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Suppliers familiar with GM's production plans through 2025 support the notion the automaker continues to slow-walk electric vehicle investment and output while it continues to bank money from its big combustion-engine pickups and SUVs. GM on Tuesday stuck to its plan to produce a total of 400,000 electric vehicles for North America from 2022 through the first half of 2024. GM said it has secured all the battery materials it will need to build 1 million EVs a year in North America by 2025. In the short run, GM's go-slow approach could allow it to side-step the price war that Tesla launched earlier this month. The division has 90,000 reservations for the high-performance Hummer EVs and is sold out into next year, he said.

☆ How to cash in on the new wave of electric car tax credits and rebates that could save you thousands on a new ride
▼ + stars: | 2023-01-18 | by ( Alexa St. John | ) www.businessinsider.com time to read: +8 min

Electric vehicles are expensive, but tax credits might be able to help. The Biden Administration's Inflation Reduction Act, passed last August, introduced some new EV credits and extended existing ones, with some changes. Here's what to know about claiming tax credits and rebates on electric car purchases. George Rose/Getty ImagesState creditsDifferent states have different incentives for EVs, in addition to the federal tax credits. Not every state has an electric car tax credit or rebate program, so it's important to check individual state websites for information.

☆ U.S. NTSB chair raises safety concerns about heavy electric vehicles
▼ + stars: | 2023-01-11 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

WASHINGTON, Jan 11 (Reuters) - U.S. National Transportation Safety Board Chair Jennifer Homendy on Wednesday raised concerns about the increased risk of severe injury and death from heavier electric vehicles on U.S. roads. The heavier weight "has a significant impact on safety for all road users," she said Wednesday in a speech. All GM vehicles are engineered to meet or exceed all applicable motor vehicle safety standards." Acting NHTSA Administrator Ann Carlson told reporters Monday that the agency was studying the impact of vehicle size on roadway safety. Carlson said the agency was "very concerned" about the "degree to which heavier vehicles contribute to greater fatality rates."

Ram 1500 Revolution BEV electric concept pickup truck Stellantis"This is a vision, or a glimpse, into the future of Ram Trucks," Ram CEO Mike Koval Jr. told CNBC. The electric Ram truck is expected to enter an increasingly crowded segment of electric pickups that already includes the GMC Hummer EV, Ford F-150 Lightning, Lordstown Endurance and smaller Rivian R1T. Ram 1500 Revolution BEV electric concept pickup truck StellantisKoval said Ram isn't worried about being late to the segment. Ram 1500 Revolution BEV electric concept pickup truck StellantisThe design of the concept electric Ram pickup appears to be more of a lifestyle pickup rather than a traditional work truck, but executives said the production vehicle will serve both purposes. "The TRX (a performance version of the Ram 1500) has that in spades," Gilles told CNBC.

☆ Sony and Honda reveal the name of their car brand, Afeela
▼ + stars: | 2023-01-04 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

CNN —Sony and Honda, which announced a joint venture last year to develop and build electric cars, have revealed the name of their new car brand. At a presentation during the Consumer Electronics Show, Sony Honda Mobility chief executive Yasuhide Mizuno revealed a prototype of the company’s first car, which looked like a mid-sized sedan, but he revealed little detail about it. The car will have safety and driver assistance systems from Honda along with entrainment and interactive features from Sony, Mizuno said. It will allow the vehicle to show information and interact with people outside the vehicle, Mizuno said. Unreal Engine’s technology has also been used by other auto brands including General Motors, which used the technology in the Hummer EV.

☆ The $360 billion electric car battery market will determine the fate of electric vehicles
▼ + stars: | 2023-01-03 | by ( Alexa St. John | ) www.businessinsider.com time to read: +14 min

There's also money to be made: The EV battery market could hit $360 billion by 2030, according to McKinsey. At Insider, we've looked at white-hot EV battery technologies that give automakers the EV performance they need at the price their customers want. We've investigated how automakers are securing enough battery supply, especially amid the call for domestic sourcing brought on by requirements in President Joe Biden's climate bill. It just led a $400 million investment into the little-known EV battery startup that could make it work. The soon-to-be $339 billion battery industry is on a hiring tear to power the shift to electric cars.

