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Consumer Reports: Electric vehicles less reliable, on average, than conventional cars and trucks
Read full article: Consumer Reports: Electric vehicles less reliable, on average, than conventional cars and trucksElectric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey by Consumer Reports, which found that EVs from the 2021 through 2023 model years encountered nearly 80% more problems than did vehicles propelled by internal combustion engines.
GM boosts outlook as sales in US fuel strong first quarter
Read full article: GM boosts outlook as sales in US fuel strong first quarterStrong U.S. sales helped General Motors increase its first-quarter net profit 19% over a year ago, leading the company to raise its full-year earnings guidance on expectations that people will keep buying new vehicles.
GM, Ford outdo each other with electric vehicle investments
Read full article: GM, Ford outdo each other with electric vehicle investmentsGeneral Motors will raise spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers will eagerly switch from gasoline to the new technology.