GMC Raises The Price Of The Hummer EV

GMC Raises The Price Of The Hummer EV

2024 GMC Hummer EVImage: GMC Friday, June 17th is a big deadline if you’re interested in reserving a GMC Hummer EV. It’s being reported that any reservations for the Hummer EV placed after June 17th, 2022 will see a price increase of over $6,000 on all versions of the massive car. GMC seemed to try … Read more

GM Plans To Return To Europe With Hummer And Cadillac EVs

GM Plans To Return To Europe With Hummer And Cadillac EVs

Image: GMC General Motors is thinking of returning to Europe — and as Bloomberg reports, the company is thinking of making a comeback starting with the huge GMC Hummer EV along with other EV models. The Hummer might pose a problem for European drivers, though: Most of them wont be able to drive it without … Read more

GM’s stock closes below IPO price for first time since October 2020

GM’s stock closes below IPO price for first time since October 2020

Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images DETROIT – Shares of General Motors on Monday closed below the post-bankrupt automaker’s $33 initial public offering price for the first … Read more

Astra’s stock drops after rocket failed to deliver NASA mission to orbit

Astra’s stock drops after rocket failed to deliver NASA mission to orbit

The company’s LV0010 rocket stands on the launchpad at Florida’s Cape Canaveral ahead of the NASA TROPICS-1 mission. astra Shares of rocket-builder Astra fell sharply in trading on Monday after a weekend launch carrying NASA satellites failed to reach orbit. Astra’s rocket LV0010 took off on Sunday from launch complex 46 at Cape Canaveral in … Read more

EV start-up Electric Last Mile Solutions to declare bankruptcy

EV start-up Electric Last Mile Solutions to declare bankruptcy

The ELMS Urban Delivery, anticipated to launch later this year, is expected to be the first Class 1 commercial electric vehicle available in the US market and will be produced at the Company’s facility in Mishawaka, Indiana. Electric Last Mile Solutions EV start-up Electric Last Mile Solutions said late Sunday it plans to file for … Read more

Shares of China EV maker BYD jump after exec announces Tesla battery deal

Shares of China EV maker BYD jump after exec announces Tesla battery deal

This photo from Dec. 2019 shows robotic arms spray painting a car body shell at the BYD Automobile Company Limited Xi’an plant. BYD is set to supply Tesla with batteries “very soon,” a senior company executive told a Chinese state media anchor. Yuan Jingzhi | Visual China Group | Getty Images Shares of electric vehicle … Read more

Teslas Brake for No Reason. It’s Not Autopilot’s Problem Only

Teslas Brake for No Reason.  It’s Not Autopilot’s Problem Only

An aerial view of Teslas parked at the company’s Fremont, CA facilityPhoto: justin sullivan (Getty Images) The National Highway Traffic Safety Administration (NHTSA) has released a damning report on Tesla’s Level 2 driver assist systems, called Autopilot and Full Self-Driving. Over 750 Tesla owners have reported their vehicles have mysteriously stopped on roads for no … Read more

Nio May 2022 sales constrained by Covid; XPeng, Li Auto gain ground

Nio May 2022 sales constrained by Covid;  XPeng, Li Auto gain ground

Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio Chinese electric vehicle maker Nio delivered more than 7,000 vehicles in May, up 4.7% from a year ago but well below its current production capacity, as Covid-related disruptions continued to limit the company’s manufacturing and its ability to … Read more

Lucid, Nikola, Fisker report as Wall Street eyes production

Lucid, Nikola, Fisker report as Wall Street eyes production

Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021. andrew kelly | Reuters Investors holding beaten-up electric vehicle stocks are bracing for first-quarter … Read more

Competitive contracts are making space exploration cheaper

Competitive contracts are making space exploration cheaper

The Artemis 1 Space Launch System (SLS) rocket Frank Michaux/NASA The head of the National Aeronautics and Space Administration on Tuesday discussed a dramatic shift in how the agency plans to issue contracts for its space exploration programs, citing success with cost-saving competitive bids. NASA administrator Bill Nelson, testifying before a Senate subcommittee on the … Read more