☆ Our predictions for big themes in 2023, from China tensions to the abundance agenda and tech discipline
▼ + stars: | 2023-01-01 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

On the agenda today:But first: Now that it's 2023, I want to share some of the things I'm personally fascinated with that I think will be big themes for the year ahead. 3 big themes for 2023China tensions: The fate of the world economy may depend on what happens to a company in Taiwan most Americans have never heard of. These are all huge storylines for 2023 driven by increasing tensions between China and the US. Big tech companies are making their performance reviews tougher. What do you think are the big themes that will shape 2023?

☆ The race to make electric cars cheaper is making electric cars more expensive
▼ + stars: | 2023-01-01 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

Electric cars aren't exactly the most affordable right now. The world of batteries influences your EV's price tagAutomakers are pouring more than $515 billion into all-electric lineups over the next several years. Mercedes is only making newly launched cars electric starting in 2025. Scaling up will inherently make electric cars less expensive over time. But, driving costs back down, he says: "The lithium prices will trigger more supply to enter the market."

☆ The U.S. passed a historic climate deal this year — here's a recap of what's in the bill
▼ + stars: | 2022-12-30 | by ( Emma Newburger | ) www.cnbc.com time to read: +11 min

The IRA's provisions have major implications for clean energy and manufacturing businesses, climate startups and consumers in the coming years. As 2022 comes to a close, here's a look back at the key elements in the legislation that climate and clean energy advocates will be monitoring in 2023. Taking aim at methane gas emissionsSome pumpjacks operate while others stand idle in the Belridge oil field near McKittrick, California. Mario Tama | Getty ImagesThe package imposes a tax on energy producers that exceed a certain level of methane gas emissions. And the bill has a hydrogen production tax credit, which provides hydrogen producers with a credit based on the climate attributes of their production methods.

☆ The $113,000 GMC Hummer EV is an incredibly silly vehicle, but is also one of the most fun models I drove all year
▼ + stars: | 2022-12-28 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

The Hummer EV Edition 1 costs $113,000 and is ridiculously large. It's ridiculously hugeThe 2022 GMC Hummer EV Edition 1. But loads of funThe GMC Hummer EV Edition 1. As I drove around and towered over the other, lesser cars, I couldn't help but giggle at the sheer absurdity of the Hummer EV. The 2022 GMC Hummer EV Edition 1.

☆ Forget the F-150 Lightning and Hummer EV. Ford and GM's real battle is for electric delivery vans.
▼ + stars: | 2022-12-11 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

But perhaps their real battle will happen with electric delivery vans. "But the electrification of the commercial vehicle market," he said, "I think is underappreciated." Now, government support through incentives has bolstered EV momentum, and as a result, companies looking for electric fleets will only ask for more. How electric delivery van-makers plan to nail this downFord and GM's inherent advantages over rivals include name recognition, robust supply bases, and ample resources. "We've seen over the decades how strong brand loyalty is in the commercial vehicle segment," said AutoPacific analyst Robby DeGraff.

☆ The electric Hummer isn't as great for the environment as you might think — and it proves not all EVs are created equal
▼ + stars: | 2022-12-02 | by ( Tim Levin | ) www.businessinsider.com time to read: +5 min

If you think driving a pint-sized Nissan Leaf is as good for the planet as driving a huge electric Hummer, think again. The GMC Hummer EV uses significantly more electricity than other EVs, meaning it produces more pollution upstream. Moreover, the GMC Hummer EV is in many ways a supersized gas guzzler for a new era. EVs can be energy guzzlers tooOn the whole, electric cars use less energy than gas-powered ones. The 4.5-ton elephant in the roomThe Hummer EV is a full 4,000 pounds heavier than a well-optioned, gas-powered Ford F-150.

