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Shakeup at Troubled VinFast: Vietnamese Automaker Names New CEO, CFO

Shakeup at Troubled VinFast: Vietnamese Automaker Names New CEO, CFO

Since announcing plans to enter the U.S. market, Vietnamese automaker VinFast has faced a series of problems and responded with a series of management shakeups. The latest sees its CEO “transition” to a new job, while founder Pham Nhat Vuong takes over her post. The automaker also said Saturday that it has replaced its chief financial officer.

Tesla Drops Mileage Estimates as Complaints Mount, Justice Department Opens Probe

Tesla Drops Mileage Estimates as Complaints Mount, Justice Department Opens Probe

Tesla has come under fire for posting what some critics claim to be wildly optimistic range numbers for its battery-electric vehicles. Now, as the Department of Justice begins looking into potentially inflated claims, the automaker has lowered the estimates on at least some versions of three of its five models.

CES 2024 Ushers In Era of “Software-Defined Vehicles”

CES 2024 Ushers In Era of “Software-Defined Vehicles”

Today’s cars already function as computers on wheels, some equipped with over 100 onboard microprocessors. But tomorrow’s vehicles will go significantly further, offering the sort of software-based features and functions found on Apple and Android smartphones and making use of the latest AI technology. Tomorrow’s “software-defined vehicles” will transform what motorists can do while driving – while generating hundreds of billions of dollars in new revenue streams for automakers. We’ll get a look at what this means at the upcoming Consumer Electronics Show in Las Vegas.

GM Will Cover Federal Tax Credits Lost by Some of its EVs This Year

GM Will Cover Federal Tax Credits Lost by Some of its EVs This Year

Revised rules that went into effect on January 1 took away federal tax credits on all but about a dozen EVs. But General Motors will make up for that loss by offering up to $7,500 in discounts on EVs like the Cadillac Lyriq and Chevrolet Blazer EV, the automaker said. Ford, meanwhile, said it is raising the price on some versions of its F-150 Lightning by up to $10,000, while lowering the cost of premium models by as much as $7,000.

Nikola Helping Drive a Green Truck Revolution: Fuel Cell and Battery Electric

Nikola Helping Drive a Green Truck Revolution: Fuel Cell and Battery Electric

At first glance, it looks pretty much like any of the semi cabs rolling across American roadways, though the design is a little sleeker, and the name on its grille is the giveaway. Nikola’s Class 8 tractor is one of a growing number of “green” commercial vehicles, in this case, replacing a traditional diesel drivetrain with a hydrogen fuel-cell system. Trucks deliver most of America’s freight, but they also create a disproportionate share of the transportation sector’s pollution. That’s starting to change as truck makers and truck fleet operators switch to alternative hydrogen and battery drivetrain technologies.

Tesla Sets Sales Record – But Still Misses its Target as BYD Closes the Gap

Tesla Sets Sales Record – But Still Misses its Target as BYD Closes the Gap

Tesla delivered 485,000 vehicles during the fourth quarter, bringing total sales for the year to 1.8 million, an all-time record. But the automaker fell short of the 2 million target CEO Elon Musk set early last year. And it has BYD, breathing down its neck, even though that major Chinese competitor has yet to enter the North American market.

Despite Ongoing Feud with Unions, Tesla Captures Top Sales Spot in Norway

Despite Ongoing Feud with Unions, Tesla Captures Top Sales Spot in Norway

Tesla’s been locked in a running disagreement with Norway’s unions for weeks now and has been feeling the effects. Well, everywhere but its showrooms where Norwegians continue to trek to and buy EVs. In fact, Tesla’s the topselling brand — for the third straight year. Get details at Headlight.News.

EV Tax Credits Will be Easier to Use, Harder to Find in 2024

EV Tax Credits Will be Easier to Use, Harder to Find in 2024

Federal tax credits can make buying an EV a lot more affordable. And the good news is that rule changes coming Jan. 1, 2024 make it easier for retail customers to get up to $7,500 on a qualifying vehicle, buyers no longer having to wait until the next time they file taxes. Commercial buyers also will find it easier to get EV incentives. The bad news is that a number of EVs no longer will be eligible for federal incentives this coming year. Headlight.News helps clear things up.