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EPA, NHTSA Submit Final Fuel Economy Proposals to Trump

EPA, NHTSA Submit Final Fuel Economy Proposals to Trump

The Trump administration inched closer to setting lower fuel economy and emissions rules that those mandated by the previous administration after the agencies reviewing the standards sent their final recommendations to the White House. The process has been ongoing for...
Big Payday May Be Coming for Elon Musk

Big Payday May Be Coming for Elon Musk

Tesla shares continue to set new records each day, the stock closing at $524.86 on Monday and surging to yet another record, nearly $540 in midday Tuesday trading. That’s certainly great news for Tesla investors, including CEO Elon Musk, who holds about 34 million...
VW Raises EV Sales Forecast to 1M Annually by 2023

VW Raises EV Sales Forecast to 1M Annually by 2023

The Volkswagen brand expects to be selling at least 1 million battery-electric vehicles, or BEVs, annually by 2023, the automaker says, moving that target up by a full two years. The announcement by the German automaker also anticipated reaching sales of 1.5 million...
Rally to Extend EV Tax Credits Appears to Fall Short

Rally to Extend EV Tax Credits Appears to Fall Short

One of the drivers of electric vehicle sales in the U.S. has been the $7,500 federal tax credit some buyers are eligible for when they buy a battery-electric vehicle; however, it appears a push to extend that credit will fall short. Automakers, especially General...
Former GM President Ammann Says Owning Cars is Outdated

Former GM President Ammann Says Owning Cars is Outdated

Only a few hours after General Motors Co. unveiled its next big thing, the 2021 Chevrolet Suburban and Chevrolet Tahoe, the executive responsible for one of GM’s most important subsidiaries, Cruise Automation, said in new uncertain terms old fashioned motoring is now...