Tesla Q2 Earnings Report Reveals 45% Profit Drop Amid Weak E.V. Sales
The company led by Elon Musk is selling fewer electric cars, and its big bets on driverless taxis and artificial intelligence could take many years to pay off.
GM's Orion Assembly Plant won't build electric trucks until mid-2026, now Buick's EV timeline just became TBD The Cruise self-driving robotaxi will no longer use the Origin purpose-built platform General Motors is again delaying a planned ramp-up of electric pickup trucks, as well as the first Buick EV for the U.S., reports Bloomberg (via...
The enthusiast-oriented Rivian R3X will launch before the mainstream R3 No timeline has been given for when the R3X, or R3, will arrive The Rivian R2 will go into production in 2026 and serve as the basis for the R3 The Rivian R3X electric hatchback will arrive before the base R3, Rivian CEO RJ Scaringe said in an interview with The Verge...
The enthusiast-oriented Rivian R3X will launch before the mainstream R3 No timeline has been given for when the R3X or R3 will arrive The Rivian R2 will go into production in 2026 and serve as the basis for the R3 The Rivian R3X electric hatchback will arrive before the base R3, Rivian CEO RJ Scaringe said in an interview with The Verge this week...
Porsche and Audi acknowledge the electric transition will take longer than anticipated Audi said plug-in hybrids will be the stepping stone, especially in the U.S. Both Porsche and Audi still plan to go all-electric Two Volkswagen Group brands now expect the EV transition to take longer than originally thought. Porsche previously said it was...
Stellantis patented a deployable diffuser that doubles as a bed step The diffuser would aid efficiency while also enable easier bed access Active aero and bed steps aren't new, but combining the two would be a first Ram may be looking to turn the humble bed step into an active aerodynamic feature that could help boost range of its future electric...
Stellantis patented a deployable diffuser that doubles as a bed step The diffuser would aid efficiency while also enabling easier bed access Active aero and bed steps aren't new, but combining the two would be a first Ram may be looking to turn the humble bed step into an active aerodynamic feature that could help boost range of its future...
Donald Trump hates electric cars—particularly Chinese electric cars—but his administration's sanctions against China's Xiaomi in early 2021 sparked the company's decision to build an EV, CEO Lei Jun told Reuters at a company event Friday. Best known for its smartphones, Xiaomi launched its first EV earlier this year. It's the product...
The revamped Porsche Taycan earns EPA range numbers of up to 318 miles, the automaker confirmed Monday to Green Car Reports. The 2025 Porsche Taycan is now being delivered to U.S. dealerships, and official EPA ranges, as calculated by Porsche and set to be displayed on those window stickers, show that the big improvements in range and efficiency...
The redesigned Kia Carnival has a hybrid option with an expected 36 mpg range Standard as a hybrid, the Toyota Sienna gets 36 mpg or 35 mpg with all-wheel drive The Chrysler Pacifica is the only plug-in hybrid minivan, with a 32-mile electric range. The number of minivans on sale in the U.S. has shrunk, but the remaining cohort is on the whole...
Might an electric convertible be in Cadillac's future? The reveal of the Sollei concept on Monday hints that Cadillac is at least consideing it. The big drop-top has been inspired by Cadillac convertibles of the 1950s, though instead of tall fins the body adopts a sleek design that shares many of its lines with the current Celestiq flagship hatch...
Cadillac's latest EV concept previews a potential convertible flagship The Sollei concept seems like a convertible riff off the Celestiq The Sollei features a 2+2 layout Might an electric convertible be in Cadillac's future? The reveal of the Sollei concept on Monday hints that Cadillac is at least considering it. The big drop-top has been...
Tesla still hasn't solves its issues with the large-format 4680 battery cells Elon Musk reportedly told the team the issues better be fixed by the end of the year If they can't be resolved the project will reportedly be abandoned Tesla is experiencing problems with its large-format 4680 battery cells, and CEO Elon Musk has set a deadline for...
Chrysler issued a recall for about 24,000 2017 to 2021 Pacifica plug-in hybrid minivans The recall stems from an issue fire risk to due a battery-cell abnormality A free software update will be issued to fix the issue, but owners are asked to stop charging and park outside until the update Stellantis on Thursday recalled about 24,000 Chrysler...