Tesla’s board approved a $23.7 billion stock award for CEO Elon Musk, granting him 96 million shares that vest in two years if he remains in a leadership role. This...
When you think about buying a car, you probably picture the final step—walking into a dealership, shaking hands, and driving off in something new. But what you might not think...
China’s largest electric vehicle manufacturer, BYD, reported a sharp drop in monthly sales for the first time in 2025, delivering 341,030 vehicles in July, down from 377,628 in June. The...
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Tesla's U.S. loyalty shifts after Musk's Trump endorsement, S&P data shows. Read More
BMW unveils iX3 and strategy to take on Tesla and Chinese EV rivals. Read More
EVgo lands $225M...
BMW is launching a new all-electric SUV, the iX3, as the first of 40 vehicles built on its all-new “Neue Klasse” platform, a sweeping initiative that aims to reposition the...
EVgo has secured a $225 million senior secured, non-recourse credit facility from five major banks, positioning the EV charging company to rapidly grow its national network by adding more than...
Foxconn, the Taiwanese electronics manufacturer best known for assembling Apple iPhones, has sold its former Lordstown, Ohio, manufacturing facility for $88 million to Crescent Dune LLC, a company it described...
As federal tax credits for electric vehicles begin to phase out, dealers across the country are bracing for a shift in consumer behavior and sales performance. In this episode of...
As technology and customer expectations evolve, automotive service departments face pressure to adapt or risk falling behind. On the latest episode of Service Drive, Corey Smith, National Fixed Ops Training...
Cox Automotive recently released its latest Kelley Blue Book EV sales report, offering a snapshot of current electric vehicle market dynamics. On today's episode of CBT Now, Stephanie Valdez Streaty,...