Tesla and Rivian have gotten the scissors out again, cutting prices on their new offerings. The reductions are temporary for Tesla while Rivian’s cuts are designed to help offset being ineligible for part of the $7,500 federal tax credit. Get the details at Headlight.News.
A group of seven major automakers officially launched Ionna — aimed at becoming an EV charging network to rival the Tesla Supercharging system — and, in the process, give motorists more confidence they’ll be able to charge up their battery-electric vehicles wherever they travel.
Volkswagen “remains committed” to its aggressive EV program, the automaker’s U.S. chief executive said. But, as sales growth slows, the German auto giant is also considering adding hybrids and plug-in hybrids to its American fleet. And it’s not alone. Other manufacturers who’ve made major commitments to EVs, such as Kia, are also turning to hybrids to help them meet emissions targets because of consumer resistance to all-electric vehicles.
General Motors is staying the course, it would seem, when it comes to its all-electric future. The company announced it has hired a former Tesla executive to oversee its battery development and operations. Find out more at Headlight.News.
Porsche made waves a few years ago when it introduced the all-electric Taycan. Now that we all know how to say the name correctly, they’ve rolled out the next iteration of its bestselling battery-electric model for the 2025 model year. Get details at Headlight.News.
With EV sales growth flattening out, automakers are struggling to find ways to charge them back up. A critical step will require the launch of new, affordable models like the Model 2 Tesla reportedly is developing. During an earnings call, Ford CEO Jim Farley said he’s not planning to cede the market to his rival, revealing that the second-largest Detroit automaker has a “skunkworks” project underway to develop new EVs that could match, perhaps even undercut what Tesla is working on.
Rivian plans to take a step closer to becoming a full-line automaker next month, the automaker confirming it will reveal its R2 line on March 7. Smaller than the existing R1T pickup and R1S SUV, the R2 models also will be more affordable, officials last year indicating they could start around $40,000. Get the details at Headlight.News.
Ford may be slowing its $11-billion EV investment program but it’s still rolling out new entries, and two of them will make their debut at the Chicago Auto Show this coming week. Notably, both the Mustang Mach-E Rally and F-150 Lightning Switchgear take aim at those looking for off-road-capable battery-electric vehicles, a growing EV niche. See the story at Headlight.News.
Elon Musk created a fair share of controversy several years ago when he appeared to smoke a joint during an appearance with podcaster Joe Rogan. A new report is kicking up even more dust, the Wall Street Journal alleging money and drugs have improperly tied the Tesla CEO to the same board of directors that previously approved a $55 billion pay package for Musk.
The iconic Mercedes-Benz tri-star badge today graces a wide range of products, from the little CLA sedan to the flagship GLS crossover. It’s also found on one of the world’s most popular vans, the big Sprinter. And, as the German automaker accelerates its switch to zero-emissions propulsion, the latest model to go all-electric is the 2024 Mercedes-Benz eSprinter. Headlight.News spent a day in Southern California testing it out and discovered it was surprisingly fun to drive while delivering plenty of range. It also maintains the flexibility of the classic Sprinter and could even wind up with an RV option.
The National Highway Traffic Safety Administration moved its probe into Tesla’s power steering loss from a probe to an engineering analysis as the company recalled 2.2 million vehicles due to a font size issue. Get details at Headline.News.
Struggling Polestar faces some serious financial challenges now that Volvo, its Swedish parent, plans to cut off funding for the battery-electric startup. It’s the latest sign of retrenchment by the auto industry as the rapid growth of EV sales has started to flatten out. Volvo itself continues to move forward with plans to become an all-electric brand by decade’s end. Investors applauded the move — and Volvo’s stronger than expected earnings.