Here are some markets, economy and stock predictions for 2024, including what would be a most unexpected outcome for the U.S. economy. First, a reminder: “The markets and the economy are not the same.” 1. AI continues to capture the world’s imagination: The biggest corporations start using artificial intelligence for real-world business purposes, including supply-chain management, distribution improvements …
With the Biden administration’s continued attempt to limit Chinese battery components in US electric vehicles, Tesla has now announced that two of its models won’t qualify for the full $7,500 federal tax credit as of January 1, 2024. As pointed out by our sister site TechCrunch, Tesla’s website currently has a top banner claiming that …
Toyota said Monday it plans to expand its European lineup of battery electric vehicles (BEVs) to six models by 2026. The automaker revealed two new concepts for its upcoming EV fleet, including a “close-to-production” Urban SUV and a Sport Crossover scheduled for a 2025 European launch. Toyota, which Reuters notes is the world’s largest automaker …
Japanese EV automaker HW Electro (HWE) says its delightfully boxy Puzzle will come to the US in 2025. More “kei van” than kei car, the electric vehicle has rooftop solar panels and equipment for commercial disaster relief (including a crowbar!). But it could be equally appealing for those wanting an EV with maxed-out charm and …
Tesla, which hosts 50,000+ supercharging stations for electric vehicles globally, is rolling out a new congestion fee system that the company hopes will free up charging traffic at its stations. Unlike idle fees, which will bill drivers on a per-minute basis when a car remains stationed at a charging point after it has already been …
Hyundai just announced that its forthcoming Ioniq 5 N electric vehicle will go on sale next March via approved retailers, in addition to officially unveiling the car to US-based consumers at AutoMobility LA. The Ioniq 5 N so it’s nice to have a definitive release date, despite the lack of pricing information. The Hyundai Ioniq …
After slogging through years of delays and redesigns, the Tesla Cybertruck can finally be seen on public roads this holiday season, the company announced. Deliveries of the long-awaited luxury EV SUV will begin to select customers starting November 30, before the vehicle enters full production next year at its Texas Gigafactory. Q3 Shareholder Update → …
The combustion engine is a marvel of engineering, but has also majorly contributed to air pollution. After all, there are over 1.4 billion combustion engine vehicles roaming the planet. That’s a whole lot of carbon monoxide, nitrogen oxide and hydrocarbons being released into the atmosphere. While we wait (and wait) for the some areas have …
Kia drivers that own electric vehicles 12,000 across the United States, Canada and Mexico. This is taking place, just as the company rolls out its , which we dubbed ” earlier this year. This move aligns with a broader industry trend of automakers collaborating with Tesla to enhance EV charging options. We have seen competitors …
Car dealers can give buyers an instant rebate for purchasing certain electric vehicles starting in January of 2024, according to new guidance released by the IRS. The memo says eligible vehicles may qualify for a tax credit of up to $7,500. However, the credit amount will depend on whether an EV and its buyer meet …