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General Motors To Start Making Profit From Their Electric Vehicles
Commercial EV, Electric Car, Electric Fleet October 22, 2024 Autojosh Comments: 0

General Motors To Start Making Profit From Their Electric Vehicles

General Motors (GM) CEO Mary Barra confirmed in an interview with The New York Times that the company will start making a profit on its electric vehicles by the end of this year. Namely, Tesla is currently leading the electric vehicle market in the US, making a profit as early as 2021. Ford, otherwise the second-largest EV maker in the US, posted losses of more than $1 billion in the first two quarters of this year on its Model e line of EVs. Other manufacturers that exclusively deal with EVs,...
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SA AUTO WEEK: Ramaphosa hints at tax rebates, subsidies and incentives for electric vehicle production in SA
Commercial EV, Electric Car, Electric Fleet October 20, 2024 Elida Wrona Comments: 0

SA AUTO WEEK: Ramaphosa hints at tax rebates, subsidies and incentives for electric vehicle production in SA

Naamsa | the Automotive Business Council and car manufacturers have welcomed President Cyril Ramaphosa’s comments on positioning South Africa as a leading electrical vehicle manufacturing hub.  On Thursday, Ramaphosa addressed the SA Auto Week in Cape Town, where he acknowledged the sector’s contribution to the economy and the challenges it faced.  The President said the government plans to incentivise new energy vehicle production in South Africa to make them more affordable, but offered...
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NADDC Presents Electric Vehicle To Winner Of CNG Hybrid Design Competition
Commercial EV, Electric Car, Electric Fleet October 14, 2024 Obafemee80 Comments: 0

NADDC Presents Electric Vehicle To Winner Of CNG Hybrid Design Competition

NADDC presents Electric Vehicle (EV) to the winner of the Compressed Natural Gas (CNG) Hybrid Design Competition. Presentation of the EV donated by CIG Motors Nigeria was held at the NADDC Headquarters in Abuja on Monday 14th October. During the presentation ceremony, NADDC boss, emphasized the importance of designing vehicles suitable for Nigerian roads. The National Automotive Design and Development Council (NADDC) has officially handed over 2023 Wuling EV donated by CIG Motors Nigeria to Mr....
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Four ‘Burnt Beyond Recognition’ in Fatal No-Witnesses Electric Vehicle Crash in France
Commercial EV, Electric Car, Electric Fleet October 14, 2024 Laine Geddes Comments: 0

Four ‘Burnt Beyond Recognition’ in Fatal No-Witnesses Electric Vehicle Crash in France

PARIS (AP) – Four people have died in a car crash in France after their Tesla vehicle reportedly hit a road sign and caught fire, police said Monday. A local police spokesman, Lt. Eric Hoarau, said the exact circumstances of the crash Saturday night near the city of Niort were still to be determined and an investigation was underway. “Everything suggests (the vehicle) came off the road,” Hoarau said, citing marks on the ground and a severed road sign. There were no witnesses, he said, maki...
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Revealed! Innoson CEO speaks on releasing electric vehicle in Nigerian market
Commercial EV, Electric Car, Electric Fleet October 13, 2024 Marquis Grisby Comments: 0

Revealed! Innoson CEO speaks on releasing electric vehicle in Nigerian market

Innoson CEO said that more Nigerians are buying electric cars because petrol prices are so high He stated in an interview that the growing interest has motivated him to produce electric automobiles locally He claimed that the current status of the economy affects every person in the country Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market. Many Nigerians are purchasing electric vehicles as a result of the high cost of fuel, Innoso...
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2 Top Electric Vehicle (EV) Stocks to Buy in October
Commercial EV, Electric Car, Electric Fleet October 13, 2024 The Motley Fool Comments: 0

2 Top Electric Vehicle (EV) Stocks to Buy in October

Want to add massive long-term growth potential to your portfolio? Check out electric car stocks. Many EV makers have seen their sales skyrocket in recent years. Yet their stock prices haven’t always followed suit, creating several compelling buying opportunities over the years. This month looks like an especially great time to jump in. If you want to buy into the world’s adoption of EVs — a story that is truly a multi-decade growth opportunity — then these two stocks are...
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Megacasting and More: How Honda Will Reduce the Cost of Electric Vehicles
Commercial EV, Electric Car, Electric Fleet October 9, 2024 Tyisha Buresh Comments: 0

Megacasting and More: How Honda Will Reduce the Cost of Electric Vehicles

Gigapresses are all the rage for automakers looking to reduce cost and complexity by replacing hundreds of parts with a single massive piece. Tesla made headlines as CEO Elon Musk sang its competitive virtues. Others, including Volvo, Toyota, Hyundai, Ford, and Nissan are using or exploring the use of the massive high-pressure casting machines that use as much as 10,000 tons of pressure to form large parts.  Honda is carving its own path by foregoing the idea of a gigapress, opting instead for...
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Commercial EV, Electric Car, Electric Fleet October 9, 2024 Tyisha Pingree Comments: 0

Ford Power Promise Gives Electric Vehicle Customers New Confidence

Press releases Consumer goods Ford Ford – Wednesday, October 9, 2024. Ford believes it will take more than jumbo rebates to truly break through with the estimated 19 million people in the U.S. interested in electric vehicles. It will take convenience, peace of mind, and expert service. Continue reading at the original source >> About Ford Ford Motor Company designs, develops, manufactures, and services cars and trucks worldwide. It operates in two sectors, Automotive and Financial Services...
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Electric Vehicles: The EU takes on China (Nervously)
Commercial EV, Electric Car, Electric Fleet October 8, 2024 Georgianna Paris Comments: 0

Electric Vehicles: The EU takes on China (Nervously)

Electric Vehicles: The EU takes on China (Nervously) | National Review Read More...
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Ceer Partners with EVIQ to Support Saudi Electric Vehicles Sector
Commercial EV, Electric Car, Electric Fleet October 6, 2024 Esraa Elsheikh Comments: 0

Ceer Partners with EVIQ to Support Saudi Electric Vehicles Sector

Ceer Partners EVIQ to Support Saudi Electric Vehicles Sector Ceer has signed a memorandum of understanding with Electric Vehicle Infrastructure Company EVIQ to boost the electric vehicle ecosystem in Saudi Arabia. According to the Saudi Press Agency (SPA), the new deal will provide a reliable charging infrastructure and innovative solutions for EV drivers. Ceer CEO Jim DeLuca underscored Ceer’s commitment to ensuring an extraordinary experience for electric vehicle owners in the Kingdom. “We...
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