Gas prices due to drop in 2024, as EVs plug into cleaner energy

Gas pumpThe cost of gasoline and the carbon footprint of EVs could both fall in the new year. The U.S. Energy Information Administration (EIA) expects combined electricity generation from solar and wind to exceed coal for the first time in 2024. Solar alone is expected to increase 39% from 2023 thanks to continual increases in generating capacity...

2024 Mercedes EQS and EQE get heat pump, retuned braking, more range

2024 Mercedes-Benz EQEMercedes-Benz is making a number of changes to its EQE and EQS electric SUV and respective sedan/hatchback models for the 2024 model year, including updates to improve range and a new braking system that could address a common complaint about earlier models. In the EQS and EQE, Mercedes tuned its regenerative braking for efficiency, opting for...

Vinfast EV sales pivot to dealer model, starting in North Carolina

2023 Vinfast VF 8Vinfast will use franchised dealerships to sell cars in the U.S.—starting in the state where the company also plans to build a factory. While Vinfast already has a few company-operated showrooms, its first franchised dealership opened this week in Cary, North Carolina, in partnership with the Leith Automotive Group. As of Thursday, the...

EPA: Hybrids and EVs helped offset more polluting trucks and SUVs

2021 Toyota RAV4 HybridIncreased production of hybrids and EVs has helped offset the shift toward larger vehicles in the new-car market, according to a comprehensive annual update from the EPA. The 2023 EPA Automotive Trends Report, released last week, showed that automakers significantly ramped up hybrid and EV sales from model years 2017 to 2022. During that time...

Nio ET9 flagship EV debuts super-fast charging and battery swapping

Nio CEO William Li introduces the Nio ET9Chinese automaker Nio recently unveiled its new flagship EV—a large sedan called the ET9. Measuring 209.6 inches long (with a 127.9-inch wheelbase), 79.3 inches long, and 63.7 inches tall, the ET9 is just over a foot longer than a Lucid Air. It's taller as well, but the Lucid is wider. And both cars emphasize fast charging. Nio opts for 925...

Report: China leads in EV recycling, creating a circular economy

Volkswagen battery recyclingChina is leading the U.S. and Europe on EV battery recycling, according to a new Bloomberg report, and it may add to China's EV advantages in the future. The battery-recycling business in China is booming, according to the report, which cites data from consultancy Circular Energy Storage showing that "the nation dominates when it comes to...

EV tax credit shifts to rebate Jan. 1, and not all dealers are ready

Mercedes-Benz dealership in New York CityMany U.S. car dealerships have not registered to begin offering the federal EV tax credit at the point of sale when that option becomes available Jan. 1. More than 7,000 dealerships have registered with the IRS to offer tax credits of up to $7,500 as point-of-sale rebates, the U.S. Treasury Department said Friday. But there are nearly 17,000...

US government sets a high bar for clean hydrogen handouts

Toyota Project Portal 2.0 fuel cell-powered semi-trailer truckThe Biden administration on Friday outlined requirements for a hydrogen-production tax credit—with tight restrictions aimed at ensuring the hydrogen produced really helps lower emissions. Known as the Clean Hydrogen Production Credit, the tax credit was created as part of the Inflation Reduction Act (IRA) to help spur large-scale production...

Audi and Porsche have a safer mobile charging cable for EV, PHEV models

2024 Audi e-tron GTAudi and Porsche are conducting a recall of 240-volt Level 2 AC charging cables for EVs and plug-in hybrids. The recall covers 93,196 Audi vehicles in the U.S. from model years 2019 to 2024, including the E-Tron and E-Tron Sportback, Q4 E-Tron and Q4 E-Tron Sportback, and E-Tron GT EVs, as well as the Q5 plug-in hybrid. Porsche is recalling 41,345...

Report: US considers hiking China EV tariff above 25%

2022 Xpeng G9The Biden administration is considering raising tariffs on Chinese EVs above 25%, The Wall Street Journal reported Thursday. The administration has left in place Trump-era tariffs on roughly $300 billion of Chinese goods, but is now considering additional tariffs, according to the report, which cited anonymous sources familiar with the matter...