TSLA375.30011.03%
GM83.9501.75%
F13.180-0.03%
RIVN15.3600.37%
CYD35.040-0.36%
HMC32.5300.33%
TM192.5000.97%
CVNA67.2002.09%
PAG212.160-0.45%
LAD316.150-0.12%
AN168.7600.47%
GPI250.8704.45%
ABG184.5501.49%
SAH65.9202.26%
TSLA375.30011.03%
GM83.9501.75%
F13.180-0.03%
RIVN15.3600.37%
CYD35.040-0.36%
HMC32.5300.33%
TM192.5000.97%
CVNA67.2002.09%
PAG212.160-0.45%
LAD316.150-0.12%
AN168.7600.47%
GPI250.8704.45%
ABG184.5501.49%
SAH65.9202.26%
TSLA375.30011.03%
GM83.9501.75%
F13.180-0.03%
RIVN15.3600.37%
CYD35.040-0.36%
HMC32.5300.33%
TM192.5000.97%
CVNA67.2002.09%
PAG212.160-0.45%
LAD316.150-0.12%
AN168.7600.47%
GPI250.8704.45%
ABG184.5501.49%
SAH65.9202.26%

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Electric vehicle sales are projected to grow in 2024 but at a slower rate than some initially forecast due to challenges limiting demand.

J.D. Power lowers 2024 electric vehicle sales forecast

- March 5, 2024
Electric vehicle sales are projected to rise in 2024 but analysts are dialing back expectations as the automotive industry grapples with challenges limiting consumer demand and charging infrastructure growth. J.D. Power...
On March 5, Tesla was forced to close its Gigafactory in Berlin due to a massive power loss that might have resulted from sabotage.

Far-left group claims responsibility for Tesla’s Berlin gigafactory ‘sabotage’

- March 5, 2024
On March 5, Tesla was forced to close its Gigafactory in Berlin due to a massive power outage that might have resulted from an arson attack. In the preceding weeks, the...
"In addition to HEV batteries, PEVE plans to begin producing batteries for BEVs (battery EVs) and PHEVs (plug-in HEVs)," stated Toyota.

Toyota acquires control of PEVE, expands electric battery production

- March 5, 2024
On March 5, Toyota announced its agreement with Panasonic Holdings to acquire one of its joint ventures and turn it into a wholly owned subsidiary. The joint venture, Primearth EV Energy...
Ford, Honda, and Hyundai recorded strong sales gains in February driven by inventory improvements and rising hybrid demand.

Ford, Honda, Hyundai sales rise in February, emphasizing strength of hybrids

- March 4, 2024
Automakers posted strong U.S. sales this February on the backs of stable demand, stronger inventory, and increasing interest in hybrid and electric vehicles. Ford sold 174,192 units during the month, representing...
Fisker & Nissan

Nissan could save Fisker with $400 million investment

- March 4, 2024
According to an exclusive Reuters report, Nissan is in extensive negotiations to invest in electric vehicle maker Fisker, potentially giving the struggling startup a financial lifeline. The deal is scheduled to...
Rivian confirmed its customers will soon be able to view Supercharger stations on their vehicle's navigation app, with adapters coming soon.

Superchargers to appear on Rivian trip planner in March, adapters to follow

- March 1, 2024
Electric vehicle startup Rivian expects to connect its customers to Tesla Superchargers in the near future, with trip-planning support launching in March. Starting this month, Rivian drivers will be able to...
Fisker expressed doubt it will last the rest of the year without forming partnerships with lenders and automakers in its 2023 earnings report.

Fisker desperate for financing as losses, delays mount

- March 1, 2024
Electric vehicle brand Fisker said in its annual earnings report that it may not have enough cash to last the year as it stressed the importance of finalizing potential agreements...
Tesla adjusted the pricing for specific Model Y variants in the U.S., marking a $1,000 increase for the long-range and rear-wheel drive models

Tesla hikes Model Y prices amid market shifts

- March 1, 2024
On March 1, Tesla adjusted the pricing for specific Model Y variants in the U.S., marking a $1,000 increase for the long-range and rear-wheel drive versions, now priced at $48,990...
Auto industry news: Apple car project ends, EVs rise, new charging solutions, and the launch of innovative electric supercars.

Weekly roundup: Apple Car shelved, hybrids gain traction, new EV superchargers and supercars

- March 1, 2024
Earlier this week: Apple's car project was shelved due to various challenges, leaving the fate of 2,000 jobs in limbo. Consumer Reports' latest vehicle ratings favor electrification, with hybrids and...

Ford launches free Superchargers, Biden aims to block Chinese-produced vehicles, Study highlights best & worst cities for EVs

- March 1, 2024
Inside Automotive  Decoding the future of car buying with transparency – Katie the Car Lady For over two decades, Katie the Car Lady has championed consumer rights, earning her reputation as a beacon...
CBT News
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