Lawmakers in Washington, D.C. are reportedly set to investigate Ford’s partnership with Chinese battery company CATL. According to Reuters, two separate House of Representatives committees will be looking into the $3.5 billion deal Ford made to build a battery plant in Michigan using technology from CATL. The Ford Explorer Goes All-Electric, But Not For America […]
New Jersey To Sue To Stop New York City Congestion Pricing
Photo: Aristide Economopoulos/Bloomberg (Getty Images) The Metropolitan Transit Authority (MTA), New York City’s public transit agency is expected to implement a controversial congestion price zone in Manhattan by spring next year. The toll’s primary goal is to reduce traffic and encourage commuters to use public transit. Now, a lawsuit by New Jersey’s government might delay […]
Flex-Fuel Ethanol AKA Sugar-Cane Cars Are Beating EVs in Brazil
Politicians, Big Ag, and major automakers like Toyota and Volkswagen are all conspiring in Brazil to maintain ethanol’s lead at the expense of EVs. Brazil’s flexible-fuel cars, which can run on a mix of ethanol and gasoline, have long been the most popular vehicles on the market, but these “sugar-cane cars” are threatening the adoption […]
More Buyers in the U.S. Can’t Get A Car Loan Now
After all the supply chain constraints of the last few years, supply of new and used cars is finally stabilizing at dealers. Prices are also reportedly leveling off, but, now, people are struggling to get car loans in the wake of historic loan delinquency and default rates, as USA Today reports. Fewer New-Car Leases Means […]
Terrible Sales Won’t Stop VinFast From Building U.S. Factory
VinFast is going through it right now. Data shows that the Vietnamese electric vehicle maker has been able to shift just 128 of its ill-received EV crossovers in the first five months it has been on sale in the U.S. Still, according to Bloomberg, the company is planning to being construction of its own factory in […]
BMW Reported To Cops Over ‘World’s Most Sustainable Car Producer’
A consumer authority in Denmark has reported BMW, the German car manufacturer, to the police, according to Reuters, for a marketing campaign in which BMW called itself “the world’s most sustainable car producer,” which the consumer authority says is misleading, probably because BMW may not be the world’s most sustainable car producer. It’s So Long […]
E-Bike Maker VanMoof May Not Be Long For This World
Photo: Peter Dejong (AP) Dutch electric bicycle maker VanMoof has reportedly declared bankruptcy, and now its administrators are trying to figure out whether it can sell assets and restructure to save the company. According to Reuters, the company, which raised 100 million euros (about $112 million) to expand internationally as sales boomed during the pandemic, […]
Nissan Recalls 1.4M Vehicles For Unintentional Acceleration
Photo: Nissan Nissan has reportedly issued a global recall of about 1.38 million vehicles including the Note, Kicks, Serena and Leaf. According to Bloomberg, the recall will impact vehicles in the U.S., Europe and Japan, and it covers a number of issues including cars that can suddenly accelerate when cruise control is turned off and […]
How The Self-Driving Car Dream Became An Absolute Nightmare
It can be tough to keep up on the myriad of messed-up decisions and scandals in just the automotive industry alone, but a story from the New Republic manages to connect everything together and boy, is it a tough look at our collective predicament. Tesla Investor Day 2023 Was Pretty Great if You Ignored Elon […]
Millennials, Gen Z Can’t Afford Auto Loans And It’s Getting Worse
Photo: Carlos Osorio (AP) It’ll come as a surprise to no one, but Gen Z and Millennial car buyers are falling really far behind on their car payments. In fact, it’s happening at rates we haven’t seen since the financial crisis of 2008 and 2009, according to Automotive News. The problem is only going to […]