2025 Corvette ZR1 comes with 1K horsepower and possibly a steep price tag
General Motors-owned Chevrolet said Thursday its upcoming 2025 Corvette ZR1 sports car promises a whopping 1,064 horsepower. It will start production next year.
GM CEO Mary Barra on EV strategy as 2024 election heats up
GM CEO Mary Barra said she's comfortable with the automaker's EV strategy as the looming presidential election creates uncertainty about the next administration's view of EV regulations.
Tesla's quarterly results miss estimates after price cuts hit bottom line
Tesla's second quarter results missed analysts' estimates for its margin after the company's price-cutting push to stimulate demand had an impact on its bottom line.
GM, Ford may see profit hit amid cooling EV demand, US dealer software problems
GM and Ford may post smaller quarterly profits this week after slowing consumer demand for EVs and a cyberattack on a critical software system used by dealerships disrupted sales.
Porsche says EV transition is taking 'longer than we thought'
Luxury automaker Porsche said that the transition to electric vehicles is taking longer than expected after it previously set a goal for 80% of its sales to be all-electric by 2030.
Starbucks, Mercedes team up in EV charging network expansion
Mercedez-Benz High-Power Charging plans to install electric vehicle charging stations at 100 Starbucks locations in the U.S., starting at the Interstate 5 corridor.
Biden admin ramps EV spending in swing states as election nears
The Biden administration announced $1.7 billion in grants for EV projects and retooling auto manufacturing facilities in eight states, including several critical swing states.
Texas residents turn to Whataburger app to track power outages amid Hurricane Beryl devastation
Texas residents on social media say they are using the app from the fast food restaurant Whataburger to track where power is on and off following the devastation of Hurricane Beryl.
BMW recalls over 390K vehicles in US over airbag issues
German automaker BMW announced that it recalled 390,000 vehicles, including Series 3 Sedans and Sportwagon models made between 2006 and 2012, over airbag issues.
Fisker recalling 7,500 SUVs in US, citing issue with water pump
Over 7,500 of Fisker’s Ocean SUVs are being recalled in the U.S. The company is offering a free replacement water pump as a fix for the problem.
Biden wants to 'ram EVs down the throats' of Americans: Virginia AG Jason Miyares
Virginia Attorney General Jason Miyares addresses the 26 states suing the Biden administration over EV mandates on 'The Bottom Line.'
Biden admin proposes rule to protect outdoor and indoor workers from extreme heat
The Biden administration proposed a federal heat safety regulation that would require employers to give certain workers periodic breaks in cool spaces and access to water when it's hot.
Tesla deliveries may disappoint...again
Elon Musk-led automaker Tesla is expected to announce that deliveries declined for the second consecutive quarter amid tough competition in China and U.S. consumers turning to hybrids.
Volkswagen recalls 271K Atlas SUVs over airbag issue
Until affected Volkswagen Atlas sport utility vehicles have received the fix, people should avoid sitting in the front passenger seat "whenever possible."
Volkswagen to invest $5B in Rivian, form joint venture
Volkswagen and Rivian said Tuesday they will create a joint venture together, with the electric vehicle startup expected to receive up to $5 billion from the German automaker.
Nearly half of American EV owners want to switch back to gas-powered vehicle, McKinsey data shows
New findings from consulting firm McKinsey & Co. show a significant share of Americans who own electric vehicles have buyer's remorse. Nearly half want to switch back to gas.
Vandals spray-paint fleet of Tesla Cybertrucks with ‘F--- Elon!’
The owner had parked the $80,000-dollar vehicles in a parking lot in Fort Lauderdale. (Credit: Facebook / Yasser Rabello)
Power blackout hits Montenegro, Bosnia, Albania and Croatia's Adriatic coast amid heat wave
Montenegro, Bosnia and most of Croatia's Adriatic coast experienced a power blackout during a heat wave due to a malfunction in an interconnector, officials say.
Ferrari's first EV to cost over $500K: report
Italian luxury automaker Ferrari is planning to make its first electric vehicle, which will come with a price tag that's more than $500,000, according to a report by Reuters.
EV maker files for bankruptcy after hemorrhaging cash
California-based electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection on Monday after burning through cash reserves on its Ocean SUV line in the U.S. and Canada.