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Samsung Vietnam launches Galaxy S22 Ultra Night Lively

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TwoTress TTS-55 Beginner’s Laser Engraver Review

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iPad mini 7 rumored to have 120Hz ProMotion high refresh screen

Despite the "mini" in the model name, the iPad...

Average U.S. electric car price reaches $54,000 in May, up 22% year-over-year

Data from automotive research and consulting firm J.D. Power showed that the average price of electric vehicles in the United States rose 22 percent year over year in May to about $54,000. By comparison, the price of gasoline-powered vehicles rose an average of 14 percent, to about $44,400. In addition, Tesla, GM, Ford, Lucid, and Rivian have all recently announced price increases for electric vehicles, in part to offset the soaring costs of lithium, nickel, cobalt, and other battery manufacturing materials.

General Motors last week raised the price of its GMC Hummer electric pickup truck by $6,250 due to rising commodity and logistics costs. The electric pickup, which has a delivery period of about two years, currently sells for between $85,000 and $105,000.

Tesla, the market leader in electric vehicles, raised prices several times in May, most recently a week ago, raising the U.S. price of various models by $6,000.

Ford Chief Financial Officer John Lawler said last week that rising commodity costs wiped out profits the company had initially expected on the Mustang Mach- e electric car. While the company raised prices to offset higher input costs, Lawler said that wasn’t enough to maintain margins.

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More than 50% of U.S. consumers change their payment habits to debit card spending

As high inflation rates put increasing pressure on consumer...

Linux Kernel 5.20 to add support for Intel DG2, Alchemist Arc GPUs

Citing Michael Larabel of the tech press Phoronix, the...

Micron Technology: $8.64 billion in revenue and 46.7% gross margin in the third quarter

Micron Technology, Inc. announced its results for the third...

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More than 50% of U.S. consumers change their payment habits to debit card spending

As high inflation rates put increasing pressure on consumer...

Linux Kernel 5.20 to add support for Intel DG2, Alchemist Arc GPUs

Citing Michael Larabel of the tech press Phoronix, the...

Micron Technology: $8.64 billion in revenue and 46.7% gross margin in the third quarter

Micron Technology, Inc. announced its results for the third...

Tesla’s 4680-cell Model Y from its Texas superplant can be charged to 97 percent capacity in 52 minutes

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Threza Gabriel
Threza Gabrielhttps://www.techgoing.com
TechGoing is a global tech media to brings you the latest technology stories, including smartphones, electric vehicles, smart home devices, gaming, wearable gadgets, and all tech trending.
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Ubuntu 22.04 LTS is finally changing its overly aggressive Systemd-OOMD strategy

On mobile operating systems, iOS / Android smartphone users have already experienced the power of crazy "background killing". However, on Ubuntu 22.04 LTS distribution,...

Intel 30.0.101.1743 graphics driver released: Support for Razzle A770M flagship graphics card

Intel has now released 30.0.101.1743 graphics driver for Razzle A series graphics cards, the update is as follows. Support for Intel Arc A770M and A550M...

Leakers reconfirm AirPods Pro 2 switch to USB-C interface

Apple is expected to release the AirPods Pro 2 this fall along with the iPhone 14. These new high-end true wireless headphones offer several...