Hertz to Sell Off Third of US Electric Vehicle Fleet Due to Weak Demand
Hertz Global Holdings Inc. has announced its decision to sell off a third of its US electric vehicle (EV) fleet and reinvest in gas-powered cars due to weak demand and high repair costs for its battery-powered options. The rental giant…
NT-Tao: Revolutionizing EV Industry with Nuclear Fusion Power Generation
Honda-backed Israeli startup, NT-Tao, is set to revolutionize the electric vehicle (EV) industry by harnessing the power of nuclear fusion. The company plans to utilize mini fusion power generation facilities as charging stations for EVs, marking a significant leap in…
New Porsche Taycan Model Sets Record at Nurburgring
On Wednesday, January 3, 2024, a new Porsche Taycan model set a remarkable record at the Nurburgring, solidifying its position as one of the fastest electric vehicles on the market. The new Taycan completed a lap in an astonishing 7:07.55,…
Tesla’s Remarkable 2023 Sets High Bar for 2024
Tesla had a remarkable year in 2023, with its shares more than doubling in value. However, this success may set a higher bar for the company in 2024. The electric vehicle (EV) maker’s shares are currently considered expensive, especially when…