☆ 5 things automakers and car shoppers are getting wrong about electric vehicles, according to GM's president
▼ + stars: | 2022-12-02 | by ( Nora Naughton | Alexa St. John | ) www.businessinsider.com time to read: +5 min

GM is looking to position itself as a leader in electric vehicles, putting billions of dollars toward electrifying its fleet and promising a future without fossil-fuel emissions. Companies need hybrids to bridge the gap to full EVsSome automakers have been making the transition to electric lineups with a pit stop: hybrids. Toyota, for example, has invested in hybrids in addition to electric products and has faced skepticism from the industry as a result. "We're not going to dilute our investment with hybrids," Reuss said, adding that the automaker expects its EV business to be profitable by 2025. The charging experience and the driving experience are one and the sameReuss said it can be frustrating to see drivers rate vehicles based on the charging experience alone.

☆ Salesforce employees say they were blindsided by Bret Taylor's departure
▼ + stars: | 2022-12-01 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

Today's not a typical day for the staff at Salesforce, some of whom told us they were blindsided by co-CEO Bret Taylor's decision to step down. Below, we've got details on what Salesforce employees — including now-solo CEO Marc Benioff — are saying about Taylor's announcement. Salesforce employees were blindsided by Bret Taylor's departure. The sudden announcement left many at the company feeling blindsided, employees and others close to the company told Insider. Here's what workers told us about Taylor's departure.

☆ GM's trying to fix the worst part of buying an electric car by turning an old Target into a new kind of call center
▼ + stars: | 2022-12-01 | by ( Nora Naughton | Alexa St. John | ) www.businessinsider.com time to read: +4 min

"EV Live" is a way to supplement dealers, not replace them, GM says. To win them over, GM is helping new EV owners and potential buyers understand the quirks and nuances of the tech-heavy vehicles — by directing them to a call center. GM's specialists don't just help GM buyers. In fact, over the Thanksgiving holiday weekend, EV Live saw a surge in calls from non-GM owners, Hassani told Insider. That's why EV Live has added training for dealers since it opened.

☆ Finance influencers who hyped up FTX and BlockFi are facing angry fans
▼ + stars: | 2022-11-30 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

In the case of finance influencers who hyped up FTX and BlockFi to their subscribers, the result is a lot of unhappy, skeptical former fans. As prominent crypto platforms topple, financial influencers face anger and skepticism. On YouTube, financial influencers have built loyal followings by sharing financial advice and actively promoting companies like FTX and BlockFi. As the companies crumble, those influencers are facing skepticism and backlash from fans. Apple's App store has become an imitation of its former self.Apple used to carefully curate its App store, helping developers gain visibility and customers find what they needed, writes Michael Gartenberg.

☆ Take a full photo tour of the new electric Hummer, which costs $113,000, weighs 4.5 tons, and can drive sideways
▼ + stars: | 2022-11-30 | by ( Tim Levin | ) www.businessinsider.com time to read: 1 min

But since this is a six-figure, luxury vehicle that most owners won't take off the pavement, don't be surprised if you see a Hummer EV zig-zagging down Rodeo Drive in the near future. The 2022 GMC Hummer EV Edition 1. Tim Levin/Insider

☆ The $113,000 Hummer EV is totally outrageous in every way — and that's what makes it such a good time
▼ + stars: | 2022-11-26 | by ( Tim Levin | ) www.businessinsider.com time to read: +7 min

The GMC Hummer EV is ridiculously large, astonishingly quick, and excessive in every way. GM lent me a Hummer EV Edition 1, which retails for around $113,000. First, the basicsThe 2022 GMC Hummer EV Edition 1. The Hummer EV pickup launched in late 2021, and an SUV is on the way for 2023. What falls short: New Hummer, same problemsThe Hummer EV is wildly inefficient compared to its competitors, which is both unfortunate and on brand.

