A new study by economists has taken a hard look at the $7,500 tax credit for U.S.-made electric vehicles (EVs) under the Inflation Reduction Act (IRA). The findings? It’s complicated, but there’s a silver lining. According to The New York…
Tesla’s dominance in energy storage hits new heights as the only company to secure an AAA rating in the new Battery StorageTech Bankability Ratings report, outpacing competitors in the growing BESS market. According to the Battery StorageTech Bankability Ratings report,…
Lucid Motors, the luxury EV maker, has reported a record-breaking third quarter for 2024, showcasing impressive delivery numbers but grappling with production challenges. Delivery Triumph Lucid’s Q3 deliveries hit 2,781 vehicles, a whopping 90% jump from the same period last…
Hyundai Motor Group has hit the ground running at its new all-electric vehicle plant in Georgia. The company confirmed to local media that the first Hyundai Ioniq 5 units rolled off the production line at Hyundai Motor Group Metaplant America…
Tesla’s shaking things up with their Model 3 lineup, but there’s still a sweet deal to be had on the Standard Range trim. According to Forbes, while the Standard Range Rear Wheel Drive has been dropped from the main Model…
Rivian, the electric vehicle manufacturer, has announced a significant reduction in its production forecast for this year due to a parts shortage. This news comes from The Verge, highlighting the ongoing challenges faced by the EV industry. Production Cuts and…
The electric vehicle (EV) charging landscape is undergoing a seismic shift as Tesla’s Supercharger network opens its gates to General Motors vehicles. This game-changing development, reported by Ars Technica, marks a turning point for non-Tesla EV owners who’ve long grappled…
Tesla’s latest quarterly report has injected a dose of optimism into the electric vehicle sector. The EV pioneer saw a 6.4% year-over-year increase in global sales for Q3 2024, delivering 462,890 vehicles from July through September. This marks Tesla’s first…
The Trump campaign has launched a provocative new ad in Michigan, taking aim at the Biden-Harris administration’s electric vehicle (EV) policies. This move has ignited a fiery debate in the crucial swing state, known for its deep-rooted automotive heritage, as…
Vice President Kamala Harris strongly denied accusations that she plans to ban gas-powered vehicles during a rally in Flint, Michigan. The event, reported by NPR, showcased the administration’s commitment to supporting the auto industry’s transition to electric vehicles (EVs) while…
The European Union has taken a stand against Chinese electric vehicle imports, voting to impose tariffs of up to 35% on battery cars from China. This move comes as the EU tries to protect its auto industry from what it…
EVgo, a major player in the electric vehicle charging space, saw its stock soar an impressive 61% following a bullish call from J.P. Morgan. This dramatic rise highlights the growing interest and potential in the EV charging market, as reported…
The UK’s auto industry is sounding the alarm over sluggish electric vehicle (EV) sales, warning that missing government-set targets could lead to hefty fines for manufacturers and pricier cars for consumers. This news comes from a Financial Times report detailing…
Tesla’s upcoming Robotaxi Day could be a pivotal moment for the electric vehicle giant and its CEO, Elon Musk. According to a Barron’s article, the event on October 10 in Hollywood, California, may determine whether Tesla regains its position among…
Toyota’s plans for U.S.-built electric vehicles have hit a speed bump. According to a report from Nikkei, the Japanese automaker is pushing back its timeline for American-made EVs by several months, reflecting ongoing challenges in the electric vehicle market. Kentucky…
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