Electric Vehicles

A new study from the REPEAT Project led by Princeton University’s ZERO Lab warns that the repeal of Inflation Reduction Act (IRA) tax credits could decimate the growing EV manufacturing sector.

The average incentive package for a new EV was 14.8% of the average transaction price (ATP), or approximately $8,162, the highest level in more than five years, according to the latest monthly new-vehicle ATP report from Cox Automotive’s Kelley Blue Book. 

The European Commission has decided to give automakers breathing room in achieving its zero-emission target, which is going to enable them to buy fewer emission credits from Tesla and other all-electric automakers.

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.

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. 

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.

US 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. 

The ChargeX Consortium has figured out how to automatically restart failed EV charging sessions at fast chargers so drivers don’t have to.

Mercedes-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.

After 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.

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.

Jaguar 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.

President 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.

The latest 2025 electric vehicle winter driving test results are out, and there are quite a few EV models that are surprising with their performance.

The 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.

EV 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.

President 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.

With 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.

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.

US 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.

If 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.