Category: Automotive

Key Toyota supplier appoints new leader in the heat of EV shift

One of Toyota’s most prominent suppliers and Japan’s leading auto parts manufacturer, Denso, appointed a new CEO Monday as the industry’s shift to EVs heats up globally. Toyota, Japan lag behind the EV market Toyota is in the midst of an identity crisis. The world’s largest automaker has stood by as the industry transformed beneath… Continue reading Key Toyota supplier appoints new leader in the heat of EV shift

Chevy flexes 557 hp Blazer EV SS at the Daytona International Speedway [Video]

The first-ever fully electric Chevy Blazer EV is set to go on sale this summer, followed by a powerful high-performance SS trim. This SS version will be the first performance model of a Chevy EV, with an estimated 557 horsepower, turning the all-around family car into a speed demon. Check out the latest video of… Continue reading Chevy flexes 557 hp Blazer EV SS at the Daytona International Speedway [Video]

GM teases GMC Sierra EV pickup early designs

The GMC Sierra EV will be the second fully electric truck from the GM brand, following the GMC Hummer EV pickup. With an estimated 400 miles of range, the new GMC Sierra EV is poised to take on the Ford F-150 Lightning and the upcoming electric Ram 1500 REV. The automaker teased a few early… Continue reading GM teases GMC Sierra EV pickup early designs

Here’s why I prefer Amtrak over my Tesla Model 3 in the US Northeast

Since I moved to Vermont a year ago, I’ve both driven my Tesla Model 3 and taken an Amtrak train to visit family in Pennsylvania. Here’s why I prefer to take the train in the Northeast Corridor – the busiest railroad in North America. Convenience. Taking the Amtrak Vermonter from VT to PA is a… Continue reading Here’s why I prefer Amtrak over my Tesla Model 3 in the US Northeast

Tesla reaches new Supercharger milestone as it still dominates charging

Tesla has reached a new Supercharger milestone with 45,000 stalls as it still dominates fast charging, especially in the US. The Supercharger network is a big part of Tesla’s success. The automaker was so early in electric vehicles that it couldn’t rely on third-party charging networks, and it had to develop its own. That turned… Continue reading Tesla reaches new Supercharger milestone as it still dominates charging

Tesla is about to launch a big new software update with new features and UI upgrades

Tesla is about to launch a big new software update that includes a few new features and a lot of user interface upgrades. As a Tesla owner, it’s always a good day to get a notification that a new software update is available. You start wondering what new features or improvements you are getting that… Continue reading Tesla is about to launch a big new software update with new features and UI upgrades

Warren Buffett-backed BYD announces new shock absorption tech for premium EVs

BYD’s Han electric car, pictured here at the 2021 Shanghai auto show, is one of the most popular new energy vehicles in China. Evelyn Cheng | CNBC SHENZHEN, China — Electric vehicle giant BYD is banking on new driver-assist technology to smooth out car rides and get the edge on its EV competition. BYD, backed… Continue reading Warren Buffett-backed BYD announces new shock absorption tech for premium EVs

Club meeting recap: Jim Cramer says ‘buy Ford, don’t sell it,’ while also touting Caterpillar

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Labor costs still elevated Watch Caterpillar Buy Ford 1. Labor costs still elevated Stocks ticked lower Monday. It was the first regular trading session since Friday’s jobs report from the… Continue reading Club meeting recap: Jim Cramer says ‘buy Ford, don’t sell it,’ while also touting Caterpillar

That $7,500 electric vehicle tax credit may soon be harder to get. Here are 2 workarounds

Jackyenjoyphotography | Moment | Getty Images Why the new EVs credit may be harder to claim The Inflation Reduction Act, which President Joe Biden signed in August, set various manufacturing requirements for new all-electric and plug-in hybrid vehicles to be able to qualify for the full $7,500 tax credit. As of Aug. 17, for example,… Continue reading That $7,500 electric vehicle tax credit may soon be harder to get. Here are 2 workarounds