As the growth of EV sales has slowed in recent months, automakers have begun looking at electrified alternatives, many betting that plug-in hybrids will become a “bridge” technology for motorists not quite ready to commit to an EV. But if you think battery-electric vehicles are expensive you may be shocked by what the typical PHEV costs – an average of more than $60,000. Then again, there are a few surprisingly affordable one.
If you had a faulty transmission on a General Motors vehicles built between the 2015 and 2019 model-years you could be covered by a new lawsuit certified by a federal court. The class-action could result in payouts to hundreds of thousands of owners across the U.S., as Headlight.News reports.
EV maker Fisker secured a deal with creditors to liquidate its assets while providing ongoing assistance to the owners of the vehicles it has already produced. Find out more at Headlight.News.
It’s been the subject of speculation for weeks, “knowledgeable sources” chattering amongst themselves about the possibility China’s BYD is in talks with Stellantis as it looks for a way to crack into the U.S. market. The two makers have firmly dismissed the rumors. But there seems little doubt Chinese automakers want to target the world’s second-largest automotive market and are sniffing around the North American auto industry looking for a way to break in.
The $7,500 federal tax credit for buyers of battery-electric vehicles could be dropped if Donald Trump returns to the White House next January, the presidential candidate said in an interview. At the same time, Trump said he’s open to finding a role for Tesla CEO Elon Musk, possibly even making him a member of his cabinet.
The United Auto Worker is preparing to spend millions of dollars on what is described as the most ambitious political program in decades to defeat Republican Donald Trump and put Democrat Kamala Harris in the White House.
The United Auto Workers is challenging the explicitly anti-union, and anti-workers language used by former President Donald Trump and Tesla CEO Elon Musk during an interview on Musk’s social media service X on Monday.
It was billed as an “interview” with presidential candidate Donald Trump but billionaire entrepreneur Elon Musk used the Monday night event on social media service X to promote the benefits of EVs – those from Tesla, in particular. It’s no easy sell, at least to the former president’s followers.
As the 2024 Presidential campaign moves into higher gear, the U.S. auto industry is once again at the center of the nation’s political conversation. There are numerous places where candidates Kamala Harris and Donald Trump conflict. But they suddenly seem to agree on one key issue – sort of – EVs.
Automakers face a slew of problems regularly: emissions compliance, workplace or office issues, quality shortcomings and more. However, the problem of counterfeit parts affects them all. Mercedes-Benz works with law enforcement globally to combat the problem, which can make vehicles less safe and certainly takes money out of the automaker’s coffers. Check out what Mercedes and the rest of the industry is dealing with at Headlight.News.
The growth of the EV market has clearly slowed this year, General Motors President Mark Reuss said during a media confab, but sales are still on the rise and GM continues planning to gain ground, even as it delays some product launches. A critical step will be driving down prices, even as profitability improves, said Reuss, who oversees GM’s product development efforts.
Donald Trump has pulled a U-turn and now says he is now “totally” in favor of EVs. The Republican nominee for president said he had “no choice” but to rethink his position after previously bashing battery-electric vehicles now that Tesla CEO Elon Musk has become one of Trump’s biggest financial backers in an increasingly tough campaign.