European Union officials reaffirm 2035 ban on new gasoline cars while also making revisions to help automakers reach these targets easier as the market continues to shift.
EVs and batteries
All-Electric Maserati MC20 Reportedly Canned As Company Makes Swift Changes To Survive
A new report alleges Maserati has canceled the all-electric MC20 Folgore as the company moves to swiftly change its electrification plans as it continues to fight sliding sales and slumping demand for its products. Maserati is facing dark times as the Italian luxury...
Ben & Jerry’s Scoops Up Two Rivian Electric Delivery Vans
Many Americans are becoming accustomed to the sight of Amazon drivers running around town in all-electric delivery vans produced by Rivian. Well, now if you’re looking for some Ben & Jerry’s ice cream, hunt down a Rivian. Find out more at Headlight.News.
Is the State Dept. Trying to Cover Up the Truth About the $400M Cybertruck Purchase?
Did the U.S. State Department craft a $400 million windfall deal for Tesla and its CEO Elon Musk as payback for the executive’s leading role in the Trump administration? And is it now trying to cover up the truth behind the proposed purchase of armored versions of the Tesla Cybertruck? That’s a question one ranking member of the Senate is trying to find out.
VW Invokes Beetle Comparison with ID. EVERY1 EV Preview
Volkswagen rolled out the production version of its all-electric ID. EVERY1 small, affordable car, comparing it to the Beetle. The new model, which is slated to arrive in 2027, will cost about $21,500, officials noted. They also revealed nine new models will hit showrooms by 2027, including four new EVs. Get details at Headlight.News.
First Look: Volvo ES90 Boosts Range, Shortens Charging Times
While other manufacturers may be rethinking their EV strategy, Volvo is charging ahead, on Wednesday revealing the latest entry to its all-electric line-up, the new ES90. The design doesn’t readily fall into any one category, whether sedan, hatchback or even crossover. But Volvo is betting its roomy and well-appointed interior, as well as lightning-fast charging and extended range of more than 430 miles will help win over new buyers.
Trump Tariff’s Sticker Shock Could Cripple Auto Industry
President Donald Trump, as expected, launched new tariffs targeting Canada and Mexico while also increasing prior tariffs on China. All three countries responded with their own trade sanctions. The tariff war will increase prices on everything from avocados to semiconductors but economists warn few consumer goods will feel the heat more than automobiles – some models set to see price hikes of $12,000 or more. At a time when sticker shock is already impacting sales, analysts fear the U.S. auto industry could see sales and profits tumble – while job cuts also could be in the offing.
March U.S. Auto Sales Sputter Along
Sales of new vehicles held steady in February as Kia, Hyundai, Genesis, Subaru, Mazda and Honda all reported modest sales increases. But two of the largest automakers to report for the month, Toyota and Ford, delivered disappointing results. And Tesla’s numbers continued to show the impact of growing resistance to CEO Elon Musk and his role in the Trump administration. Headlight.News has more.
Polestar Gets $450 Million Lifeline, Delays Q4 Earnings Report
Is Polestar the next Rivian or the next Fisker? The company’s looking to be the former not the latter, but if it’s going to be a success, it has a long way to go. The EV maker secured a $450 million loan for short-term help and delayed its fourth-quarter earnings report. Find out what’s next at Headlight.News.
Mercedes “Getting Closer” to Launch of New Vision V
Mercedes is getting ready to pull the wraps off the new Vison V, a show car previewing the next-generation, all-electric vans it’s set to put into production next year. “The future model line-up will range from entry-level family vehicles and exclusive VIP shuttles to spacious and luxurious limousines,” the automaker said Monday.
Tesla Stock Continues Nosedive Grow Increasingly Worried About “Musk Effect”
Tesla stock wracked up its sixth straight loss on Thursday, reaching its lowest point since the automaker’s shares surged in the wake of the 2024 presidential election and CEO Elon Musk’s close ties to Donald Trump. Musk’s role in the new Trump administration has been a key factor in the downturn, but analysts warn of other issues that could make it difficult for Tesla to bounce back.
Mercedes Design Chief Says AI Could Replace Human Designers In 10 Years
Mercedes Benz’s chief of design says that AI could replace human designers in a decade as the company shares its thoughts on AI in the automotive industry.