Elon Musk celebrates yes vote by Tesla shareholders that secures his record-setting compensation plan after a judge in Delaware voided the proposed pay package in January.
EVs and batteries
Jeep Confirms $25,000 Renegade EV Coming in 2027 – Offers First Details
Jeep will introduce a $25,000 EV in 2027, officials from parent Stellantis confirmed on Thursday. CEO Carlos Tavares – who first dropped hints about the affordable offering last month – added a number of other details during a meeting with investors.
Charging Cable Thefts Becoming New Obstacle For EV Adoption
Charging cable thefts are rapidly becoming a new obstacle for mass EV adoption and are also becoming a major issue for EV owners
At Nearly 273 MPH, Japan’s Aspark SP600 Hypercar Takes Crown as World’s Fastest EV
A little-known Japanese hypercar company has set a new world record for fastest EV, its Aspark SP600 topping 270 mph during a run down a special track in Germany. It handily topped the prior record set by the Rimac Nevera.
Volvo Recalling All EX30 EVs to Repair Software Glitch
Volvo is recalling nearly 72,000 EX30 SUVs because of a software problem that can glitch the EV’s speedometer. It’s the second software problem that has plagued the new battery-electric vehicle. But motorists may not even know there’s a problem unless they read the mandatory recall notice sent under federal guidelines.
Trump Loads Campaign Appearance With False EV Claims
In years past, Donald Trump has declared he is “all for” EVs, but you’d have a hard time believing it based on the claims made during a weekend campaign rally. Declaring battery power a “hoax,” the presumptive GOP nominee for president insisted there are “no chargers,” and that EVs are so heavy they’d destroy every bridge in the country. He also warned during a stop in Las Vegas that electric boats can’t float, among other problems.
Nissan Claims Next-Gen GT-R Won’t Be Half-Hearted Afterthought
Nissan claims that next generation GT-R will be poised for a comeback and not be a half-hearted project.
Musk Faces Growing Opposition to $56B Pay Deal Ahead of 6/13 Vote
A growing number of investors have announced they will vote against the $56 billion pay package Tesla’s board of directors wants to give CEO Elon Musk – though the South African-born executive insists he has lined up enough support for the proposals approval during a shareholder’s meeting this week. What happens if the plan is rejected? Musk already has fired a warning shot.
Jeep Admits It Has Too Many Trim Levels, Confirms Future Models Will Have Less
Jeep prepares to clean house on its assortment of trim levels as the brand prepares to jump start its plans for electrification.
No EV Slowdown for GM, May Brought “Best Month Ever,” Says CEO Barra
The growth of the U.S. EV market may be slowing for the auto industry overall, General Motors sales were charged up, according to CEO Mary Barra, who said the automaker had its “best month ever” in May. But the automaker is still ready to adjust its electrification plans.
From Ruin Porn to Automotive Technology Hub: Michigan Central Station Reborn
It didn’t take long for the old depot to fall into ruin after the last Amtrak train departed on January 6, 1988, becoming the iconic symbol of Detroit’s decline. But later today, a sold-out ceremony will mark its rebirth as part of a nearly $1 billion project launched by Ford Motor Co. Michigan Central Station has become the centerpiece of a new campus focused on the development of advanced automotive technologies.
Volvo’s EX90 Flagship EV Finally Enters Production After Two Year Delay
Volvo’s EX90 flagship finally begins mass production after a two-year delay. Model will spearhead massive EX product blitz.