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Automotive

U.S. Consumers Want EVs but Range and Cost Give Pause According to KPMG Survey
May 23, 2023 Ξ

U.S. Consumers Want EVs but Range and Cost Give Pause According to KPMG Survey

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According to Gary Silberg, a global automotive sector leader at KPMG, the affordability of electric vehicles (EVs) remains a significant barrier for many potential buyers. While Silberg expects the demand  Full Article »

Automotive

Ford Reverses Decision To Axe AM Radio and Decides to Keep It On 2024 Models
May 23, 2023 Ξ

Ford Reverses Decision To Axe AM Radio and Decides to Keep It On 2024 Models

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In a recent announcement, Ford CEO Jim Farley revealed that the company has decided to reverse its previous decision and reinstate AM radio in its new vehicles. This change comes  Full Article »

Automotive

Ford Expects Profits from Internal Combustion Engine Vehicles to Grow Through 2025 Despite EV Growth
May 22, 2023 Ξ

Ford Expects Profits from Internal Combustion Engine Vehicles to Grow Through 2025 Despite EV Growth

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Ford Motor Co. recently shared its projections for the growth of its internal combustion engine (ICE) vehicle business, referred to as Ford Blue, over the next couple of years. During  Full Article »

Automotive

Cadillac Escalade IQ Announced to Join EV Lineup
May 22, 2023 Ξ

Cadillac Escalade IQ Announced to Join EV Lineup

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Cadillac has officially announced the name of its upcoming electric SUV, which will be called the Escalade IQ. The new Escalade IQ will be one of the very first entries  Full Article »

Automotive

Battery Materials Supply Deal with Nemaska Lithium Signed by Ford To Ramp Up EV Production
May 22, 2023 Ξ

Battery Materials Supply Deal with Nemaska Lithium Signed by Ford To Ramp Up EV Production

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Ford Motor Co announced today three significant deals pertaining to the supply of lithium products, including lithium hydroxide. These agreements are part of Ford’s strategy to accelerate the production of  Full Article »

Automotive

Toyota: Not Enough Resources for EVs to be Only Cleaner Car Option
May 19, 2023 Ξ

Toyota: Not Enough Resources for EVs to be Only Cleaner Car Option

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According to Toyota Motor Corp’s top scientist, a shortage of resources makes battery electric vehicles (BEVs) an inadequate solution to combat climate change. Toyota has faced criticism for its slow  Full Article »

Automotive

Settlement Valued at More Than $200M Reached in Hyundai, Kia Theft Class-Action Lawsuit
May 18, 2023 Ξ

Settlement Valued at More Than $200M Reached in Hyundai, Kia Theft Class-Action Lawsuit

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Hyundai and Kia announced a substantial settlement amounting to over $200 million in response to a class-action lawsuit. The legal action was filed by owners of vehicles that were deemed  Full Article »

Automotive

General Motors’ 2025 EV Production Could Be Stifled by Battery Bottleneck
May 18, 2023 Ξ

General Motors’ 2025 EV Production Could Be Stifled by Battery Bottleneck

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According to a forecast and analysis conducted for Reuters, General Motors (GM) may face a battery bottleneck that could hinder its projected EV production for 2025. While GM has announced  Full Article »

Automotive

Panasonic Ramps Up EV Battery Cell Production with Plans for Multiple North American Factories by 2030
May 18, 2023 Ξ

Panasonic Ramps Up EV Battery Cell Production with Plans for Multiple North American Factories by 2030

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Panasonic Holdings Corp, a Japanese company known for its battery manufacturing, has announced its plans to expand battery production for electric vehicles (EVs) in North America. The company intends to  Full Article »

Automotive

Ford recalls 422,000 Explorer and Lincoln Aviator SUVs for Potential Rear View Camera Failure
May 18, 2023 Ξ

Ford recalls 422,000 Explorer and Lincoln Aviator SUVs for Potential Rear View Camera Failure

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Ford Motor Co is issuing a recall for approximately 422,000 SUVs in the United States due to a potential failure of the rear view camera display. The affected vehicles include  Full Article »

Automotive

Elon Musk Says Tesla Is Not Immune to Difficult Future of Global Economy
May 17, 2023 Ξ

Elon Musk Says Tesla Is Not Immune to Difficult Future of Global Economy

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On May 16, Elon Musk, the CEO of Tesla Inc, addressed shareholders at the company’s annual meeting held in Austin, Texas. During the meeting, Musk emphasized that Tesla would not  Full Article »

Apple

Former Apple Engineer Charged by US DOJ With Attempt To Steal Self-Driving Car Tech
May 16, 2023 Ξ

Former Apple Engineer Charged by US DOJ With Attempt To Steal Self-Driving Car Tech

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The United States Department of Justice (DOJ) has recently filed formal charges against a former Apple engineer named Weibao Wang. This development, as reported by CNBC, stems from allegations that  Full Article »

Automotive

220,000 Jeep Cherokee SUVs Worldwide Recalled by Stellantis Due to Fire Risk
May 16, 2023 Ξ

220,000 Jeep Cherokee SUVs Worldwide Recalled by Stellantis Due to Fire Risk

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Stellantis has issued a global recall for approximately 220,000 Jeep Cherokee SUVs manufactured between 2014 and 2016. Owners of these vehicles have been advised to park them outdoors and away  Full Article »

Automotive

Two-Thirds of US Dealerships Have No EVs In Stock
May 16, 2023 Ξ

Two-Thirds of US Dealerships Have No EVs In Stock

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Finding an electric vehicle (EV) for a test drive and purchase can be a challenging task unless you have a clear idea of what you want and are prepared to  Full Article »

Audi

Ex-Audi Boss Pleads Guilty in Automaker’s Diesel Emissions Scandal
May 16, 2023 Ξ

Ex-Audi Boss Pleads Guilty in Automaker’s Diesel Emissions Scandal

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In a significant development related to Volkswagen’s diesel emissions scandal, Rupert Stadler, the former head of Audi, Volkswagen’s luxury division, pleaded guilty to charges associated with the use of illegal  Full Article »

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