Jennifer Mossalgue

As Europe pushes to phase out fossil fuels, a new study finds that, ironically, the EU’s five biggest members are pouring billions of dollars a year into subsidizing ICE company cars – to the tune of $42 billion ($45.60 billion) a year.

Europe’s “green dream” Northvolt is fighting to keep afloat. The Swedish-owned battery maker is now hoping a fresh injection of millions of dollars from its cofounder will generate a rescue package from other investors and keep the lights on.

People are angry, cars aren’t selling, and now for the first time ever Volkswagen is likely to close one of its factories in Europe – the state-of-the-art Brussels plant that makes the Audi Q8 E-Tron.

A Chinese maker of inexpensive TVs you’ll find at Walmart or on Amazon is launching a new family hatchback EV designed to rival the VW ID.3, Cupra Born, and BYD Dolphin. So far, it looks like the real deal.

MINI has unveiled its first zero-emissions MINI John Cooper Works car – a sporty upgrade to the MINI Cooper – at this week’s Paris auto show.

BMW Group CEO Oliver Zipse says it’s time to pull the plug on the European Union’s plan to ban ICE vehicles in 2035. Clearly this isn’t the first time we’ve seen pushback, but Zipse is now taking it up a notch, despite EV sales going fairly well for BMW and Mini. What’s going on here?

At the Paris auto show this week, Renault unveiled its latest all-electric offering, the Renault 4 E-Tech, a nod to the brand’s 1960’s Renault 4L hatchback – one of its greatest bestsellers.

France’s Engie says it will liquidate the entire EVBox group, which the company says posted total losses of €800 million since Engie took over in 2017.

The ongoing tensions between Italy and Alfa Romeo’s parent company Stellantis reached a head last week when the Italian government told the automaker that naming its upcoming Alfa Romeo EV the Milano was against the law because the car will be built in Poland. So now Alfa Romeo has decided to change the name to something that won’t evoke any feelings of la dolce vita or desire for delicious Pepperidge Farm cookies, or any emotions at all for that matter. Besides total blandness.

Oil and gas giant BP is slashing jobs at its electric vehicle charging business and pulling out of several markets as its big bet on rapid growth in commercial EV fleets “didn’t pay off,” according to company sources.

The National Transportation Safety Board is investigating two fatal crashes involving two separate Ford Mustang Mach-Es crashing into stationary vehicles, where three people have died. In at least one of the crashes, Ford’s BlueCruise hands-free driver-assist system was activated at the time of the crash, while the second one is under preliminary investigation. Here’s what happened.

European automakers including Volkswagen and Jaguar Land Rover had to pay $552 million in fines for missing CO2 emission targets in 2020, the first year new regulations were put in place, according to a new report.

China has been heavily subsidizing its green tech sectors, but homegrown EV company BYD is a favorite child of the bunch, receiving subsidies to the tune of “at least” $3.7 billion, according to a new German study.

What’s an Alfa Romeo without a cool Italian-sounding name? The Stellantis-owned company is naming its first BEV after the famous city of Milan, but the Italian government is now playing hardball by saying that’s illegal since the car will be built in Poland. If it’s not made in Italy, it can’t sound Italian.

Chinese automakers are looking to export electric vehicles by the hundreds of thousands around the globe, but they need a lot more car-carrying vessels to make that happen. Demand is so high that the country is on track to amass what will be the world’s fourth-largest fleet in a few short years, with new trade routes being created especially for Chinese cars.

Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. This would be Chery’s first manufacturing site in Europe.

A new study from UC Berkeley confirms what EV fans already know: EV adoption does, in fact, make the air cleaner. Perhaps even more importantly, the study offers some quantifiable, granular data about how much electric vehicles are impacting emission rates in the here and now, not just in the foreseeable future.

Another major blow to California-based startup Fisker, as tens of thousands of customers reportedly have canceled their EV reservations to date – which is some serious bad buzz amid a tumultuous time as the company scrambles for funding to stay alive.

South Korean automaker Kia has started production on its all-electric EV5 SUV for export in China, with the first markets targeted being Thailand and Australia, with Australia’s price expected to undercut Tesla’s Model Y, which is the best-selling SUV in the country. A global launch is set for next year, but will that include the US?

EV startup Canoo paid $1.7 million for CEO Tony Aquila’s private jet bills, twice its total revenue last year. According to its earnings report released this week, Canoo lost $302 million in 2023 – but it’s apparently been champagne and caviar for its top executive.

Renault is ramping up development of its upcoming all-electric Twingo, hoping to shave off as much time as possible to launch the car in three years and get an EV for under $22K out to consumers.

Chinese smartphone giant Xiaomi seems to have hit the ball out of the park with the launch of its debut EV, the SU7, last week. The launch has pushed its market value up by $4 million, with the company now nearing valuations higher than GM and Ford.

Amid an intense price war and lost market share to BYD and Tesla, China’s state-owned automaker SAIC Motor is reportedly making drastic job cuts this year at its joint ventures with General Motors and Volkswagen and at its EV unit – with mass layoffs a rare move for a China-owned company.

Orders for Chinese smartphone giant Xiaomi’s brand-new SU7 have been pouring in – with Xiaomi announcing that within 27 minutes of the company accepting orders for the new all-electric sedan, it had already received more than 50,000 orders. Today Xiaomi has alerted potential buyers of a seven-month waiting time before getting the car. Apple, read it and weep.