Senator Joe Manchin this week introduced a bill seeking to delay federal EV tax credits, claiming the Treasury Department isn't adhering to recently enacted rules. The federal tax credit of up to $7,500 for qualifying vehicles was re-upped under the Inflation Reduction Act (IRA) passed last year, but with added requirements including one that EVs...
In what would be a major strategy shift, Toyota is considering a dedicated EV platform similar to what other automakers have to compete more effectively with Tesla, The Asahi Shimbun reported this week. However, Toyota doesn't plan to deploy this platform until 2027 or 2028, when it believes consumer demand for EVs will be sufficient to warrant...
Audi has saved the most intriguing—and arguably, most American—of its four sphere concepts for last: an electric pickup. Well, sort of. The Activesphere concept is “a master of metamorphosis,” as Audi puts it—a coupelike hatchback with an elongated roofline, in which the entire rear section folds horizontally, then...
Audi has saved the most intriguing—and arguably, most American—of its four sphere concepts for last: an electric pickup. Well, sort of. The Activesphere concept is “a master of metamorphosis,” as Audi puts it—a coupelike hatchback with an elongated roofline, in which the entire rear section folds horizontally, then...
Cylindrical batteries are being considered by GM, according to a report from South Korea. Tesla is ramping up its new battery cells in Nevada for much more than the Semi. And will Tesla tease more about a Robovan, a Model 2, or something completely different in just over a month? This and more, here at Green Car Reports. Tesla announced a $3.6...
Akio Toyoda, who has been reluctant to embrace all-electric vehicles, will be succeeded as C.E.O. by a Lexus executive.
In a potentially significant shift for the Detroit automaker, General Motors is considering cylindrical battery cells for future EVs, according to TheElec, a battery-focused South Korean trade publication. GM has favored pouch cells supplied by South Korean supplier LG Energy Solution, but could switch to the 4680-format cylindrical cells used by...
Tesla has a number of other future products under development, it teased on Wednesday, as part of its quarterly update for investors. And while there’s no guarantee we’ll get an update on persistent rumors like the affordable Model 2, some of those upcoming products may be revealed as part of a March 1 Investor Day. With scaled-up Semi...
Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.
Tesla has confirmed a $3.6 billion expansion of its Nevada battery "Gigafactory" that the company claims will supply over one million EVs annually. The investment will add 3,000 new jobs and two new factories at the Sparks, Nevada, site, Tesla said in what reads as a press release—with a few more details confirmed as part of Tesla's...