Key Points 📈 General Motors (GM) surpassed analyst expectations for Q3 with an adjusted EPS of $2.28, higher than the expected $1.88. 💰 The company reported $44.13 billion in revenue for the quarter, exceeding the anticipated $43.68 billion. 🚗 GM emphasized its profitability in all regions, including China, and expressed plans to maintain higher EBIT-adjusted…
Key Points 🚗 The California DMV has suspended Cruise’s self-driving taxis in San Francisco after a pedestrian was hit by one of the company’s vehicles. 🛑 The suspension is immediate, and there is no set timeline for the decision. 🚦 Cruise can still test its self-driving vehicles with a safety driver for free or paid…
Key Points 🚗 Tesla plans to expand its Gigafactory in Grünheide, Germany, starting in the first half of 2024. 💧 The expansion will include modernizing the existing facility, constructing a water recycling plant, adding a second production facility, and a battery recycling plant in the following years. 🗣 The expansion plans were discussed in a…
Tesla China may still be allocating a significant portion of its resources to vehicle exports for now, but the company’s domestic sales already seem to be rising. In the week ending October 22, Tesla China saw 8,100 insurance registrations, an 8% increase from the 7,500 registrations that were observed in the previous week. Tesla China does…
Stellantis recently revealed its new lineup of electric and new energy commercial vehicles, including the Ram ProMaster EV van and the RAM 1500 REV pickup truck. “The Ram brand commercial vehicle product lineup will be reinvigorated in North America with the upcoming electrified van and pickups, including the Ram ProMaster EV by the end of…
Tesla Model 3 Highland units arrived in Dubai recently, and deliveries are expected to start this week. The Tesla Model 3 Highland was officially presented in Dubai showrooms over the weekend in Dubai. Tesla fan Esther Kokkelmans reported that all Tesla locations in the United Arab Emirates (UAE) now have Model 3 refresh units. A Tesla Model 3…
The state of Texas is now offering rebates on select electric vehicle (EV) purchases including some Tesla models, as made available through a limited-time grant program. The news was spotted on Monday by X user Anuarbek Imanbaev, who pointed out that the Texas Commission on Environmental Quality website details the Grants for Alternative Fuel Vehicles and Conversion Systems program,…
Colorado has voted to approve a new standard on the adoption of electric vehicles (EVs), with an additional goal set for 2032 and new guidance for increasing EV sales beginning in 2027. The Colorado Air Quality Control Commission adopted the Colorado Clean Cars standard on Friday, directing manufacturers to make 82 percent of all light-duty…
The Tesla Cybertruck was spotted at one of the automaker’s new, high-speed V4 Superchargers, which have been popping up across the country as the Cybertruck heads toward first deliveries. As the Cybertruck has been making its rounds for the better part of 2023, Tesla is preparing for first deliveries at the November 30 Cybertruck Delivery…
Key Points 💰 Some GM dealers are marking up the price of the Chevy Blazer EV by up to $10,000. 🚗 Despite being a new electric crossover, the Blazer EV’s price, with markups, is approaching that of a Tesla Model X. 💲 These extensive markups may make the Blazer EV more expensive than the Cadillac…