Elon Musk’s rise to prominence and wealth places him in a position where his influence stretches across various sectors, from electric vehicles with Tesla to space exploration with SpaceX, and even social media with X (formerly Twitter). Musk’s career has often mirrored that of historical figures like Jacob Fugger, a 16th-century financier who became one of the most powerful men in Europe. Both men are risk-takers who transformed industries and were disliked by the establishment for their boldness and influence.
Ford Motor Co. announced Monday it is donating $1 million and a fleet of vehicles to support President-elect Donald Trump's upcoming January inauguration.
Japanese auto giants Honda Motor and Nissan Motor are reportedly set to begin negotiations toward a merger, aiming to combine resources and strengthen their position against global electric vehicle (EV) competitors.
"When he takes office, President Trump will support the auto industry, allowing space for both gas-powered cars and electric vehicles," Leavitt said in a statement.
An electric vehicle (EV) was determined to be the cause of a significant apartment fire last month on Frazier Avenue in Chattanooga, marking what fire officials have described as the city's "first large-scale incident related to an electric vehicle."
The California Energy Commission approved a $1.4 billion plan to create more chargers for electric vehicles (EVs). The policy would result in an estimated 17,000 new chargers.
The Biden administration has committed to a $6 billion loan to electric vehicle manufacturer Rivian to construct a new factory in Social Circle, Georgia,...
Jack Hollis, Toyota’s North American Chief Operating Officer (COO), said that policies surrounding electric vehicles (EVs) are not working with consumer demand.