BMW has announced that it will invest 800 million euros ($863 million) into its new production location in San Luis Potosí, Mexico, following numerous other manufacturers rushing to America’s Southern neighbor. Following the introduction of the Inflation Reduction Act, which requires EVs to be assembled in North America to qualify for federal incentives, foreign automakers […]
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A Porsche Boxster EV test vehicle has been spotted charging, highlighting the brand’s future offerings. It’s no secret that Porsche is working on its next-generation EV platform. With a 900-volt architecture underpinning the drivetrain, and numerous performance upgrades, many expect the premium German brand’s next generation of EVs to be an incredible leap in innovation. […]
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Update: 11:06 AM EST: Paragraph 7 added to show the probability of the driver having a medical emergency. California Highway Patrol saw the vehicle and noted the driver was awake after catching up to the car. A Tesla Model Y with a sleeping driver was recently spotted on the I-15 Freeway near Temecula, California, which […]
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Ferrari is taking a page out of the Tesla Roadster’s notebook after the Italian supercar company recently applied for a patent for a “pulsejet” system that aims to increase vehicle performance and is similar to what Elon Musk has in store of the reiteration of its first-ever car. Although the Italian carmaker first filed the […]
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Tesla has increased prices on its Model Y all-electric crossover and cut prices on the Model 3 sedan. Tesla’s Model Y Long Range increased $1,500 from $53,490 to $54,990 last night, while Model Y Performance trims went up $1,000 from $56,990 to $57,990. Model 3 Rear-Wheel-Drive vehicles also felt a slight cut by just $500, […]
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Tesla CEO Elon Musk was found not liable in a case where investors sought to recover losses after he Tweeted that he had secured the necessary funding to take the automaker’s stock private in 2018. Investors sued Musk, Tesla, and the company’s board, claiming that the CEO’s communications on social media network Twitter had cost […]
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Tesla stock (NASDAQ: TSLA) continued to climb on Friday following news that Model Y vehicles would completely qualify for electric vehicle tax credits. The stock has risen over 77 percent so far this year after a broad market downturn that widely hurt the tech and automotive sectors in 2022. Tesla stock is up around 1 […]
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BMW and Pirelli will outfit the German automaker’s i4 M50 all-electric vehicle with the Italian tyre manufacturer’s P Zero Elect rubber, which is geared for high-performance electric powertrains. Putting that perfect set of fresh rubber tires on your favorite car doesn’t just make it handle like it’s on rails and give you a renewed appreciation […]
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Tesla’s complete lineup of Model Y trim levels now qualifies for electric vehicle tax credits through the Inflation Reduction Act, as the Internal Revenue Service (IRS) has increased the applicable MSRP limit to $80,000 across each of the all-electric crossover’s configurations. In December, the IRS released a list of vehicles that would qualify for the […]
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Ford is in “deep development” of its next-generation electric vehicles, including a new, full-size EV pickup that will complement the automaker’s already-successful F-150 Lightning. Ford has been working on several new developments for its “Model e” division dedicated toward EVs in hopes of creating an industry-leading platform. One of these developments, revealed last year, was […]
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