The 2024 Blazer EV is expected to arrive in showrooms beginning next summer, with starting pricing between about $45,000 and $66,000. Go to Source
Author: CNBC Online news
Nikola adjourns shareholder meeting, again, as founder Trevor Milton blocks stock-issue plan
Nikola is trying to win enough shareholder votes to overcome ex-CEO Trevor Milton’s objection to issuing new stock. Go to Source
Ford unveils new F-150 Raptor R pickup with 700 horsepower
Ford and its rivals have been adding performance variants to their lineups to beef up profit margins before they transition more to electric vehicles. Go to Source
Elon Musk asks court to reject Twitter’s request for speedy trial
Musk’s team says the trial should wait until next year, after Twitter requested expedited treatment and a hearing as early as September 2022. Go to Source
Musk says Tesla can lower car prices if inflation ‘calms down’
Tesla hiked prices across its models as recently as June, increasing the cost of its Model Y long-range from $62,990 to $65,990. Go to Source
General Motors will build a network of EV fast chargers at Pilot travel centers along U.S. highways
GM and EVgo will install EV fast chargers at 500 Pilot and Flying J locations along U.S. highways, enabling coast-to-coast travel. Go to Source
Hyundai unveils new Ioniq 6 EV — an ‘electrified streamliner’ with unique design
The Ioniq 6 will be Hyundai’s third all-electric vehicle in the U.S. following the Kona and Ioniq 5 crossovers. Go to Source
Tesla AI leader Andrej Karpathy announces he’s leaving the company
Big changes are afoot within Tesla’s Autopilot unit as AI leader Andrej Karpathy announces he’s no longer working for the company. Go to Source
Americans are paying record-high prices for new vehicles
If investors are looking for signs of a recession or weakening consumer spending, they can skip over new vehicle prices, which reached a new record in June. Go to Source
Panasonic reportedly building new factory in Kansas to produce batteries for Tesla and rest of EV industry
The Panasonic plant will reportedly supply Tesla, whose demand for batteries is increasing as it ramps up production. Go to Source