Elon Musk Got 72% in Tesla Shareholder Vote on Pay
About 72 percent of the shares in the balloting affirmed the lucrative stock award to the chief executive in a bid to get a court to reinstate it.
$25,000 Jeep EV will be an electric Renegade
Stellantis CEO Carlos Tavares said in a recent interview that a $25,000 Jeep EV is coming to the U.S. soon. Now we know that it will expand on the Renegade nameplate, which was previously given to a small gasoline crossover that was discontinued after the 2023 model year. First spotted by MoparInsiders, the Renegade name was confirmed in... Tesla Shareholders Approve Elon Musk’s $45 Billion Pay Package
The vote was seen as a referendum on his management of the electric car maker and on the limits of executive pay.
Honda battery leasing venture sets stage for more affordable EVs
Battery leasing has long been considered as a way of helping make EVs more affordable, and it appears that Honda is embarking on a business venture that might allow that idea to be scaled up. The joint venture company called Altna, announced Thursday, has been formed as a 50/50 venture between Honda Motor Co. and Mitsubishi Corporation. Combining... 2025 VW ID.4 gets ChatGPT—why, we’re not sure
AI makes its way into Volkswagen's maiden electric car VW says it'll be used as a voice assistant VW also says your data won't be at risk from in-car use Volkswagen confirmed Thursday that it’s carrying over its refreshed lineup of VW ID.4 EV models to the new model year essentially unchanged—and with most of the lineup now offering... PHEVs and oil demand, Porsche charging, point-of-sale tax credit: Today’s Car News
Porsche adds thousands of chargers to its app. The point-of-sale EV tax credit is very popular. And are plug-in hybrids potentially adding to future oil demand? This and more, here at Green Car Reports. With the release of its annual EV sales outlook, Bloomberg New Energy Finance suggests that plug-in hybrids are a wild card for oil demand. With... Will plug-in hybrids be plugged in, or will they add oil demand?
The global fleet of internal-combustion vehicles will peak in 2025, but plug-in hybrids may determine whether this leads to decreased oil demand, according to new analysis from Bloomberg New Energy Finance (BNEF). Sales of internal-combustion vehicles already peaked in 2017, and BNEF expects them to be 29% below that peak in 2027. While BNEF still... Porsche app gives EV drivers access to 75% of compatible US chargers
Porsche on Thursday announced an agreement in the U.S. with ChargePoint to include the network’s chargers in its My Porsche app starting in Q4 of this year. With the app and its coordinated Porsche Charging Service, the arrangement will bring the total number of supported chargers to more than 86,000, according to Porsche. That aggregated... Feds: 90% of eligible EV purchases get tax credit at point of sale
The majority of EV purchasers eligible for a federal tax credit have gotten the credit as a point-of-sale rebate since that option was added at the beginning of the year, The Treasury Department said in a press release. As part of a revamp of the federal EV credit enacted under the Inflation Reduction Act (IRA), credits of up to $7,500 for new EVs... China Is Testing More Driverless Cars Than Any Other Country
Assisted driving systems and robot taxis are becoming more popular with government help, as cities designate large areas for testing on public roads.