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Politics cause GM to pause major investment
With an uncertain EV future, several companies are cautious, but GM made news by pausing a major investment
Hello! Hope you had a great Labor Day weekend. Here’s some automotive news to start your week. Just don’t read it at work (ideally).
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Key Takeaways
Don’t have much time? Here’s the summary of what we’re talking about:
GM has delayed a significant investment in lithium mining due to uncertainties about the future of EVs influenced by the upcoming elections.
Different US states have different tastes (when it comes to cars). Here are the most notable differences in searches for used and new cars, and varying attitudes towards EVs.
Knowing the best and worst years is crucial when considering purchasing the exclusive and less commonly sold Land Rover LR4.
There is specific guidance on whether you can flat tow a Mini Cooper, which is important for those looking to tow it behind another vehicle.
IN THE KNOW
GM delays massive investment until after the elections
Lithium is vital for the automotive future. Without it, batteries are useless. Not only that, but obtaining lithium is an expensive process.
First, you must mine it, then wash it with pure water and store it in specific conditions.
So, whichever company holds the lithium has a solid advantage over the competition.
The problem is that politics get in the way. There’s no denying that the future of EVs in America is uncertain.
Two candidates with opposing views are causing many to be cautious, including automotive manufacturers.
GM is no exception. The company was once going full-steam ahead with investing in a mine.
However, now, it’s dubious, and the impact of this could be massive.
Here’s how much money GM was willing to invest and why it paused such an enormous investment.
What every US state thinks of cars
What’s the most Googled automotive brand in the US?
What’s the favorite automaker in Kansas, and how does it differ from that of Missouri?
You probably never had these questions, but once they’re in your head, they never leave until someone else answers them.
It turns out that states are as varied as people’s tastes, and this research shows quite a few surprises.
The article doesn’t only talk about which brands people love but also what they search for.
Here’s an example.
The top three states searching for “used car for sale” are New Jersey, California, and New York. Meanwhile, those searching for a “new car for sale” are in Delaware, Mississippi, and Washington.
Then, the article dives into which states would rather stay away from EVs and which actually want them.
Read more about what every US state thinks of cars in the link below.
BEST AND WORST
What are the best and worst years for the Land Rover LR4?
The Land Rover LR4 isn’t the most popular in a land that loves SUVs.
In 2023, the company sold 2,416 LR4s in the US, making it one of the most exclusive SUVs you can buy.
There’s no denying that Land Rover’s heritage is the cause for most of its appeal.
The combination of extreme off-road capabilities and luxury makes the LR4 an enticing vehicle to own.
However, before buying, it’s best to research the best and worst years for such an exclusive vehicle.
Our article brings you that and much more.
TIPS AND KNOW-HOW
Can you flat tow a Mini Cooper?
Flat towing is one of the most comfortable ways of having a smaller vehicle to move around once you’ve arrived at your destination.
At the same time, the Mini Cooper is a versatile car that can give you excellent fuel economy and ease of driving in urban areas.
It makes perfect sense for people to wonder if you can flat-tow a Mini Cooper. After all, thanks to its light weight, it should be ideal.
However, the answer isn’t as clear-cut.
We researched and answered the question, “Can you flat tow a Mini Cooper?” and provided you with everything you need to know.
NEWSBITES
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