Even early adopters and those seeking to reduce their CO2 emissions wilt at some EVs’ first-year depreciation of 50 percent. Automakers, too, are feeling the heat. In a press release …
Electric vehicle depreciation is something of a hot topic right now, and for good reason. On one hand, there are some fantastic deals to be had on the secondhand market, …
Ford created a surprise smash hit when it introduced the Maverick in 2021. This compact pickup, built on architecture shared with the Escape and Bronco Sport crossover SUVs, offered truck …
This is a new issue for the automotive industry. “One of the beautiful things about automotive has been that it tends to move much more slowly than consumer electronics,” says …
After major investor Volvo decided to decrease its stake and cut funding for Polestar early this year, the EV company went in search of $1.3 billion of new funding. It …
The Rimac Group describes Verne—its new autonomous ride-hailing service—as its “next impossible thing.” First, founder Mate Rimac established his eponymous electric hypercar company in Croatia, a country with no history of …
Under CEO Elon Musk, Tesla has been credited with revolutionizing the auto industry, jump-starting the electric revolution, and racking up billions in profit in the process. Now Musk is set …
Today, the Biden administration announced a near-unprecedented 100 percent tariff on Chinese-made electric vehicles, a move the White House said would protect the American industry from “unfairly priced Chinese imports.” …
Car enthusiasts mourn the commoditization of propulsion. Once petrolheads would have chosen a BMW for its sonorous straight-six or a Mercedes-AMG for its thunderous V8. Now many believe that distinctiveness …
Elon Musk will be pleased that his surprise jaunt to China on Sunday garnered many glowing headlines. The trip was undoubtedly equally a surprise to Indian prime minister Narendra Modi, …