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Ford reported losing over $100,000 per electric vehicle sold in the first quarter of 2022, with its electric vehicle division posting a $1.3 billion loss. Electric vehicle sales volumes dropped 20% as Ford was forced to slash prices due to weak industry demand. “Americans don’t want EVs at levels Biden’s climate hysteria require,” businessman Andrew Puzder wrote on X. “Ford’s EV Q1 losses soared to $1.3 billion — a ridiculous $132,000 per EV sold. All Ford’s profits came from combustion engine vehicle sales. Collectivist policies destroy prosperity.” The company expects $5 billion in electric vehicle losses for the year, up...

A car thief behind the wheel of a Lamborghini in Los Angeles fled the police at more than 100 miles per hour and moments later crashed the vehicle, totaling it and getting thrown hundreds of feet from the wreck. He died at the scene. Thieves are not usually very smart and this guy was no exception. People who have never been behind the wheel of a vehicle like the Lamborghini have no idea how much power these cars have and how easily you can lose control. This man found out the hard way. This happened in April but the footage...

You might understand the shock that Hertz customer Joshua Lee felt when he saw the receipt for his rented Tesla Model 3. After returning the vehicle back to Hertz following a weekend vacation in Los Angeles, Lee noticed he was hit with additional charge of $277.39 on top of his initial reservation price. Why was he charged so much additional money? According to Hertz, that was the cost of refueling the electric Model 3. Unfortunately for Lee, the further he pried the company for information, the more Hertz doubled down, and the more confused he became.

Safety concerns around electric vehicles continue to mount with Australian fire and rescue services in New South Wales stating they might have to make a “tactical disengagement” of a trapped car accident victim if the battery is likely to explode. Australian journalist Jo Nova covered the story, which was first mentioned in the EV blog The Driven, and commented: “They say the first responders need more training as if this can be solved with a certificate, but the dark truth is they’re talking about training the firemen and the truck drivers to recognise when they have to abandon the rescue.”...

Converting America’s medium- and heavy-duty trucks to electric vehicles (EV) in accordance with goals from the Biden administration would add massive costs to commercial trucking, according to a new analysis released Wednesday. The cost to switch over to light-duty EVs like a transit van would equate to a 5% increase in costs per year while switching over medium- and heavy-duty trucks would add up to 114% in costs per year to already struggling businesses, according to a report from transportation and logistics company Ryder Systems. The Biden administration, in an effort to facilitate a transition to EVs, finalized new emission...

Shares of Rivian Automotive Inc. fell 4% in the extended session Tuesday after the EV maker posted mixed quarterly results, reporting a wider-than-expected loss but revenue above Wall Street’s expectations. Rivian RIVN lost $1.45 billion, or $1.48 a share, in the first quarter, compared with a loss of $1.35 billion, or $1.45 a share, in the year-ago quarter.

Elon Musk’s Tesla, the leading electric vehicle manufacturer, has slashed even more workers from the payroll following weeks of massive layoffs, leaving employees on edge and seeking closure. Business Insider reports that Tesla has been conducting a series of layoffs over the past four weeks. The latest round of cuts, which took place on Sunday night, has left employees uncertain about their future with the company. According to Business Insider, four workers reported that their managers notified them of additional cuts to their teams on Monday morning, while several Tesla workers took to LinkedIn to share their experiences of receiving...

A new type of hybrid sodium-ion battery that offers both high capacity and rapid-charging capabilities could power mobile devices, electric vehicles and space tech. Researchers have developed a new coin-type sodium-based battery that can charge rapidly “in seconds” and could potentially power everything from smartphones to electric vehicles (EVs) in the future. By combining anode materials used in conventional batteries with cathodes from supercapacitors — batteries that can store and deliver energy at very high rates –– the scientists created a new type of sodium-ion battery that offers both high capacity and rapid-charging capabilities. They were looking for a way...

New technologies that will make monitoring drivers' behavior easy and comprehensive … will soon also be mandatory.H.R. 3684, an “infrastructure” bill signed by Joe Biden in 2021 included a provision mandating expanded monitoring of folks as they drive an automobile. And henceforth the intrusive technologies will be required in all new vehicles being manufactured and sold in the U.S.New vehicles will be required to have passive monitoring systems to assess each driver’s behavior. An algorithm will determine if the driver is too impaired to operate the vehicle. If so, the vehicle will either be disabled, or some as yet unexplained...

At $1.5 million per job, this new incentive package from the state is at least 15 times the norm. For this much money, the state could have just handed out a million bucks to 827 people, instead of creating 550 jobs.Gov. JB Pritzker announced Thursday that the State of Illinois will provide an $827 million incentive package for Rivian to invest $1.5 billion to expand its electric vehicle factory in Normal, Illinois. The expansion is expected to create at least 550 full-time jobs within the next five years, and will build Rivian’s next model EV, the R2. Rivian initially got...

