Mobility

It's official—North Carolina updates Liam's Law, impacting drivers involved in street racing, hit-and-run accidents, and accidents with injuries

It’s official—North Carolina updates Liam’s Law, impacting drivers involved in street racing, hit-and-run accidents, and accidents with injuries

By Estefania Hernandez
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December 15, 2025 at 9:00 AM
North Carolina tightens its pedestrian crossing law—fines of up to $1,000 and license suspension for failing to stop for blind people

North Carolina tightens its pedestrian crossing law—fines of up to $1,000 and license suspension for failing to stop for blind people

By Estefania Hernandez
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December 15, 2025 at 6:00 AM
Goodbye to rush hour in San Francisco—the county is preparing congestion tolls for 2026 and wants to transform traffic in Mission Bay and downtown

Goodbye to rush hour in San Francisco—the county is preparing congestion tolls for 2026 and wants to transform traffic in Mission Bay and downtown

By Estefania Hernandez
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December 14, 2025 at 7:00 AM
Goodbye to the Ford Focus—the historic farewell to the model surprises Europe and the US as Ford confirms that the last unit has already left the factory

Goodbye to the Ford Focus—the historic farewell to the model surprises Europe and the US as Ford confirms that the last unit has already left the factory

By Estefania Hernandez
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December 13, 2025 at 11:00 AM
Expansion of purple parking spaces in the US—who can park there and what are they for—states such as Ohio, Texas, Florida, and California are already implementing them

Expansion of purple parking spaces in the US—who can park there and what are they for—states such as Ohio, Texas, Florida, and California are already implementing them

By Estefania Hernandez
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December 13, 2025 at 7:00 AM
Here's what you need to know about New York's inverted traffic lights, according to the DOT and analysts who are warning of a revolutionary change

Here’s what you need to know about New York’s inverted traffic lights, according to the DOT and analysts who are warning of a revolutionary change

By Victoria Flores
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December 12, 2025 at 1:00 PM
Goodbye to electric cars—South Korea revolutionizes mobility with clean ammonia combustion engines

Goodbye to electric cars—South Korea revolutionizes mobility with clean ammonia combustion engines

By Victoria Flores
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November 14, 2025 at 9:00 AM
Wisconsin gives green light to traffic cameras—fines of up to $100 for speeding and running red lights

Wisconsin gives green light to traffic cameras—fines of up to $100 for speeding and running red lights

By Victoria Flores
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November 8, 2025 at 11:00 AM
This is the “donut” motor that eliminates chains, gears, and noise to change urban mobility forever

This is the “donut” motor that eliminates chains, gears, and noise to change urban mobility forever

By Victoria Flores
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November 8, 2025 at 7:00 AM
No planes or cars—China wants to turn long-distance travel into one-hour journeys with its new generation of bullet trains

No planes or cars—China wants to turn long-distance travel into one-hour journeys with its new generation of bullet trains

By Victoria Flores
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November 7, 2025 at 9:00 AM
It's official—Toyota orders urgent recall of over 54,000 2025 Sienna Hybrids due to rear seat defect

It’s official—Toyota orders urgent recall of over 54,000 2025 Sienna Hybrids due to rear seat defect

By Victoria Flores
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October 28, 2025 at 9:00 AM
Goodbye to peace of mind behind the wheel—more than 170,000 Nissan and Chevrolet vehicles affected by a dangerous fault

Goodbye to peace of mind behind the wheel—more than 170,000 Nissan and Chevrolet vehicles affected by a dangerous fault

By Victoria Flores
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October 27, 2025 at 9:00 AM
Goodbye to DMV lines—North Carolina will allow driving with expired licenses due to system collapse

Goodbye to DMV lines—North Carolina will allow driving with expired licenses due to system collapse

By Victoria Flores
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October 25, 2025 at 7:00 AM
California government makes historic decision—fines for autonomous vehicle violations will go to companies

California government makes historic decision—fines for autonomous vehicle violations will go to companies

