GM’s Barra Reiterates Electric Plan Despite Disappointment In EV Production

Recent issues have sent GM stock down to about $28 per share, 15% below its 2010 IPO price and down 15% since early 2023, leading Wall Street analysts to say, This is well below the company’s target of $42 per share. For the new Chevrolet Blazer (pictured above) and Equinox EV,… Source: www.autoweek.com

Toyota Venza To Cease Production After 2024

Toyota last night unveiled an all-new, sleek two-row midsize SUV with a focus on ride comfort. This wasn’t good news for Toyota’s old, sleek two-row midsize SUV, which focused on ride comfort. Welcome the 2025 Toyota Crown Signia. Its appearance means farewell to the Toyota Venza. A Toyota spokesperson confirmed that 2024 will be the last Venza model. Source: Kelley Read More

Production Format Of Flagship EV “Polestar 5” Scheduled To Be Released In 2025 Revealed

Polestar announced the production version of the Polestar 5 at a recent event. It’s very similar in concept to Precept, but the details are now production-ready. Production of the new EV is scheduled to begin in 2025. Although it was born as a concept for the Polestar Precept, it now appears that the next Polestar 5 is preparing to hit Read More

Polestar 3 Completes High-temperature Testing, Production Scheduled For Early 2024

The Polestar 3 is several months behind schedule as production has been pushed back from mid-2023 to the first quarter of 2024. {{comments}} Comments September 26, 2023 16:01 The Polestar 3 was introduced almost a year ago, but the electric crossover is slowly moving closer to mass production. The model was originally scheduled to go into production in mid-2023, with Read More

Breaking News – MotorTrend Releases New Documentary Examining Chinese Electric Vehicle Production In Mexico And Potential Impact On US Market

Motor Trend releases new documentary examining Chinese electric vehicle production in Mexico and potential impact on U.S. market · The new “MotorTrend Investigates” series debuts today on MotorTrend with the first in-depth report on Chinese EV production in Mexico. Source: Motor Trends

Polestar 3 Development Is Nearly Complete, With U.S. Production Scheduled To Begin In The First Quarter Of 2024

The electric midsize SUV has just completed two weeks of extreme heat testing in the United Arab Emirates. The Polestar 3 electric midsize SUV was announced in October 2022, but its market debut is still many months away. Production of the Polestar 3 for the U.S. market is scheduled to begin in the first quarter of 2024 at Volvo Cars’ Read More