Here at Jalopnik, we know there’s nothing wrong with keeping a beloved old beater running for mile after mile, and we regularly celebrate high mileage heroes. Now, it turns out the rest of America is catching onto this way of thinking as the savings of holding onto an old car for longer begin mounting up. Drivers across the country are increasingly holding onto their cars for longer than ever, with an increasing number hitting more than 100,000 miles in their cars, according to a new report from the Wall Street Journal. The trend comes as drivers realize the savings to...

The Biden administration hasn’t hesitated to rule by fiat, especially when it comes to environmental regulations. Separation of powers? Who cares? Why worry about constitutional processes when you can ramrod your agenda through the bureaucracy? Congressional Republicans are taking on the Environmental Protection Agency’s latest rule that seeks to govern greenhouse gas emissions for heavy-duty trucks. The rule is set to take effect on June 21. Sen. Dan Sullivan (R-Alaska) and Rep. Russ Fulcher (R-Idaho) introduced a resolution in their respective chambers on Wednesday that would invoke the Congressional Review Act (CRA) to allow Congress to vote to nullify the...

NORMAL, Ill.--(BUSINESS WIRE)--Rivian Automotive, Inc. (NASDAQ: RIVN) announced today it has received an $827M incentive package from the State of Illinois Department of Commerce & Economic Opportunity, which will allow the company to expand operations at its plant in Normal, IL. The funds from the incentive package will go towards expansion of the plant, improvements in public infrastructure and job training programs for Rivian’s workforce, leading up to the company’s production of its midsized SUV, R2. Rivian will be participating in several city improvement projects to demonstrate its ongoing commitment to investing in the Illinois economy and community.

Ford, Chevy, and other major new entrants into the (formerly) lucrative electric vehicle business have — or perhaps had — a secret weapon in their arsenal for making EVs more attractive to buyers.If you want to know what that secret weapon is, I can tell you with just one word: Tesla.The Austin-based EV maker was first and fastest in building out the charging infrastructure necessary to make EVs anything more than urban curiosities. Tesla has more than 6,000 Supercharger stations with nearly 55,000 chargers in the U.S. alone, and exclusive access to them was one of the perks of owning...

Money Mail can today reveal a timebomb looming in the second-hand market for electric vehicles (EVs). Our investigation found that many EVs could become almost impossible to resell because of their limited battery life. Experts said that the average EV battery guarantee lasts just eight years. After this time, the battery may lose power more quickly and so reduce mileage between charges. Many EVs will lose up to 12 per cent of their charge capacity by six years. Some may lose even more. Yet the cost of replacing an EV battery is astonishingly high, our research found. In some cases,...

One strategy for state officials looking to transition Washington’s transportation sector to electric vehicles is by subsidizing them with taxpayer dollars.This week, Gov. Jay Inslee announced $45 million in subsidies through a Department of Commerce grant program for families deemed “low-income” to purchase an EV. “Washingtonians really get it when it comes to electric vehicles,” Inslee said at a Wednesday news conference in Tukwila.The program provides up to $9,000 for families to lease an EV, or $5,000 to purchase one. The grant program allows them to purchase either new or used EVs. The funding would be available to those who...

DETROIT – Two fatal crashes involving Ford's Blue Cruise partially automated driving system have drawn the attention of U.S. auto safety regulators. The National Highway Traffic Safety Administration has opened an investigation of the crashes, both involving Mustang Mach-E electric vehicles on freeways in nighttime lighting conditions, the agency said in documents Monday. The agency's initial investigation of the crashes, which killed three people, determined that Blue Cruise was in use just before the collisions. One of the crashes occurred in February in San Antonio, Texas, killing one person, while the other happened in Philadelphia in March in which two...

Cars will beep, vibrate or slow down if drivers are speeding under new mandatory safety technology which comes into effect this summer. From July 6, new vehicles sold in the European Union and Northern Ireland will be fitted with intelligent speed assistance (ISA) to prevent accidents. Although the UK has opted out, meaning it will not be a requirement on British roads, the technology will still be installed in most cars, and drivers can choose to switch it off on a daily basis. Steve Gooding, director of the RAC Foundation, an independent research organisation, told the Sunday Times: “I think...

Tesla has certainly seen better days. In 2023, Tesla sold 55% of the EVs in America, far ahead of the second-place EV seller, Ford, which sold 6% of the total EVs sold. This makes Tesla a barometer by which much of the entire market can be measured. Experts say that some of Tesla's difficulties are a result of how Tesla is run, but some of the problems are systemic to the industry as a whole. Drop in Income, Stock clawing its way backOn Tuesday, Tesla reported a 9% drop in revenue in the first quarter, which was the largest drop...

A mechanical engineer with a zeal for quality, Petersen was only the second person outside the founding Ford family to lead the automaker. Donald Petersen, a former chairman and CEO of Ford Motor Co. whose focus on quality, unbridled product design and a collaborative workplace helped the company recover and prosper during the mid- to late 1980s, has died. He was 97.