GM cuts Chevy Blazer EV price as sales restart after software issues

GM cuts Chevy Blazer EV price as sales restart after software issues

Chevrolet All-Electric Blazer EV Scott Mlyn | CNBC DETROIT – General Motors is reducing the price of its new Chevrolet Blazer EV as it restarts sales of the vehicle Friday following an 11-week stoppage to address software issues. GM halted sales of the EV in late December following reports by customers and media of problems … Read more

EV startup Fisker is fighting for survival

EV startup Fisker is fighting for survival

Henrik Fisker, a widely respected Danish automotive designer, joined the battle for electric vehicle dominance in 2007 with his first endeavor, Fisker Automotive, but failed. The company ended with his resignation and bankruptcy in 2013. Now the designer-turned-CEO is back and determined to get it right. In 2016, he came back with a new company … Read more

Why California faces high gas prices

Why California faces high gas prices

California is home to some of the highest gas prices in the United States, according to AAA. The national average for a gallon of regular unleaded was $3.40 as of Thursday, according to the organization’s data. In California, the average was $4.87, more than any other state. Several factors go into what drivers pay for … Read more

Starting price and performance details

Starting price and performance details

Rivian CEO RJ Scaringe stands next to a R2 SUV at an unveiling event in Laguna Beach, California, U.S., March 7, 2024.  Mike Blake | Reuters Rivian Automotive surprised consumers and next new vehicle will be an all-electric midsize SUV called the R2 that’s expected to start around $45,000 when it goes on sale in … Read more

China could flood U.S. electric-vehicle market with cheap offerings

China could flood U.S. electric-vehicle market with cheap offerings

U.S. Energy Secretary Jennifer Granholm speaks to reporters during a press briefing at the White House in Washington, June 22, 2022. Kevin Lamarque | Reuters China could flood the U.S. electric-vehicle market with low-cost offerings, Energy Secretary Jennifer Granholm warned Wednesday, weeks after President Joe Biden raised similar concerns. “We are very concerned about China … Read more

Elon Musk endorsed Jeremy Sylestine for Travis County DA, lost Tuesday

Elon Musk endorsed Jeremy Sylestine for Travis County DA, lost Tuesday

Tesla CEO Elon Musk photographed in Austin, Texas, on April 7, 2022. The electric vehicle firm has also made forays into battery storage. Suzanne Cordeiro | AFP | Getty Images Elon Musk’s pick to be district attorney of Texas’ Travis County lost on Tuesday, hours after the Tesla CEO sent a companywide email urging employees … Read more

Elon Musk reportedly met with Donald Trump in Florida

Elon Musk reportedly met with Donald Trump in Florida

Tesla CEO Elon Musk met with former President Donald Trump on Sunday in Palm Beach, Florida, along with unnamed wealthy Republican donors, the New York Times reported, citing three people briefed on the meeting. Trump is courting donors as he gears up for a general election campaign against President Joe Biden. It’s not yet clear … Read more

Dodge Charger EV, gas-powered muscle car revealed

Dodge Charger EV, gas-powered muscle car revealed

2024 Dodge Charger Daytona Scat Pack EV Dodge DETROIT — Dodge won’t abandon its traditional, gearhead, high-octane Charger and Challenger owners with its next-generation muscle car. The automaker on Tuesday revealed the new Dodge Charger as an all-electric vehicle as well as a next-generation gas-powered muscle car. It will be the first all-electric car from … Read more

China EV shares are feeling the heat as price war concerns grow

China EV shares are feeling the heat as price war concerns grow

New cars of the “Dolphin” model from Chinese car manufacturer BYD are in the harbor.  Picture Alliance | Picture Alliance | Getty Images Chinese electric vehicle makers shares listed in Hong Kong fell on Tuesday as worries of price wars in the sector grew. China’s EV market, the world’s largest and most crowded, is seeing … Read more

Strong Ford hybrid sales provide a window for investors to buy

Strong Ford hybrid sales provide a window for investors to buy

Ford on Monday reported a continued surge in monthly hybrid sales, the latest indication that its strategic shift from money-losing and demand-softening electric vehicles is paying off. Jim Cramer sees a window for investors to act. Shares of Ford were trading as much as 4% higher on Monday after a strong February sales report. The … Read more