Photo: Mercedes-Benz The depreciation of electric vehicles is far steeper than data showed just last year. EVs can now lose up to half their value over a single year, based on recent observations. This is a sharp shift from when electric cars were projected in December 2023 to lose half their value in three years. … Read more
Good morning! It’s Tuesday, August 13, 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. Tesla’s Cybertruck Has Finally Arrived 1st Gear: Elon Musk Can’t Sell Donald Trump’s Vision Tesla CEO Elon Musk … Read more
India’s car market is on track to reach 20 million units by 2047, helped by promising growth in battery electric vehicles, Suzuki Motor Corp. Executive Vice President Kenichi Ayukawa said. First, the goal is for Maruti Suzuki India Ltd., the Japanese carmaker’s subsidiary, to grab 50% market share by 2030, from around 40% for the … Read more
I’m a fan of little funky cars, so I was stoked when I learned that Fiat was bringing its new 500e to the United States. For a company whose only other offerings are leftover 2023 model year 500X crossovers, you’d think Fiat would lay down some good deals on the tiny new electric 500 to attract … Read more
Good morning! It’s Wednesday, May 29, 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 New VW ID.3 Looks Great, But Won’t Come to the U.S. 1st Gear: Tesla Settles Deadly Model … Read more
From layoffs at Tesla, Rivian and others to big price cuts on the Ford F-150 Lightning and Mustang Mach-E, Hertz selling off its fleet of electric vehicles, Tesla’s deliveries being down and even Volkswagen delaying the ID7’s U.S. launch, it could be easy to get the impression that the EV industry is dying. As Bloomberg … Read more
Good morning! It’s Tuesday, May 28, 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. Tesla’s Cybertruck Has Finally Arrived 1st Gear: Shareholders Advised Against Elon Musk’s Massive Pay Raise After it transpired … Read more
Chevrolet is decidedly very late to the electric vehicle game. Cars that should have been out a while ago, like the Silverado EV and Equinox EV are just starting to show up at dealerships now, and its rollout of the Blazer EV has been anything but smooth. It means Chevy is well behind other automakers … Read more
Good morning! It’s Wednesday, May 22, 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. Tesla’s Cybertruck Has Finally Arrived 1st Gear: China Responds To U.S. EV Tariffs China has spent the past … Read more
Good morning! It’s Chewsday, May 21, 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. Tesla’s Cybertruck Has Finally Arrived 1st Gear: VinFast Crash That Killed Four Sparks Probe The National Highway Traffic … Read more