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Republican districts lose billions as clean energy cancellations surge

FREYR battery factory Georgia

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.

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Cox: EVs are America’s future, but policy will set the pace

Honda Prologue EV policy

The 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. 

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Global EV sales surge 18% y-o-y – but speed bumps lie ahead

BYD-sealion-7-Europe

London-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.

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Here are the EVs you can still lease for under $300 a month in January

GM-shift-Mexico-EV

With 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.

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Here are 8 tips for the best EV winter range and performance

EV winter

Whether 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.

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Contrary to popular belief, EV sales grew more in 2024 than 2023

BYD-second-car-carrier

In 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.

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