In the wake of the mega-merger between Fiat Chrysler Automobiles and Paris-based PSA, Tim Kuniskis seemed the fair-haired boy, the American executive CEO Carlos Tavares could turn to when there was a problem to be solved. But Kuniskis unexpectedly announced his retirement Friday, with replacements named to take on his duties at Dodge and Ram.
General Motors and its partner, LG Energy Solution, agreed to a $150 million settlement with Chevrolet Bolt owners impacted by defective batteries for the vehicles. The payments range from $700 to $1,400 depending upon certain factors. Find out more at Headlight.News.
Honda announces plans to invest $65 billion in EVs as Japanese auto giant prepares to embrace an all-electric future while also restructuring some of the ways that it intends to achieve this goal.
Elon Musk’s increasingly mercurial behavior is having a substantial impact on the Texas-based EV maker. But it may also have a serious impact on the Tesla CEO himself as shareholder resistance grows to the $50 billion pay package the automaker wants to give Musk. A key investor, and former Musk “fanboy,” voting no.
If you’ve got a friend claiming they’ll never buy an electric vehicle, check back with them in a few years. They’ll likely be sharing their secret charging spot with other EV owners, according to a new study. Get the details about the evolution of EV buyers at Headlight.News.
Mercedes-Benz backtracks on elements of its electrification plan with report suggesting that poor sales of the EQ lineup have forced it to scrap a platform that it was developing
President Joe Biden raised tariffs on an assortment of Chinese-made goods, including the battery-electric vehicles manufacturers like BYD, Geely and Great Wall have been hoping to start selling in the U.S. The threat of these inexpensive EVs – some starting at barely $10,000 – has sent shivers through the American auto industry, one trade group warning their arrival poses an “extinction-level event.” Headlight.News explains why.
President Joe Biden announces sweeping tariffs on Chinese goods as an ongoing trade war between China and the United States enters a key period with the outcome of the 2024 U.S. presidential election potentially becoming important wild card play.
Jaguar is preparing to accelerate its push into the EV segment as British brand confirms that $125k Electric GT will spearhead the debut of new EV-dedicated architecture and three new electric vehicles.
Just days after firing the head of Tesla’s Supercharger operations – and dismissing her entire 500-person staff – CEO Elon Musk appeared to reverse course, announcing on his social media site X that the automaker still will invest “well over” $500 million on “new sites and expansions” of the public charging system. The apparent turnaround comes as Tesla comes under increasing pressure from Tesla investors, analysts, owners and other automakers who have done deals to gain access to the Supercharger network for their own EV customers.
Subaru’s only EV, the Solterra, is a product of a joint venture with Toyota – and the Japanese automaker plans to take the same approach with its next three battery-electric vehicles, all due out by 2026. Then it plans to bring out four more, developed in-house, by 2028, its CEO said Monday.
Tesla embarks on company wide hiring freeze as the EV maker struggles with mounting investigations, slumping demand, and a decrease in profits.