Tesla’s share of US EV market has shrunk despite price cuts

Tesla chargingAmid a growing U.S. EV market, both the average price of a Tesla and the automaker's market share decreased substantially in the third quarter of 2023, new data from Kelley Blue Book shows. EV transaction prices were down overall in Q3. In September, the average price paid for an EV was $50,683, down from $52,212 in August and down from more than...

Toyota aims toward solid-state EV battery production with partnership

Toyota solid-state battery prototypeToyota is partnering with Japanese oil company Idemitsu Kosan to move solid-state EV battery tech closer to production. The partnership will progress through three phases, the two companies said in a joint announcement Thursday. The first phase will focus on development sulfide solid electrolytes (the solid electrolyte is where solid-state...

2024 Kia EV9 range: 3-row EV tops 300 miles on less than 100 kwh

2024 Kia EV9Kia on Thursday confirmed final EPA range estimates for its 2024 EV9 electric SUV—and they’re better than originally targeted. The 2024 Kia EV9 will return up to 304 miles of EPA range with its 99.8-kwh battery pack, Kia revealed, in the EV9 Light Long Range. And the base EV9 Light, with its 76.1-kwh battery, will return 230 miles...

Aptera shows solar EV is closer to production, omits timeline

Aptera Sol alpha prototypeAptera this week gave an update on its solar-assisted EV, but still hasn't provided a firm timeline for production. The Aptera 3-wheeler uses integrated solar panels to boost range up to 1,000 miles in some versions, with enough power to outrun some sports cars, Aptera has claimed. It can also be charged conventionally, and Aptera was the first...

Lexus concepts preview transformation “into a battery EV brand”

Lexus teaser for 2023 Tokyo auto showLexus will unveil multiple concept cars at the 2023 Tokyo auto show which the automaker claims will preview a shift toward EVs. At the show, Lexus will "debut its next-generation battery electric vehicle concept model lineup, with the aim of transforming into a battery electric vehicle brand by 2035," according to a press release from Lexus parent...

Kia details EV5 and previews affordable EVs, none yet US-bound

Kia EV Day, October, 2023Kia on Thursday hosted its first Kia EV Day outside of Seoul, where the South Korean company shared specifications on its EV5 electric compact crossover, which was revealed in August, and unveiled two electric concept vehicles. All three vehicles will make it to production, and they are intended to make Kia electric vehicles accessible to more...

EV leasing has surged: Is it subsidized by Biden’s leasing loophole?

2023 Hyundai Ioniq 5The effects of the Biden administration’s Inflation Reduction Act can already be seen in various ways in the EV market. And one of them, recent data suggests, is an abrupt uptick this year in the portion of EVs leased rather than bought. While the IRA re-upped the federal EV tax credit of up to $7,500 for qualifying vehicles, it established...

Analysis: IRA will double US EV sales by 2030 vs. previous forecast

Ford Mustang Mach-E at Port of Drammen, NorwayProvisions of the Inflation Reduction Act (IRA) could more than double U.S. EV sales compared to previous projections, according to new analysis from S&P Global Mobility. A pre-IRA forecast saw two million U.S. EV sale by 2030. Now, with IRA-influenced trends like greater automaker investment in EV manufacturing, as well as a revamped federal...

2024 Kia EV9 reservations open soon, price tops out at $75,395

2024 Kia EV9Reservations for the 2024 Kia EV9 open October 16, the automaker announced Monday alongside full pricing details for the three-row electric SUV. Kia revealed a starting price of about $56,000 last month, announcing a $54,900 price for the base EV9 Light in single-motor, rear-wheel drive form before destination. The automaker has now confirmed a...

Nissan Hyper Urban EV brings a design edge to off-roading

Nissan Hyper Adventure conceptNissan on Tuesday previewed what it might see as the future for an electric SUV that also makes a very edgy design statement. Called the Hyper Adventure concept, it’s the second in a series of “advanced EV concepts” due to debut October 25 at the Tokyo auto show. Following the Hyper Urban concept revealed last week and appearing...

Toyota Lunar Cruiser EV concept could preview earthbound SUV

Toyota Baby Lunar Cruiser conceptToyota recently unveiled an EV concept that blends styling elements from classic Land Cruiser off-roaders with those of the automaker's proposed lunar rover. Dubbed the Baby Lunar Cruiser, the concept was created to celebrate 50 years of CALTY, Toyota's California design studio, according to a press release from the automaker. In addition to...

2023 Nissan Ariya EV recall issue requires in-person software fix

2023 Nissan Ariya e-4orceThe 2023 Nissan Ariya is being recalled for a software issue that could cause the loss of drive power. The Ariya launched for the 2023 model year after several delays, so the recall population is fairly small, at 9,813 potentially affected units including both single-motor front-wheel drive and dual-motor all-wheel drive models. In these vehicles...