A Tesla electric car is plugged into a recharging terminal at a Healthy Living Market store in South Burlington, Vermont, June 18, 2023. Robert Nickelsberg | Getty Images As of Thursday, owners of Ford electric vehicles — the Mustang Mach-E and F-150 Lightning — in North America finally have the ability to power up using… Continue reading Tesla stands to earn billions of dollars a year by opening U.S. charging stations to drivers of Ford and other EVs
Author: CNBC Online news
How Hyundai Motor Group became the world’s third-largest automaker
Hyundai Motor Group is the world’s third-largest automaker in the world by volume — but it wasn’t always so. In the late 1980s and 1990s, Hyundai cars suffered ridicule in America for being cheap and low quality. But that is no longer the case. The three auto brands in the automaker’s stable — Hyundai, Kia… Continue reading How Hyundai Motor Group became the world’s third-largest automaker
Ford rolls out Tesla Supercharging for EVs. Here’s what drivers need to know
An all-electric Ford Mustang Mach-E at a Tesla Supercharger station charging. Ford DETROIT – Ford Motor is rolling out Tesla Supercharging capabilities to owners of its electric vehicles in the U.S. and Canada. The launch begins Thursday, but is expected to be supply constrained at the start. The Detroit automaker was the first to announce… Continue reading Ford rolls out Tesla Supercharging for EVs. Here’s what drivers need to know
Maserati reveals first GranCabrio convertible sports car since 2019
At launch, the Maserati GranCabrio is available in the Trofeo trim level. It includes a 3.0 liter twin-turbo V6 engine. Maserati Maserati’s first GranCabrio convertible since 2019 is expected to go on sale this summer in the U.S. with a top speed of nearly 200 miles per hour and likely a six-figure price tag that… Continue reading Maserati reveals first GranCabrio convertible sports car since 2019
Geely-backed car tech company takes aim at Nvidia’s growing auto business
Chinese automaker Geely unveils first model of its new Lynk & Co brand in Berlin. Ullstein Bild Dtl. | Ullstein Bild | Getty Images BEIJING — Companies from Nvidia to Huawei are chasing the market for in-vehicle tech as the electric car industry booms, with Ecarx emerging as a new contender. Since 2017, Chinese car… Continue reading Geely-backed car tech company takes aim at Nvidia’s growing auto business
Elon Musk again promises next-generation Roadster, six years after first hyping it
Tesla Roadster Courtesy: Tesla Six years ago, Elon Musk hyped a next-generation Roadster, the name of Tesla’s debut car from 2008. A refreshed version was never produced, but Musk is once again promising a new Roadster is on the way. “Tonight, we radically increased the design goals for the new Tesla Roadster,” Musk wrote on… Continue reading Elon Musk again promises next-generation Roadster, six years after first hyping it
Investors get more reasons to like Apple as company abandons EV plans and CEO updates AI ambitions
Apple offered investors more reasons to like its stock after the company reportedly canceled its decadelong electric, self-driving car project and CEO Tim Cook talked up the iPhone maker’s artificial intelligence vision. The tech giant announced the end to its autonomous EV pursuits internally Tuesday, Bloomberg News reported , citing people with knowledge of the… Continue reading Investors get more reasons to like Apple as company abandons EV plans and CEO updates AI ambitions
Hybrids lead Consumer Reports’ top 10 new vehicle picks
Toyota hybrid vehicles for sale at a dealership in Chicago, Feb. 6, 2024. Scott Olson | Getty Images Hybrid vehicles led the 2024 top vehicle rankings released Tuesday by influential product testing organization Consumer Reports. Such “electrified” vehicles, including plug-in hybrid models, represented six of the top 10 picks by the nonprofit consumer organization. The… Continue reading Hybrids lead Consumer Reports’ top 10 new vehicle picks
How Ford can challenge a powerful Chinese EV maker’s potential entrance in the U.S.
Forget Tesla , the real competition in electric vehicles is low-cost Chinese automakers. That’s what Ford CEO Jim Farley recently told Wall Street. He said he has a plan as one such EV maker looks to break into America. BYD — short for Build Your Dreams — could pose a threat to Ford and other… Continue reading How Ford can challenge a powerful Chinese EV maker’s potential entrance in the U.S.
Xiaomi bets big on its new electric vehicle — targets 20 million premium users
watch now BEIJING – Chinese smartphone company Xiaomi believes it’s identified a consumer niche that will pay up for its upcoming electric car in a fiercely competitive market. “We think it’s a good starting point for us in the premium segment because we have already 20 million premium users in China based on the smartphone,”… Continue reading Xiaomi bets big on its new electric vehicle — targets 20 million premium users