Tag: new
GM’s EV Production Retreat Leads To A $1.6 Billion Financial Hit
As widely reported today, GM announced in a public filing that it is taking on $1.6 billion in charges associated with scaling back US EV manufacturing capacity. The capacity reduction was justified in the filing because “the termination of certain consumer tax incentives for EV purchases and the reduction in … [continued]
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Oil’s Calm Before the Storm: Hidden Weaknesses, China’s Stockpiles and the Oil Demand Mirage
A year ago, I published an article on Peak Oil Demand and the impact EVs would have in the world’s most traded commodity. I thought a followup was worth it by now because some things have become clearer, but more importantly, because weird things have been happening in the world … [continued]
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TEST EV Building Confidence in Pre-Loved EV Purchases
As more and more battery electric vehicles (BEVs) reach their second (and even third) owners, buyers need and desire to have certified confidence in the most expensive and important part of the vehicle — the battery. The battery in an EV can cost up to one third of the price … [continued]
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Speculation Runs High About Toyota Corolla EV Ahead Of Japanese Mobility Show
Way back when, people used to go to auto shows. Remember when the Detroit Auto Show was a must for any self-respecting car company? If you don’t, we’re not surprised. It was eclipsed by the International Consumer Electronics Show in Las Vegas about the time the Tesla Model S first … [continued]
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Michiganâs bipartisan budget deal aims to âprotectâ Medicaid. Hereâs how
Michigan is seeking to avoid steep losses in federal funding for Medicaid by changing an insurance provider tax. Gov. Gretchen Whitmer says a new state budget will âprotect access to health care for millions.â…