General Motors (GM) and Honda Motor have terminated their plans to collaboratively develop affordable electric vehicles (EVs), citing slower-than-anticipated demand and shifting market conditions. The decision comes approximately 18 months after the initial announcement of the partnership. The collaboration aimed to leverage GM’s next-generation Ultium battery technology to manufacture millions of sub-$30,000 EVs for global […]
Transport Canada has issued a recall notice, numbered 2023-486, for 1,241 SUVs in the country, specifically affecting the Chevrolet Bolt EUV models from the years 2022 and 2023. The recall was initiated by General Motors on August 31, 2023, and last updated on September 13, 2023. The issue centers around the portable charging cord that […]
Lucid Motors has launched a new referral program aimed at rewarding its most loyal customers it says. The program allows current Lucid owners to refer new buyers, with both parties receiving various incentives and rewards based on the model purchased. Owners can log into their portal to share a referral link, which new buyers can […]
Fisker has announced a price reduction for its top-level Ocean Extreme electric SUV, lowering the price from $68,999 to $61,499 in the U.S. market. The price change is effective immediately. Customers who have already ordered or purchased the Ocean Extreme will receive a $7,500 price adjustment, even if their vehicle is already in production. “It […]
General Motors (GM) has issued a safety recall for its 2023 Cadillac LYRIQ vehicles, affecting an estimated 62 units. The recall was initiated on October 12, 2023, under the National Highway Traffic Safety Administration (NHTSA) Recall No. 23V-682. The company has identified a defect in the Body Control Module (BCM) software calibration that compromises pedestrian […]
Ford is recalling 931 units of its 2023 F-150 Lightning pickup trucks due to a defect in the windshield defrosting and defogging system, according to a notification sent to the National Highway Traffic Safety Administration (NHTSA). The recall is being conducted under Federal law and has been assigned the NHTSA Campaign Number 23V-688. The issue […]
General Motors, Honda and Cruise announced today that they have entered into a Memorandum of Understanding to establish a joint venture for a driverless ridehail service in Japan. Pending regulatory approvals, the new company is expected to be established in the first half of 2024 and aims to begin operations in central Tokyo in early […]
Amazon has deployed more than 10,000 custom electric delivery vans across the United States as part of its commitment to achieve net-zero carbon emissions by 2040. The company co-founded The Climate Pledge in 2019 and subsequently partnered with Rivian to design and produce 100,000 electric delivery vehicles by 2030. Amazon began rolling out its electric […]
Ford has issued a safety recall affecting 34,762 units of its 2021-2022 Mustang Mach-E vehicles. The recall is designated under the National Highway Traffic Safety Administration (NHTSA) Recall No. 23V-687 and Manufacturer Recall No. 23S56. According to the Part 573 Safety Recall Report, the estimated percentage of vehicles with the defect is 100%. The defect […]
Drivers of BMW, MINI, and Rolls-Royce electric vehicles equipped with Combined Charging System (CCS) will be able to use designated Tesla Supercharger stations, announced the BMW Group on Tuesday. “It is our top priority to ensure that our drivers have easy access to reliable, fast charging,” said Sebastian Mackensen, President & CEO, BMW of North […]
Luxury electric vehicle manufacturer Lucid Group reported on Tuesday that it delivered 1,457 of its Air sedans in the third quarter of 2023. The number falls short of the approximately 2,000 vehicles analysts polled by FactSet had expected the company to deliver for the period. Shares of Lucid Group are currently down 4.5% on Tuesday. […]
Kia has revealed advanced details about the eco-friendly interiors of its EV3 and EV4 concept models, emphasizing the brand’s strategic shift towards sustainable mobility. The initiative is part of Kia’s broader commitment to achieve carbon neutrality across its operations by 2045. The interiors of the Concept EV3 and EV4 are designed by Kia’s CMF (Color, […]
Idra, an Italian manufacturer specializing in aluminium casting machines and a supplier to Tesla, has expanded its customer base to include Ford, Hyundai, and an undisclosed European company, reports Reuters. The expansion comes as more automakers are exploring the use of ‘gigapresses’ in vehicle manufacturing. Tesla has pioneered the use of massive casting machines, also […]
Lucid Motors started first deliveries of its new Lucid Air Sapphire electric sedan on Monday, a performance version that rivals Tesla’s Model S Plaid. Car reviewer Doug DeMuro got his hands on the new Lucid Air Sapphire and showed off details and the driving experience of the new EV, which costs a cool $250,000 USD […]
Shares of Rivian dropped over 22% on Thursday following the company’s unexpected announcement to offer $1.5 billion in convertible notes. The news came despite Rivian’s third-quarter revenue estimates aligning with Wall Street expectations. In a regulatory filing on Wednesday, Rivian disclosed its third-quarter revenue is expected to be between $1.29 billion and $1.33 billion. These […]
