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Volkswagen To Make Good with Bringing $35,000 Electric Vehicle in next 3-4 Years

Volkswagen To Make Good with Bringing $35,000 Electric Vehicle in next 3-4 Years

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Volkswagen is making good on the promise to introduce an affordable electric vehicle (EV) priced under $35,000 to the U.S. market within the next 3-4 years. The announcement was made  Full Article »

Automotive

GM & Stellantis Among Investors in $33M Company Producing Magnets without use of Rare Earth Metals

GM & Stellantis Among Investors in $33M Company Producing Magnets without use of Rare Earth Metals

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General Motors (GM) and Stellantis, two major automotive manufacturers, are part of a group of investors who have collectively injected $33 million into a Minnesota-based company called Niron Magnetics. Niron  Full Article »

Automotive

Ford Supposedly Losing $36,000 On Every Electric Vehicle Sold

Ford Supposedly Losing $36,000 On Every Electric Vehicle Sold

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Ford is facing challenges in the electric vehicle (EV) market, as recent reports indicate that they are losing approximately $36,000 on each EV they sell. Following a challenging third quarter,  Full Article »

Automotive

Bumpy Ride Ahead: Electric Vehicle Transition Crawls as Industry Grapples with Hurdles

Bumpy Ride Ahead: Electric Vehicle Transition Crawls as Industry Grapples with Hurdles

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The transition to electric vehicles (EVs) in the United States has hit a series of roadblocks, causing industry leaders to reconsider the speed at which this transformation is occurring. EV  Full Article »

Automotive

Toyota More than Doubles Investment in NC Battery Plant Spending Additional $8 Billion

Toyota More than Doubles Investment in NC Battery Plant Spending Additional $8 Billion

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Toyota is increasing its investment in the Toyota Battery Manufacturing North Carolina plant, with an additional $8 billion being poured into the project. This marks the second expansion of the  Full Article »

Automotive

Economist: EV Market Could Be Next Big Flop

Economist: EV Market Could Be Next Big Flop

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In a recent statement, economist Steve Moore, affiliated with the Trump administration, expressed skepticism about the future of electric vehicles (EVs) in the automotive market. Moore drew parallels to a  Full Article »

Automotive

BP Orders $100 Million-Worth of Tesla Ultra-Fast EV Charging Units

BP Orders $100 Million-Worth of Tesla Ultra-Fast EV Charging Units

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In the efforts to expend the electric vehicle (EV) charging industry, BP’s EV charger unit has made a considerable $100 million order for Tesla’s ultra-fast charging units. This marks the  Full Article »

Automotive

EV Demand Uncertainties Spread as Tesla Joins GM, Ford in Cautious EV Production Expansion

EV Demand Uncertainties Spread as Tesla Joins GM, Ford in Cautious EV Production Expansion

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The electric vehicle (EV) industry, which had been accelerating at a rapid pace, is now encountering uncertainties that have sent ripples across major players, including Tesla, General Motors (GM), and  Full Article »

Automotive

Some Electric Grids Around Globe Fail To Keep Up With Green Energy Push

Some Electric Grids Around Globe Fail To Keep Up With Green Energy Push

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The International Energy Agency (IEA) has raised a significant alarm concerning the global transition to renewable energy sources. Their recent report highlights the critical issue of underinvestment in electrical grids  Full Article »

Automotive

When Will We See Solid-State Batteries in New Toyota EVs with 600+ Miles of Range?

When Will We See Solid-State Batteries in New Toyota EVs with 600+ Miles of Range?

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Toyota has become a bit more serious in the development of solid-state battery technology. These advanced batteries have the potential to redefine the electric vehicle (EV) industry by offering superior  Full Article »

Automotive

Report: Average Price of new Electric Vehicles Has Dropped by Nearly $15,000

Report: Average Price of new Electric Vehicles Has Dropped by Nearly $15,000

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The Kelley Blue Book’s latest report reveals a significant development in the world of electric vehicles (EVs) in the United States. Over the past year, the average price of new  Full Article »

Automotive

A Sign of Things to Come? Stockholm to Ban Gas and Diesel Cars from Downtown Commercial Area in 2025

A Sign of Things to Come? Stockholm to Ban Gas and Diesel Cars from Downtown Commercial Area in 2025

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Stockholm’s decision to ban gasoline and diesel cars from a downtown commercial area in 2025 represents a shocking decision in Europe’s efforts to combat pollution and promote electric mobility. According  Full Article »

Automotive

Survey: Over Half of Americans Unlikely to Buy an Electric Vehicle

Survey: Over Half of Americans Unlikely to Buy an Electric Vehicle

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A recent survey conducted by Yahoo Finance and Ipsos has shed light on the cautious attitude of many Americans toward electric vehicles (EVs). Despite the growing momentum of the electric  Full Article »

Automotive

Kokomo, Indiana Selected for Stellantis’ Second US Battery Factory with Samsung SDI

Kokomo, Indiana Selected for Stellantis’ Second US Battery Factory with Samsung SDI

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Stellantis has announced a noteworthy development in the electric vehicle (EV) sector. The company is set to construct its second electric vehicle battery factory in Kokomo, Indiana, in collaboration with  Full Article »

Automotive

APNews: Electric Vehicle Future Could Be Shaped by Autoworkers Strike Negotiations in US

APNews: Electric Vehicle Future Could Be Shaped by Autoworkers Strike Negotiations in US

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In the heart of a prolonged autoworkers’ strike at a Ford factory near Detroit, the future of electric vehicles (EVs) and their potential impact on job security has emerged as  Full Article »

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