Hyundai and Kia scored a win on Friday after the South Korean government pledged to boost EV subsidies by 20%.
Expand Expanding CloseHyundai catches a big break as South Korea launches massive new EV support
Peter Johnson is covering the auto industry’s step-by-step transformation to electric vehicles. He is an experienced investor, financial writer, and EV enthusiast. His enthusiasm for electric vehicles, primarily Tesla, is a significant reason he pursued a career in investments. If he isn’t telling you about his latest 10K findings, you can find him enjoying the outdoors or exercising. For questions or comments, you can email him at Peter@electrek.co. You can also follow him on Twitter @EVPeteJohnson.
Hyundai and Kia scored a win on Friday after the South Korean government pledged to boost EV subsidies by 20%.
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After years of dragging its feet, Mazda is finally planning to launch its first dedicated electric vehicle. The new EV was spotted testing in California as Mazda begins testing.
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BYD is bringing its most affordable EV to the Land Down Under. The Atto 1 arrives as Australia’s cheapest new EV, just as BYD is finding its footing.
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Lucid Motors (LCID) is expanding its EV rental business overseas thanks to a new deal with Sixt in Saudi Arabia.
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Lexus claims the new ES “takes sedan styling, luxury, and refinement to a higher level” with a complete redesign. With the 2026 ES arriving soon, Lexus offered a closer look at the upgrades inside and out.
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Cadillac’s luxury electric SUV is suddenly pretty affordable. The Cadillac Lyriq saw the biggest price drops this fall, with lease prices down $115 a month since October.
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Subaru joins Toyota and Honda as the latest major Japanese automaker that plans to delay key EV projects to focus on hybrids.
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Production is now underway at Toyota’s new $13.9 billion battery plant in North Carolina, the company’s first outside Japan.
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Lucid Group (LCID) announced the pricing of a new $875 million offering of senior notes in a private sale to institutional investors. The funds will help Lucid pay down debt as it prepares for its next growth stage.
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Ford’s CEO Jim Farley admitted he was humbled after tearing down the first Tesla and Chinese EVs. If it wants to compete globally, Ford can’t walk away from EVs altogether, so it’s planning to shake things up.
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The Mercedes GLB EV will be here in less than a month. With its debut just around the corner, Mercedes offered a first look at the new GLB EV’s interior, and yes, it’s loaded with massive screens.
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The new Nexo is a significant upgrade over the first model, but will Hyundai’s fuel cell EV make an impression in the US?
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Honda wants in on the growing demand for affordable EVs. With the company’s CEO saying EVs selling for under $30,000 will be the main competition in the US, Honda may offer one of its own.
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Lexus says the LS no longer stands for a luxury SUV or sedan, but rather for “Luxury Space.” The new Lexus LS is a 6-wheeled ultra-luxe EV people mover — but why does it even exist?
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Used vehicles are not exactly flying off the lot right now, but EVs are bucking the trend with prices hitting the sweet spot of around $20,000 to $30,000.
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Toyota revealed a fully electric version of its best-selling pickup truck for the first time. The new EV pickup will begin rolling out next month, but those in the US may miss out.
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The breakthrough EV batteries Toyota says will double driving range and cut charging times are facing another setback. The company is once again delaying plans for a new battery plant in Japan.
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The lower-priced Lucid Gravity Touring SUV will begin rolling out next month. Lucid (LCID) confirmed the more affordable trim is still on track as it ramps up output.
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America’s best-selling electric pickup may be headed for the chopping block. According to a new WSJ report, Ford is now considering killing off the F-150 Lightning.
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Toyota issued another major recall, impacting over 1 million vehicles, including the RAV4 and EVs from Lexus and Subaru.
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The 2026 BMW i4 is bringing a few key improvements, including a longer driving range and added power. Here’s what to expect.
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Nissan is selling its global headquarters and trimming production as part of its recovery efforts. Although the Japanese automaker is starting to show signs of life, it still has a long way to go. Nissan is betting on new vehicles, including the next-gen LEAF, to help it turn things around.
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How does a fully charged battery in under 100 seconds sound? China’s CATL, GAC Group, and JD.com revealed a battery-swappable version of the Aion UT that can swap batteries quicker than you can pump gas.
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Lucid Group (LCID) reported third-quarter earnings after the market closed on Wednesday, missing top and bottom-line estimates.
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