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Canada launches new offensive in electric vehicle manufacturing subsidy war

Canada is spending more to help automakers build out electric vehicle supply chains in the country as part of its yearslong effort to attract new auto investments and compete with the U.S. EV subsidies enacted under President Joe Biden. The tax credit, included in the government’s new 2024 budget proposal, offers manufacturers a 10% subsidy […]

Tesla Owners Wait Hours to Charge Electric Vehicles After Eclipse

Tesla owners reportedly waited hours to charge their cars after Monday’s total solar eclipse. Long lines at charging stations are like salt in the wound for EV owners who have to wait for their cars to charge until they arrive home, causing long delays on busy days. This is a major concern as there is […]

Gallup Poll Shows Growing Backlash Against Electric Vehicles

Latest vote According to a Gallup poll, public support for the transition to electric vehicles (EVs) has declined significantly starting in 2023. Ordinary people are not surprised by this. “7% of Americans report owning an electric vehicle, up from 4% a year ago,” Gallup reports. but. “This increase coincides with a decrease in the percentage […]

Camden Heide, Samson Johnson exchange electric March Madness dunks

The second half of the national title game turned into a highlight-reel dunk battle. On one side, there was a putback finish by Purdue’s Camden Heide that shook State Farm Stadium. Meanwhile, Samson Johnson of UW made consecutive lob dunks, sending the crowd into a frenzy. Heide’s dunk was one of the standout moments of […]

Apple Lays Off 600 in Wake of Electric Vehicle Failure

Tech giant Apple, one of the most valuable companies on the planet, lays off more than 600 employees in California and faces numerous challenges under CEO Tim Cook’s leadership. This suggests a change in the company’s priorities. Many of the job cuts were related to the failure of the company’s electric vehicle project, which was […]

Apple laying off 614 California workers after scrapping electric car project

Jeff Sica, founder of Circle Squared Alternative Investments, speaks on “Barney & Co.” about the Justice Department’s antitrust lawsuit against Apple, which claims the tech giant has a monopoly on the smartphone market. . Apple is laying off 614 employees in California after reports emerged earlier this year that the tech giant was abandoning efforts […]

Ford delays launch of electric SUV, truck amid slowdown in demand

Ford Motor Co. on Thursday postponed plans to launch a three-row electric vehicle in Canada and a next-generation electric pickup truck in Tennessee, as a slowdown in global EV demand is forcing automakers to revise production plans. announced. Separately, Ford said it is ramping up sales of hybrid electric vehicles and plans to offer hybrid […]

Ford delaying rollout of new electric pickup truck, SUV

Ford is delaying the launch of new electric pickup trucks and electric SUVs as demand for electric vehicles slows across the industry. Automotive giant in Dearborn, Michigan Said The company on Thursday postponed the launch of an electric pickup truck built in Tennessee and a three-row SUV built in Ontario, Canada. Despite the delays, the […]