DETROIT, MI - General Motors (GM) has announced that, as of 2025, they will be expanding their Corvette brand into models entirely different from their iconic sports car, offering all-electric four-door and sports utility vehicle (SUV) versions as well. GM’s reasoning for the move is to capitalize on the name recognition of the Corvette in order to drive more overall … [Read more...] about General Motors to Expand Corvette Line in 2025 with 4-Door, SUV EV Models
World’s First Commercial Solar Electric Vehicles to Hit Market Soon, Reports Say
While electric vehicles (EVs) are currently experiencing a massive upswing in popularity, the next generation of “green” transportation is already gearing up to make its debut, as the world’s first commercial solar electric vehicles are due to hit the market within the next few years, reports say. However, while the technology behind these new solar-powered vehicles … [Read more...] about World’s First Commercial Solar Electric Vehicles to Hit Market Soon, Reports Say
Carvana Lays Off 1,500 Employees as Stock Drops and Used Car Sales Slump
TEMPE, AZ - Online used car retailer Carvana, famed for their building-sized car vending machines that were quite popular during the to-touch era of COVID-19, continued its post-pandemic slump on Friday when the company announced that it would be laying off about 8 percent of its workforce in an effort to trim costs amid a recent slowdown in the used car … [Read more...] about Carvana Lays Off 1,500 Employees as Stock Drops and Used Car Sales Slump
$2 Million Rimac Nevera Goes 256 Miles Per Hour, Sets Record as World’s Fastest EV
PAPENBURG, GERMANY - The Rimac Nevera has just taken the crown as the world’s fastest electric vehicle (EV), with the 1,914 horsepower Croatian supercar setting an unofficial world’s record by reaching a whopping 256 miles per hour – or 412 KPH – on a seven-and-a-half-mile oval track at the Automotive Testing Papenburg facility in Germany. The Rimac Nevera’s price is as … [Read more...] about $2 Million Rimac Nevera Goes 256 Miles Per Hour, Sets Record as World’s Fastest EV
Porsche to Debut Off-Road SUV Version of Iconic 911 Sports Car
LOS ANGELES, CA - German automotive manufacturer Porsche is set to debut an off-road capable Sports Utility Vehicle (SUV) version of their iconic 911 sports car after having conducted expensive tests in a variety of harsh environments to ensure the new vehicle lives up to the company’s lofty reputation. The upcoming 911 Dakar off-road model is set to debut on … [Read more...] about Porsche to Debut Off-Road SUV Version of Iconic 911 Sports Car