Tesla shares dropped Wednesday after the electric car maker reported second-quarter earnings that missed expectations.; Automotive revenue declined 7% from a year earlier to $19.9 billion, while margins also fell.; Tesla’s core automotive…
General Motors will again push back the planned opening of an electric pickup truck plant in suburban Detroit and has delayed a Buick plug-in amid uncertain growth in battery-powered car sales.
Major carmakers in the U.S. and Europe are scaling back production of electric vehicles amid overcapacity and are rethinking their ambitious EV sales goals. EV demand has visibly softened over the past year, leaving legacy automakers in…
Motorists have been issued a warning, as charging electric vehicles can be 'detrimental to battery health' in warm weather. EV owners are being advised to charge during cooler parts of the day
Greg Wilson, CEO of vehicle insurance comparison service Quotezone.co.uk, warned electric models are still significantly more expensive to buy compared to petrol cars.
Japanese hip-hop duo Creepy Nuts — aka rapper R-Shitei and DJ Matsunaga — had a hit single this year with the track “Bling-Bang-Bang-Born,” which hit No. 1 on the Billboard Japan Hot 100 (where it has remained for 19 straight weeks) and No…
A new Cadillac concept evokes past opulence. When many conjure images of the idiomatic “Cadillac,” cars like the Eldorado Biarritz of the late 1950s might come to mind, with their immense proportions, dramatic styling, and unabashed luxury…