Peter Johnson

Rivian (RIVN) hit its goal of achieving a positive gross profit in the fourth quarter. The EV maker released its fourth-quarter earnings after the market closed on Thursday. Here’s a full breakdown of Rivian’s Q4 2024 financials.

Volvo’s flagship electric sedan is almost here. With its debut just weeks away, Volvo previewed the new ES90, boasting it’s “one of the most technically advanced cars on the market today.” Packed with two high-tech NVIDIA computers, it will also be the most advanced Volvo car yet.

Kia just pulled the covers off its new electric van, the PV5, giving us our first look at the futuristic model. The mid-size model is the first in Kia’s upcoming lineup of purpose-built electric vans that’s expected to shake up the growing market. From the first look, the PV5 will rival the Volkswagen ID.Buzz and Ford E-Transit. Check it out below.

Rivian (RIVN) will report fourth-quarter earnings Thursday after the market closes. Although the EV maker aggressively cut costs last year, a supply shortage derailed some momentum. Rivian still stands by its goal of achieving its first positive gross profit in Q4. Here’s what to expect from the report.

Who said electric flying cars are only for the movies? Alef Aeronautics made history after posting a video of its electric car driving and vertically taking off in public. The video shows the electric flying car jumping over another vehicle as it takes flight. Watch “the world’s first real flying car” take flight below.

After teasing the PV5 last week, Kia’s electric van was just spotted in the US for the first time. The PV5 is Kia’s first dedicated electric van, and it already looks ready to challenge Volkswagen’s ID.Buzz. A new video and images of the PV5 give us a closer look at the upcoming electric van. Here’s what we know about it so far.

Toyota is already developing the next-gen RAV4, and rumors suggest an electric model is in the works. According to internal documents, significant changes are expected. Here’s what we know about the upcoming Toyota RAV4 and a possible EV variant.

Rivian’s (RIVN) $6.6 billion federal loan to build its new EV manufacturing plant in Georgia faces uncertainty after President Trump froze federal loans. Georgia Gov Brian Kemp said he’s “not sure” about where the funds stand.

In a turn of events, Toyota is stepping in to support LG Energy Solution’s EV battery plant in Michigan. Toyota reportedly placed a $1.5 billion order to boost operations at the facility after GM backed out.

Honda claimed a “surge is about to break out” after previewing its next-gen electric SUV, the S7. The S7 will kick off Honda’s new series of dedicated EVs aimed at top sellers like the Tesla Model Y.

Kia’s flagship electric SUV just got a high-performance upgrade. On Tuesday, Kia launched the EV9 GT in South Korea with over 500 horsepower, a sporty new design, and a price tag just north of $60,000. That’s not too bad for a fully loaded three-row electric SUV. Following its domestic launch, the sporty new trim will roll out to the US, Europe, and other global markets. Check it out below.

In a rollercoaster turn of events, Hyundai and Kia EVs are expected to again qualify for the full $7,500 federal tax credit. With new models rolling out this year, the Korean auto giants expect another big year in the US in 2025.

The largest and most luxurious Genesis electric SUV is almost here. It will be the first full-size Genesis electric SUV to hit the market, but it’s promised to be much more than that. The GV90 is expected to rival ultra-luxury models like the Mercedes-Maybach GLS. After the Genesis GV90 was spotted with barely any camo out in public, we are finally getting a better idea of what to expect from the flagship EV.

BMW promises its Neue Klasse electric vehicles will have 30% more range and 30% faster charging. How? BMW revealed its new “Heart of Joy,” an advanced control unit that will serve as the brain for its upcoming EV models. For the first time, BMW showcased the new tech in its Vision Driving Experience Vehicle. Check it out below.

BYD exects its first EVs powered by all-solid-state batteries will arrive in 2027. Although the Chinese EV giant has already achieved several breakthroughs with the new battery tech, it could still be a few years before it reaches large-scale adoption. Here’s when BYD expects that to happen.

Kia’s next big EV is just days from its official debut. Ahead of its EV Day event next week, Kia just dropped a first look at the new EV4 electric sedan and hatchback models. Check them out below.

The Chevy Equinox EV is now available to finance at 0% APR with up to $8,500 in savings. At that rate, it’s even cheaper to finance than the gas-powered model right now.

In less than a month, Volkswagen will unveil its smallest and most affordable electric car from its ID lineup. The new EV is expected to hit the market as the ID.1, starting at around €20,000, or just over $20,000. With its world premiere just around the corner, Volkswagen is giving us a closer look at ID.EVERY 1 show car.

The world’s largest EV maker does not look to be slowing down anytime soon. Newly discovered documents show that BYD may have a new power play in the works regarding mining rights in “Brazil’s lithium valley.” The move could be its biggest outside of China as it expands into the West.

In September, Volkswagen will unveil the electric T-Cross at IAA Mobility, dubbed the ID.2X. CEO Thomas Schäfer confirmed the mini electric SUV’s name on Thursday, which is expected to go in 2026 starting at around £25,000 ($31,000).

Hyundai just launched its first flagship EV, the IONIQ 9, in South Korea. The IONIQ 9 is the largest Hyundai electric SUV with “best-in-class” interior space and features more driving range than any other EV in its lineup. For those of you in the US, get ready. You’re up next.

Chevy just unveiled a ferocious new Blazer EV.R prototype. Based on the new Blazer EV SS and NASCAR’s tri-motor powertrain, the prototype delivers over 1,300 horsepower.

VinFast’s (VFS) deliveries surged last year, nearly tripling from 2023. Although VinFast delivered almost 100,000 EVs in 2024, nearly 90% were in its home market.

Porsche plans to cut 1,900 jobs in Germany by 2029 as it struggles with slumping EV sales. The luxury sports car maker has already warned of lower profits this year. With plans to reduce its workforce, is Porsche sounding the alarm?