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Ford cancels plans for electric three-row SUV

See what’s clicking on FoxBusiness.com. Ford is scrapping plans for an all-electric three-row SUV. The company said Wednesday it will not produce the vehicle and instead plans to “utilize hybrid technology for our next three-row SUV.” The company said the discontinuation of the SUV will result in an impairment of approximately $400 million in “certain […]

Is this new electric unicycle a sidewalk terror or misunderstood machine?

Electric unicycles have sparked a heated debate about whether they’re a sidewalk terror or a misunderstood machine. Electric scooters already raise concerns about safety and public nuisance, but electric unicycles seem to take these issues to a whole new level. These difficult-to-control devices seem like they could cause an accident at any time. Do you […]

Hawaiian Electric raises going concern risk over Maui wildfire settlement financing

Maui business owner Javier Cantelops talks in “Cavuto: Coast to Coast” about why the island needs to bring tourists back for business. Hawaiian Electric The company said it still had no plans to raise funds for the $1.99 billion Maui wildfire settlement it agreed to earlier this month, and cited going concern risks in its […]

Samsung Recalls Over 1 Million Electric Ranges Over Fire Hazard Risk

A product expert demonstrates an under-electric induction stove oven during a preview of Samsung Electronics’ Bespoke Home appliances and Smart Things home technology ahead of the Consumer Electronics Show (CES) in Las Vegas, Nevada, on January 3, 2023. CES runs from January 5-8, 2023. (Photo by Patrick T. Fallon/AFP via Getty Images) By James Myers, […]

This flying electric vehicle breaks record with 523-mile nonstop flight

What if you could hop in a flying taxi and travel from San Francisco to San Diego or Boston to Baltimore without the hassle of airports and security lines? Would you do that? Now, thanks to Joby Aviation’s groundbreaking work in clean aviation, this future is closer than ever before. To get security alerts, expert […]

Planned Florida electric bus center poses new challenges, including potential EV fires

FOX Business’ Madison Alworth reports from Naples, Florida, where fire departments are battling a water-damaged electric vehicle fire. A South Florida fire captain said he is preparing to open a planned transportation operations center that will house 100 60-foot articulated battery-electric buses, but that brings with it a host of new challenges. Lt. Mike Adams […]