Electric Vehicles
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Clean energy investments took a serious hit in January, sinking to their lowest point since the Inflation Reduction Act (IRA) supercharged the industry with tax credits and incentives. Growing uncertainty around the future of these policies – especially with the Republican-majority Congress debating potential rollbacks – has led to a sharp drop in new projects and an increase in cancellations, reports E2.
Expand Expanding CloseThe US EV market closed out 2024 on a high note despite swirling uncertainty about the future of federal tax incentives. Cox Automotive’s newly released Q4 data shows a record 365,824 EVs sold – up 15.2% from the previous quarter – and annual EV sales of 1.3 million, a 7% increase from 2023.
We spoke with Stephanie Valdez Streaty, strategic planning director at Cox Automotive, about how these strong numbers underscore growing consumer interest in electrified transportation, even as key federal policies remain in flux.
Expand Expanding CloseLondon-based Rho Motion just dropped the latest numbers on global EV sales for January 2025, and here’s the headline: 1.3 million electric vehicles were sold worldwide. That’s down by more than a third from December’s record-breaking numbers, but don’t let that fool you – January 2025 still saw an 18% jump compared to the same month last year.
Expand Expanding CloseUS EV prices held steady in January, and incentive spending dropped 3.1% from December, according to the latest monthly new-vehicle average transaction price (ATP) report from Cox Automotive’s Kelley Blue Book.
Expand Expanding CloseThe ChargeX Consortium has figured out how to automatically restart failed EV charging sessions at fast chargers so drivers don’t have to.
Expand Expanding CloseMercedes-Benz had a rough EV sales year in 2024 in the US, so it’s hitting the reset button this year. To lure buyers back in, the automaker is already rolling out sweet discounts on its 2025 EVs.
Expand Expanding CloseAfter a record-breaking year for electric vehicles, automakers are kicking off 2025 with significant discounts. With leases starting under $300 a month, these are some of the best EV deals to take advantage of this February.
Expand Expanding CloseVolkswagen of America today announced the initial pricing and trim for the 2025 Volkswagen ID.4 – here’s the lowdown.
Expand Expanding CloseWith more models hitting the market and massive incentives, electric vehicles are just as affordable, if not more, than gas-powered cars. However, with Trump’s transition team reportedly planning to end the EV tax credit, the savings may soon disappear. Check out the EVs you can still lease for under $300 a month in January below.
Expand Expanding CloseJaguar Land Rover’s investment arm InMotion Ventures has invested $2 million in rare earth magnets recycling company Cyclic Materials, bringing its Series B funding round to $55 million.
Expand Expanding ClosePresident Trump has already attacked electric vehicles with executive orders on his first day, but he is mostly signaling upcoming attacks on EVs that would further damage the environment.
Expand Expanding CloseWhether you’re a seasoned EV driver in cold climates or this is your first winter driving an electric vehicle, there’s always more to learn about how to get the best range and performance from your EV when the temperatures drop.
Electrek asked two experts for smart winter EV driving advice. This is what Richard Reina, product training director at CARiD.com, and Casey Donahue, CEO of Optiwatt, a residential managed charging platform in North America, had to say.
Expand Expanding CloseThe latest 2025 electric vehicle winter driving test results are out, and there are quite a few EV models that are surprising with their performance.
Expand Expanding CloseThe Joint Office of Energy and Transportation’s Communities Taking Charge Accelerator has awarded $43.7 million to 25 innovative EV charging projects across the US.
Expand Expanding CloseEV sales kept up their momentum in December 2024, with incentives playing a big role, according to the latest Cox Automotive’s Kelley Blue Book report.
Expand Expanding ClosePresident Trump’s nominee for head of the Department of Transport, Sean Duffy, has signaled imposing potential extra fees for electric vehicles and said that he plans to let NHTSA continue its investigation into Tesla’s advanced driver assist systems.
Expand Expanding CloseWith new EV models from virtually every brand rolling out, electric vehicle sales in the US reached a record 1.3 million last year. Tesla’s Model Y and Model 3 remained at the top, but new Honda and GM models quickly climbed the sales charts. Check out the top 10 best-selling EVs in the US for 2024 below.
Expand Expanding CloseIn 2024, the world sold 3.5 million more EVs than it did in the previous year, according to a new report by Rho Motion. This increase is larger than the 3.2 million increase in EV sales from the previous year – meaning that EV sales aren’t just up, but that the rate of growth is itself increasing.
However, an entire year of false political, media and industry statements might have had you thinking otherwise.
Expand Expanding CloseUS EV sales will continue to grow in the year ahead, accounting for 1 in 4 vehicles sold in 2025, according to Cox Automotive’s 2025 Outlook.
Expand Expanding CloseIf you’re thinking about buying or leasing an EV this month to secure the $7,500 federal tax credit, head to PlugStar.com, because it has everything you need.
Expand Expanding CloseNew EV sales were strong in November, with early estimates pointing to the second-best month ever in the US, just behind August 2024, according to Kelley Blue Book. Like the new vehicle market at large, generous incentives are driving the momentum.
Expand Expanding CloseOnce you go electric, you almost never go back to a gas-powered car. According to a new survey from the Global EV Alliance, over 90% of EV drivers plan to buy another electric vehicle after trading in a gas car. Meanwhile, only 1% said they would return to an ICE vehicle.
Expand Expanding CloseReal-world driving and charging habits may make EV batteries last longer than researchers previously thought, finds a new Stanford-SLAC study.
Expand Expanding CloseEV and hybrid sales are steadily increasing in the US, reaching an all-time high in Q3 2024, according to the US Energy Information Administration (EIA).
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