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Intense Video Shows Truck Driver Scrambling To Escape Rapidly-Sinking Vehicle

Floods in Shepherd, Texas, prompted authorities to rescue nearly 20 people on Friday, with one man scrambling to crawl out of his sinking truck to avoid submerging into the water. Big Creek, in Shepherd, flooded its banks, leaving many stranded for hours and some in need of urgent rescue, according to Fox 26. Video footage […]

Electric vehicle tax credit update: See if you qualify – Yahoo Finance

TheStreet’s Conway Gittens brings you the latest business headlines from the floor. new york stock exchange As the market closes for trading on Friday, May 3rd. Related articles: Today’s stock market: Apple steps up technology.Stock prices soar due to weak employment statistics Full video transcript below: Conway Gittens: Investors are looking forward to another big […]

Biden’s ‘Insane’ Electric Vehicle Rule Would ‘Kill Michigan’s Economy’

Former President Donald Trump spoke in Freeland, Michigan on Wednesday night, claiming that President Joe Biden’s electric vehicle (EV) regulations, if elected, would “destroy” Michigan’s economy and benefit China. , vowed to abolish it. President Trump said he would “stop Joe Biden’s radical plan to destroy Michigan’s economy by repealing insane mandates on electric vehicles.” […]

Hertz Shares Crash with Another Electric Vehicle Wreck

Shares of car rental giant Hertz plunged more than 20% on Thursday after the company reported huge losses related to investments in electric vehicles (EVs). Hertz has been struggling for months, focusing all its efforts on EVs. Hertz executives announced Thursday that the company’s first-quarter loss of $1.28 per share was many times larger than […]

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 […]