Electric cars

CLAIM: President Joe Biden claimed the “Inflation Reduction Act,” signed into law on Tuesday, gives tax credits to American consumers for electric vehicles “if those vehicles were made in America.” VERDICT: False. The Inflation Reduction Act does provide tax credits for electric vehicles made in America — but also for those made in Mexico and Canada as well. As Biden signed the Inflation Reduction Act, he gave remarks on the legislation that is set to spend nearly $740 billion, mostly on green energy projects. In those remarks, Biden suggested that the provision for electric vehicle tax credits is only for vehicles made in the United States. “[The Inflation Reduction Act] … gives consumers a tax credit to buy electric vehicles … new or used, and it gives them a tax credit of up to $7,500 if those vehicles were made in America,” Biden said. “American auto companies, along with American labor, are committing their treasure and their talent, billions of dollars to make electric … [Read more...] about Fact Check: Joe Biden Falsely Claims ‘Inflation Reduction Act’ Does Not Subsidize Foreign-Made Electric Cars

German auto major Volkswagen group has started testing some electric vehicles from the SKODA brand in India as it evaluates the products to be brought to the country for electromobility targetting mass segment, according to a senior company official. The group, which has given the responsibility of leading its growth in India to SKODA AUTO, will also continue to focus on internal combustion engine (ICE) vehicles as it feels that bringing EVs at a large scale will depend on the ecosystem and infrastructure development in the country, SKODA AUTO Volkswagen India Managing Director Piyush Arora said. “We recognise that there is demand in India for electric vehicles, so we have already launched Porsche Taycan and the Audi e-Tron which are doing extremely well in the Indian market,” he told. Also Read: Global Vehicle Sales: Hyundai Ranks 3rd in 1st half of 2022 Read the Latest News and Breaking News here … [Read more...] about Volkswagen Group Testing Electric Vehicles Under Skoda for India Market

Dodge is dipping back into the electrification waters with its new hybrid, the second the company has produced (the first was the 2009 Durango). The addition to the "Brotherhood of Muscle" lands in the hot compact crossover segment using another classic name: Dodge Hornet. The 2023 Dodge Hornet uses the same platform as the also-Stellantis-owned Alfa Romeo Tonale, but with a ton of Dodge DNA injected from looks to powertrain. It won't sport the company's traditional crosshair grille like the decade-old concept of the same name. The Hornet name started with the Hudson Hornet in the 1940s. When Hudson was swallowed by American Motor Corporation it became the compact AMC Hornet. AMC was then folded into by Chrysler, giving the company, now owned by Stellantis, access to the nameplate. "This is the hottest segment in the industry. This is a million-unit segment, and in the next five years it is going to grow almost 50 percent," Tim Kuniskis, Dodge CEO said at an event at the … [Read more...] about Dodge revives Hornet name for electrified crossover ‘muscle car’

BERLIN (AP) – Police in Germany said Tuesday that one person has died and nine were seriously injured after a self-driving test car veered into oncoming traffic, triggering a series of collisions involving four vehicles Monday afternoon. A spokesman for police in the southwestern town of Reutlingen said the electric BMW iX with five people on board, including a young child, swerved out of its lane at a bend in the road and into incoming traffic, brushing an oncoming Citroen. The BMW then hit a Mercedes-Benz van head-on, resulting in the death of a 33-year-old passenger in that vehicle. Meanwhile, the 70-year-old driver of the Citroen lost control of her car and crashed into another vehicle with two people on board, pushing it off the road and causing it to burst into flames. B28 im Kreis Reutlingen: Ein Toter und neun Schwerverletzte bei Unfall mit autonomem Fahrzeug https://t.co/QAjozBx54V pic.twitter.com/St94xisnAt — SPIEGEL 24 Stunden (@SPIEGEL_24) August 16, 2022 … [Read more...] about One Dead, Nine Injured After Self-Driving Car Veers Into Traffic: Germany

"We are here to help you make a good, smart car buying decision.  If you're thinking about doing something, there is a lot going on in the auto industry with the shortages of new cars and some vehicles are still very hard to come by and they're bringing premium money as you might suspect. But if you've got a trade-in, trade-in values are still very high, however, I am seeing movement downward in pricing at the auction, I've seen it now for three weeks in a row... so if you're on the fence and you've got a trade-in, I would consider doing something now." - Jerry Reynolds, host of the CarPro Show Listen to Saturday's CarPro Show Podcast If you were hoping new vehicle prices would dip in July,  they did just the opposite, topping June's record, according to Kelley Blue Book data. KBB reports that the average price paid for a new vehicle in the U.S. last month increased to $48,182.  That tops the average new vehicle average transaction price of  $48,043 set in … [Read more...] about Average New Car Prices In July Over $48,000

