Author: News Room

A recent data analysis has revealed that Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry. The analysis, conducted by Consumer Reports, found that over a decade, the average cost of maintaining and repairing a Tesla was just $4,035. This is significantly lower than other…

Salary sacrifice is a tax-efficient way for employees to reduce their income and stay within a lower tax bracket. For example, someone earning £52,000 a year can opt to lease an electric vehicle through their employer’s scheme for around £350 a month. Not only does this cut costs compared to…

Michelin, the world’s top tire-maker, is embracing airless tire technology as the future of the industry. The company believes that airless tires are necessary for sustainability and efficiency reasons. Around 20% of tires are prematurely taken out of service due to damage or punctures, which could be avoided with airless…

The recent downturn in Tesla’s stock price and declining demand for electric vehicles has prompted General Motors to introduce vehicle-to-home (V2H) technology in its upcoming electric vehicles. By 2026, most GM electric vehicles will have the capability to supply backup power to homes through bi-directional charging. This technology aims to…

A growing number of electric vehicles are being produced with bidirectional charging capability, allowing them to not only charge from a power source but also to supply power to other devices, including a home. This technology is expected to become an industry standard in the coming years, with many manufacturers…

MG is set to unveil its radical EXE181 electric hypercar at the Beijing motor show, showcasing its reputation as a producer of exciting EVs. Inspired by the EX181 land speed record car driven by Stirling Moss and Phil Hill in the late 1950s, the new hypercar boasts a theoretical drag…

The Microlino microcar is a unique electric vehicle with a design inspired by the iconic Isetta bubble car. Despite being small, Americans have concerns about safety, practicality, and value. However, the Microlino’s charm, fun driving experience, and premium image make it appealing. Safety features include an automotive-grade safety cell and…

Nidec, a Japanese electric motor maker, unexpectedly reported an operating loss of 6.17 billion yen in the fourth quarter of the year. This loss was primarily due to the costs associated with restructuring efforts aimed at addressing intense price competition in China’s electric vehicle market. The company had previously anticipated…

Honda Motor Co. is planning to build a new electric vehicle factory in Canada to strengthen its production capacity in North America amidst increasing competition. This move will be Honda’s second EV plant in North America, following the retooling of its existing factory in Ohio to produce all-electric vehicles from…

This week, Tesla is facing a series of challenges as investors seek answers regarding robotaxis, the stock price, and Elon Musk’s compensation package. The electric automaker is experiencing a downturn in stock price and sales, creating uncertainty regarding its future, particularly with its reliance on robotaxis. Musk’s behavior, including controversial…