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Tesla Finally Delivers the Cybertruck, UAW Targets Import Makers, EV Reliability Issues Top Latest Edition of Headlight News Podcast

Tesla Finally Delivers the Cybertruck, UAW Targets Import Makers, EV Reliability Issues Top Latest Edition of Headlight News Podcast

Headlight News for the Week of 12-4-23 talks about the first deliveries of the Tesla Cybertruck, the UAW targets imports, and EV reliability issues. We also review the Kia Sorento plug-in hybrid, preview this week’s stories and check out this week in automotive history. Check it all out at Headlight.News.

Toyota, Nissan Preparing a Flood of EVs – Too Bad They’ll Be Out of Reach for Americans

Toyota, Nissan Preparing a Flood of EVs – Too Bad They’ll Be Out of Reach for Americans

When it comes to EVs, Toyota and Nissan have been slow to join the party. But the two manufacturers plan to rapidly expand their offerings over the next several years. Between them, they’ve announced a combined nine new all-electric models due to reach showrooms in the next few years. Unfortunately for American motorists, most or all of those new EVs won’t be coming to the States. Headlight.News has more on the new Toyota and Nissan EVs.

Fisker Again Scales Back Production Plans – And Investors Applaud

Fisker Again Scales Back Production Plans – And Investors Applaud

For the second time this year, EV start-up Fisker has scaled back production plans, and now expects to roll out half as many Ocean SUVs as it planned at the beginning of the year. But that was fine with Wall Street, its stock price rising nearly 9% as the week came to a close. Headlight.News looks at what’s behind the cutback, and why it pleases investors.

GM CFO Jacobson Puts Brakes on Hybrid Hysteria

GM CFO Jacobson Puts Brakes on Hybrid Hysteria

In recent days, several automotive executives have discussed scaling back their EV and battery production plans and started talking up the advantages of hybrids. Much of this was tied to thoughts that company’s overestimated the demand for electric vehicles, especially in light of the flattening of sales in recent months. GM CFO Paul Jacobson pumped the brakes on that notion. Get details at Headlight.News.

After Repeated Delays, Tesla Finally Hands Over Keys for First Cybertruck

After Repeated Delays, Tesla Finally Hands Over Keys for First Cybertruck

Almost precisely four years after unveiling its first electric pickup, and after a long series of delays, Tesla finally delivered the first Cybertruck to customers at its Texas assembly plant on Thursday afternoon. The question is whether the all-electric pickup will live up to the hype it has received –considering it falls well short of its original range target while prices are 50% higher than what was promised in 2019. Even the automaker’s CEO Elon Musk isn’t as confident as normal.

White House May Temporarily Revise EV Tax Credit Rules as Sales Slow

White House May Temporarily Revise EV Tax Credit Rules as Sales Slow

The Biden admin. may give a critical boost to the auto industry as sales of battery-electric vehicles slow, temporarily lifting rules sharply curtailing the number of EVs qualifying for federal tax credits. But the senator who introduced the restrictions says he’ll fight any rollback, reports Headlight.News.

GM, Other Automakers Rethink EVs and May Shift Near-Term Emphasis to Hybrids, Plug-Ins

GM, Other Automakers Rethink EVs and May Shift Near-Term Emphasis to Hybrids, Plug-Ins

With EV sales growth slowing down, General Motors “is currently assessing” its massive investment in battery-electric vehicles. And, while it remains committed to CEO Mary Barra’s “path to an all-electric future,” it will shift more emphasis to the hybrids and plug-ins it was planning to abandon. And other automakers, including Ford and Stellantis, are likewise shifting direction. If anything, this validates Toyota’s strategy calling for a mix of EVs, hybrids and PHEVs, reports Headlight.News.

GM Cutting Spending on Cruise Robocab Unit

GM Cutting Spending on Cruise Robocab Unit

General Motors continues looking at its business with a critical eye, planning to cut back its spending on its robocab subsidiary Cruise. The company recently revealed plans to slow its cadence on electric vehicle introductions. The new cuts come after a Cruise robocab was involved in a collision with a pedestrian. Get details at Headlight.News.