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 […]
Luxury electric automaker’s abandoned California headquarters ‘left in complete disarray,’ landlord says
See what's being clicked on FoxBusiness.com. The landlord of former electric car maker Fisker's California headquarters says the building has been left in “complete disarray” since the company filed for bankruptcy. Tony Lentini of Shamrock Properties, in a court filing Friday, provided photos of the La Palma office on Sept. 27, the day Fisker handed […]
South Carolina death row inmate to choose firing squad, electric chair or lethal injection for execution
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Ben Affleck and Son Stranded on Highway After Electric Truck Dies
Actor Ben Affleck was spotted stranded on a Los Angeles freeway with his son on Saturday after his electric Bronco broke down. of batman The star's 12-year-old son, Samuel, with ex-wife Jennifer Garner, was able to go to a gas station, where he enjoyed a snack and waited for a tow truck to remove the […]
Carmakers ramp up pressure on chancellor for EV sales subsidies | Electric, hybrid and low-emission cars
Electric vehicle sales in the UK hit a record high in September, despite executives from major car manufacturers telling the Prime Minister that the government's targets were putting too much pressure on the industry. The UK electric car industry sold 56,300 electric cars in the month, a record high, according to preliminary figures released by […]