☆ I've driven all 3 electric pickup trucks on the market — here's why I'd buy the Rivian R1T over the F-150 Lightning or Hummer EV
▼ + stars: | 2022-11-23 | by ( Tim Levin | ) www.businessinsider.com time to read: +7 min

The Rivian R1T, Ford F-150 Lightning, and GMC Hummer EV are three very different takes on the electric truck. The Ford F-150 Lightning. But the Ford F-150 Lightning, GMC Hummer EV, and Rivian R1T couldn't be more different. F-150 LightningThe Ford F-150 Lightning. Rivian R1TThe Rivian R1T.

☆ Rivian’s CEO created buzzy, outdoorsy EVs. Now big automakers are coming after it
▼ + stars: | 2022-11-22 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +11 min

Even now, as the company’s assembly lines have started churning out its electric vehicles, success still isn’t assured. The 39-year-old is running the car company he founded, building electric vehicles he helped engineer and design. Jamie Kelter Davis/Bloomberg/Getty ImagesEver since he was a child growing up in Melbourne, Florida, Scaringe wanted to start his own car company. At the time, the idea of starting a car company seemed very farfetched. Robert Joseph "RJ" Scaringe, Rivian's founder and CEO, said he had wanted to start a car company since he was a child.

☆ Rivian’s founder had an early advantage with his electric truck. Now rivals GM and Ford are closing in
▼ + stars: | 2022-11-22 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +11 min

Even now, as the company’s assembly lines have started churning out its electric vehicles, success still isn’t assured. The 39-year-old is running the car company he founded, building electric vehicles he helped engineer and design. A Rivian R1T pickup truck at the company's manufacturing facility in Normal, Illinois. Robert Joseph "RJ" Scaringe, Rivian's founder and CEO, said he had wanted to start a car company since he was a child. In 2021, Ford revealed the F-150 Lightning electric truck, which went into production this year.

☆ The $113,000 Hummer EV is packed with cool features, from a giant frunk to Crab Walk mode — see them all
▼ + stars: | 2022-11-15 | by ( Tim Levin | ) www.businessinsider.com time to read: 1 min

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☆ Why Twitter's downloads and usage have surged following Elon Musk's takeover
▼ + stars: | 2022-11-08 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

Twitter downloads and usage have surged. Elon Musk's leadership of Twitter so far has proved chaotic and unnerving for workers and advertisers, but users appear unfazed: Both the app's average daily downloads and daily average usage have increased considerably. According to data from Apptopia, daily downloads for November are already up 28% compared to October. Why Twitter usage may be soaring. An AI version of Elon Musk talked with us about Twitter, Trump, and Tesla.

☆ The electric Hummer will have a $4,000 e-bike counterpart that's just as outrageous
▼ + stars: | 2022-11-07 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

Come December, you'll be able to buy an e-bike inspired by the GMC Hummer EV pickup truck. The GMC Hummer EV bike promises on-demand two-wheel drive and lots of power. The GMC Hummer EV All-Wheel-Drive Ebike goes on sale in December, according to Recon Power Bikes, which GMC has tapped to build the bike. Much like the Hummer EV, the e-bike will come with all-wheel-drive by way of two electric motors – one driving the front wheel and one driving the rear. The GMC Hummer EV Edition 1, the first electric Hummer on the market, costs $108,700.

☆ The Chevy Bolt’s huge sales prove America is craving a cheap electric car
▼ + stars: | 2022-10-26 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +6 min

The Bolt EV and its new, more SUV-like sibling the Bolt EUV had record sales in the third quarter of the year with 14,000 being delivered to customers. Prices for the new Bolt EUV, which is taller and roomier, dropped to a base of about $28,200, $6,300 less than before. The 2023 Bolt EV now has a starting price of $25,600 and, for the Bolt EUV, $27,200. The Chevrolet Bolt EUV is a taller, roomier version of the Bolt EV electric hatchback. Like many electric cars, it can be driven “one pedal” style, with the car braking gently as the accelerator pedal is lifted.

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