Tag: OEM news
Weekly roundup: First look at the 2024 Acura ZDX, study claims...
Earlier this week: General Motors announced plans to invest more than $1 billion into two Michigan plants to produce its next-generation EV pickups. The...
Hyundai and LG Energy Solutions unite to build $4.3 billion EV...
In a significant stride toward cleaner energy initiatives, Hyundai and LGES have announced their joint plans to establish a cutting-edge electric vehicle (EV) battery...
Joining forces: Ford EVs to gain access to Tesla superchargers
Rival automakers Ford and Tesla revealed a surprising new strategic partnership that could permanently change electric vehicle charging infrastructure for drivers.
In a joint announcement...
GM confirms plans to release electric Cadillac Escalade later this year
General Motors has confirmed the release of an all-electric version of its flagship Cadillac Escalade later this year.
The Detroit automaker said the new SUV...
Polestar delays SUV release to 2024, cuts workforce by 10%
On May 11, Swedish EV maker Polestar trimmed its full-year production guidance to between 60,000 and 70,000 vehicles, claiming that its Polestar 3 SUV...
Stellantis will steer clear of Tesla-led EV price war says CEO
Tesla's recent and drastic price cuts on its electric cars in various markets have shaken the global auto industry. However, automaker Stellantis has remained...
Most EV models likely to earn partial or full tax credit...
With the Treasury Department's electric vehicle tax credit revisions set to apply on April 18, new research suggests their effect on automaker sales will...
Government pressure on OEMs to produce EVs: An industry misstep?
In a world where market forces often dictate the direction of the automotive industry, with the latest Federal government plans, it’s becoming increasingly clear that...
Ford announces $1 Million scholarship program to support students pursuing careers...
• Investment backed by Ford Fund and Ford Dealers will help meet the high demand for highly skilled automotive technicians across the industry
• Scholarship...
February U.S. auto sales: Ford and Hyundai show marked improvements, Japanese...
According to preliminary estimates from LMC Automotive, a leading automotive forecasting, and data company, U.S. auto sales saw a notable increase in February 2023....
