Electric Vehicles

After Tesla’s price cuts pulled a quarter of overall EV prices down in February, higher Model 3 prices increased EV prices in March.

Electric vehicles are taking over the rest of the world much faster than the United States.

The faster we adopt EVs, the more benefits we get from them.

Tesla maintains an 87% brand retention rate, with Lexus (68%) and Toyota (54%) trailing, according to a new Bloomberg Intelligence survey.

New Jersey just signed a law approving a punitive new EV registration fee – and at $250, it’s the highest in the country.

EV prices dropped by nearly 13% year-over-year in February, led in part by Tesla Model 3 and Model Y price drops, reports Kelley Blue Book.

Just as the EU is considering tariffs on Chinese EVs imported into Europe, three US Democratic senators are urging that the Biden administration hike import tariffs on Chinese EVs to address national security risks.

In three short years, battery electric vehicles will be cheaper to produce than ICE vehicles of the same size due to improved manufacturing methods – at least that’s the latest prediction from market research firm Gartner. Of course, those gains may be lost to the rising price of EV repairs.

Only a measly 1% of US retailers offer EV charging stations even though they come with significant benefits and government incentives, according to Consumer Reports.

MIT spinout and battery maker 24M Technologies today debuted a new direct-material battery recycling process for EV batteries and battery storage.

Without EVs, solar, wind, and nuclear, the global rise in emissions in the last five years would have been three times larger, new International Energy Agency (IEA) analysis shows.

A Michigan manufacturer of silicon carbide (SiC) wafers, a key component in EV power electronics, just got a big loan from the US Department of Energy to ramp up production.

Plan A isn’t working, so it’s time for Plan B. Three major legacy automakers are considering a creative approach to staying in the game amid fierce competition from Tesla and Chinese rivals – all in an effort to make cheap EVs, and a whole lot of them.

More bad news for Californian EV startup Fisker, as it now faces a possible delisting from the New York Stock Exchange due to low stock prices for 30 consecutive days.

US President Joe Biden, whose administration has put electric vehicles front and center of an ambitious policy to dramatically curb emissions, may walk back his proposal on yearly EV requirements through 2030 due to political pressures and pushback from automakers and the UAW.

Forvia, a major supplier for Stellantis, Volkswagen, Tesla, and Ford, plans to cut as many as 10,000 jobs in Europe over the next five years. The news falls days after major auto supplier Continental announced that it too was cutting its workforce by 7,150 jobs.

In a huge push to give European automakers a fighting chance over China in the EV sector, Stellantis and Mercedes-Benz have raised nearly €4.4 billion to build four new EV gigafactories across the European Union in the coming years.

The new year rolled out a new plan where EV shoppers could get on-the-spot tax rebates when purchasing a new electric vehicle, with auto dealers then handling the paperwork and waiting to get reimbursed by the government. The US government says it has already paid out $135 million to auto dealers that signed up for the program so far this year.

Canada Nickel Co. is looking to spend US $1 billion to build a nickel processing plant in Ontario, which would be North America’s largest once it is completed.

Major German car parts maker ZF Friedrichshafen is investing a hefty $500 million into its transmission plant in South Carolina – all to transform it into a “flexible manufacturer of parts” for both ICE and plug-in hybrids, and for both passenger cars and large commercial vehicles by launching production of its PowerLine transmission in the US.

The US-China trade war heats up as the Biden administration has signaled a warning that electric vehicles from China could pose a “significant national security risk” in that the huge amount of data they collect could be sent to China.

Regulators hate them, saying all the popularity of massive, heavy SUVs runs counter to environmental targets. Paris even slapped some hefty fines on SUVs parking in the city. But European consumers are showing nothing but love for the SUV, in all shapes and sizes. In a new milestone, SUV sales took the market lead at 51%.