Ford is restructuring its leadership to address persistent quality issues by appointing a new head of quality Jim Baumbick.

Ford’s warranty woes and recall troubles spur leadership changes

Jaelyn Campbell - December 19, 2024

Ford Motor is restructuring its leadership to address persistent quality issues and reduce industry-leading recall numbers and warranty costs. The automaker announced plans to appoint a new head of quality,...

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GM Motors and ChargePoint will install up to 500 ultra-fast EV chargers nationwide that will be available by the end of 2025.

GM and ChargePoint to install 500 ultrafast EV chargers nationwide by 2025

Jasmine Kiniklis - December 19, 2024

On Wednesday, GM Motors and ChargePoint announced a significant collaboration to install up to 500 ultra-fast EV chargers nationwide. These new charging stations, branded GM Energy, will be available to...

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Tesla shares drop 8% amid broader market declines, highlighting investor concerns over fundamentals, competition, and Musk's political ties.

Musk’s political ties and SEC probe add pressure as Tesla stock plunges

Jasmine Kiniklis - December 19, 2024

Tesla's shares plummeted by 8%, marking the steepest decline in months, after experiencing explosive growth since the presidential election. Despite the recent pullback, the company closed at $440.13, up 75%...

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The Federal Reserve took another step toward easing monetary policy by cutting its benchmark federal funds rate by 0.25 percentage points

Fed eases rates again but signals slower path ahead

Jaelyn Campbell - December 18, 2024

The Federal Reserve took another step toward easing monetary policy by cutting its benchmark federal funds rate by 0.25 percentage points to a range of 4.25%-4.5%, marking a two-year low....

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Stellantis has resolved its ongoing tensions with the Italian government, signaling a renewed commitment to the country’s automotive sector

Stellantis commits to Italy with multi-billion euro investment in EV expansion

Jaelyn Campbell - December 18, 2024

Stellantis has resolved its ongoing tensions with the Italian government, signaling a renewed commitment to the country’s automotive sector with a significant investment. This announcement, coming just two weeks after...

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Honda & Nissan are in talks to strengthen their collaboration, in response to increasing pressures from EV makers.

Nissan, Honda eye strategic merger to strengthen position in EV market

Jaelyn Campbell - December 18, 2024

Honda and Nissan are in talks to strengthen their collaboration, including the possibility of a full merger, in response to increasing pressures from electric vehicle (EV) makers like Tesla and...

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Lucid Motors eyes growth through strategic OEM alliances

Jasmine Kiniklis - December 18, 2024

Although Lucid Motors is a relative newcomer to the automotive electric-making scene with less production experience than its seasoned counterparts, the company has already established itself as a leader in...

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DOE awards $9.63B loan to BlueOval SK to build battery plants in Kentucky and Tennessee

Jasmine Kiniklis - December 17, 2024

On Monday, the U.S. Department of Energy (DOE) finalized a $9.63 billion loan to BlueOval SK, a joint venture between Ford and South Korean battery maker SK On. This loan,...

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In an effort to remain competitive in the vast, growing electric vehicle (EV) market, Toyota announced it's updating its 2025 bZ4X lineup.

Toyota 2025 bZ4X gets $6K price cut and new Nightshade edition

Jaelyn Campbell - December 17, 2024

In an effort to remain competitive in the vast, growing electric vehicle (EV) market, Toyota announced it's updating its 2025 bZ4X lineup. To start, the automaker is cutting the starting price...

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EV adoption is on the rise, and while overall sales may fluctuate, one trend remains clear: EV owners are incredibly loyal to their vehicles

Study reveals strong loyalty among EV owners: 92% say they would never return to an ICE car

CBT News Editorial Team - December 16, 2024

Electric vehicle (EV) adoption is on the rise, and while overall sales may fluctuate, one trend remains clear: EV owners are incredibly loyal to their vehicles. According to a recent...

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EV news

Ford’s warranty woes and recall troubles spur leadership changes

GM and ChargePoint to install 500 ultrafast EV chargers nationwide by 2025

Musk’s political ties and SEC probe add pressure as Tesla stock plunges

Fed eases rates again but signals slower path ahead

Stellantis commits to Italy with multi-billion euro investment in EV expansion

Nissan, Honda eye strategic merger to strengthen position in EV market

Lucid Motors eyes growth through strategic OEM alliances

DOE awards $9.63B loan to BlueOval SK to build battery plants in Kentucky and Tennessee

Toyota 2025 bZ4X gets $6K price cut and new Nightshade edition

Study reveals strong loyalty among EV owners: 92% say they would never return to an ICE car

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