President Biden is laying down the law for EVs
President Biden wants 50% of new cars on the road to be electric by 2030.
Digits: Icelandic workers, an art critic’s epic smackdown, and Toyota’s tiny win
Plus: Video games are raking it in, and ‘Black Widow’ is selling tickets.
How will Big Auto’s EV push affect car dealers?
An EV future means less services revenue for auto dealers (and upfront costs to become green certified).
Digits: Electric pickups, a $260m ‘floating’ park, and a DVD SPAC
Plus: Hand sanitizer sales are down and work is killing people
All-electric pickups are almost here
Auto manufacturers are kicking their EV production into high gear.
Flying cars are coming…maybe
People have been talking about flying cars for over a century. SPACs may bring them to life.
The EV delivery market is charging up
Auto giants, hot startups, and local governments alike are planning all-electric van fleets.
People bought boats like crazy last year
Boat sales hit a 13-year high in 2020, thanks to younger first-time buyers.
WFH has caused a massive chip shortage. And it’s costing car companies billions.
The world needs more semiconductors. That’s a problem for the automotive industry, which may hold back 1m vehicles due to the shortage.
Tesla’s discounted insurance program drives into a few early potholes
Tesla rolled out a new type of insurance for its car owners, but things didn’t go as planned.
Ford’s secret fight for a pickup truck emoji
Ford has fought for years (behind the scenes) to add a pickup truck emoji to unicode -- and it finally paid off.
The mega-rich are buying ‘branded residences’ from Porsche and Bulgari
Porsche, Armani, and other luxury brands are selling real estate to vacationing consumers who are looking for convenience.
Ford plans to ride into the electric future in an F-150 that’s both fuel efficient and badass
Ford announced that it will launch electric versions of all its F-series trucks as a part of its push into the EV market.
Harley-Davidson debuted its first all-electric motorcycle as the electric hog market revs
Harley-Davidson released details on its new electric motorcycle, LiveWire, as the market for electric hogs picks up speed.
Across the globe, we can’t seem to agree on who self-driving cars should save in crashes
A new report from MIT researchers shows that different cultures have different ideas about how self-driving cars should work in fatal crashes.
Harley-Davidson’s profits get a boost from international sales, while US sales continue to spin out
Despite its worst quarterly sales plunge in 8 years, Harley Davidson has still figured out a way to boost profits.
Aston Martin’s London Stock Exchange debut was… not what James Bond was hoping for
Luxury car icon Aston Martin’s stock market debut floundered after performing 4% lower than its expected offering price. That said, the IPO still values the company at $5.6B.
Thanks to slipping sales, Ford is on a collision course with the investment junkyard
Ford slipped down an investment grade thanks to flagging global sales, and unless it makes “clear progress” a double downgrade is on the road ahead.
Carpool buddies: Toyota to invest $500m in Uber
Toyota invests $500m in Uber, as the two band together to work on autonomous vehicles.
Nikola v. Tesla: Musk’s company sued for $2B by hydrogen truck startup Nikola motors
Hydrogen-electric truck company Nikola Motors is suing Tesla for $2B, claiming their new truck causes “confusion in the market.”
Ford doubles its electric car investment to catch up with the competition
On Sunday, Ford said they plan to jump-start their electric vehicle spending, promising to shell out $11B, and have 40 electric vehicles in their lineup by 2022. It’s a massive increase from the $4.5B investment the company announced back in 2015, but with crosstown rival GM shooting to have 20 new electric vehicles by 2023, […]
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