Tesla Reports Record Profit but Warns of Supply Problems
The carmaker had a profit of $5.5 billion as sales of its electric vehicles continued to surge, especially in China and Europe.
Kia EV6 pricing, Made-in-Michigan GM EVs, Foxconn’s Lordstown: Today’s Car News
Foxconn is getting ready to help make the Lordstown Endurance electric truck. The Kia EV6 costs a little more than its Ioniq 5 cousin. And GM reveals a next big step toward scaling up electric truck production. This and more, here at Green Car Reports. GM on Tuesday announced plans to convert its Orion Assembly plant in Michigan for production of... 2022 Kia EV6 starts at $42,115, gets an EPA-rated 310 miles in some versions
Kia on Tuesday released pricing information for its 2022 EV6 electric car, which starts arriving at dealerships in February. The 2022 Kia EV6 starts at $42,115 in base form, which makes it slightly more than the Hyundai Ioniq 5 and Volkswagen ID.4 but less than the entry price of a Ford Mustang Mach-E. If buyers are eligible for the $7,500 EV tax... Lordstown Endurance electric pickups will be delivered in 2022, claims Foxconn chairman
Lordstown will begin delivering electric pickup trucks this year, according to the chairman of Foxconn, the company that now owns the EV startup's Ohio factory. "Electric pickups made in cooperation with Lordstown will begin shipping in the second half of this year, Young Liu said in an interview with Nikkei Asia published Sunday. He also said... GM: 1 million EVs in North America annually by 2025—including 600,000 electric trucks
General Motors on Tuesday issued an update on its EV plans, including confirmation of two Michigan sites for EV manufacturing and battery production. Confirming an earlier report, GM said in a press release that will spend $4 billion to convert its Orion Assembly plant in Orion Township, Michigan, to build electric pickup trucks. The automaker... E-bike sales surge, solid-state tech, Nissan EV plan: Today’s Car News
The e-bike market pulls past electric cars again. One of the top solid-state battery tech firms pushes ahead. And is Nissan preparing to ramp up its EV plan across an Alliance? This and more, here at Green Car Reports. The solid-state battery firm Factorial Energy reported that it’s raised another round of money, with investors including... General Motors to Spend $7 billion on Electric Vehicle Plants
The automaker will build a battery plant and overhaul an existing factory to produce electric pickup trucks, creating 4,000 jobs.
Battery firm Factorial aiming to provide cells for EV testing, claiming up to 50% range boost
Solid-state battery firm Factorial Energy is nearly ready to provide test cells to automakers, the company said last week in a press release announcing completion of its Series D funding round. Factorial said it raised $200 million in the round, which was led by Mercedes-Benz and Stellantis. Both automakers announced plans to invest in Factorial... The top-selling electric vehicles in the U.S. have two wheels
E-bikes might be more than a fad brought on by the pandemic. According to data from Bloomberg New Energy Finance (BNEF) and the Light Electric Vehicle Association (LEVA)—considering import data—e-bikes are the best-selling electric vehicles in the U.S., with 2021 sales significantly surpassing those of electric cars. Americans bought... Report: Nissan, Renault, Mitsubishi EV plan might boost models, platforms
Once an EV leader, the Renault Nissan Mitsubishi Alliance has fallen behind. But on Thursday the automaker will unveil an ambitious EV plan that could help it make up lost ground, Reuters reported Sunday. "The Alliance to 2030" plan would include a $23 billion investment over the next five years, as well as plans for 30 new electric models... Rural gas-station charging, Tesla insurance, Model 3 subscriptions, GM EV factory: Today’s Car News
Tesla insurance expands, and several new subscriptions allow the Tesla Model 3 by the month. GM could soon be announcing another EV factory. And rural convenience stores want to be charging hubs. This and more, here at Green Car Reports. Where do we locate rural charging infrastructure? In Congressional testimony earlier this month, it was made... Convenience stores want to bring EV charging to rural America
Is rural America ready for electric vehicles? And where would you charge your Ford F-150 Lightning or Tesla Cybertruck when out on a long ranch errand? Although a hearing of the House Committee on Agriculture earlier this month included plenty of testimony about rural America not being ready for EVs—cast into what many will hear as... Tesla insurance is offered in five states, with real-time behavior impacting rates in all but California
Tesla insurance is now available in five states, with rates based on analysis of real-time driving behavior in four of them. An expansion to Arizona and Ohio was first reported by Electrek Thursday. It was previously available in California, Illinois, and Texas as well. Tesla's website notes that insurance based on real-time driving behavior is... Report: GM plans more Michigan EV assembly, battery plant
General Motors plans to invest $6.5 billion at two Michigan sites for EV assembly and battery production, Automotive News (subscription required) reported Friday. The investment includes a new battery plant in Lansing, Michigan, that would be part of the Ultium Cells LLC joint venture with battery supplier LG Energy Solution, according to the... Want to try life with an EV? Subscribe to a Tesla Model 3
Adopting the electric-car lifestyle requires a change in mindset, especially with respect to charging. And if you think you’re ready for an EV but want to test how living with one works, there are now a few ways to try before you buy (or lease)—with a Tesla Model 3, of course. One of those ventures offering the Tesla Model 3 for... Electrified Airstream, all the EVs due in 2022, battery swapping big time: The Week in Reverse
Which automaker proposed powering EV fast-charging stations with fuel cells? Which big multinational company sees fast-charging profitable by later in the decade? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending January 21, 2022. We rounded up all the EVs arriving in 2022, laying them out... Cadillac Lyriq update, Rivian glamping, EVs a political choice: Today’s Car News
Glamping getaways get destination chargers, thanks to Rivian. GM is getting ready for the arrival of Cadillac’s first fully electric vehicle. And is the shift to emphasize EVs all about politics? This and more, here at Green Car Reports. A top GM executive has confirmed that pre-production of the 2023 Cadillac Lyriq electric SUV has... Partnership enables Rivian electric truck charging while glamping
Rivian is partnering with hospitality company Under Canvas to provide EV charging at the latter's glamping sites. Under the partnership, Rivian will provide its Waypoint Level 2 chargers at Under Canvas sites in Utah, positioned near two popular outdoor destinations: Moab and Lake Powell. The sites offer a more upscale alternative to traditional... EV tech is the choice of politicians, not industry, claims European CEO: True for US?
Ahead of a new strategic plan to be announced March 1, the CEO of Jeep, Chrysler, and Dodge parent company Stellantis isn’t sounding at all bullish on electric vehicles. The CEO, Carlos Tavares, called the rapid shift to ban internal combustion vehicles by 2035 a political choice with various environmental and social risks—and he... GM’s former Saturn plant is already starting to make Cadillac electric SUVs
The first pre-production 2023 Cadillac Lyriq electric SUV has rolled off the assembly line at General Motors' Spring Hill, Tennessee, factory, GM president Mark Reuss announced Thursday on LinkedIn. GM is aiming to ship the first customer vehicles in "a few months" Reuss said. That means the automaker could meet the first-quarter 2022 deadline it...