Used Tesla Model 3 affordable price trends in 2024 are reshaping the electric vehicle market. As the cost of pre-owned Model 3s continues to drop, more buyers are finding these cutting-edge EVs within reach. This change is predicated on a bunch of factors, including increased supply, evolving consumer preferences, and the release of newer Tesla
LANSING — Governor Whitmer today announced Michigan will receive $18 million from the Department of Energy (DOE) to help small- and medium-sized automotive companies modernize their capabilities to manufacture electric vehicles. 1. Michigan Leads the Way in EV Supply Chain Development: Michigan's significant investment of over one-third of the $50 million grant program is a
BEIJING - China continues its unstoppable rise to leadership in sustainable mobility, once they have managed to corner the market for cheap solar panels (and not perovskite ones, but silicon ones). The key now lies in the only fuel they have yet to develop, the same one that is strengthening Japan’s industry and that is making us cooperate
Electric mobility has been relegated to the background with the emergence of new zero-emission and alternative fuels. One of the latest developments, however, has had unexpected results: China has just beaten its own EVs with a technology that Japan and Germany are disputing, and which Elon Musk wants nothing to do with. Do you know what it
As the automotive industry continues to search for a practical and feasible electric car that can rival the fossil fuel car, liquid nitrogen cars have become an option. While there is much talk of electric and hydrogen vehicles, liquid nitrogen has its own advantages that can revolutionize the transport industry. The prospects of liquid nitrogen
NEW YORK - Back in February, used electric vehicle prices dipped below used gasoline-powered vehicle prices for the first time ever, and the pricing cliff keeps getting steeper as car buyers reject any “premium” tag formerly associated with EVs. The decline has been dramatic over the past year. In June 2023, average used EV prices were
If you run a business, there are going to be various things you need to buy - even the simplest business still needs some equipment, even if it’s just a laptop and a website, for example. And for those businesses that need a little more (or a lot more, come to that!), it’s wise to
DETROIT - General Motors is pulling back its electric vehicle production target this year and adjusting the timing on its profit targets because demand for EVs is not growing at the pace initially expected. GM CFO Paul Jacobson said Tuesday that GM would trim its targeted production of its new EVs in 2024 from between
DETROIT - Ford Motor Co. and General Motors' chiefs on Thursday offered clashing perspectives on the importance of hybrid vehicles to their long-term strategic outlooks. Ford CEO Jim Farley wants the industry to stop viewing hybrid vehicles as only an interim solution to be used until drivers are comfortable going fully electric, while GM CEO Mary Barra does not
GREEN TOWNSHIP — A judge has ordered a Michigan community to stop blocking efforts to bring a major electric vehicle battery business to a rural region. Gotion, a China-based manufacturer, was granted a preliminary injunction Friday after arguing that Mecosta County's Green Township has refused to stick to an agreement made by elected officials who were
