Auto Execs Beg Trump to Keep Biden’s EV Mandates After Spending Billions on Unprofitable Electric Cars
Executives at Ford Motor Co., General Motors Co., and Stellantis are pleading with President-elect Donald Trump to preserve President Joe Biden's electric vehicle (EV) mandate. The plea comes as automakers have invested billions of dollars in EVs but have been unable to turn a profit. In March, Biden issued federal regulations to begin phasing out […]
Trump unveils limited edition ‘American Eagle’ acoustic and electric guitars
President-elect Trump announced the sale of a limited number of “45” guitars on his social media site Wednesday. “Coming soon! Limited edition '45' guitar. Only 1,300 of each acoustic and electric guitar were made, some of which are personally signed. ” Trump wrote on Truth Social. The “American Eagle” series guitars feature the phrase “Make […]
California taxpayers paying nearly $20M for wireless electric charging project at UCLA
See what's being clicked on FoxBusiness.com. Wireless charging for electric vehicles (EVs) is coming to the streets of Southern California universities, and comes at a hefty price, with much of the cost being borne by taxpayers. The University of California, Los Angeles (UCLA) is partnering with CALSTART and Electreon Wireless, Inc. to develop charging infrastructure […]
You won’t believe how far Volvo’s new electric semitruck goes on a single charge
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General Motors to Go Fully Electric by 2035 as EVs Remain Unprofitable
General Motors CEO Mary Barra says the automaker's plan for the automaker to grow by 2035 despite third-quarter results showing that electric vehicles (EVs) remain unprofitable. It remains committed to making the car fully electric. “That’s the plan we’re still running.” Barra said. of new york times It's part of GM's plan to fully transition […]
GM electric vehicles still not profitable, company sees ‘progress’
Automotive expert Mike Caudill responded to California's controversial effort to use electric cars as police vehicles during an appearance on “The Big Money Show.” General Motors said its electric vehicles are not yet profitable, but the company is seeing “progress” in the industry. GM made the announcement in a letter to shareholders detailing its third […]
An electric aircraft the military has its eyes on can take off with only 150 feet of runway
In a remarkable demonstration, Electra showed off its results. hybrid electric An ultra-short prototype for U.S. military personnel that emphasizes the aircraft's ability to operate in areas without traditional airfields. This development comes at a critical time, as recent natural disasters such as Hurricane Helen in North Carolina have highlighted the need for aircraft that […]
German Drivers Giving up on Electric Vehicles, Data Shows
Aside from convincing people to buy electric cars, a new challenge for Germany's green energy reset is getting them to keep their cars as the number of EV owners rapidly switches to internal combustion engines. One in three electric car owners have returned to a petrol or diesel car this year, according to data from […]
‘A Dire Spiral’: Used Electric Vehicle Prices Are Cratering Amid Slackening Consumer Demand
The resale value of electric vehicles (EVs) is soaring as weak consumer demand weighs on prices. Automakers have offered a series of price cuts on new models to support sales amid weaker-than-expected demand. According to In the Wall Street Journal. Discounts have plummeted the resale value of EVs, with the average selling price for an […]
Giants’ Azeez Ojulari turns in ‘electric’ performance vs. Bengals
The opportunity presented itself and Azeez Ojulari answered it. On Sunday night, in the Giants' first game since outside linebacker Kayvon Thibodeau underwent wrist surgery and was placed on injured reserve, Ojulari made his first start and had his most extensive performance of the season, making four tackles and two sacks. (and should have added […]