For Michigan’s Economy, Electric Vehicles Are Promising and Scary
In a presidential battleground state, electric vehicles have emerged as a contested piece of the economic future — a job-killer or a job-creator.
How China Built BYD, Its Tesla Killer
The leading Chinese electric vehicle company, with origins as a battery maker, has posted two years of million-car growth in sales.
GM taps ex-Tesla battery chief to deliver cheaper EVs sooner
General Motors has hired former Tesla battery-development boss Kurt Kelty as its new vice president of batteries. In this newly-created position, Kelty will be tasked with bringing together GM's development resources "to more quickly deliver profitable, lower-cost, higher performing electric vehicles to customers at scale," and will report... How Ford’s F-150 Lightning, Once in Hot Demand, Lost Its Luster
Some buyers said the electric Lightning did not meet expectations, and Ford has slashed its production plans for the pickup because sales are lagging.
G.M. Profits Hurt by Unsold Electric Vehicles and Strike
The automaker has placed a bet on battery-powered cars, but it has struggled to produce and sell the vehicles in large numbers.
Truck Makers Team Up to Push for Electric Vehicle Chargers
Daimler, Navistar and Volvo have been criticized for not selling many electric heavy trucks, but the companies say the country first needs many more chargers.
Tesla Profit Doubles From Tax Effect, but Price Cuts Hurt
Quarterly earnings soared from a year earlier after the company booked a tax benefit, but increased competition and a price war took a toll, the electric-car maker said.
Hybrid Cars Enjoy a Renaissance as All-Electric Sales Slow
Automakers like Ford, Kia and Toyota are offering more hybrid options to appeal to buyers who aren’t ready for fully electric vehicles.
Battery cost makes affordable Toyota EV unlikely, exec says
An entry-level Toyota EV is unlikely in the near future due to high battery costs, an executive said in a recently published interview with Autocar. Some automakers are launching small, affordable EVs for the European market, but Toyota currently has no plans to follow them, Andrea Carlucci, the automaker's European development boss, said. That's... Tesla Drivers in Chicago Confront a Harsh Foe: Cold Weather
In freezing temperatures, the batteries of electric vehicles can be less efficient and have shorter range, a lesson many Tesla drivers in Chicago learned this week.
China’s BYD Sold 3 Million Electric Vehicles and Hybrids in 2023
Sales by BYD, the country’s dominant automaker, topped 3 million last year, including 1.6 million fully battery-powered cars in a sign of China’s rapid growth in EVs.
Report: China leads in EV recycling, creating a circular economy
China 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... Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024
Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.
Ford Will Cut Planned Electric F-150 Production as Demand Slows
Ford and other automaker have had to readjust their electric vehicle production plans because sales have been weaker than they had expected.
Why Volkswagen Is Hiring 3,000 Engineers in China
Volkswagen is shifting more operations to China, tapping the country’s electric vehicle capacity and building factories.
Tiny Electric Vehicles Pack a Bigger Climate Punch Than Cars
Two- and three-wheeled vehicles, used by billions of people, are moving away from fossil fuels to batteries faster than cars in countries that have made the energy transition a priority.
E.U. Relaxes Trade Rules on Electric Cars From Britain
The British and European car industries had lobbied for a delay in a measure that would have added costly tariffs to many electric vehicles.
E.U. Relaxes Trade Rules on Electric Cars from Britain
The British and European car industries had lobbied for a delay in a measure that would have added costly tariffs to many electric vehicles.
Will reengineered battery packs for Rivian R1S, R1T lower prices?
Rivian is developing a simplified battery-pack structure for its R1S electric SUV and R1T electric pickup truck, CFO Claire McDonough said in a recent interview. Around the 14-minute mark in the roughly 40-minute interview, conducted during Barclays' 2023 Global Automotive & Mobility Tech Conference (and first spotted by Electrek), McDonough... DOE rules on foreign content could cut tax credit on some EVs
The Department of Energy (DOE) on Friday issued proposed guidance on foreign battery content in EVs that could cut the federal tax credit for some models. But it also provides a clearer picture for automakers and battery suppliers. Starting Jan. 1, EVs are ineligible for the federal tax credit of up to $7,500 if they have key battery components...