Volvo cancels its highest-mpg hybrid. Kia might be thinking Mexico for its upcoming affordable EV. FIsker has gone belly up on the Ocean. And why don’t Americans drive their EVs more? This and more, here at Green Car Reports. The American EV startup automaker Fisker filed for bankruptcy Monday after it failed to gather enough new investment...
The company became the latest electric vehicle start-up to fail to meet investors’ expectations after a high-profile public debut.
U.S. EVs average less annual mileage than other vehicle types, according to the Department of Energy (DOE). But that isn't the case in other countries with significant EV fleets. According to the 2022 National Household Travel Survey, EVs averaged 12,400 miles per year. That's compared to 14,100 miles for gasoline vehicles and a high of 17,500...
The Kia EV3 electric SUV could be assembled in Mexico for the U.S. market, a move that could allow it to be eligible for a federal tax credit and hit a $30,000 price point, reports Korean Car Blog (via Electrek). "Kia is developing a distinct North American model" of the EV3, to be built at the automaker's factory in Monterey, Mexico, starting...
Fisker filed for bankruptcy protection in Delaware The startup automaker estimates liabilities between $100 million and $500 million Fisker halted production with contract Magna Steyr in March Electric vehicle manufacturer Fisker on Monday filed for bankruptcy after the company failed to secure new investment to help get production of its Ocean...
The Volvo S60 sedan—which in Recharge form is currently the Swedish automaker's most efficient plug-in hybrid—is being discontinued in the U.S. Motor1 first reported that S60 production would end at Volvo's Ridgeville, South Carolina, factory (located near the city of Charleston) this month. That was telegraphed by Volvo in 2021, when...
Last week’s Tesla shareholder buzz brought some product and battery news. And at the same time that EV rejectors keep citing cost as the primary reason why they don’t work, the cost of new EVs keeps settling and used EV prices have plunged. This and more, here at Green Car Reports. We already knew that new EV transaction prices have...
Americans aren't very enthusiastic about EVs, with cost, range anxiety, and charging among the main concerns, according to a new consumer poll by the Associated Press–NORC Center for Public Affairs Research and the Energy Policy Institute at the University of Chicago (EPIC). Researchers polled 6,265 U.S. adults between March 26 and April 10...
Average used EV prices fell below average prices for used gasoline cars in February, and have continued to decrease since then, according to iSeeCars. Used EV prices stabilized in 2023, after roughly two years of surges, but they've fallen significantly so far this year, iSeeCars found in an analysis released earlier this month. That trend is...
Acting quickly after the European Union imposed extra tariffs of up to 38 percent on China’s electric cars, Beijing opened a trade case on Europe’s pork.
La conducción asistida por computadora cuenta con apoyo oficial y aceptación pública, pero los medios estatales rara vez informan de accidentes y las publicaciones en internet están censuradas.
Akio Toyoda ran Toyota for 14 years before handing the reins to a new C.E.O. last year, but some have grown concerned about the control he still wields.
How are BMW and VW using AI in their EVs? Why are lawmakers pushing back about how EVs figure into fleet efficiency standards? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending June 15, 2024. This week Green Car Reports provided first impressions of two upcoming models that prioritize...
Tesla CEO Elon Musk, in Thursday’s annual shareholder meeting, called himself “a helpful accelerant” to the company’s future, as shareholders approved a pay package for Musk valued at $46 billion based on current stock prices. Meanwhile, one aspect that was due to change the company’s trajectory, cut costs, and enable...
Tesla is developing three new EVs, but appears to have nixed the second-generation Roadster. During the automaker's 2024 stockholder meeting, which was live-streamed on YouTube Thursday, CEO Elon Musk announced three upcoming "amazing" EVs and showed a slide with three vehicles under covers alongside the current Tesla lineup. However, the Roadster...
Honda sets itself up for more affordable EVs with battery leasing. VW re-ups its ID.4 EV and expands its ChatGPT assistant. Jeep reveals more about its $25,000 model expected to arrive as soon as next year. And should we recalculate how EVs are figured into U.S. mpg rules? This and more, here at Green Car Reports. A $25,000 electric Jeep is...
In their ongoing effort to push back against stricter emissions standards expected to lead to more EV sales, Senate Republicans have drafted a bill calling for regulators to change the way EV efficiency is calculated. Dubbed the Recalculating Electric Vehicle Efficiency for Accuracy and Legitimacy (REVEAL) Act, the bill questions the methods the...
Investors voted overwhelmingly to reinstate the C.E.O.’s multibillion-dollar compensation package, inextricably tying the car maker’s future to the tech billionaire.
About 72 percent of the shares in the balloting affirmed the lucrative stock award to the chief executive in a bid to get a court to reinstate it.
Stellantis CEO Carlos Tavares said in a recent interview that a $25,000 Jeep EV is coming to the U.S. soon. Now we know that it will expand on the Renegade nameplate, which was previously given to a small gasoline crossover that was discontinued after the 2023 model year. First spotted by MoparInsiders, the Renegade name was confirmed in...
