Tariffs, tax credits, mandates and regulators — the rules that shape the EV market.
A significant fire incident occurred this past weekend at Rivian’s electric vehicle factory in Normal, Illinois, as reported by InsideEVs. The blaze, which broke out in the factory’s parking lot, resulted in damage to more than 50 Rivian R1S and R1T models. READ MORE: RIVIAN’S ILLINOIS PLANT FACES SETBACK AS FIRE DAMAGES MULTIPLE EVS Fire…
Scientists at the University of Edinburgh are pioneering an innovative approach to recycling critical metals used in electric vehicle (EV) batteries and other green technologies. This groundbreaking research, as reported by The Guardian, could be a game-changer for the EV industry, addressing concerns about the scarcity of essential materials. Microbial Miners: Nature’s Recycling Experts The…
South Korea is taking swift action to address public safety concerns surrounding electric vehicles (EVs) following a recent fire incident. According to a Reuters report, the government and ruling party have agreed to expedite the implementation of an EV battery certification program. Early Implementation of Safety Measures The People Power Party spokesperson, Han Zeea, announced…
Electric Vehicle Prices Tumble, Making Them Accessible to More Families The used electric vehicle (EV) market has seen a significant shift, with prices dropping to levels that make previously unattainable models accessible to many families. According to a recent report from The Guardian, high-quality EVs like Tesla Model 3s and Kia e-Niros with substantial range…
Volkswagen, one of the world’s largest automakers, is reconsidering its ambitious electric vehicle (EV) battery production goals. According to a recent Reuters report, the company’s battery chief, Thomas Schmall, has indicated that their target of 200 gigawatt hours of battery capacity by 2030 is not set in stone. Adapting to Market Realities In an interview…
The Hyundai Ioniq 5 N has been named Car and Driver’s 2024 Electric Vehicle of the Year, continuing the Ioniq lineup’s dominance for the third straight year. This high-performance electric SUV impressed judges with its blend of practicality, performance, and driver engagement. A True Enthusiast’s EV Unlike many electric vehicles that excel solely in acceleration,…
BYD, China’s leading electric vehicle manufacturer, has climbed to the seventh spot in global auto sales rankings, outpacing industry stalwarts Honda and Nissan in the April-June quarter. This significant shift in the automotive landscape is largely attributed to BYD’s focus on affordable electric vehicles, according to data from automakers and research company MarkLines. Impressive Growth…
BMW has outpaced Tesla in electric vehicle sales within the European Union for the first time, according to a recent Bloomberg report. This shift marks a significant moment in the competitive EV market landscape. BMW’s Surprising Surge In a month where EV demand generally slowed, BMW managed to increase its shipments substantially. The German automaker…
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