Tesla reportedly facing DOJ, SEC probes over plans to build Elon Musk a large glass house

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, looks on as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. Gonzalo Fuentes | Reuters Tesla is reportedly facing two new federal probes over possible misuse… Continue reading Tesla reportedly facing DOJ, SEC probes over plans to build Elon Musk a large glass house

How Kia pulled off a massive turnaround in the U.S.

Korean carmaker Kia is something of a Cinderella story. When the automaker arrived in the U.S. in 1994, its cars were poorly reviewed, and it was seen mostly as a low-cost value brand.  Now, Kia is winning awards and commanding higher markups than its peers. U.S. sales have gone from about 12,000 units in 1994… Continue reading How Kia pulled off a massive turnaround in the U.S.

Polestar second-quarter loss widens as it ramps up EV deliveries

The Polestar 3 SUV, originally expected late this year, has been pushed into early 2024 because of delays with its Volvo-developed software. Courtesy: Polestar Swedish electric vehicle maker Polestar on Thursday reiterated that it still expects to deliver at least 60,000 EVs in 2023, with a positive gross margin – and confirmed that its next… Continue reading Polestar second-quarter loss widens as it ramps up EV deliveries

Hyundai and LG will invest an additional $2B into making batteries at Georgia EV plant

Savannah, Ga. — Hyundai Motor Group and LG Energy Solution said Thursday they will spend an additional $2 billion and hire an extra 400 workers to make batteries at the automaker’s sprawling U.S. electrical vehicle plant that’s under construction in Georgia. The announcement by the South Korea-based companies — one a major automaker, the other… Continue reading Hyundai and LG will invest an additional $2B into making batteries at Georgia EV plant

Nissan is reusing the batteries from old Leaf EVs to make portable power sources

Yokohama, Japan — Batteries in older Nissan Leaf electric vehicles are getting a new life as portable power sources that can be used to run gadgets on the go or deliver emergency power in disasters. Japanese automaker Nissan Motor Co. has sold more than 650,000 Leaf EVs. Their batteries often retain a charging capacity longer… Continue reading Nissan is reusing the batteries from old Leaf EVs to make portable power sources

Kia recall to fix trunk latch that won’t open from the inside, which could leave people trapped

Detroit – Kia is recalling about 320,000 cars in the U.S. to fix a problem that could prevent the trunk from being opened from the inside. The recall covers the Optima midsize car from 2016 through 2018, Optima hybrids and plug-ins from 2017 and 2018, and the Rio small car from 2016 and 2017. Kia… Continue reading Kia recall to fix trunk latch that won’t open from the inside, which could leave people trapped

These cars will be gone after 2023

This content is only available to subscribers. Get unlimited digital access. $1 for 6 months. Subscribe Now Your subscription supports: Trusted, up-to-date local Detroit and Michigan-wide breaking news. Accurate, fact-based journalism without an agenda, so you get the information you need to make informed decisions. Complete coverage and commentary on Michigan politics from Chad Livengood,… Continue reading These cars will be gone after 2023

Extreme E to launch hydrogen off-road race series in 2025

Extreme E organisers will launch a new hydrogen-powered spin-off category in 2025 – and it’s set to become the first official FIA world championship to use the fuel. The new Extreme H category will use the same off-road SUV-styled buggies as the existing Extreme E series, but with the electric powertrain swapped for a hydrogen… Continue reading Extreme E to launch hydrogen off-road race series in 2025

Fisker confirms ‘high-performance’ variant of Pear EV

A “high-performance” variant of the Fisker Pear electric hatchback, dubbed the Pear Extreme, has been confirmed by the American EV start-up. Fisker has yet to confirm performance targets for the new variant, but it’s highly likely to significantly reduce the 6.3sec (claimed) 0-60mph sprint time of the regular Pear, thanks to a dual-motor, four-wheel-drive powertrain.… Continue reading Fisker confirms ‘high-performance’ variant of Pear EV

Development of multiple EVs on the table, first EV bike on track for 2025 launch, says Eicher Motors’ Siddhartha Lal

Siddhartha Lal, MD of Eicher Motors says Royal Enfield is not in a desperate rush to bring out EVs, but the team is working “really hard, day and night,” to come out with an EV motorcycle, that is “differentiated and authentic which interests’ people,” he said. He said that the company is working on a… Continue reading Development of multiple EVs on the table, first EV bike on track for 2025 launch, says Eicher Motors’ Siddhartha Lal