Tesla Made $1.8 Billion Selling Carbon Credits Last Year

Tesla Made .8 Billion Selling Carbon Credits Last Year

You did it, you made it to a new week. It’s Monday, February 12, 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: Tesla Made $1.8 Billion Selling EV Credits Electric … Read more

Ford Claims It Can Build The Holy Grail EV That Is Both Affordable And Profitable

Ford Claims It Can Build The Holy Grail EV That Is Both Affordable And Profitable

Photo: Ford Motor Company Ford still has high ambitions for its electric vehicle projects despite slashing battery production amid slowing EV sales last year. Ford’s Tesla-envying CEO Jim Farley stated during an earnings call yesterday that a new low-cost EV platform was in the works, aiming to compete directly with the Elon Musk-led automaker in … Read more

Niti Aayog moots sops, extension of PLI to LNG vehicles

Niti Aayog moots sops, extension of PLI to LNG vehicles

NEW DELHI: The Niti Aayog has proposed a host of fiscal and non-fiscal incentives, including extension of the production-linked incentive scheme to vehicles run on liquified natural gas and setting up a demand aggregator, to encourage use of LNG in medium and heavy commercial vehicles. This will help lower carbon dioxide emissions and contribute towards … Read more

Electric Vehicle: Force Motors plans to invest around Rs 2,000 cr in 3-4 years, to focus on EV development: MD Prasan Firodia

Electric Vehicle: Force Motors plans to invest around Rs 2,000 cr in 3-4 years, to focus on EV development: MD Prasan Firodia

Automaker Force Motors plans to invest around Rs 2,000 crore in the next three to four years on various activities including sustainability drive and electric vehicle development, according to the company’s Managing Director Prasan Firodia. The company, which sells a range of commercial and utility vehicles, is looking to bring electric versions of its vans’ … Read more

Volkswagen EV: Volkswagen Group working on entry-level EV for India

Volkswagen EV: Volkswagen Group working on entry-level EV for India

German automaker Volkswagen Group is looking to introduce an entry-level electric vehicle (EV) in India by the second-half of this decade, the CEO of its local unit said at an event on Thursday. “We are actively working on an entry-level EV. It needs large investment. To justify a three-figure million dollar investment for the new … Read more

Three Important Things To Consider Before Owning Your First EV

Three Important Things To Consider Before Owning Your First EV

I worked at the Tesla store in Boston while I was studying at Boston University, around the same time that the Model 3 was super delayed and reservation holders were pissed, but I talked to a lot of folks who were considering their first EV and it was my job to help them understand day-to-day … Read more

Guardrails Aren’t Designed To Work On Giant EVs: Study

Guardrails Aren’t Designed To Work On Giant EVs: Study

EVs are really heavy, and neither America’s drivers, nor the vital infrastructure they drive on, are ready for the chaos those big cars will bring. Experts are now especially worried the nation’s guardrails won’t hold up to the weight of EVs in a crash. We’re Driving the 2024 Honda Prologue, What Do You Want to … Read more

Stellantis CEO Says EV Speed Is A Safety Feature, Actually

Stellantis CEO Says EV Speed Is A Safety Feature, Actually

Despite all the evidence to the contrary, Stellantis CEO Carlos Tavares said in a recent interview that electric vehicles being capable of blistering acceleration is actually a safety feature. Ed Begley Jr. On The Past And Present Of Electric Vehicles Top Gear reports Tavares made the comments to journalists at the reveal of Stellantis’s new … Read more

GM Dealers Want Hybrids For Customers Who Aren’t Ready For EVs

GM Dealers Want Hybrids For Customers Who Aren’t Ready For EVs

GM is all in on electric vehicles. Through 2025, the company plans to spend some $35 billion on bringing more EVs to market. While that plan has had a bit of a rough start, GM’s dealers are thinking about a segment GM has essentially abandoned: hybrids. New York Joins California, Banning Non-Electric Vehicles After 2035 … Read more

Tesla will start making new EV model in second half of 2025

Tesla will start making new EV model in second half of 2025

Tesla expects to start production of its long-anticipated, next-generation electric vehicle at its Texas factory in the second half of 2025, Chief Executive Elon Musk said on Wednesday. But Tesla shares were down 6.5% in premarket trading as Musk noted that ramping up production of the new vehicle would be challenging and Tesla also warned … Read more