The Audi RS e-tron GT commands the highest national average insurance rates among electric cars for … [+] 2022. Audi/jameshalfacre.com Both consumer interest in, and sales of electric vehicles h...
Tag: Cars
This ‘Crypto King’ have Luxury Cars Collection, but got Seized
A 23-year-old Canadian trader, Aiden Pleterski, who called himself ‘Crypto King’ got accused of failing to return ~$35M to his investors. Pleterski’s Luxury Car Collection According to the news repor...
These Are The Cars Commanding The Highest Markups Over Their Sticker Prices
The Jeep Wrangler currently commands the steepest dealer markup these days at more than 24 percent … [+] over sticker price. Jeep New-vehicle prices show no signs of retreating, as robust consum...
If chip production is recovering, why are automakers still making fewer cars?
Automakers trimmed 76,000 vehicles from global production plans in mid-September, according to analysts from AutoForecast Solutions. They’ll produce about 3.23 million fewer this year than planned, th...
Your Car Will Likely Be More Expensive
For more than two years now, buying a new car has cost a small fortune. And receiving it has become almost a luxury because it is difficult to know when it will arrive. The delivery times given by ca...
Tesla recalls over 1 million cars due to window software; What it means for TSLA stock?
The National Highway Traffic Safety Administration (NHTSA) received a letter from Tesla (NASDAQ: TSLA) on September 21 that informed them that the electric vehicle (EV) manufacturer would perform an o...
Ford Filed Trademark Applications for NFTs & Virtual Cars
The largest automaker in the US, Ford, recently surprised the industry by filing 19 trademark applications. The automobile giant followed Sony’s footsteps to enter the metaverse with an NFT marketplac...
China’s EV Startups Suffer Widening Losses Despite Sales Boom
Sept. 19, 2022 6:00 am ET Listen to article (2 minutes) HONG KONG—China’s electric-vehicle market is booming, but the country’s hottest EV startups are seeing losses grow even as sales rise. Rising ba...
Biden Delivers Big Money to EV Industry (There May Be a Problem)
The U.S. government and automakers seem to be on the same page about transforming the country’s car culture from one based on an internal combustion engine to one based on battery-powered electr...
A National Charging Network, Ethereum’s Going Green And How Electric Cars Could Protect The Grid
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Getty Images for Alok This Monday marks t...
Elon Musk Reiterates His Worst Nightmare for The Economy
The markets are slumping as investors worry about the consequences of the Federal Reserve’s aggressive interest-rate hikes, designed to fight an inflation rate that’s the highest in 40 yea...
Elon Musk Predicts the Near Death of These Cars
Elon Musk undoubtedly has helped change the face of the automobile industry. In less than 20 years, Tesla (TSLA) , which he co-founded, has become the benchmark for what all other carmakers aspire to...
How the U.S. got hooked on big cars — despite their downsides
Americans love big cars. It gave the world Cadillacs with massive tailfins and oversize pickup trucks. In Europe, for example, small cars like city cars, subcompacts, and compact cars made up more t...
Tesla May Be Set to Build a New Plant – but Not the One You Think
Elon Musk, chief executive of Tesla (TSLA) , has promised that this year he’ll announce the locations of the electric-vehicle manufacturer’s next factories. The list should probably incl...
Tesla Is Planning a New Business
Text size Tesla has new plans to lower its lithium-ion battery costs. Ronny Hartmann/AFP via Getty Images Auto makers around the world are scrambling to secure raw materials to expand battery capacity...
Tesla’s Planning a New Business. It’s a License to Print Money, Says Musk.
Text size Tesla has new plans to lower its lithium-ion battery costs. Ronny Hartmann/AFP via Getty Images Auto makers around the world are scrambling to secure raw materials to expand battery capacity...
Cheaper electric vehicles coming despite rising battery costs
WARREN, Mich. (AP) — Even though battery costs are rising, auto companies are rolling out more affordable electric vehicles that should widen their appeal to a larger group of buyers. The latest came ...
Volkswagen and Porsche Take a Huge Risk With a Big Bet
Nothing stops Volkswagen (VLKAF) . Not Russia’s energy war on the European Union. Moscow has decided to cut gas supplies to Europe before the cold autumn and winter months because of the countr...
Prices Regulate Activity. Let’s Empower Insurance Companies To Save Young Lives
The memory is hazy as to the exact year, but seemingly ten or fifteen years ago an auto insurer offered a novel option for drivers: lower prices if the insurer could track the driving style of the ins...
Poland homeowners are lining up for days, sleeping in their cars to buy fuel — and coal stocks are still white-hot due to the demand
‘This is beyond imagination’: Poland homeowners are lining up for days, sleeping in their cars to buy fuel — and coal stocks are still white-hot due to the demand It’s still summer in Pola...
Tesla’s Full Self-Driving FSD Cars to Be Ready by 2022 End, Says Elon Musk
Although Musk claims that there is now a lot of improvement with the Full Self-Driving, concerns continue to rise about its safety. Despite widespread criticisms about Tesla’s Full Self-Driving (FSD) ...
Fisker Ocean Looks to Make Splash in the EV World
People were lining up in Brooklyn on Sunday morning, and it wasn’t for bagels. The queue on River Street in the Williamsburg section of the New York City borough had come to get a look at the Fi...
Buy Luminar Stock, Analyst Says. It’s a Winner in Radar for Autonomous Cars.
Text size Luminar’s stock is forecast to reach $30 by December 2023. Here, a photo of a Luminar Lidar-based sensor on a test vehicle. Patrick T. Fallon/AFP via Getty Images The autonomous vehicl...