More than half of US car sales to be electric by 2030
Just over half of passenger cars sold in the US will be electric vehicles by 2030, according to a report from BloombergNEF, thanks in part to consumer incentives included in the US$374 billion in new climate spending enacted by President Joe Biden......»»
Public retailers grapple with soft EV demand in Q1
All six public retailers experienced challenges with electric vehicles, but also saw opportunities......»»
Public retailers grapple with soft EV demand in first quarter
All six public retailers experienced challenges with electric vehicles, but also saw opportunities......»»
5 key takeaways from April U.S. sales reports
U.S. light-vehicle sales slipped 3.9 percent to 1.32 million last month compared with April 2023; Toyota led among the brands......»»
Here’s how Jaguar will relaunch as an all-EV brand
In 2021, it canceled an EV months before production—now it's preparing for 2025. Enlarge / Its unlikely the next electric Jaguar will look much like these extreme coupés, designed by the brand for Gran Turismo. (credit: Jaguar.....»»
Jaguar wins 1-2 in Monaco as it prepares its rebirth as EV-only brand
In 2021, it cancelled an EV months before production—now it's preparing for 2025. Enlarge / Its unlikely the next electric Jaguar will look much like these extreme coupés, designed by the brand for Gran Turismo. (credit: Jagua.....»»
Rivian taps Volvo executive as COO ahead of new-model launch
Rivian Automotive Inc. hired Javier Varela as its new chief operations officer to help the electric-vehicle maker scale output as it prepares to roll out a lower-cost model geared for the mass market......»»
Apple blows away Wall Street earnings estimates, even with weak China iPhone sales
Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple beat earnings estimatesFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the s.....»»
Apple’s Q2 2024 earnings reveal a drop in iPhone, iPad sales
Services growth looked rosy as Apple's hardware revenue in China slowed. Enlarge / The Apple Park campus in Cupertino, California. (credit: Anadolu Agency | Getty) Apple's earnings report for the second quarter of the co.....»»
Apple blows away Wall Street earnings guesses, even with weak China iPhone sales
Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple CEO Tim CookFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the second quart.....»»
Wear OS’s big comeback continues; might hit half of Apple Watch sales
Counterpoint Research projects 27 percent market share this year to Apple's 49. Enlarge / The Samsung Watch 6 classic. (credit: Samsung) Wear OS was nearly dead a few years ago but is now on a remarkable comeback traject.....»»
Tech supplier Aptiv lowers sales forecast, reduces equity interest in JV with Hyundai
Under the agreement with Hyundai Motor Co., Aptiv will not be required to fund the joint venture in the future, while Hyundai will provide additional funding......»»
FedEx adds 150 Shyft Group Blue Arc electric vans to its fleet
FedEx is expanding its fleet of zero-emissions vehicles with the addition of 150 Blue Arc battery powered vans. Built by Michigan's Shyft Group, the vans can travel as much as 225 miles between charges......»»
BorgWarner generates higher revenue, earnings as demand grows for hybrids
Detroit automakers such as GM have plans to bring back hybrids to the market, feeding customer demand for a bridge to all-electric powertrains. BorgWarner's CEO kept details around hybrid quoting activity close to the vest......»»
The 2024 Acura ZDX Type-S: This electric SUV feels polished but heavy
It's a badge-engineered Ultium EV, but Acura is responsible for all the software. Enlarge / When fitted with the optional carbon-fiber appearance pack, the ZDX manages to give off station wagon vibes. But others thought it looked.....»»
Cadillac could keep selling gas vehicles past 2030 all-EV goal
GM's luxury brand has said it aims to have an all-EV portfolio by the end of the decade, but Cadillac's global vice president said electric and gasoline models "will coexist for a number of years.".....»»
Mazda teases an EV Mazda6 sedan with China show car
Mazda plans to launch a second battery-electric vehicle this year. The Mazda EZ-6 sedan is bound for China but could foreshadow how the Japanese company handles a wave of global EVs eventually landing in the U.S......»»
Tesla retreats from next-generation ‘gigacasting’ manufacturing process
Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales an.....»»
Xiaomi has Already Sold more than 7,000 Cars
The sales figures were publicly announced by company CEO Lei Jun. The post Xiaomi has Already Sold more than 7,000 Cars appeared first on Phandroid. After a recent announcement regarding its projected EV sales numbers for 2024, Chinese man.....»»
iPhone 15 Pro is unexpectedly the sales champion of spring 2024
Historically, the "Pro" iPhone models get passed by the lower-end model in the spring — but so far 2024 is very different.iPhone 15 loses market share despite series' overall successThe second full quarter since the release of Apple's iPhone 15 ser.....»»
Toyota sales rise 14%; Honda edges up; Hyundai, Kia slip in April
U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less selling day than a year earlier and weaker fleet shipments, analysts say......»»