The administration of U.S. President Joe Biden rolled out a plan this week to provide nearly $5 billion over five years to states to help in developing a national electric vehicle charging network. more
Volvo is laying the groundwork for its electric future, with reports emerging that the car brand will launch a new, fully electric SUV soon. Codenamed V546, the new SUV model will be built by Volvo in its plants in China and South Carolina, USA. more
Billionaire Elon Musk grabbed the headlines again after having a candid conversation with a frustrated Tesla customer on Twitter on Wednesday, February 9. The topic revolved around the delayed rollout of Tesla's revamped Model X. more
A Tesla heat pump problem forces the recall of nearly 27,000 vehicles in the United States because the cabin heating systems may not defrost the windshield quickly enough due to faulty software. more
Toyota Motor Corporation had excellent news for its investors on Wednesday, February 9, with the Japanese automaker reporting a record net profit of 2.32 trillion yen ($20.10 billion) for the period of April to December in 2021. more
California may not be home for Tesla anymore, but it remains an important market for the world's biggest electric car maker. Tesla recorded impressive car sales in California in 2021, making the state still its biggest market in the United States. more
Nissan Motor Co. raised its net profit outlook for the current fiscal year to March to 205 billion yen ($1.8 billion). The weaker Japanese yen and reduced costs helped Nissan boost its profit outlook for FY 2021. more
It appears Tesla was not immune to the supply chain issues that ravaged the global auto industry last year with the computer chip shortage forcing the world's leading electric car maker to remove one of the two electric control units that are normally equipped in the steering racks of some of its vehicles. more
The EV market continues to grow in Europe, with sales doubling last year with over 1.2 million units sold despite the COVID-19 pandemic and semiconductor shortages. more
South Korean automakers Hyundai and Kia have recalled nearly 500,000 vehicles in the United States, telling owners to park their vehicles outdoors because they can burst into flames even when not in use, according to the NHTSA. more
For the first time in his U.S. presidency, Joe Biden publicly acknowledged Tesla's status as the country's largest producer of electric vehicles during a speech to promote companies in the United States that are expanding the nation's EV infrastructure. more
The long wait is almost over for the Ferrari Purosangue, with the Italian luxury carmaker confirming in its 2021 sales report that production of the SUV will begin later this year. Ferrari also announced that deliveries of the Purosangue SUV will start in 2023. more
Tesla made a stunning revelation with its SEC filing on Monday, February 7, with the world's leading electric car maker saying that it was holding nearly $2 billion worth of bitcoin at the end of 2021. more
The 2022 Jeep Wrangler made a huge splash with the automaker unveiling the new Wrangler High Tide and the Jeep Beach Special Edition in time with the upcoming Jeep beach Week. more
Toyota finally unveiled the second half of its 2022 Tundra full-size pickup trucks, and they sure are a sight to behold. The 2022 Toyota Tundra with the new i-Force Max hybrid powertrain took center stage in the launch. more
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