Electric vehicles more expensive to fuel than gas-powered cars at end of 2022: consulting firm
It was cheaper to fuel a gas-powered car for 100 miles than it was to charge a comparable electric vehicle in late 2022, according to Anderson Economic Group.
Ford recalls 462K vehicles over rear camera display failure
Ford is recalling 462,000 vehicles, including over 382,000 in the U.S., because of an issue related to video output that prevents the rearview camera image from displaying.
EV drivers struggle to find charging stations
FOX Business Jeff Flock reports on New York City's growing electric vehicle charger shortage amid New York's decision to ban gas-powered cars by 2035.
Manchin bill would pause EV tax credit payouts
Sen. Joe Manchin announced legislation Wednesday that would direct the Treasury to implement 30D new vehicle tax credits for vehicles, calling a delay "unacceptable."
Tesla investing $3.6B in Nevada Semi and battery plant
Tesla is expanding its Reno, Nevada-area Gigafactory to mass produce its new Semi truck and next-generation battery packs through a $3.6 billion investment.
Rivian’s chief lobbyist is leaving the EV startup
Electric pickup truck maker Rivian's chief lobbyist Jim Chen is leaving the EV startup at the end of February. Vital in effort to legalize the direct-to-consumer sales model.
California accounted for 40% of US zero-emission vehicle sales in 2022
Nearly 20% of cars sold in the golden state were zero-emissions vehicles which accounted for 40% of all US EV sales in 2022. State will require 100% to be EVs by 2035.
General Motors investing $854 million to build V8 engines amid EV shift
General Motors is investing $854 million in four plants to support V8 engine production for the coming years even as it prepares to transform into an all-electric automaker.
Porsche is selling an office chair for $2,499
Porsche has collaborated with Recaro on a limited-edition office and gaming chair designed like a high-performance sports car's bucket seating.
Ford CEO Jim Farley to race at Daytona
Ford CEO Jim Farley will race a Mustang GT4 at the Roar Before the 24 at Daytona International Speedway, competing in the VP Racing Sportscar Challenge.
Here's how many Lincoln dealers want to sell electric vehicles
Three out of five Lincoln dealers have opted-in to sell electric vehicles starting in late 2024 and have committed to make the investments required to support them.
EV start-up Lucid beats production target, struggles to deliver cars
In 2022, Lucid Motors overcame production targets despite supply-chain snarls but still lagged rivals like Tesla and Rivian in proportionate delivery of EVs.
Porsche sets a sales record in 2022 despite EV drop
Porsche sold 309,884 vehicles around the world in 2022, which was up 3% from the prior year despite ongoing supply chain issues that limited production.
China’s EV sales broke record in 2022 as overall auto market stalled
More than 4 million of new-energy vehicles sold were all-electric vehicles, five times more than that sold in the U.S. last year, cementing China’s place as the world’s top EV market.
Lamborghini set another sales record in 2022 and is sold out into 2024
Lamborghini delivered a record number of cars in 2022 as demand exceeds production. The company says it has an 18-month waiting list for new orders.
Ram is 'in the game' with electric pickups, CEO says
Ram revealed the 1500 Revolution concept electric pickup at CES Thursday night and said a model will be in production in 2024 to compete with Ford and Chevy models.
Tesla cuts prices in China amid slump in deliveries
Tesla cut prices for its Model 3 and Model Y vehicles in China by 6% to 13.5% on Thursday amid a slump in deliveries, according to the company's website.
Hyundai, Kia owners face threat of theft due to social media challenge
Police say the rise in theft of Hyundais and Kias is due to a social media challenge. Over 15 lawsuits have been filed against Hyundai and Kia arguing they are too easy to steal.
GM retakes top sales spot from Toyota with strong 2022 finish
General Motors sales increased 41.4% in the fourth quarter of 2022 on an annual basis as parts supplies and production continued to improve and better meet demand.
Sleepy driver puts Tesla on autopilot, leading police on high-speed chase in Germany
A driver in Germany had his license revoked after he fell asleep behind the wheel of his Tesla, which was on autopilot. The sleeping driver led police on a chase on the Autobahn.