Study: Brands not meeting EV demand will lose market share

2023 Toyota HighlanderAutomakers that don't meet growing demand for EVs will gradually lose market share and struggle to find buyers for internal-combustion vehicles, Consumer Reports predicts. A recent study by the publication's advocacy arm found that constricted supplies of EVs are creating pent-up demand that will play out over the next few years, reducing the...

Base Ford F-150 Lightning price hiked again, now above $60,000

Ford F-150 Lightning: The Car Connection Best Car To Buy 2023On Thursday, Ford once again hiked prices on its base F-150 Lightning Pro. The latest adjustment, adding onto markups made in December, adds $4,000 to the base version of the fully electric F-150—meaning it now adds up to $61,869 including the mandatory $1,895 destination charge. This is the fourth major price increase for the fully electric...

Jeep Magneto 3.0 EV concept points toward production Recon

Jeep Wrangler Magneto 3.0 ConceptJeep on Thursday unveiled another iteration of its Magneto electric Wrangler concept as it moves toward launching its first production EVs for the U.S. Like the previous versions, the Jeep Magneto 3.0 concept was unveiled alongside several other concept vehicles at the annual Easter Jeep Safari in Moab, Utah. With the Wrangler-inspired Jeep Recon...

Tax credits for many American-made EVs will drop on April 18

2022 Bolt EV assembly - battery marriageThe U.S. Department of the Treasury on Friday posted guidance for battery materials, helping to clarify whether those buying EVs as soon as later next month will be able to claim the $3,750 credit dedicated to this under the new Clean Vehicle Credit. Based on an initial look, the rules will cast a wide net that follows the more liberal definition...

Faraday Future starts making FF91, ahead of April 26 launch event

Faraday Future FF91 body shell at Faraday Future on Wednesday announced the start of production of its FF91 electric SUV, although the company hasn't actually shown any completed customer vehicles yet. Photos from the start-of-production ceremony at Faraday's Hanford, California, factory show only a body shell. The company said it will host a "launch event" for the FF91, which it...