With automakers committed to overhauling their fleets with electric vehicles, some are looking toward customization to separate themselves from the competition and to attract consumers.
Volkswagen, the German manufacturer is rolling out its first fully electric sedan with the Volkswagen ID.7. The car stands out with its electrical paint job that allows an owner to customize its color and glow, which is best seen at night.
Thomas Schäfer, CEO of Volkswagen Passenger Cars, told Cheddar News that customization will be critical in the future of electric cars.
"There's less and less that you [ can do] to differentiate yourself so you need to look for what other features and ways that people and brands can differentiate themselves from each other," he said.
BMW also revealed a concept car, the iVision Dee, that has electrically powered paint which allows an owner to create custom patterns and looks of their own.
For Volkswagen, pairing customization with an optimal ride is essential. The I.D.7 has a range of 435 miles. The series production version is set to go into production in Q2.
Power Brands is recalling two of its air fryer models following reports of burns.
With only a few days until Christmas, people are still scrambling to buy gifts for friends and family. Claudia Lombana, consumer and shopping expert, joined Cheddar News to provide tips on how to budget for those gifts.
With the New Year around the corner, it's time to start thinking about resolutions. Many folks begin to think about saving money or cutting down on bills. Caleb Silver, editor-in-chief of Investopedia, joined Cheddar News to provide some tips on tracking debt and staying organized.
Half of U.S. states are raising their minimum wage next year.
Sony's PlayStation 5 console has now passed 50 million units sold.
FedEx decreased its full-year revenue forecast after reporting lower-than-expected quarterly profits in its latest results.
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The IRS said Tuesday it is going to waive penalty fees for people who failed to pay back taxes that total less than $100,000 per year for tax years 2020 and 2021.
Rite Aid has been banned from using facial recognition technology for five years over allegations that a surveillance system it used incorrectly identified potential shoplifters, especially Black, Latino, Asian or female shoppers.
The union representing Southwest Airlines pilots says it reached a new contract agreement in principle with the airline following three years of negotiations.
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