General Motors is facing a huge financial setback. They just announced a $6 billion loss. This is because they are slowing down their electric vehicle (EV) plans. It's not the first time they've taken a hit. Back in October, they already reported a $1. 6 billion loss for the same reason. This chang
General Kyrylo Budanov, a prominent figure in Ukraine's military intelligence, has been appointed as the new chief of staff by President Volodymyr Zelenskyy. This change comes at a crucial time, as Russia's invasion of Ukraine approaches its fourth year. Budanov takes over from Andrii Yermak, who re
General Motors (GM) is having a stellar year in the stock market. As of the last trading day, its shares have climbed over 55%, reaching an all-time high of more than $80 per share. This is the best performance since the company's comeback after bankruptcy in 2009. Several things are fueling this g
Electric cars are changing the game. They're not just eco-friendly; they're also incredibly fast. Let's talk about some of the quickest electric vehicles out there. First up, the Aspark Owl. This Japanese supercar is one of the fastest street-legal vehicles. It goes from 0 to 60 mph in just 1. 72 s
Electric vehicles (EVs) are great, but they don't like the cold. When temperatures drop, so does their range. This isn't just a small drop either. We're talking about a big hit to how far you can go on a single charge. In really cold weather, like 20°F, an EV can lose about 41% of its range. That's
Electric vehicles (EVs) have been around for a while now. They are becoming more common on the roads, and the technology is improving. Charging is faster, batteries last longer, and prices are dropping. However, there's a catch: EVs lose value much quicker than gas-powered cars. On average, gas car
General Motors (GM) is feeling the heat in the electric vehicle (EV) market. After a brief surge in sales due to a soon-to-expire federal tax credit, the company is now facing some tough realities. The Trump administration's policies have made things even harder, with changes in regulations, cancele
General Motors is making big changes to its electric vehicle (EV) plans. The company is cutting about 5, 500 jobs, with 1, 750 people being laid off indefinitely. This is part of a larger strategy to adjust to slower EV sales and new rules. One of the main changes is at the Factory Zero plant in De
General Motors (GM) recently let go of over 200 salaried employees, mainly from its Technical Center in Warren. This move came just days after the company raised its profit expectations for the year, which led to a significant boost in its stock prices. The company stated that these job cuts were du
Electric bikes and electric scooters have surged in popularity. This has led to a rise in injuries related to these vehicles. It is important to understand the severity of these injuries and how they compare to those from traditional bikes and motorcycles. This is crucial for improving safety mea
