EV materials from Japan may be tax-credit-eligible with trade pact

2023 Nissan Ariya e-4orceA trade pact could make EVs with battery materials sourced from Japan eligible for federal tax credits, the Japan Times reported Tuesday. The Inflation Reduction Act (IRA) requires major battery components and critical minerals to be sourced from countries with which the U.S. has a free trade agreement, a rule that has drastically cut the number...

Aptera solar EV will be first to get Openpilot driver-assist tech

Aptera announces Openpilot integrationAptera will integrate the Openpilot driver-assistance system with its electric three-wheeler, giving the vehicle, which is classified as an autocycle, tech similar to passenger cars. Openpilot will add adaptive cruise control, lane centering, and forward-collision warnings, along with a driver monitoring system that ensures drivers will remain...

LG plans $5.5B Arizona battery plant as largest in America

Lucid Air battery cellsLG Energy Solution on Friday announced a $5.5-billion battery manufacturing complex in Queen Creek, Arizona. The company claims the plant will be the largest battery-making investment in the U.S. to date. The complex will consist of two manufacturing facilities—one for 2170-format cylindrical battery cells for EVs, and another for pouch-type...

2024 Hyundai Sonata Hybrid refresh will embrace sporty side

2024 Hyundai SonataHyundai on Sunday previewed the direction of a mid-cycle refresh due for the midsize Sonata sedan—and Sonata Hybrid—for the 2024 model year, with additional details due to be revealed on March 30. Hyundai describes the refresh as “more than a simple facelift for the current generation of the midsize Sonata sedan, which arrived in...

Tesla Model 3 leads a nosedive in used EV prices

2019 Tesla Model 3Used car prices have fallen sharply over the past year, led by the Tesla Model 3, according to new analysis from iSeeCars. Overall used car prices are down 4.7% from September and 8.7% from a year ago, according to the analysis, which is based on the average listing prices of over 1.8 million 1-5-year-old used car sales in Feb. 2022 and...