At the 2022 JP Morgan Auto Conference yesterday, General Motors (GM) EVP and CFO Paul Jacobson talked about scaling EV production and said the company is hitting an inflection point. GM is aggressively electrifying its fleet, despite shortages and supply chain disruptions. Meanwhile, GM plans to scale EV production this year with a slate of… Continue reading GM’s CFO says the automaker is hitting an inflection point, scaling EV production
Category: Automotive
Tesla self-driving smear campaign releases ‘test’ that fails to realize FSD never engaged
A Tesla Full Self-Driving smear campaign started by a California billionaire running for Senate has a new attack ad based on a FSD Beta “test,” where they failed to realize they never engaged FSD Beta during the test. Earlier this year, we reported on Dan O’Dowd, a self-described billionaire and founder of Green Hills Software,… Continue reading Tesla self-driving smear campaign releases ‘test’ that fails to realize FSD never engaged
Tesla loses Nürburgring crown to Porsche Taycan again
Tesla lost its fastest lap record for a production series electric car at the Nürburgring race track to Porsche Taycan, which originally held the record and motivated Tesla to beat it. After Porsche brought its brand-new Taycan electric car to the Nürburgring racetrack to break a record in 2019, Tesla CEO Elon Musk decided to… Continue reading Tesla loses Nürburgring crown to Porsche Taycan again
Airfares, hotel rates and rental car prices fell in July. Here’s how you can score a good deal
The price for major components of vacation travel have declined for two consecutive months, according to the U.S. Department of Labor’s Consumer Price Index. Go to Source
Ford CEO doesn’t expect electric vehicle battery costs to drop anytime soon
Ford CEO Jim Farley said the prices of key battery minerals will likely stay elevated for a while, but the company is looking into alternatives. Go to Source
How the EV tax credits in Democrats’ climate bill could hurt electric vehicle sales
Proposed tax credits of up to $7,500 for EVs under the Inflation Reduction Act could be counterintuitive for sales of EVs, according to several companies. Go to Source
Buying a car and want to go electric? Inflation Reduction Act extends $7,500 tax credit — but with price, income caps
Single buyers of electric vehicles would need to have income of less than $150,000 to qualify for the credit, and luxury models would largely be ineligible. Go to Source
Nikola CEO Mark Russell to retire at the end of the year
CEO Mark Russell will retire at the end of 2022. His successor is former Opel CEO Michael Lohscheller, who joined Nikola in February. Go to Source
Ralph Nader calls for NHTSA to order removal of Tesla Full Self-Driving
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F-150 Lightning price hike, Meyers Manx EV, Lucid Air Stealth: Today’s Car News
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