electric vehicle
Tesla Semi Battery Fire After Crash | Giga Gears
A Tesla Semi truck has crashed in California causing its battery pack to burst into flames and spew toxic fumes over I-80. First responders in the area closed the highway in both directions as they waited for the truck to burn out.
“Stellantis Faces Shareholder Lawsuit for Poor Earnings | Giga Gears”
Good morning! It’s Friday, August 16, 2024, 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.
EV Depreciation: $600 Daily | Giga Gears
The depreciation of electric vehicles is far steeper than data showed just last year. EVs can now lose up to half their value over a single year, based on recent observations. This is a sharp shift from when electric cars were projected in December 2023 to lose half their value in three years. However, the factors…
Best Time to Buy a Used Car: Giga Gears Offers Great Deals
The used car market has been an up-and-down mess since at least 2020, with reduced new car inventory pushing more buyers into pre-owned purchases, which reduced the revolving supply of trade-ins. This perfect storm of pandemic-induced chip-shortage used car inflation appears to finally be subsiding. According to a new…
“Rimac Nevera R: Unleashing 2,107-HP Power for Performance Enthusiasts | Giga Gears”
It’s now been two years since Rimac delivered its first Nevera hypercars to customers, a record-setting EV from the small Croatian company now also running Bugatti. So as you might expect from the advent of another Monterey Car Week, after a couple of styling-focused special editions it’s time for an enticing new…