electric vehicle
Investors Ditch EV Charging Companies Amid Profit Concerns | Giga Gears
Right now, the reality for electric vehicles is pretty grim. People are buying EVs, but the growth in sales is cooling. That’s having a ripple effect, from rising EV inventory at dealers to automakers rethinking their EV investments and production plans. Even EV charging companies are taking a hit.
Americans Drive Less, Yet Purchase More Cars | Giga Gears
When the world shut down in early 2020, the whole idea of “driving a car” ground to a halt for a lot of people. All those hours that would’ve been spent commuting, stuck in traffic, were now spent at home nurturing sourdough starter. But while the amount Americans drive has yet to reach the heights of 2019 — the…
Tesla Cybertruck Deliveries Delayed Due to Battery Production Issues
Good morning! It’s Thursday, December 21, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.
“Costco Offers Discounted Chevy Blazer EV Alongside Rotisserie Chicken | Giga Gears”
Costco knows that you keep coming back for the rotisserie chicken and Kirkland brand, but you can now also buy a cheaper 2024 Chevy Blazer EV at your local warehouse. Chevy notified its dealers that Costco members are eligible for a $1,000 rebate on the Blazer EV through January 2, according to Cars Direct.
Canada’s 2035 Zero Emissions Mandate for New Cars
Just over 10 percent of Canadian new car buyers this year chose to buy a battery electric or plug-in hybrid electric vehicle. According to CTV, the exact number is 10.3 percent. The Canadian market is relatively small, as the massive frigid country is expected to purchase around 1.63 million new cars, trucks, and SUVs…