Tesla cuts 10% of workforce and cancels hiring events
The global economy and steadily rising inflation are proving to be harmful to everyone, including the CEO of Tesla, Elon Musk. In fact, this CEO was almost certain the economy...
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GM81.3203.27%
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CYD43.2600.9381%
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TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
electric cars
Automakers send letter requesting Congress to lift EV tax credit cap
A recently written letter addressed to Congress urged lawmakers to omit or change the electric vehicle tax cap. Companies that produce electric vehicles currently get a EV tax credit of...
General Motors CEO Mary Barra reveals more plans for the company’s EV future
General Motors is making waves in the automotive industry as they defy odds and change plans to achieve higher production and sales. The current CEO, Mary Barra, had a lot...
Commercial EV startup Electric Last Mile Solutions faces new financial challenges
After a grueling start to the year, commercial electric vehicle company Electric Last Mile Solutions will cut its losses. On June 12, interim CEO and president Shauna McIntyre announced that...
ChargePoint releases report highlighting electric mobility trends
Electric vehicle infrastructure firm ChargePoint has recently released its 2022 Charging Forward Report. The company’s Chief Marketing Officer, Colleen Jansen, said the report “provides business, fleets, property owners, and drivers with...
Ford CEO Jim Farley hints at adjusting dealership model, might implement ‘multiple tiers of dealers’
Ford Chief Executive Officer Jim Farley said at an Alliance Bernstein event that the electrification of the auto industry is “the most exciting land grab in our industry since the...
J.D. Power Study: More car buyers are considering electric vehicles
J.D. Power released the results of its 2022 U.S. Electric Vehicle Consideration Study this week, revealing that more consumers are considering buying electric vehicles while hesitations persist. The study showed that the...
Samsung SDI and Stellantis to build EV battery plant in Indiana
South Korea-based Samsung SDI and Stellantis N.V. announced this week they would be entering into a joint venture to build a lithium-ion battery production plant in Kokomo, Indiana. The companies are planning...
CEO Carlos Tavares foresees EV materials shortage in coming years, disrupting adoption
Stellantis CEO Carlos Tavares is warning the auto industry and regulators of serious hurdles they could face in the coming years as they race to achieve widespread EV adoption milestones....
Is your service department prepared for electric cars? – David Boyle | CEO of TraXtion
Is your dealership equipped to handle the sale and service of electric cars? As consumers consider EVs more seriously, experts say now is the time to get your house in...
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