Being “underwater” isn’t uncommon, but the percentage was the highest it’s been in three years. Find out more at Headlight.News.
These Are the Best EVs You Can Buy Today According to Consumer Reports
From compact crossovers to full-size SUVs, roughly 100 new battery-electric vehicles have come to market over the last two years. But which ones are the best when you factor in things like range, reliability, maintenance and everyday practicality? Consumer Reports has named its 14 top choices and it includes a variety of different sizes, prices and features. But three brands – Hyundai, Kia and BMW – stood out.
2025 Cadillac Escalade IQ Will Reportedly Have Flagship Pricing
The Cadillac Escalade IQ is shaping up to be a key player in the flagship luxury SUV segment with the brand hoping that the large SUV will be able to carve a slice of the market for itself while also pushing the brand into new territory. Pricing was rumored to be befitting of its flagship role and a new report appears to shine additional clarity on the matter.
Foreign Brands Now Produce More Vehicles in the U.S. than Detroit’s Big Three
It’s been four decades since Honda started building Accords at a new plant in Marysville, Ohio. Today, foreign-owned manufacturers are producing more vehicles in the U.S. than Detroit’s Big Three. And the gap is only expected to widen, in part due to local production mandates covering battery-electric vehicles, reports Headlight.News.
Lucid Gets a Reprieve as Price Cuts Help it Gain Market Traction – But Saudi Cash Remains Key
It’s been a tough year for EV start-ups, Fisker filing for bankruptcy, and several others expected to follow. But there have been a few glimmers of hope. Price cuts helped Lucid outperform sales expectations during the second quarter, buying it time to bring a second product line to market later this year. But with Wall Street still skeptical, the California manufacturer remains critically dependent on cash from the Saudis, Lucid’s largest investor.
Electrify America Announces Pilot Program That Limits Vehicle Charging
Electrify America announces new pilot program that limits the amount of time vehicles spend at a charging station as the company attempts to address long wait times and availability of charging stations with new pilot program.
Porsche Keeps Shifting … to All-Electric Lineup with End of Gas-Powered Macan
Porsche augments its move to an all-electric Macan lineup with the discontinuation of the 718 duo, the Boxster and Cayman. Changes begin this fall. Find out more at Headlight.News.
Car Sales Rebound – EV Sales Beat Forecast – Stellantis Job Cuts – Which Brand Has The Best Quality – Car Review -This Week in Automotive History
This week’s edition of the Headlight.News podcast focuses on rebounding car sales including EV sales beating analyst predictions. We also find out which brand has the best quality and talk about recently announced job cuts at Stellantis. A look at This Week in...
Hyundai Faces New Theft Threat From “Game Boy” Hack
Hyundai is facing a new theft threat as high-tech thieves target Hyundai, Kia, and Genesis EV models. Growing problem shines the spotlight on vehicle security challenges.
Automakers and the Aircraft Industry Team to Make Cars Fly
The future of transportation is looking up – quite literally. Imagine, instead of an hour to 1 ½ hour drive to the airport, you can hop into a flying taxi somewhere in or around your neighborhood and get to the airport to fly on your scheduled long-haul jet in less than 10 minutes. That would be a game changer for modern, personal travel. It’s actually happening sooner than you may think.