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Monday, 02 May 2022 10:31

Sen. Joe Manchin Blasts EV Tax Credit Expansion, Calls for Hydrogen Development

Written by Joey Klender, Teslarati

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U.S. Sen. Joe Manchin, D-WV, on April 28 blasted a potential expansion of the electric vehicle (EV) tax credit, while also calling for the development of the hydrogen sector to decarbonize the transportation industry.

Friday, 29 April 2022 11:36

Report: Texas, Florida Best States for Business; California Worst

Written by Bethany Blankley, The Center Square

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Texas and Florida are the best states for business again, according to this year’s annual ranking published by Chief Executive Magazine. California remains the worst.

Friday, 29 April 2022 11:18

Driven Brands Acquires All Star Glass

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Driven Brands Holdings Inc., North America’s largest automotive services company, announced the continued expansion of its auto glass offering in the U.S. with the acquisition of All Star Glass.

Friday, 29 April 2022 11:13

Tesla Now More Profitable than Ford, GM, Despite Selling Far Fewer Vehicles in Q1

Written by Simon Alvarez, Teslarati

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Ford and GM deliver far more vehicles per quarter than Tesla, and they also tended to earn more money than the EV maker---but the latter is no longer true. 

Friday, 29 April 2022 10:59

62% of 2017 to 2019 Chevrolet Bolts Have Had Battery Replaced

Written by Andrei Nedelea, InsideEVs

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Chevrolet is in the process of replacing the battery packs of the Bolt EV and Bolt EUV, as the original pack had defects that could cause a fire---18 such incidents were officially confirmed and linked to bad batteries.

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Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., reported record first quarter 2022 net income of $237.7 million, an increase of 156% from $92.8 million in the prior year quarter.