NEW You can now listen to Fox News articles! Leonardo DiCaprio used his Oscar acceptance speech on Sunday to deliver a message about the perils of global warming. But the A-list actor, who flies private jets, rents out entire yachts, and maintains multiple multimillion dollar residences, has a carbon footprint that’s likely among the biggest in the world. “Making ‘The Revenant’ was about man's relationship to the natural world. A world that we collectively felt in 2015 as the hottest year in recorded history,” DiCaprio said at the Academy Awards. “Our production needed to move to the southern tip of this planet just to be able to find snow. Climate change is real, it is happening right now. It is the most urgent threat facing our entire species, and we need to work collectively together and stop procrastinating.” But experts point out that a big part of reducing one’s carbon footprint is to stop buying so many expensive, energy-consuming toys. “Carbon footprints … [Read more...] about Leonardo DiCaprio preaches environmental responsibility, but does he practice it?

South Korea’s Hyundai Motor Group said on Monday it ranked third in first-half global vehicle sales on increased high-end model sales despite the lack of automotive chips. Hyundai Motor, its independent Genesis brand, and Hyundai’s smaller affiliate Kia Corp. sold a total of 3.299 million vehicles in global markets in the January-June period, following Toyota Motor Group’s 5.138 million units and Volkswagen Group’s 4.006 million units, according to their sales data. In the first six months, increased sales of Genesis models, the all-electric Hyundai IONIQ 5, and the pure electric Kia EV6 pushed up the Korean carmaker’s sales ranking, reports Yonhap news agency. The group’s ranking jumped from fifth with sales of 3.475 million autos in the first half of 2021. Also Read: Hyundai to Spend $424 Million to Build AI Research Centre in US The Korean automaker’s first-half sales fell 5.1 percent from a year earlier, faring better than its global competitors. Toyota Group’s sales … [Read more...] about Global Vehicle Sales: Hyundai Ranks 3rd in 1st half of 2022

Tesla billionaire Elon Musk wrote an article for a magazine produced by the chief censorship bureau of Communist China, despite being a self-described “free speech absolutist.” The world’s richest man penned an article in the July issue of China Cyberspace, a magazine produced by the Cyberspace Administration of China (CAC), the top internet regulator, responsible for enacting the strict censorship apparatus of the regime in Beijing. Elon Musk – CEO of Tesla, SpaceX, and the Boring Company, and Chinese president/emperor Xi Jinping. Tesla CEO Elon Musk poses with Tesla China-made Model 3 vehicle owners (Photo by Ding Ting/Xinhua via Getty) So central to the power structure of the Communist Party, the director of the CAC, Zhuang Rongwen, is also the head of the Propaganda Department, and it is a subsidiary of the Central Cyberspace Affairs Commission, of which Xi Jinping, himself, is the director of. While the CAC is mostly involved in laying out the censorship … [Read more...] about Free Speech? Elon Musk Writes Article for Chinese Censorship Bureau

Tesla CEO Elon Musk reportedly told workers to stop performing a critical brake test on Model 3 cars as the company rushed to meet a self-imposed milestone of 5,000 cars produced per week. As electric-car manufacturer Tesla rushed to meet their self-imposed milestone of 5,000 Model 3 cars produced per week, CEO Elon Musk reportedly told workers to stop performing a critical brake test on cars. According to Business Insider , Musk told employees working on Model 3 cars in the company’s factory in Fremont, California, to stop performing a “brake and roll” test on the cars. A Tesla insider stated that testing was shut down before 3:00 a.m. on June 26, but was not aware of how long the test was halted for or why it was halted in the first place. An industry insider told Business Insider that the brake and roll test is a critical part of vehicle testing which ensures that the car’s wheels are correctly aligned and that brakes are functioning properly. Tesla representative Dave … [Read more...] about Report: Elon Musk Ordered Workers to Stop Tesla Brake Testing During ‘Production Hell’ | Breitbart

Tesla CEO Elon Musk reportedly has continued to sleep under his desk at the Tesla factory in Fremont, California, despite fans buying him a fold-out couch via a crowdfunding drive. Tesla recently claimed that they had their “most productive quarter” ever, producing 5,000 Model 3 cars in the last week of the quarter by creating a makeshift assembly line in a tent outside their California factory and allegedly failing to perform brake tests on a number of their vehicles. Earlier this year, Tesla CEO Elon Musk claimed that he had been sleeping under a desk in a conference room during “production hell” to reach the company’s production goals. When popular YouTuber and Tesla fan Ben Sullins heard this, he came up with an idea to grab Musk’s attention — a crowdfunded pull-out couch for Musk to keep in his office. “The idea was that he should have a decent place to sleep when he’s pulling all-nighters,” Sullins told CNBC. In less than a week, Sullins idea had raised over $9,000 … [Read more...] about Elon Musk Continues to Sleep Under Desk at Tesla – Despite Fans Buying Him a Couch | Breitbart