Tesla, Ford and Chevy suffer December EV slowdown, but U.S. registrations grow 23%
Electric vehicles captured 8.8 percent of U.S. light-vehicle registrations in December, S&P Global says. While the segment grew a robust 23 percent for the month, that was slower than the 52 percent pace for full-year 2023......»»
Tesla posts Q3 net income of $2.2 billion, forecasts sharply higher 2025 deliveries
Tesla said it expects to launch lower-cost models next year. "Plans for new vehicles, including more affordable models, remain on track for start of production in the first half of 2025.".....»»
Elon Musk says making a regular $25,000 Tesla would be "pointless" as he goes all-in on robotaxis
Elon Musk says making a regular $25,000 Tesla would be "pointless" as he goes all-in on robotaxis.....»»
Daily 5 report for Oct. 23: EVs get collateral damage from political attack ads
A study says 88 percent of political ads involving EVs are negative. The electric vehicle industry is worried about reputational damage. .....»»
GM Canada delays St. Catharines EV motor output until 2027, affecting 1,000 workers
Unifor opened a labor action center in Niagara Region this month to help about 1,000 members find work following layoffs and retooling delays at General Motors Canada’s St. Catharines Propulsion Plant. .....»»
Lithia saved $50 million more than planned through Q3, sees another $100 million soon
Lithia Motors Inc. by the end of the third quarter reduced expenses by $50 million more than the group's original target for a cost-cutting initiative launched this year, COO Adam Chamberlain said Oct. 23 on the company's Q3 earnings call......»»
Tesla Q3 net income rises 17% to $2.2 billion; total revenue up 8% to $25.2 billion
Tesla said it expects to launch lower-cost models next year. "Plans for new vehicles, including more affordable models, remain on track for start of production in the first half of 2025.".....»»
GM sees China red ink grow in Q3 amid extended sales slump
GM is working to restructure its struggling business in China, where its market share has fallen amid heightened competition, particularly from domestic brands selling low-priced EVs......»»
9to5Mac Daily: October 23, 2024 – Apple gaming app, iPhone roadmap
Listen to a recap of the top stories of the day from 9to5Mac. 9to5Mac Daily is available on iTunes and Apple’s Podcasts app, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players. Sponsore.....»»
Tesla makes $2.2 billion in profit during Q3 2024
Tesla's profit margin is looking healthier than it has in a while. After a rocky first half of the year, Tesla enjoyed a much healthier third quarter in 2024. As we learned earlie.....»»
Polar bears" exposure to pathogens is increasing as their environment changes, blood samples suggest
As the Arctic warms, polar bears now face a greater risk of contracting several pathogens than bears three decades ago. Karyn Rode and Caroline Van Hemert of the U.S. Geological Survey report these findings in a new study published October 23, 2024,.....»»
Experiments find people assume unidentified bystanders in a war zone are combatants, acceptable collateral damage
People's bias toward sacrificing unknown bystanders appears to stem from assuming the unidentified person is an enemy, according to a study published October 23, 2024, in the open-access journal PLOS ONE by Scott Danielson from the University of Cant.....»»
Mammalian fossils reveal how southern Europe"s ecosystem changed during the Pleistocene
Fossils from more than 600,000 years ago reveal how Southern Europe's animal community shifted between warm and cold climate fluctuations, according to a study published October 23, 2024 in the open-access journal PLOS ONE by Beniamino Mecozzi from t.....»»
VW pushes back launch of ID7 EV in the U.S. to ‘probably" 2025
The VW ID7 electric sedan, similar in size to the discontinued Passat midsize sedan, was supposed to launch in the U.S. in the third quarter, but now it looks like it will likely launch in 2025......»»
Ford Bronco sales slide unconcerning to dealers after 2 years of markups
U.S. sales of the Bronco SUV are down 16 percent this year, but dealers and analysts say it's a function of supply and demand finally normalizing. Accessories and other add-ons remain lucrative......»»
1 Thing We"re Talking About: Mobile service platform Curbee names new CEO
Mobile service startup Curbee has named Amit Chandarana as its new CEO. He replaces Denise Leleux, who helped launch the startup after serving as director of global customer and ownership experience at Tesla......»»
Advanced driver-assistance systems could become $307 billion market by 2035, report says
Revenue from advanced driver-assist systems is expected to surge from just $1.7 billion in 2023, according to a report by Oliver Wyman Forum. The firm also expects massive revenue growth in EV charging services......»»
GM, Ford try to ease fleet customers" switch to EVs
Switching to an electric vehicle comes with a host of considerations, including when and where to charge it. For fleet operators, moving away from gasoline-powered vehicles also comes with business implications. Some companies might be interested.....»»
In political ad barrage, EVs get the short end of the stick, especially in Michigan
Some $21.5 million has been spent on EV-related ads this election cycle. About 88 percent, or $18.9 million, of it is negative, according to a study......»»
Stellantis to road test EV fleet with solid-state batteries
Stellantis NV plans to operate a test fleet of electric vehicles powered with solid-state batteries in two years’ time, taking a step toward potential commercialization of a technology that’s aimed at improving EV performance. The automaker wi.....»»
The CEO of Ford says he"s been driving a Xiaomi EV for the past 6 months and doesn"t want to give it up
The CEO of Ford says he"s been driving a Xiaomi EV for the past 6 months and doesn"t want to give it up.....»»