Airless tires could be a step closer. Vinfast gets a funding boost. And EVs still cost a whole lot extra in some cases to insure. This and more, here at Green Car Reports. A $2.5 billion boost for Vietnam’s Vinfast may help keep the company moving even if its IPO gets delayed—allowing the company to keep pushing along with its vision...
Electric vehicles continue to be vastly more expensive to insure than gasoline models, on average—hybrids included. According to Consumer Reports, citing national-average data from The Zebra, an insurance comparison tool, the Chevrolet Bolt EV costs slightly more to insure than the Toyota Prius or Hyundai Ioniq Blue hybrids. The Tesla Model...
Michelin has been testing airless tires for years with an eye toward EV use. While they still aren't ready for production, executives believe they could be a good fit for autonomous vehicles and law enforcement. European police forces have expressed interest in airless tires because, unlike conventional pneumatic tires, they can't be shot out...
Vinfast has secured additional funding pledges worth $2.5 billion, the company confirmed Wednesday. That may allow it to keep it moving smoothly ahead of its planned U.S. stock-market listing and past that timeframe. Of the new funding pledges, $1 billion will be provided as a non-refundable grant—the language used by the...
The billionaire plans to compete with OpenAI, the ChatGPT developer he helped found, while calling out the potential harms of artificial intelligence.
The billionaire plans to compete with OpenAI, the ChatGPT developer he helped found, while calling out the potential harms of artificial intelligence.
Teslas aren’t losing much driving range over the long haul. Costco isn’t interested in EV charging yet. And Honda steps up the timeline for its in-house EVs. This and more, here at Green Car Reports. The first mass-market, in-house-developed EV from Honda will arrive in 2025 for North America, executives confirmed Wednesday as part of...
Costco was one of the first retail chains to offer EV charging, but it has no plans to bring it back. "It's not happening in the next few years," Costco CFO Richard Galanti said during a recent company earnings call, as cited by The Street, after being asked if he was concerned that EV mandates might make Costco's lucrative gas stations obsolete...
On average, the Tesla Model S and Model X lose less than 12% of range after 200,000 miles. That figure comes from a slide in the automaker's just-released 2022 Impact Report, where Tesla also noted that it estimates most of its U.S.-market vehicles get scrapped when they reach that amount of mileage. In Europe, Tesla estimates most of its cars are...
The timeline has been pulled earlier for Honda’s first dedicated electric vehicle engineered in-house for high-volume production. That yet-unnamed mid- to large-sized EV built on “Honda’s original dedicated EV platform” will go on sale in 2025 for North America—stepped up from a targeted 2026—top Honda...
The Chevy Bolt EV and EUV reach the end of the line later this year, and GM plans a battery plant with Samsung. Lucid teased its Gravity as it nears a debut. EPA range ratings aren’t highway ratings. And should EV policy look at those most dependent on gasoline? This and more, here at Green Car Reports. General Motors this morning confirmed...
GM and Samsung SDI announced Tuesday that they will form a joint venture for battery production. In a release, the companies made clear that this joint venture, starting with more than $3 billion, won’t initially be making batteries that directly replace or augment the brand’s Ultium cell strategy developed with LG. The new plant will...
EV policy will achieve the greatest climate benefit by prioritizing those that use the most gasoline, according to the advocacy group Coltura. The group recently released a new study building on findings published in 2021 which found that one in 10 drivers burn nearly a third of U.S. gasoline. Coltura coined the term gasoline "superusers" to...
Automakers are pouring money into research and development facilities, creating spaces intended for creativity and collaboration among design and engineering teams.
California’s Lucid Motors today revealed a couple of first photos of its upcoming Gravity electric SUV undergoing testing—in camouflaged form—on U.S. public roads. The Gravity is due for a production start in 2024, with an official detail, specification details, and an opening of the reservation queue all expected soon this...
GM will discontinue the Chevrolet Bolt EV hatchback and Bolt EUV small crossover at the end of the year, GM CEO Mary Barra told investors on Tuesday. The Orion Assembly plant used to make the Bolt EV will shift production to electric trucks such as the Silverado EV that use GM's more sophisticated Ultium propulsion system. That marks the end of...
EPA fuel-economy ratings have city, highway, and combined categories, but range ratings for EVs only include the latter. There's a reason for that. A new paper published by SAE International and co-authored by Car and Driver testing director Dave VanderWerp emphasizes that the EPA combined EV range rating isn't a number reflective of highway...
The decline over the first three months of 2022 was primarily the result of the short-term costs of job cuts and slower sales in China.
California might require bidirectional charging. Utah takes from the EV drivers and gives to the gas guzzlers. And when will new vehicles with tailpipes become tone-deaf? This and more, here at Green Car Reports. A cumulative 1.5 million plug-in vehicles have been sold in California, the state reported last week. It’s hit that target about...
California is farther ahead on the road to electric vehicle adoption than it anticipated a decade ago. Governor Gavin Newsom last week announced that the state had passed a cumulative 1.5 million cumulative plug-in vehicle sales. That’s two years ahead of a goal set by previous California Governor Jerry Brown, aiming to hit that number by...
