By Dana Hull and Ed Ludlow | Bloomberg Tesla shares pared a steep drop in intraday trading after Chief Executive Officer Elon Musk denied a report saying the carmaker had canceled plans for a less-expensive vehicle. The stock fell as much as 6.2% on Friday after Reuters said Tesla was abandoning the project, citing anonymous … Read more
The Biden administration on Wednesday slashed its target for U.S. electric vehicle adoption from 67 per cent by 2032 to as little as 35 per cent after industry and autoworker backlash in the political battleground state of Michigan. The Environmental Protection Agency (EPA) instead adopted a “technology neutral” regulatory scheme that allows automakers far more freedom … Read more
Owners of Ford electric vehicles can now use much of Tesla’s charging network in the U.S. and Canada, but there’s a hitch. They’ll need to get an adapter that Ford will provide for free, although the company won’t start shipping those until the end of March. Last May, Ford became the first automaker to reach … Read more
By Rob Nikolewski | The San Diego Union-Tribune Sales of electric vehicles in California hit an all-time high at the start of last summer. But registrations declined in the third quarter of 2023 and slipped again in the final three months of the year. Is it a statistical fluke, or does it indicate a trend? … Read more
By Ed Ludlow and Aashna Shah | Bloomberg Irvine-based Rivian Automotive shares fell in early trading after the electric-vehicle maker issued a disappointing production forecast and announced plans for another round of job cuts. The maker of plug-in pickups, SUVs and delivery vans expects to build just 57,000 vehicles this year, in line with last … Read more
Last Updated: February 08, 2024, 12:00 IST Porsche To Let Users Control Some Vehicle Functions With Apple CarPlay. (Photo: BRProud.com) The German auto manufacturer has become the first automaker to let users control some vehicle functions with Apple CarPlay. The automakers are focussing on adopting several new technologies, considering the comfort and safety of vehicle … Read more
By Craig Trudell | Bloomberg Tesla drivers no longer have to squint to read the warning lights in their electric vehicles, thanks to eagle-eyed auditors at the US National Highway Traffic Safety Administration. The regulator posted an unusual recall report on its website Friday from Tesla, in which the manufacturer acknowledges that 2.2 million of … Read more
By ALEXA ST. JOHN DETROIT — More than 4,700 auto dealerships across the United States urged President Joe Biden in a letter Thursday to halt the Environmental Protection Agency’s efforts to enforce stricter vehicle-pollution standards. The missive comes just weeks before the agency’s expected ruling on its tailpipe-emissions proposal, which addresses both climate change and … Read more
By Alexa St. John | The Associated Press The Department of Justice has ordered a recall of 600,000 Ram trucks as part of a settlement that directs engine maker Cummins Inc. to remedy environmental damage it caused when it illegally installed emissions control software in several hundred thousand vehicles, skirting emissions testing. It released new … Read more
Flavio Volpe, head of the Automotive Parts Manufacturers’ Association, believes the recent electric vehicle targets set out by Canada’s environment minister also carried this pointed message to Canada’s domestic auto industry: “Let them eat cake.” Volpe says he has come to this conclusion because he believes those goals, which include a national target of 100 per cent zero-emission vehicle sales by 2035, cannot be … Read more
