Porsche teases its first electric SUV prototype, the 2024 Macan
Porsche is readying for the release of its upcoming 2024 Macan Electric SUV, which the company says is less than two years away from total production.
Journalists got a look at...
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Headlines
Volvo CEO Jim Rowan predicts EV pricing will drop to ICE levels by 2025
Volvo Cars CEO, Jim Rowan, says he expects electric vehicles to reach price parity with fossil fuel-burning vehicles sooner rather than later, giving a timeline of roughly two to three...
BofA analyst upgrades Wallbox stock to ‘buy’ as US EV sales increase
Bank of America says Wallbox, a Barcelona-based maker of electric vehicle chargers, has the potential to nearly double in valuation.
Analyst Alexander Virgo upgraded Wallbox to buy from neutral on Thursday,...
GM Recalls 338,000 SUVs over daytime running lights malfunction
General Motors has recalled over 338,000 full-size SUVs after discovering a software glitch affecting the computer that controls the vehicle's daytime running lights.
According to the National Highway Traffic Safety Administration,...
PennDOT suspends title and registration issuing at two Carvana locations
Two Carvana locations in Pennsylvania have been suspended from performing motor vehicle title, and registration actions after the commonwealth's transportation department found several violations.
The two Carvana locations, in Philadelphia and...
Over 530,000 battery electric vehicles have been registered so far in 2022
Electric vehicle registrations in the US are up 57% through September as industry leader Tesla, legacy automakers, and startups ramp up production of EV models.
According to data from Experian Automotive...
Tesla starts hiring push for Cybertruck team at Austin gigafactory
Tesla is starting to hire workers at its Gigafactory in Texas specifically for the production of its Cybertruck, according to listings on Tesla's careers website.
Last March, Tesla confirmed its goal to...
Mazda anticipates slowdown in US demand by early 2023
Executives from Japan's Mazda Motor Corp. made statements about the state of the economy and rising interest rates in the United States on Thursday, saying they expect a slowing of...
Average new vehicle prices remained above $48,000 in October
The latest data from Kelley Blue Book, a Cox Automotive company, shows consumers are paid more for both non-luxury and luxury new vehicles in October.
The data shows that the average...
Elon Musk sells nearly $4 billion of Tesla stock after Twitter deal
Tesla CEO Elon Musk has sold 19.5 million shares of his electric vehicle company for $3.9 billion (pre-tax) since taking over ownership of Twitter on Friday, November 4, according to...
