Used car retailer CarMax just released its latest used EV sales data, and while the leaders are the same, their prices aren’t.
The used EVs people are buying
The top three most popular EVs at CarMax are the Tesla Model 3, Tesla Model Y, and the Nissan LEAF, according to the Spring 2024 CarMax Electric Vehicle Consumer Report, which draws from sales data between September 1, 2023, and February…
Tesla asks shareholders to move to Texas and re-pass Elon Musk's massive compensation plan
April 18, 2024
Tesla has filed a proxy with shareholders to ask them to vote for the company to move its state of incorporation to Texas and re-pass Elon Musk’s 2018 CEO massive compensation plan that was rescinded by a Delaware judge earlier this year.
In January, a judge sided with…
With Gogoro already surpassing one million swappable EV batteries in circulation, the company’s energy network has become something of a de facto standard in swappable batteries for e-motorcycles and scooters and scooters. Now, the company is announcing the next phase of…
BMW just applied rebates to all its EVs in April
April 18, 2024
BMW’s 2024 EVs now have rebates ranging from $5,000 to $7,500 through April in the US – here’s how it breaks down. All 2024 BMW i4 and i5 EV sedans feature a $5,000 rebate through April 30, reports CarsDirect. Both the 2024 BMW i7 sedan and iX SUV have a $7,500 purchase incentive.
You get the purchase incentive either from a loan credit if you finance your purchase through BMW Financial…
Ford’s BlueCruise hands-free driver assist under investigation after two fatal crashes
April 16, 2024
The National Transportation Safety Board is investigating two fatal crashes involving two separate Ford Mustang Mach-Es crashing into stationary vehicles, where three people have died. In at least one of the crashes, Ford’s BlueCruise hands-free driver-assist system was…
Maserati's Folgore Day event showcases its commitment to electrification, just not 100%
April 16, 2024
To celebrate over 100 years in business while looking ahead to another century filled with electrification, Maserati held a “Folgore Day” event in Italy. At this event, it showcased its lineup of BEVs, including the GranTurismo Folgore and Grecale Folgore SUV, ahead of…
Tesla lays off 'more than 10%' of its global workforce
April 16, 2024
Tesla has announced layoffs of “more than 10%” of its global workforce in an internal company-wide email. We exclusively reported yesterday that Tesla was prepping a massive layoff.
For the last few months, it has looked like Tesla might be preparing for a round of layoffs. Tesla told managers to identify critical team members, and paused some stock rewards while canceling some employees’…
Tesla announced to Gigafactory Texas employees that it will shorten Cybertruck production shift amid rumors that it is preparing a round of layoffs.
We received several reports today from Tesla employees hearing rumors of an important round of layoffs happening this week at…
The electrification of the commercial job site continues with news that the first Volvo L25 Electric wheel loader has been delivered to a customer in Australia!
The first Volvo L25 Electric wheel loader in Australia was delivered to Allworks WA Pty Ltd, and the company’s…
Illinois Environmental Protection Agency Director John J. Kim has announced plans to spend more than $25 million on new EV charging infrastructure under the Driving a Cleaner Illinois program.
That $25.1 million of Illinois EPA money ($25,152,259.44, to be exact) is being awarded to 20 applicants, and will eventually fund 643 new Direct Current Fast Charging (DCFC) ports at 141 locations…
