May 8, 2024 | Electric Vehicles, Europe, Featured
A change at the top of European institutions could herald a change in the 2035 target to phase out sales of internal combustion engine cars even though the automotive industry is already well down the road towards transitioning to electric vehicles....
Apr 25, 2024 | Detroit, Electric Vehicles
Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall. Ford, like most automakers,...
Apr 25, 2024 | Detroit, Electric Vehicles, Featured
Ford has thrown down a gauntlet to Tesla by touting its upcoming range of cheap electric cars, as both companies grapple with slowing demand for EVs. CEO Jim Farley confirmed in Ford’s Q1 earnings call that the company is working on new affordable...
Apr 18, 2024 | Electric Vehicles, Featured
Elon Musk has reportedly announced a round of mass layoffs at Tesla, according to Electrek. In an email reportedly sent to employees, the Tesla CEO announced that the carmaker would cut “more than 10%” of its global workforce. Last year, Tesla reported having just...
Apr 18, 2024 | Diesel, Electric Vehicles, Solar
Silent Yachts launched the first Silent 62 3-Deck yacht, outfitted with 17 kWp of SunPower X400+ rigid glass solar modules and a newly enhanced 350 kWh LiFePO4 battery storage system, propelled by dual 340 kW electric motors. The CEO of Silent Yachts, Michael Köhler,...
Apr 18, 2024 | Electric Vehicles, Featured, US Economy
New electric cars are cheaper than ever, and a robust used market is finally giving prospective buyers budget options. That’s good news for EV adoption overall, but frustrating for owners who bought EVs at high prices and are seeing their cars lose value at alarmingly...
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