TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%

Headlines

In February, Ford disclosed it's committed to developing an affordable EV platform, comprised of notable talent like Alan Clarke.

Ford hires top talent from Tesla, Rivian, and more to develop affordable EVs

- June 13, 2024
In its bid to introduce more affordable electric vehicles, Ford has aggressively recruited top engineers from leading EV companies like Tesla, Rivian, Apple, and Lucid. This move is part of...
Ionna has revealed its HQ will be in Durham, North Carolina, featuring a “Quarterback Lab” designed to address charging issues.

Ionna establishes headquarters in Durham, NC, to revolutionize EV charging infrastructure

- June 13, 2024
Late last year, seven major automakers—BMW, Honda, General Motors, Hyundai, Kia, Mercedes-Benz, and Stellantis—announced a joint venture to build accessible public DC fast charging infrastructure across the U.S. and Canada....
Electric vehicle startup Fisker announced on Wednesday that thousands of Ocean SUVs in North America and Europe are being recalled due to software issues, necessitating an over-the-air software update.

Fisker recalls thousands of Ocean SUVs in U.S. and Europe due to software issues

- June 13, 2024
Electric vehicle startup Fisker announced on Wednesday that thousands of Ocean SUVs in North America and Europe are being recalled due to software issues, necessitating an over-the-air software update. The recall...
Dealers and consumers will have to wait for relief from higher interest rates as Federal Reserve leaders leave its benchmark rate unchanged

Federal Reserve holds interest rates steady, impacting auto loans and dealer sentiment

- June 13, 2024
Dealers and consumers will have to wait for relief from higher interest rates as Federal Reserve leaders opted to leave the Fed benchmark rate unchanged. Following the Federal Open Market...
GM has revised its EV production target for 2024, lowering it to 200,000-250,000 units due to slower-than-expected demand growth.

General Motors adjusts EV production targets amid slower demand growth

- June 12, 2024
General Motors (GM) has revised its electric vehicle (EV) production target for 2024, lowering it from 200,000-300,000 units to 200,000-250,000 units due to slower-than-expected demand growth. Despite these adjustments, GM...
Kia has recalled 2,401 of its newly launched EV9 electric SUVs in the U.S. due to inadequate headliner protection during a crash.

Kia recalls over 2,000 EV9 electric SUVs due to inadequate headliner protection

- June 12, 2024
Kia has announced a recall for 2,401 of its newly launched EV9 electric SUVs in the U.S. due to inadequate headliner protection during a crash. This recall affects the 2024...
In May, new vehicle prices in the U.S. continued their downward trend, remaining lower year-over-year for the eighth consecutive month.

U.S. new vehicle prices continue downward trend in May, EV prices see temporary increase

- June 12, 2024
In May, new vehicle prices in the U.S. continued their downward trend, remaining lower year-over-year for the eighth consecutive month. According to Kelley Blue Book estimates, the average transaction price...
A recent survey by the IIHS revealed that U.S. drivers wouldn't mind if their vehicles warned them when they exceeded the posted speed limit.

Majority of U.S. drivers support speed limit warnings, IIHS survey finds

- June 12, 2024
A recent survey by the Insurance Institute for Highway Safety (IIHS) revealed that more than 60% of U.S. drivers would find it acceptable if their vehicles provided audible and visual...
Tesla failed to persuade a judge to dismiss the California DMV claims that the company overstated its self-driving capabilities.

Tesla fails to dismiss California DMV claims of misleading self-driving marketing

- June 11, 2024
Tesla failed to persuade an administrative judge to dismiss the California Department of Motor Vehicles (DMV) claims that the company overstated its self-driving capabilities. The DMV alleges that Tesla made...
Volvo Car has recalled all of its newly launched fully-electric EX30 sports utility vehicles due to a bug in the display software.

Volvo recalls all new EX30 electric SUVs over display software bug

- June 11, 2024
Volvo Car has recalled all of its newly launched fully-electric EX30 sports utility vehicles due to a bug in the display software. The Swedish automaker, which began delivering the EX30...
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