BMW is launching its first all-electric luxury wagon, the i5 Touring, with up to 348 miles (560 km) WLTP range. The luxury BMW wagon is more advanced than ever. It’s now more sporty, has new features, and is available in an all-electric form for the first time.
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Ford is building a low-cost EV platform with some of the ‘best EV engineers’ to rival Tesla
Ford (F) assembled a “super-talented skunk works team” to build a low-cost EV platform. The small team consisted of “some of the best EV engineers in the world,” according to Ford’s CEO Jim Farley. It will be used to launch several new software-defined electric models.
Expand Expanding ClosePorsche upgrades the 2025 Taycan with more range, performance, and fast charging
Porsche’s electric sports received a major upgrade for the 2025 model year. The new Porsche Taycan features longer range, more performance, and fast charging capabilities.
Expand Expanding CloseFord beats Q4 earnings estimates despite EV pullback, hybrid shift
Ford reported its fourth-quarter earnings Tuesday after the market, beating Q4 revenue and profit estimates. The automaker expects the momentum to continue in 2024 despite pulling back EV investments.
Expand Expanding CloseBYD is launching newly developed smart driving ADAS tech next month
Chinese EV leader BYD is launching its new in-house smart driving tech next month. According to local reports, the advanced ADAS feature will roll out by the end of March.
Expand Expanding CloseKia has a plan to guarantee EV resale value overseas, like the EV6 and EV9
Kia plans to fight falling EV resale prices in Australia with a new guaranteed future value program. New electric models, including the EV6 and Kia EV9, will be part of the plan.
Expand Expanding CloseHertz (HTZ) blames EVs for Q4 earnings miss as stock price rises anyways
Car rental company Hertz (HTZ) missed Q4 earnings expectations, blaming “headwinds” with its EV fleet. Hertz believes reducing the number of EVs in its fleet will improve profitability.
Expand Expanding CloseVolvo’s first electric minivan, the EM90, officially rolls off the assembly line
The first all-electric Volvo EM90 officially rolled off the assembly line on Tuesday. Volvo’s EM90 is the brand’s first electric minivan, complete with a “Scandinavian living room” interior.
Expand Expanding CloseRivian R1T makes its way overseas in neon green to charge up MEVCO’s fleet
Rivian’s all-electric R1T pickup looks even better in neon green. The R1T is more than an electric truck. It’s an adventure vehicle built for “whatever you call a road.” Its latest venture will go where most wouldn’t dare, as the Rivian R1T will be used to charge up the mining industry.
Expand Expanding CloseKia is recalling 1,200 EV6 and Niro EVs over faulty drive shafts
Kia is recalling just over 1,200 EV6 and Niro EVs over a faulty drive shaft that can result in a loss of power.
Expand Expanding CloseBYD’s Yangwang U7 ultra-luxury EV leaked with nearly 1,300 hp and 500 miles range
BYD is preparing to launch its first ultra-luxury electric sedan as part of its high-end Yangwang brand. Ahead of its official launch, the BYD Yangwang U7 specs were leaked with almost 1,300 horsepower and 500 miles (800 km) CLTC range.
Expand Expanding CloseVolvo marks 17 straight months of growth as EV sales lead the way in January
Volvo Cars is starting 2024 with its 17th straight month of growth. Volvo’s all-electric model lead the growth, with global EV sales up 17% in January.
Expand Expanding ClosePolestar (PSNY) stock slips after Hertz delays plans to buy EVs
Polestar (PSNY) shares are falling Monday after car rental giant Hertz (HTZ) announced plans to delay buying its EVs this year.
Expand Expanding CloseRange Rover’s first EV sparks strong interest, with over 16,000 buyers waiting
As Range Rover’s first EV gets closer to launch, the all-electric vehicle is already creating a buzz. According to the company, the new electric Range Rover has over 16,000 buyers on the waitlist.
Expand Expanding ClosePorsche’s upgraded Taycan EV boasts longer range and faster charging
In initial tests, the new Porsche Taycan showed impressive driving range of up to 365 miles (587 km). Although these were pre-series models, the upgraded EV drove over 100 miles more than the current model.
Expand Expanding CloseHonda admits it needs affordable EVs with plans for an electric Civic successor
For Honda to compete as the industry shifts to electric, CEO Toshihiro Mibe explained, “We need more affordable EVs.” Honda is set to expand its lineup with an electric replacement for its all-time best-selling Civic.
Expand Expanding CloseFord’s EV sales slip in January as Mustang Mach-E deliveries fall 50%
Ford’s EV sales fell 11% in January amid slower-than-expected demand. The Mustang Mach-E led the downfall, with sales slipping 50% year-over-year.
Expand Expanding CloseHyundai is launching an electric van as its first export model based on its new EV platform
Hyundai announced a new deal with Iveco Group to supply an all-electric van based on its global eLCV platform. The Iveco-badged electric van will be Hyundai’s first export to use its new EV platform.
Expand Expanding CloseMeet the all-electric MWM Spartan 2.0 that looks just like a G Wagon but is half the cost
The new all-electric MWM Spartan EV 2.0 looks just like the Mercedes-Benz G Wagon, but it’s less than half the cost. Czech startup MW Motors launched the EV off-roader as the UK’s first electric 4×4.
Expand Expanding CloseBYD EV sales grew nearly 50% in January as exports reached a new high
After topping Tesla in the final three months of 2023, BYD is starting the year off strong with EV sales rising another 50% in January.
Expand Expanding CloseHyundai will ‘take the bull by the horns’ with a new EV brand in the world’s biggest market
Hyundai is set to launch a new EV brand as it looks to gain its share of the largest market globally. The automaker is betting on custom EVs to revamp sales in the region.
Expand Expanding CloseLucid (LCID) is converting its sleek electric sedan into a new line of police vehicles
Lucid (LCID) is launching a new line of police vehicles based on its luxury Air electric sedan. The EV startup is set to unveil the new EVs at the World Defense Show next week in Saudi Arabia.
Expand Expanding CloseKia EV9 sales are heating up in the US
Kia’s new three-row electric SUV is gaining momentum in the US. Over 1,400 Kia EV9 models were handed over in January, topping the EV6 in US sales.
Expand Expanding CloseEV shopping beats buying an ICE vehicle, according to buyers
Electric vehicle buyers reported the highest satisfaction with the process last year. With 80% of new EV buyers saying they were “highly satisfied” with the process, buying an EV was reportedly much easier than an ICE vehicle.
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