By Victoria Flores
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October 22, 2025 at 7:00 AM
General Motors (GM) promised a fast ride into the future with electric vehicles (EV). Instead, it’s hitting the brakes—and paying dearly. The company says it will take a $1.6 billion charge in the third quarter of 2025 after scaling back its EV plan. That decision lands in a market where demand is cooling and policy winds have shifted. GM, based in Detroit, has the broadest EV lineup in the United States and holds a 13.8% market share, second to Tesla’s 43.1%. Yet the payoff hasn’t matched the investment. The U.S. auto industry is still finding its EV footing, and rivals like Ford Motor are facing similar pain. Analysts from CFRA Research and Bank of America, including Garrett Nelson and John Murphy, see a tougher road ahead. Politics matter here, too: the $7,500 tax credit that encouraged buyers under President Joe Biden was later scrapped by the administration of Donald Trump, changing the math for consumers and carmakers alike. Add tariffs to the mix, and the picture gets even more complicated. The headline? An ambitious strategy met a smaller-than-expected market—and the bill has arrived. What’s in the $1.6 Billion? (The Mechanics Behind the Hit) GM’s filing lays out the breakdown. The company recorded “non-cash impairment and other charges of $1.2 billion as a result of adjustments to our EV capacity,” while another $400 million will be cash charges tied to canceling contracts and settling commercial agreements linked to EV investments. In plain terms, GM built up for a level of EV demand that hasn’t materialized and now has to resize factories, supplier deals, and timelines. Why now? The market is smaller than expected, and the policy tailwinds that once supported rapid adoption have slowed. In October 2021, GM outlined a $35 billion budget for EV and autonomous technology by 2025, then scaled back. The company also explicitly acknowledged it now expects “adoption rates of EVs to slow,” citing market and policy changes, including the end of the $7,500 tax credit. That shift matters: incentives lower prices, and without them, buyers hesitate—especially when charging access, resale values, and battery costs feel uncertain. Outside voices agree the charge wasn’t a shock. “The charge doesn’t come as a surprise given recent market developments and the fact GM had made probably the most aggressive EV push of any traditional automaker,” said Garrett Nelson of CFRA Research. It’s a reminder that going first can be expensive when the curve bends. A Wider Squeeze: Competitors, Tariffs, and Caution Lights GM isn’t alone. Ford Motor also booked a $1.9 billion charge tied to its EV business. Analysts warn more could follow as the industry recalibrates to slower demand and more cautious investment. As John Murphy of Bank of America put it in June, “I think we’re going to see multibillion-dollar write-downs flooding the headlines for the next few years.” That’s not about failure so much as course correction: the U.S. auto industry invested for a boom and encountered a stepwise shift instead. There’s also the tariff factor. GM already took a $1.1 billion hit in the second quarter of 2025, which the company linked primarily to tariffs imposed by President Donald Trump. Tariffs raise costs somewhere in the chain—materials, components, or finished vehicles—and those dollars have to come from margins or consumer prices. In an EV market sensitive to every thousand dollars on the window sticker, that pressure bites. Meanwhile, Tesla continues to set the pace with scale and brand power, holding 43.1% market share. GM’s 13.8% share and widest range of EV models show commitment, but share alone doesn’t pay the bills. If volumes stall or incentives fade, high fixed costs can turn quickly into write-downs, especially when production capacity exceeds demand. What This Means for GM’s Next Moves (And How to Read the Signals) So where does GM go from here? The near-term playbook looks pragmatic: align capacity to demand, trim underperforming commitments, and preserve flexibility. The $1.6 billion charge, while painful, clears the deck for a slower rollout that better matches buyer interest. It also signals to suppliers and investors that plans will follow the market, not the other way around. Crucially, the company’s position remains strategically relevant. GM still offers the broadest EV lineup—a strength if and when demand re-accelerates. Detroit’s engineering base and manufacturing scale can pivot as conditions change. But expectations have to reset. Incentive-driven surges are not a stable foundation, and tariffs can shift costs in ways companies can’t fully control. For shoppers and observers, one message stands out: timing matters. Early bets are bold, but adoption curves are uneven. That’s normal in big technology transitions. The EV story is not a straight line; it’s a staircase. When one step is taller than expected, even giants stumble. Conclusion: A Costly Reset, Not the Endgame GM’s EV recalibration reads like a reality check, not a retreat. The company took a $1.6 billion charge to right-size its plans after demand softened and the $7,500 tax credit disappeared, compounding earlier tariff costs. The context is industrywide: Ford Motor recorded its own $1.9 billion charge, and analysts such as Garrett Nelson (CFRA Research) and John Murphy (Bank of America) expect more write-downs as the market sorts itself out. The lesson for the U.S. auto industry is straightforward: scale and incentives helped launch the EV era, but sustainable growth depends on steady demand, predictable policy, and careful cost control. GM still has assets that matter—brand, breadth, and manufacturing muscle—yet the path forward will likely be measured rather than meteoric. In that light, the charge is a strategic reset: clearing past assumptions, matching factory output to real orders, and preserving the option to accelerate when buyers are truly ready.

Goodbye to the electric dream—General Motors sinks after the withdrawal of the $7,500 incentive for EV buyers

By Victoria Flores
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October 21, 2025 at 7:00 AM
Kea Aerospace revolutionizes

Confirmed—Kea Aerospace revolutionizes aviation with a solar-powered aircraft that requires no fuel and can remain airborne for months

By Victoria Flores
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October 20, 2025 at 7:00 AM
It's official—Porsche faces a class action lawsuit in the US for lying about the charging speed of its electric cars

It’s official—Porsche faces a class action lawsuit in the US for lying about the charging speed of its electric cars

By Victoria Flores
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October 19, 2025 at 7:00 AM
It's official—Miami-Dade introduces the first autonomous police car in the United States—meet “PUG”

It’s official—Miami-Dade introduces the first autonomous police car in the United States—meet “PUG”

By Victoria Flores
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October 18, 2025 at 7:00 AM
Confirmed—Private airline Verijet files for bankruptcy and leaves millions in debt after the death of its founder

Confirmed—Private airline Verijet files for bankruptcy and leaves millions in debt after the death of its founder

By Victoria Flores
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October 16, 2025 at 11:00 AM
Urgent alert—Kia issues a recall due to an electrical fault that could cause smoke or fire in the 2021-2023 Sorento models

Urgent alert—Kia issues a recall due to an electrical fault that could cause smoke or fire in the 2021-2023 Sorento models

By Victoria Flores
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October 15, 2025 at 11:00 AM
Confirmed—The US suspends the issuance of licenses to foreign drivers following a series of fatal accidents, and the impact will be immediate across the country

Confirmed—The US suspends the issuance of licenses to foreign drivers following a series of fatal accidents, and the impact will be immediate across the country

By Victoria Flores
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October 10, 2025 at 7:00 AM
It's official—Tesla and BYD accelerate the race toward driverless cars and the future of fully autonomous driving

It’s official—Tesla and BYD accelerate the race toward driverless cars and the future of fully autonomous driving

By Victoria Flores
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October 8, 2025 at 7:00 AM
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