Legacy automakers are still losing thousands of dollars on many EV sales, according to newly published analysis from the Boston Consulting Group. BCG estimates that most automakers lose around $6,000 on each EV they effectively sell for $50,000, that price accounting for any tax credits or other incentives the customer might be eligible for...
Mercedes-Benz is scrapping extended-range EV powertrains after tests of prototypes, according to an Autocar report citing an anonymous source with knowledge of the matter. Mercedes built and tested some prototypes based on existing models, "concluded that the range-extender drivetrain is a transitional technology with a relatively short-term...
The 2024 Lucid Air Grand Touring—the longest-range version of the Air luxury sedan—gets some small but notable changes for the current model year, Lucid announced Wednesday in a press release. The Grand Touring is the second Air model to get a heat pump, after the high-performance Sapphire. As previously shown in other EVs, a heat pump...
The electric vehicle maker will ask shareholders to vote again on a multibillion-dollar compensation package that was voided by a judge in January.
The electric vehicle maker will ask shareholders to vote again on a multibillion-dollar compensation package that was voided by a judge in January.
And what would that mean for the climate?
Maserati might have the first U.S. electric convertible in years. Mercedes adds lower-priced versions of its eSprinter. GMC sets the price, range, and more for the arrival of its Sierra EV pickup. And we look at how the Hyundai Ioniq 5 N gamifies its interface to actually make driving more enjoyable. This and more, here at Green Car Reports. In a...
GMC confirmed on Tuesday that the limited-edition launch version of its 2024 Sierra EV pickup will arrive in summer 2024—with about 10% more EPA range than originally suggested. The full-size electric truck, touted to be the “Denali of EVs,” bears GMC’s top-luxury Denali badge and will offer a CrabWalk mode, unlike the...
The Maserati GranTurismo Folgore is getting a convertible sibling that will create a new EV market niche in the U.S. Unveiled Monday, the Maserati GranCabrio Folgore is scheduled to arrive in the U.S. in the fourth quarter, as a 2025 model, with a price tag of more than $200,000 that will likely make it the first true luxury electric convertible...
The good folks at Hyundai have scrambled my brain with the 2025 Ioniq 5 N, a devilish little electric compact crossover that might just be a motorsports game-changer. Most electric vehicles are a blast to drive in a straight line, with incredible acceleration and accessible power. But their weight becomes a liability on the race track, and battery...