Although several automakers are pushing back plans to launch affordable EVs, Nissan is moving quicker to bring them to market. “We thought the process was step by step, but it has accelerated a lot faster.” Nissan’s CEO Makoto Uchida admitted that the EV market was “moving faster” than expected at the Japan Mobility Show this
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House Republicans voted yesterday to scrap “wasteful” energy efficiency rebates – and also voted to spend $19.1 billion on nuclear warheads. Republicans vote to scrap energy efficiency rebates Republicans passed HR 4394, “Energy and Water Development and Related Agencies Appropriations Act, 2024,” in a 210-199 vote yesterday afternoon (with only one Republican no vote). The
Welcome to Backstage, the TV and film podcast from Sky News. This week, we hear from Eddie Izzard about her role in new film Doctor Jekyll. Harry Potter and Fantastic Beasts director David Yates speaks to us about his latest film Pain Hustlers starring Emily Blunt and Chris Evans. BAFTA award-winning BBC drama, Time, has
Princeton University’s Electric Speedboat team has set a new world water speed record for an electric-powered boat, reaching an average speed of 114 mph (183 km/h or 99 knots) on Lake Townsend near Greensboro, North Carolina. The record-smashing attempt was made yesterday on the American Power Boat Association’s sanctioned kilo course, breaking the previous record
Tesla has increased the price of its popular Model Y Long Range today – bucking a trend that has been worrying investors. Over the last year, the trend for Tesla has undoubtedly been price cuts. The automaker claims to be closely tracking orders and comparing them to its production capacity and when there’s a discrepancy,
Tesla has launched a rare new car color for the Model S and Model X called ‘Stealth Grey’. Historically, Tesla has been known to have very limited paint color options for its vehicles as a premium automaker. “Any customer can have a car painted any color that he wants so long as it is black,”
If you thought the Taycan was a sleek car, wait until you see what Porsche is planning for its mid-cycle update. The new Porsche Taycan was spotted out in the wild this week, giving us a sneak peek of the new design. After its launch in 2019, the Porsche Taycan quickly became one of the
After achieving a record Q3 profit, Hyundai says it’s standing by its upcoming EV plans. The move comes despite several prominent automakers, including Ford and GM, recently delaying electric vehicle goals. Hyundai Motor, including Kia and Genesis brands, announced Q3 earnings results Thursday, showing strong profit growth. The South Korean automaker posted a record Q3
After releasing its results for the first nine months of the year, Volkswagen’s CFO said EV orders are down 50% in Europe. VW’s order intake fell short, attributed to a slowdown in the overall market. The Volkswagen Group announced Thursday that EV deliveries increased by 45% YOY, reaching 531,500 in the first nine months of
Tesla and BP announced a deal where the former will sell $100 million worth of Supercharger hardware for the latter to deploy at its locations across the US. The deal is pretty much a first of its kind. Tesla has the best fast-charging network for electric cars in North America by far. That, along with
After achieving a record Q3 profit, Hyundai says it’s standing by its upcoming EV plans. The move comes despite several prominent automakers, including Ford and GM, recently delaying electric vehicle goals. Hyundai Motor, including Kia and Genesis brands, announced Q3 earnings results Thursday, showing strong profit growth. The South Korean automaker posted a record Q3
Tesla is planing a ‘Sport’ Version of the Model 3 with sportier seats, according to information coming out of Tesla’s latest software update. With deliveries starting in the last few days in Europe and tomorrow in China, we are still learning about the updated version of the Model 3. Last week, the parts catalog showed
Tesla Model Y has broken the record in Denmark for most sales ever in a year, and there are still two months to go. Expect to see more records like that, as the electric SUV will likely be the world’s best-selling car this year. Tesla Model Y is now undoubtedly the most successful electric vehicle
In a move reflecting the national interests in the race between next-generation aviation companies to bring advanced air mobility (AAM) vehicles to market, Japan’s SkyDrive has received 12.4 billion yen ($82.7 million) from the government to support the development of the startup’s electric vertical takeoff and landing craft (eVTOL). SkyDrive’s work on its piloted two-passenger SD-05 eVTOL has secured it a reputation as
Speaking at the global reveal of the updated 2024 bZ4X, a Toyota executive claimed electric vehicles don’t make sense in countries like Australia. Meanwhile, as the bestselling EV in the region, Tesla’s Model Y is proving that idea wrong. “Right now, hybrid-electric vehicles are a better fit than BEVs for most consumers,” the Toyota Australia
On the one-year anniversary of breaking ground on its first EV assembly and battery plant in the US, Hyundai announced significant progress at the site. Hyundai began construction on its $5.5 billion electric vehicle and battery plant in Bryan County, Georgia, on October 25, 2022. Exactly a year later, Hyundai says 99.9% of all the
After deliveries reached 27,885 through the first nine months of 2023, Porsche says the Taycan EV “is and will remain a success story.” Meanwhile, with nearly 243,000 total vehicles delivered, Porsche’s ICE vehicles continue carrying the bulk of sales. Porsche delivered 242,722 vehicles in the first nine months of the year, up 10% compared to
Lexus plans to launch a next-generation EV with super-low drag, high range, and a gigacasted vehicle structure. This could be the most significant electric vehicle announcement to come out of the Japan Mobility Show. While the LF-ZC may still be a concept, it’s one that the luxury mark owned by Toyota is committing to right
The Honda-General Motors EV saga may be ending sooner than expected. Honda’s CEO, Toshihiro Mibe, said the automaker is scrapping plans to build affordable EVs with GM because of the “changing business environment.” “After studying this for a year, we decided that this would be difficult as a business, so at the moment we are
Cruise’s license to operate autonomous vehicles in the state of California has been suspended effective immediately, announced the California Department of Motor Vehicles today. GM’s Cruise subsidiary has been operating a driverless taxi service in San Francisco for the last few months, after the California Public Utilities Commission approved both GM’s Cruise and Google’s Waymo
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