TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%
TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%
TSLA404.110-5.88%
GM72.630-0.47%
F13.0600.03%
RIVN12.900-0.45%
CYD50.420-0.02%
HMC25.3200.11%
TM185.470-1.9%
CVNA63.415-2.605%
PAG156.460-3.29%
LAD257.090-7.8%
AN178.590-3.35%
GPI305.470-11.71%
ABG177.5001.22%
SAH72.870-1.19%

Headlines

In Q1 2024, the global registrations of new passenger plug-in electric cars increased significantly by 25% compared to the previous year.

Global plug-In electric car registrations surge in Q1 2024

- May 13, 2024
In Q1 2024, the global registrations of new passenger plug-in electric cars increased significantly by 25% compared to the previous year, with over 3.2 million units registered. The plug-in car...
BP Pulse has expressed its intention to acquire real estate for network expansion following Tesla's Supercharger announcement.

BP Pulse seeks expansion opportunities as Tesla cuts Supercharger network

- May 10, 2024
Tesla's recent announcement to reduce its Supercharger business has caused a stir in the industry, affecting roughly 500 employees. As a result, other electric vehicle (EV) charging companies are looking...
U.S. Commerce Secretary has warned about the possibility of extreme measures targeting Chinese-connected vehicles, including a potential ban.

U.S. commerce secretary warns of potential ban on Chinese-connected vehicles, impacting Tesla competitors

- May 10, 2024
U.S. Commerce Secretary Gina Raimondo has warned about the possibility of extreme measures targeting Chinese-connected vehicles, including a potential ban. Such actions could significantly impact competitors like Geely and BYD,...
The NHTSA expressed significant safety concerns regarding Ford's recall of over 42,000 SUVs due to fuel leak worries, leading to engine fires

Ford faces ‘significant safety concerns’ over SUV recall

- May 10, 2024
The National Highway Traffic Safety Administration (NHTSA) has expressed significant safety concerns regarding Ford's recall of over 42,000 SUVs due to fuel leak worries, which could potentially lead to engine...
Volkswagen (VW) CEO Thomas Schafer announced plans to introduce more plug-in hybrids alongside their ID.4 electric crossover.

VW CEO plants to introduce more plug-in hybrids as EV demand hits ‘plateau’

- May 10, 2024
At the London Financial Times Future of the Car conference, Volkswagen (VW) CEO Thomas Schafer announced plans to introduce more plug-in hybrids alongside their ID.4 electric crossover. This shift comes...
Vice President Kamala Harris announced $100 million in federal grants for automotive suppliers, accelerating industry transition toward EVs

Automotive weekly roundup: Bill aims to nullify EV tax credit, VP’s auto suppliers grant, Stellantis UAW members vote to strike over safety concerns

- May 10, 2024
Earlier this week: Republicans proposed an IRA bill to repeal the U.S. EV tax credit, which would give China an advantage in EV production. Vice President Kamala Harris announced $100...
Recently, Cars.com - an audience-driven technology company - reported its first quarter financial results for 2024, ending on March 31.

Cars.com reports robust Q1 2024 financial results with 8% revenue growth

- May 9, 2024
Recently, Cars.com - an audience-driven technology company - reported its first-quarter financial results for 2024, which ended on March 31. The results revealed that revenue increased by 8% to $180.2 million...
Hyundai Capital America allegedly repossessed 26 cars whose owners had started making loan payments before reporting for active service.

Hyundai, Kia settle U.S. charges for unlawful repossessing service members’ vehicles

- May 9, 2024
The American financing division of Hyundai and Kia has agreed to pay $334,941 to resolve allegations that it unlawfully repossessed vehicles that belonged to active military personnel, the U.S. Department...
According to an exclusive Reuters report, U.S. prosecutors are investigating whether Tesla committed securities or wire fraud.

DOJ further investigates Tesla for possible securities, wire fraud

- May 9, 2024
According to an exclusive Reuters report, U.S. prosecutors are investigating whether Tesla committed securities or wire fraud by deceiving investors and customers about its self-driving capabilities. The Securities and Exchange Commission...
On May 8, GM announced that it would stop making the gasoline-powered Chevrolet Malibu later this year to focus on building new EVs.

GM halts Chevrolet Malibu production for electric future, invests $390M in Kansas plant

- May 9, 2024
On May 8, General Motors announced that it would stop making the gasoline-powered Chevrolet Malibu later this year to focus on building new electric cars. GM is demonstrating its commitment to...
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