Stellantis CEO Thinks EV Mandates Will ‘Kill’ Industry

Stellantis CEO Thinks EV Mandates Will ‘Kill’ Industry

Photo: Stellantis Jurisdictions around the world are imposing EV mandates, regulating ICE vehicles out of production and sale. This is probably a necessary step to prevent us all from drowning in our homes, but the folks who sell ICE vehicles aren’t happy about it. Case in point: Stellantis CEO Carlos Tavares, speaking to a group … Read more

VinFast Is Burning Through Its Founder’s Cash At An Alarming Rate

VinFast Is Burning Through Its Founder’s Cash At An Alarming Rate

Good morning! It’s Friday, April 26, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: ViFast Handed Another $1 Billion Vietnamese automaker VinFast is really trying to get itself taken seriously … Read more

Automakers Keep Killing Off Small Cars Despite Eventually Regretting It

Automakers Keep Killing Off Small Cars Despite Eventually Regretting It

The EV revolution has hit a stumbling block. Sure, sales are technically rising, but they’re not rising anywhere near as quickly as projected. Automakers like Ford are losing big on each vehicle sold, with losses totaling in the billions — and now, The Verge reports that Ford is starting to wonder if maybe it should … Read more

China wants everyone to trade in their old cars, fridges to help save its economy

China wants everyone to trade in their old cars, fridges to help save its economy

China’s world-beating electric vehicle industry, at the heart of growing trade tensions with the US and Europe, is set to receive a big boost from the government’s latest effort to accelerate growth. That’s one takeaway from what Beijing has revealed about its plan for incentives that will encourage Chinese businesses and households to adopt cleaner … Read more

Low Income Californians Face Hurdles And Red Tape When Applying For EV Incentives

Low Income Californians Face Hurdles And Red Tape When Applying For EV Incentives

California’s EV sales continue to rise. In 2023 the state had a 17 percent increase in EV market share; that was up nearly 30 percent from 2022. But when you look deeper into the numbers you’ll see there’s a problem: EVs are mostly being purchased by wealthier, college-educated Californians. The state hopes to get lower … Read more

EVs Are Still Too Expensive For Buyers, Despite Huge Discounts

EVs Are Still Too Expensive For Buyers, Despite Huge Discounts

Electric vehicles are seeing huge discounts right now, but those new lower prices are still not enough to get folks to, y’know, buy them. Now, an ever-more-bloated EV inventory is pushing automakers and dealers to slash prices even further. Five-figure price discounts are no longer out of the question. Even EVs Can’t Get A Break … Read more

Unsold Chinese EVs Are Piling Up At Ports

Unsold Chinese EVs Are Piling Up At Ports

Good morning! It’s Wednesday, April 17, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Toyota CH-R Is Dead in America 1st Gear: Ports Are Filling With Unsold Cars, Mostly From China … Read more

Tesla Is Getting Rid Of Tons Of Sales Staff

Tesla Is Getting Rid Of Tons Of Sales Staff

Happy Tuesday! It’s April 16, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Even EVs Can’t Get A Break From The Heat 1st Gear: Tesla Layoffs Include Tons Of Salespeople Yesterday, Tesla … Read more

Maserati GranCabrio Folgore Is A Gorgeous Electric Convertible With 818 HP

Maserati GranCabrio Folgore Is A Gorgeous Electric Convertible With 818 HP

After launching its all-electric lineup with the Grecale Folgore SUV and GranTurismo Folgore coupe, Maserati is expanding its range of EVs with its first battery-powered convertible: the GranCabrio Folgore. The droptop version of the electric GranTurismo takes the title of the fastest convertible EV on the market thanks to its top speed of 180 mph … Read more

Tesla Cybertruck Is Significantly Worse At Towing Than Model X: Report

Tesla Cybertruck Is Significantly Worse At Towing Than Model X: Report

Image: Bowlus Bowlus, manufacturer of ultra high-end luxury towables, has been testing the tow range of popular electric trucks and SUVs since the Tesla Model X first launched in 2015. The company’s top-of-the-line Volterra model is an all-electric camp trailer with 17 kWh of onboard power, which can provide an emergency charge to EVs in … Read more