Detroit automaker Ford is recalling 29,501 of its 2024– 2025 F-150 Lightning battery-electric trucks in the U.S. due to a defect that can result in a loss of steering control,...
An exclusive Reuters report reveals some senior Tesla executives were alarmed last year when CEO Elon Musk publicly denied canceling the company’s highly anticipated $25,000 electric vehicle, internally known as...
Electric vehicle maker Rivian announced it secured a $1 billion cash infusion from Volkswagen Group following its second consecutive quarterly gross profit in Q2, CEO and founder RJ Scaringe said...
Ford’s planned electric vehicle battery plant in Marshall, Michigan, is at risk if Congress eliminates federal tax credits tied to clean energy manufacturing, Executive Chair Bill Ford warned on May...
On May 29, Toyota reported a 10% rise in global vehicle sales for April, marking its fourth straight monthly increase, fueled by growing demand for hybrid vehicles and a surge...
A coalition of Tesla shareholders is pressuring the company’s board to require CEO Elon Musk to commit at least 40 hours a week to the automaker, citing concerns that his...
The largest Japanese automaker, Toyota, is intensifying its focus on plug-in hybrid electric vehicles (PHEVs), aiming to increase its share of U.S. sales from 2.4% in 2023 to approximately 20%...
Tesla’s vehicle sales in Europe dropped sharply in April, falling 49% year-over-year to just 7,261 units, according to data from the European Automobile Manufacturers’ Association (ACEA). This decline contrasts sharply...
In April, the electric vehicle (EV) market showed clear signs of divergence: new EV sales declined, while used EVs posted record growth, underscoring a shift toward affordability amid rising prices...
Honda is backing away from its aggressive electric vehicle (EV) ambitions, citing a cooling U.S. market and growing global uncertainty. On May 20, the Japanese automaker announced it would no...