‘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 […]
Toyota Invests $500 Million in Electric Air Taxi Startup
Toyota is reportedly doubling its investment in electric air taxi developer Joby Aviation with a new $500 million funding round. The auto giant seems to think the future of urban travel lies in small planes flying between skyscrapers. tech crunch report Toyota announced it will invest an additional $500 million in California-based electric air taxi […]
Biden administration putting $1.5B into four electric power projects — including interconnection for Texas’s isolated grid
The Biden administration announced Thursday it will spend $1.5 billion on four power projects, including connecting Texas' isolated power grid to the southeast. The four projects are expected to improve grid reliability and improve energy access, the Department of Energy said in a press release. Together, they are expected to enable 7,100 megawatts of new […]
Ford Hopes to Boost Electric Car Sales by Giving Away Free Charging Stations
Ford Motor Co. wants to boost electric vehicle (EV) sales by handing out free home charging stations, executives announced this week. “Car buyers say they're more likely to buy an electric vehicle if they can refuel at home, so we're going to make it easy for them,” said Ford CEO Jim Farley. said. I wrote […]
The legend of Ryan Williams, Alabama’s electric freshman WR, was born vs. Georgia
It's been a few days since Saturday night's thrilling game between Alabama and Georgia, with the Crimson Tide coming away with a dramatic victory by a final score of 41-34. This game is already approaching legendary status, with the iconic Paul Finebaum calling it so One of the best SEC games he's ever seen.. In […]