2025 Lexus RZ price cut by $11,200 with new entry-level grade

2025 Lexus RZThe 2025 Lexus RZ electric crossover is now $11,200 less expensive than last year thanks to a new entry-level grade. In this nameless trim level, the single-motor front-wheel-drive RZ 300e costs $43,975 with the mandatory $1,175 destination fee. That's down from $55,175 for the 2024 RZ 300e Premium grade, which was the entry-level version for...

2025 Lexus RZ price cut by $11,200 with new entry-level grade

2025 Lexus RZThe 2025 Lexus RZ electric crossover is now $11,200 less expensive than last year thanks to a new entry-level grade. In this nameless trim level, the single-motor front-wheel-drive RZ 300e costs $43,975 with the mandatory $1,175 destination fee. That's down from $55,175 for the 2024 RZ 300e Premium grade, which was the entry-level version for...

Jaguar buying back nearly 3,000 I-Pace EVs over fire risk

2019 Jaguar I-Pace SJLR will buy back 2,760 2019 Jaguar I-Pace electric SUVs due to a fire risk that the automaker and safety regulators have determined has not been adequately addressed in previous recalls. These vehicles—from the first model year of Jaguar's sole EV—were included in multiple recalls to address the potential for overheating battery...

Porsche might develop gas and hybrid versions of its EVs

Electric Porsche Cayenne prototypePorsche will continue developing internal-combustion engines longer than planned, including potentially adding hybrid variants to some planned all-electric models, CFO Lutz Meschke said during a Q&A session with Automotive News and other media on the automaker's third-quarter financial results. Porsche previously said that it expected 50% of...

Rivian awarded $6.6B conditional loan for Georgia EV plant for 2028

Rivian R2Rivian postpones, but confirms Georgia plant thanks to fresh loan money Planned for assembly of new R2 and R3 product lines Will supplement Rivian's existing Illinois facility How will new Trump era impact plans? Rivian on Monday announced a conditional commitment from the federal government for a loan of up to $6.6 billion under the Department of...

California will give $7,500 rebates if Trump kills EV tax credit

2024 Hyundai Kona ElectricCalifornia will provide its residents with $7,500 rebates for electric vehicles if the incoming Trump administration eliminates the federal EV tax credit, Governor Gavin Newsom declared Monday. Trump's transition team has indicated that killing the federal EV tax credit is a priority, as it's viewed as an easy target in a likely...

Tesla Superchargers are getting longer cables for non-Tesla EVs

Tesla SuperchargerTesla's installing longer cables on its Superchargers Superchargers can now detect when a non-Tesla EV is plugged in Tesla's Supercharger software will take into where a vehicle's charge port is located Tesla is installing longer cables and making other changes to accommodate EVs from other brands at its Supercharger DC fast-charging stations. The...

Hyundai recalls 145,000 Ioniq and Genesis EVs for loss of drive power

2024 Hyundai Ioniq 5145,235 Hyundai and Genesis EVs have been recalled The recall stems from a potential issue with the onboard charger The issue results in a potential loss in drive power Hyundai is recalling 145,235 electric vehicles from its main brand and Genesis luxury brand because of a potential issue with onboard chargers that could cause vehicles to enter a...

Northvolt files for bankruptcy

Northvolt lithium-ion battery cellSwedish battery firm Northvolt filed for U.S. Chapter 11 bankruptcy protection Thursday, with CEO Peter Carlsson stepping down the following day. Northvolt needs to raise between $1 billion and $1.2 billion to restore itself to full operations, Carlsson told Reuters and other media Friday. On Thursday, the company said it only had enough cash to...

Honda’s ready to build prototype solid-state batteries for EVs

Honda solid-state battery production demonstration plant in Sakura City, JapanHonda on Thursday unveiled what it calls a demonstration production line for solid-state batteries, which the automaker aims to commercialize later this decade. Located in Sakura City, in Japan's Tochigi Prefecture, the 295,000-square-foot facility is intended to establish the process for eventual mass production, as well as determine costs and...