Barely a week following the launch of Xiaomi’s highly anticipated electric car, which catapulted the electric vehicle (EV) market into the limelight, other original equipment manufacturers (OEMs) are once again dominating headlines, indicating an ongoing shift in the market landscape. On Thursday (April 4), Swedish automotive...
It’s lights out for Apple’s dream of entering the electric vehicle (EV) marketplace. A Tuesday (Feb. 27) report reveals that the Cupertino, California, personal computer and smartphone pioneer is abandoning its EV plans, sunsetting what was referred to internally as Project Titan. The effort, first...
Hertz is reportedly considering layoffs after selling part of its electric vehicle fleet. The car rental giant on Tuesday (Feb. 6) reported quarterly and year-end earnings showing that it lost an adjusted $1.36 per share, missing analyst projections of a 76-cent loss. The earnings came weeks after Hertz...
While electric vehicles (EVs) have been celebrated for their potential to revolutionize transportation and accelerate the path toward a greener future, recent moves by original equipment manufacturers (OEMs) to scale down production, divest and cut funding have cast a shadow over this once-optimistic narrative. On...
February 28, 2024
It’s lights out for Apple’s dream of entering the electric vehicle (EV) marketplace. A Tuesday (Feb. 27) report reveals that the Cupertino, California, personal computer and smartphone pioneer is abandoning its EV plans, sunsetting what was referred to internally as Project Titan. The effort, first started in 2014, spent billions of dollars in pursuit of […]
February 01, 2024
While electric vehicles (EVs) have been celebrated for their potential to revolutionize transportation and accelerate the path toward a greener future, recent moves by original equipment manufacturers (OEMs) to scale...
January 23, 2018
To say that the Great Recession changed consumer buying outlooks across a variety of categories is not a controversial statement so much as it is a truism. And, with the...
August 04, 2017
Cars for international students can be a surprising complicated issue. Buying a car outright can be a hassle — it’s costly, and it might just be one more thing to sell...
April 07, 2024
Tesla CEO Elon Musk says the company will debut a robotaxi this summer. “Tesla Robotaxi unveil on 8/8,” Musk wrote on X Friday (April 5). The multibillionaire had predicted in 2019 that Tesla would launch a robotaxi by 2020. His latest announcement hours after a report by Reuters that Tesla was jettisoning its plans to produce lower-cost cars […]
February 06, 2024
Hertz is reportedly considering layoffs after selling part of its electric vehicle fleet. The car rental giant on Tuesday (Feb. 6) reported quarterly and year-end earnings showing that it lost an adjusted $1.36...
March 08, 2023
J.P. Morgan has assisted Volvo’s entry into the Indian electric vehicle market. The Swedish luxury carmaker’s XC40 Recharge is an exclusive direct-to-consumer (D2C) model powered by J.P. Morgan’s online payment...
May 26, 2022
Making the most of their ability to deliver over-the-air (OTA) updates to a growing number of cars, automakers continue to add new features to the software of cars that are...
