Gas Prices Drop: Are Internal Combustion Vehicles Cheaper to Fuel than EVs? In the United States, lower gasoline prices have led to lower fuel costs for battery electric vehicles, according to a new study. A study by consulting firm Andersen Economic Group found that the average fuel cost for entry-level gasoline cars is 9 cents per 100 miles...
Jeep Accelerates Electric Vehicle Plans: Wagoneer S Coming to U.S. Market in Q2Jeep plans to launch its first battery electric vehicle, the Wagoneer S (pictured above), for the U.S. market as early as the second quarter. It was initially planned to be launched at the end of this year. This is what Jeep CEO Antonio Filosa revealed to local U.S. media. Next, the automaker plans to launch […]
U.S. Allies Gear Up Against China's Trade Offensive in Electric Vehicles US expresses concern over China's dumping attempts. Respond with allies and build a public 'battery united front'. Opportunities for Korean companies. Strategies to combat Chinese overcapacity and low processing taxes. U.S., EU pressure China's EV industry. China's overcapacity could hurt global markets...
China's BYD Aims for Luxury Electric Car Market Domination, Eyes TeslaPlans to Launch Various Luxury Models This YearPursuing Brand Value EnhancementDomestic Slowdown Leads to Overseas Strategy, Targeting 400,000 ExportsGlobal Competitors on Edge: “Demise without Trade Barriers” Following its achievement as the world’s top seller of electric cars last year, China’s BYD is setting its sights on the luxury car market this year. According to Bloomberg […]
Aptera Motors Reveals Electric Vehicle with Record-Breaking 994-Mile Range on Single ChargeElectric Vehicle Startup Aptera’s EVDrives 994 miles (1,600 km) on a Single ChargeCurrently Nearing the Mass Production stage The concept of mobility, a term encompassing all means of transportation, is gradually evolving. Ten years ago, in 2014, when the BMW i8 was released, not many people thought electric cars would be as widely adopted as […]
US Witnesses 52% Jump in Battery EV Registrations Last Year S&P Global Mobility reports that battery electric vehicle sales in the U.S. increased 23% year-over-year in December 2023, with a market share of 8.8%.
GM CEO Mary Barra Reveals Strategy to Overcome 2024 Hurdles GM's CEO Mary Barra at the Wolff Research Global Auto Conference in New York City on February 15, 2024, where she said this year's challenges include resetting EV production,.
China Predicts Global Electric Vehicle Sales to Reach 20 Million Units in 2024 China EV100, a think tank for the Chinese electric vehicle industry, has predicted that global electric vehicle sales will exceed 20 million units in 2024...
Hyundai Motor Group Records 450,000 Electric Vehicle Sales in 2023 Hyundai Motor Company sold 268,785 battery electric vehicles in 2023. That's 451,000 units, compared to Kia's 182,000. Hyundai's increase was driven by the Ioniq 5 and Ioniq 6...
Electric Cars Hit a Rough Patch in Freezing US Weather Mileage proportional to heater use↓ Charging time slows due to cold weather Queues in front of electric vehicle chargers Discharges and towing incidents abound As a winter storm with extreme cold temperatures rages across much of the central and north-central United States, electric vehicles are being discharged and towed...
Chinese and Korean EV Makers Look to Mexico as a 'Sanctions Evasion' Hub for U.S. MarketChinese car manufacturers explore Mexico as a hub to indirectly penetrate the U.S. electric vehicle market and evade sanctions.
Disappointing 2023 for GM's EVs, Share Slips to 3.1% Q4GM's Q4 2023 electric vehicle (EV) sales in the U.S. make up just 3.1% of total sales, falling short of expectations.
Audi's U.S. Sales Soar: Electric Cars Lead the Charge with 55% RiseAudi reports a 22% increase in 2023 U.S. car sales, with 25,000 units of battery electric vehicles, indicating a growing market.
Tesla's Dojo Supercomputer Head Resigns, Full Self-Driving Release in DoubtTesla's Dojo hardware head resigns amid reports of issues with the second-gen chip for autonomous driving technology.
Big Trouble for Chinese Battery Makers: US Cuts Off EV Subsidy LifelineBiden Administration to unveil guidelines barring Chinese EV firms from U.S. subsidies under Inflation Reduction Act.
Electric Vehicle Sales Skyrocket in the U.S., Nearing 1.4 Million UnitsUS electric vehicle sales set to reach record high at 9% of total passenger car sales in 2023, boosted by incentives and price competition.
Elon Musk Calls Sweden Tesla Strike 'Insane'Swedish Tesla strike grows, impacting operations; Elon Musk opposes unions, potential delivery disruption.
Can Electric Cars Really Save Us? Startling Insights RevealedElectric vehicle sales vary globally, with South Korea lagging behind while Europe and the U.S. see significant growth.
China Expresses Strong Dissatisfaction with EU's Electric Vehicle InvestigationChina's Ministry of Industry and Information Technology protests EU's electric vehicle investigation, fearing global industry disruption.
Hyundai's Shocking Revelation: Chairman Chung's Pledge to Fuel EV GrowthHyundai Chairman Euisun Chung commits to ongoing investments in electrification, emphasizing the importance of people in the process.
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