Ford is stopping the production of the F-150 electric pickup and anticipates a significant $19.5 billion loss.
Ford Motor Co. revealed on Monday that it has written down $19.5 billion and is planning to halt production on several electric vehicle models. This marks a significant retreat by the auto industry from electric models, largely influenced by policies from the Trump administration and a dip in EV demand. Based in Dearborn, Michigan, Ford […]
Rivian creates its first internal chip for autonomous electric cars
Rivian Automotive Develops In-House Chip for Self-Driving Technology On the latest Barron’s Roundtable, experts are expected to discuss Alphabet’s rising stock value, influenced by advancements in AI, and compare Google’s Waymo with Tesla in the self-driving competition. Rivian Automotive announced on Thursday that it has created its first in-house chip, designed to power the next […]
Electric School Bus Catches Fire in LA
Electric School Bus Fire in Los Angeles Reports indicate that a fire occurred in Los Angeles on Wednesday morning. The Los Angeles Fire Department (LAFD) confirmed that the vehicle fire was reported around 9:20 a.m. at 11460 W. Foothill Blvd., which is located just beneath the 210 Freeway overpass in the San Fernando Valley. Fortunately, […]
Plug-In Hybrid Electric Vehicle Fires in Colorado Garage, Hurting Delivery Driver
This week, a plug-in hybrid electric vehicle caught fire in a garage in Douglas County, Colorado, prompting an extensive emergency response from local fire departments. Fortunately, the residents were unharmed, though a delivery driver who was at the scene was taken to a nearby hospital for assessment of his injuries. On Monday afternoon, authorities from […]
USPS electric vehicle fleet is delayed with $3 billion of taxpayer money used — only 612 trucks produced
USPS Electric Fleet Delays Raise Concerns WASHINGTON — The U.S. Postal Service’s initiative for an all-electric delivery fleet is significantly behind schedule. More than $3 billion of taxpayer money has been spent, yet only 612 of the anticipated 35,000 electric delivery trucks have been constructed, according to a letter shared with Senator Joni Ernst (R-Iowa). […]
Electric vehicle drivers will be subject to a pay-per-mile tax.
New Tax on Electric and Hybrid Cars Leaked Ahead of UK Budget A recently leaked report highlights a forthcoming tax on electric and hybrid vehicles in the UK, detailing significant changes to the economic outlook ahead of the Budget. The document from the Office for Budget Responsibility (OBR) indicates that, starting in April 2028, drivers […]
Large AI Data Centers Dramatically Increase Everyone’s Electric Bills
Electricity Prices Surge in Virginia, Ohio, and Illinois Residents in Virginia, Ohio, and Illinois are facing increasing electricity bills as demand rises, largely driven by the growth of large data centers. Reportedly, tech companies and AI labs are establishing data centers that can consume over 1 gigawatt of electricity. To put that in perspective, that’s […]
Justin Bieber has an accident while riding an electric skateboard
Justin Bieber has opened up about sustaining some “horrible” injuries after taking a tumble off his one-wheel electric skateboard. “My ribs are really hurting, brother,” he shared during a Twitch live stream on Thursday, which lasted over four hours. “That fall really got to me, brother,” he continued. “I’m trying to keep it cool, but […]
Ford’s CEO finds it ‘shocking’ to analyze Tesla and Chinese electric vehicles.
Ford’s CEO Discusses Company Overhaul Amidst Competitive Pressure Ford’s CEO, Jim Farley, recently expressed how competition in the automotive industry has made him feel quite humbled. He realized the necessity for significant changes within Ford, recognizing that failing to adapt could mean falling behind. On a recent Tuesday, he candidly admitted to feeling “very humbled” […]
Electric vehicles surpass gasoline cars in emissions after only 2 years, new research shows.
Electric vehicles (EVs) have shown significant advantages in reducing long-term emissions, despite the increased pollution associated with battery production. It turns out that after about two years of regular use, EVs start to outperform gasoline cars in total CO2 savings, and this advantage grows with time. A recent study published in PLOS Climate supports this […]