Tesla sales boomed in Germany during 2022, coming at the expense of the European hegemon, Volkswagen. As Europe’s biggest car market, Germany has long been a stronghold for brands like Volkswagen, Mercedes, Audi, and BMW. However, this control has been challenged first by Ford and now by Tesla as the company took advantage of the […]
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Ford’s 2022 electric vehicle data showed tremendous growth. The automaker’s EV program was one of the most successful in 2022, despite tough market conditions. Ford said it more than doubled sales of EVs in 2022 compared to 2021. Thanks to the introduction of the Ford F-150 Lightning in 2022, the company sold 61,575 EV units […]
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Ford has reintroduced what could now be considered the ‘old-school’ way to control climate in your vehicle. The automaker rolled out its most recent software update this week for the Mustang Mach-E, which enables knobs instead of touch-enabled sliders to control the vehicle’s climate control. Ford’s Power Up 4.1.2 rolled out to Mustang Mach-E owners […]
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General Motors (GM) has released its 2022 US fourth quarter and full-year sales report for the US, and in it, the veteran automaker highlighted some of its key milestones during the past year. GM deserves quite a lot of credit in 2022, considering that the American automaker was able to reclaim the US’ top spot […]
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Recent data posted by the UK’s Society of Motor Manufacturers and Traders (SMMT) has revealed something quite extraordinary. While Tesla seems to be facing challenges in China, the EV maker’s two best-selling vehicles — the Model Y crossover and the Model 3 sedan — are still dominating their respective segments in some countries abroad. In […]
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Tesla China’s challenges in December were notable, and they were evident in the company’s performance during the month. As per recently released data from the China Passenger Car Association (CPCA), Tesla China’s wholesale figures reached 55,796 units in December, down about 44% compared to November. Considering that the CPCA’s figures were listed as wholesale units, […]
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Volkswagen of America launched an EV emissions calculator with fintech company Future for ID.4 SUV drivers. VW and Future’s carbon emissions calculator is free to use. It is accessible through Volkswagen’s website. Future developed the calculator to measure the carbon impact of driving. To use the electric vehicle emissions calculator, drivers must enter their license […]
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Despite a near miss on its production goal for 2022, institutional investors are maintaining their buy ratings for Rivian stock. Rivian (NASDAQ: RIVN) went public only 14 months ago, and since then, it has not exactly had a great time of it. From its IPO peak, Rivian stock has fallen by over 80%, and the […]
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Tesla (NASDAQ: TSLA) analyst Dan Ives believes the automaker’s stock is being “oversold” as it combats a series of bearish headlines that have continued to hurt the share price. However, the slump continues to present buying opportunities for retail and institutional investors alike. Cathie Wood’s ARK Invest is still buying up shares, adding Tesla stock […]
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Tesla has opened voting for new Supercharger locations for Q1 2023. Late last year, Tesla announced that Tesla owners would be able to vote on the placement of new superchargers. And shortly after the poll was opened, thousands of votes for locations worldwide came in. Now, owners will have the same opportunity to vote quarterly […]
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