Dec 7, 2023 | Electric Vehicles, Featured, US Economy
Americans purchased one million fully electric vehicles in 2023, the first time that many EVs have ever been sold in this country in a single year. More than 960,000 purely electric vehicles had been sold through October, according to a report from Bloomberg New...
Oct 5, 2023 | Detroit, Unions, US Economy
Ford Motor Company announced about 400 workers in Metro Detroit have been laid off as a result of the United Auto Workers strike. The automaker says 350 workers at the Livonia Transmission Plant and 50 workers at the Sterling Axle Plant have been instructed...
Oct 5, 2023 | Auto Industry, Detroit, Featured, Unions, US Economy
General Motors secured a new $6 billion line of credit as the automaker braces for additional strikes by the United Auto Workers union. “The facility that we announced today is a $6 billion line of credit that I think is prudent in light of some of the messages...
Sep 28, 2023 | Charging, Electric Vehicles, US Economy
Recently, a Washington Post story and a study from a research group issued warnings that charging an EV could cost more than filling a car with gasoline. Then CleanTechnica did their own study, concluding the opposite. Since EVs tend to cost...
Sep 28, 2023 | Electric Vehicles, US Economy
The first topic of discussion in Wednesday night’s Republican presidential primary debate was the United Auto Workers strike against the Big Three auto manufacturers. The first candidate to address the underlying issues directly was former Vice...
Sep 28, 2023 | Electric Vehicles, US Economy
Dealers are starting to sweat. Starting next year buyers will be able to apply the EV Tax credit directly to the sale price of an EV. But as Automotive News reports, dealers are worried the government won’t pay them back in a timely manner....
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