Electric

ElectricElon Musk Confirms Supercharger Expansion Despite Firing Team
After announcing it would lay off 10 percent of its global workforce in mid-April, Tesla this week decided to fire its head of new products as well as the senior director of its Supercharger team, along with everyone reporting to them. Around 500 people are affected. The automaker informed employees …
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ElectricTesla Drops New Model 3 Prices by $3,000 in Canada
Tesla didn’t waste too much time adjusting the prices of the refreshed and improved 2024 Model 3 . Customers will rejoice, except obviously those who ordered one in the past couple of months. You see, the single-motor Model 3 RWD now carries a base MSRP of $50,990 instead of $53,990, …
ElectricFord is Losing More and More Money With EV Business
Ford ’s 2024 Q1 results announced last week are pretty telling about the state of the electric vehicle market, especially in the U.S. While the automaker ended the quarter with a net income of $1.3 billion USD, mainly thanks to the success of its fleet vehicles, the EV-focused Model e …
ElectricToyota to Spend $1.9B in Indiana, Likely for All-Electric Highlander
On the same day Honda confirmed plans to invest $15 billion for four future EV, battery and battery material plants in Ontario, rival Toyota announced it will spend the equivalent of $1.9 billion at its Princeton, Indiana assembly plant to build a new three-row electric vehicle starting in 2026. The …
ElectricHonda Confirms Plans for $15B EV and Battery Plants in Ontario
Honda today confirmed that it plans to build a comprehensive electric vehicle value chain in Canada with an approximate investment of $15 billion, including investment by joint venture partners, to strengthen its EV supply system and capability to prepare for a future increase in EV demand in North America. The …
Electric2025 BMW i4 Refreshes Look, Updates Interior to Ward Off Model 3
Looking for a sporty yet relatively affordable electric car? The BMW i4 is getting a mid-cycle refresh for 2025 that the German automaker surely hopes will steal some of the updated Tesla Model 3 ’s thunder. On the outside, the five-door sedan features redesigned headlights and a grille surround in …
ElectricTesla Accelerates Plans for a More Affordable EV
Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied as CEO Elon Musk pledged to accelerate plans for a more affordable EV. Tesla reported profits of $1.1 billion, down 55 percent from the year-ago quarter on revenues of $21.3 billion, …
Electric2024 Forecast to Set New Record For Global Electric Car Sales
Sales of electric cars are surging and expected to break another record in 2024, the International Energy Agency said on Tuesday, with China a big market for that growing demand. In its annual report on the sector, the Paris-based IEA said the world's electric car fleet continued to "grow strongly" …
ElectricNew Tesla Model 3 Performance Debuts With Adaptive Damping, Track Mode
Tesla has finally introduced the Performance variant of the updated 2024 Model 3 , calling it “a perfect, high-performance daily driver.” We’ll start with the newly tuned chassis, which includes the first use of adaptive dampers on a Model 3. Three modes can be selected—Standard, Sport and Track. The multi-sectioned …
ElectricVinFast VF 9 Prices Slashed Nearly 30 Percent in Canada
We’ve told you about Fisker dramatically cutting the price of 2023 Ocean models recently. Now, the same can be said about the 2024 VinFast VF 9 on the eve of the Montreal Electric Vehicle Show, where the Vietnamese automaker will be on display, and with a first batch of units …
ElectricJeep’s Upcoming Electric SUVs May Offer Gas-Powered Variant
As Jeep prepares to officially introduce its first fully electric SUV, the Wagoneer S , and launch it in Quebec and B.C. starting this fall, slow EV growth might force the company to offer a gas-powered variant simultaneously. That’s what new Jeep CEO Antonio Filosa told Automotive News in a …
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