GM pauses Twitter ad spending as Elon Musk takes the helm

General Motors has announced that it has temporarily paused ad spending on Twitter as the social media platform changes ownership. Twitter’s leading source of revenue has always been advertising, and advertisers often use the platform to communicate more directly with consumers regarding their products. But as the platform has entered tumultuous times regarding ownership and […]

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Europe threatens retaliation over Inflation Reduction Act

French President Emmanuel Macron and German Chancellor Olaf Scholz want Europe to negotiate with the United States regarding the Inflation Reduction Act and have threatened retaliation otherwise. The Inflation Reduction Act (IRA) has again attracted the ire of European leaders. In the most recent report on the subject from Politico, France and Germany have threatened retaliation […]

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Los Angeles Auto Show will host unveilings with EVs taking center stage

Numerous automakers are expected to unveil new and upcoming models at the Los Angeles Auto Show next month, and electric vehicles will take center stage. Hyundai, Kia, Genesis, Subaru, and Porsche are some of the brands expected to unveil new vehicles at or just before the November 17th Los Angeles Auto Show, also known as […]

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Honda thinks they have solved electric motorcycle charging

Honda has unveiled their new battery swap station, the Honda Power Pack Exchange e (HPPEe). Honda has big plans to electrify its motorcycle division in the coming years, and part of that plan is ensuring that customers can keep their bikes charged. To accomplish this, Honda has cooperated with a large group of manufacturers in […]

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Toyota struggles with lack of demand for their newest EV in Japan

Toyota has halved the leasing fee and applied a roughly 10% discount to the lease-exclusive Toyota BZ4X in Japan. Despite Japan’s long history in the automotive industry, the country has been hesitant to adopt electric vehicles, especially compared to other developed economies. According to comments given to Reuters, this hesitancy has led to Toyota’s recent […]

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Uber reports success with Tesla rental program after 1 year

Uber kicked off its Tesla rental program with Hertz roughly one year ago, and the company has published a report on its progress. Uber’s report, published by an analyst within the company, Rainer Lempert, details the Tesla rental program’s first year in operation. The analysis primarily focuses on the program’s sustainability, how drivers reacted to […]

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Tesla Model Y is the best selling vehicle in Europe in September

The Tesla Model Y continues to succeed worldwide, most recently being recognized as Europe’s best-selling vehicle in September. Thanks in large part to Tesla’s continuing production ramp and their new European facility outside of Berlin, the company is finally able to capitalize on the enormous demand for their vehicles in Europe. According to research conducted […]

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Hyundai dramatically increases estimated production capacity for new U.S. plant

Hyundai Global COO, Jose Munoz, has announced that the new Hyundai plant located in Georgia will start production in 2024, with a goal of producing 500,000 units annually. Hyundai’s new production location in Georgia was already anticipated to be a behemoth. The South Korean manufacturer’s $5.5 billion facility had a planned production capacity of 300,000 […]

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The IDRA Giga press heads to Tesla Giga Texas

IDRA Group’s Giga press is now packaged and headed to Tesla Giga-Texas. In a post on LinkedIn, IDRA Group showed the new 9000t Gigapress packaged and ready to be sent to Tesla’s Giga-Texas facility. The new press is a vital part of Tesla’s production line as it will be used for producing the body panels […]

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General Motors CEO stresses EV sales progress in shareholder message

General Motors (GM) CEO Mary Barra released a message to shareholders along with the company’s earnings report earlier today. Despite global supply chain issues, mounting inflationary costs, and general unease regarding the global market, General Motors posted an impressive earnings report this morning. Along with this report, Mary Barra, CEO of GM, focused on the […]

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