• EV Segment Begins 2024 Experiencing an Economic Hangover

    EV Segment Begins 2024 Experiencing an Economic Hangover

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    Following an incredible, whirlwind, three-year high fueled by outsized promises and expectations spurred on by a seemingly endless supply of money and government edicts, the EV world finds itself taking four ibuprofen and guzzling a quart of Gatorade as it attempts to recover from its current hangover. The industry has difficulty shaking the cost, range anxiety, and charging time trilogy with potential buyers beyond...
  • The Decline of Vroom: An Online Used Vehicle Cautionary Tale

    The Decline of Vroom: An Online Used Vehicle Cautionary Tale

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    When online used vehicle retailer Vroom announced in late January it was ceasing online sales and liquidating inventory, the company became the latest “disruptor” to acknowledge that the car business is more complicated than previously thought.
  • Apple abandons autonomous EV endeavor

    Apple abandons autonomous EV endeavor

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    This past Tuesday, Bloomberg Wire Service broke the news that after nearly a decade, Apple Chief Operating Officer Jeff Williams and Vice President Kevin Lynch announced the company was officially abandoning its quest to dip its toe into the world of auto manufacturing by producing an autonomous, electric vehicle.
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