IONIQ range, E-GMP platform and the Metaplant ramp — Hyundai’s EV push, tracked.
Hyundai Motor Company introduces the IONIQ 9 Seed Ball Drone Station, transforming its flagship electric SUV into a versatile base for aerial reforestation, leveraging vehicle-to-load (V2L) technology to power drones in wildfire recovery efforts. This innovation extends the company’s Smart Forest Restoration Program, starting in Korea’s Uljin region hit by 2022 wildfires, and highlights EVs’…
Subaru unveiled the 2026 Uncharted EV in New York City, introducing the brand’s first front-wheel-drive model since 1996 amid a shifting electric vehicle market. This launch responds to volatile tariffs and fading consumer incentives, delivering a budget-friendly electric crossover with strong range credentials. Subaru frames the Uncharted as a rival to the Hyundai Kona EV…
Electric vehicle (EV) sales are poised for a significant boost as automakers and dealers urge buyers to act before a $7,500 federal tax credit expires on September 30, 2025. With Congress set to eliminate the subsidy through recent tax and budget legislation, industry leaders anticipate a rush of purchases, followed by potential sales declines, reports…
VinFast Auto Ltd., a Vietnamese electric vehicle (EV) manufacturer, has secured a $510 million private credit loan from Deutsche Bank AG and SeaTown Holdings International to fuel its ambitious global expansion, reports Bloomberg. This financial boost, announced on July 4, 2025, supports VinFast’s mission to compete in the fiercely competitive EV market, where price wars…
On July 3, 2025, shares of Rivian Automotive Inc. and Lucid Group Inc. surged by up to 4.6% and 8.8%, respectively, following a BNP Paribas analysis suggesting that the electric vehicle (EV) manufacturers could benefit from President Donald Trump’s tax bill, which eliminates the $7,500 EV tax credit after September 30, 2025. Bloomberg reports that…
Ford Motor Co.’s electric vehicle (EV) sales dropped sharply by 31.4% in the second quarter of 2025, largely due to a safety-related stop-sale of its popular Mustang Mach-E. The recall, affecting over 317,000 vehicles globally, stems from a software glitch in the electronic door latches that could trap occupants inside, posing serious risks. This setback,…
The 2026 Kia EV4, the brand’s first global electric sedan, is set to challenge the Tesla Model 3 with a compelling mix of range, affordability, and modern design. Priced at approximately $31,000 in Korea, the EV4 offers up to 330 miles of range and hits U.S. shores in early 2026, aiming to make electric vehicles…
Honda will unveil its Super EV Concept, a boxy electric minicar, at the Goodwood Festival of Speed in July 2025, signaling a push into the entry-level EV market to replace the discontinued Honda e, according to Automotive News Europe. This debut comes as Honda faces mounting pressure to meet stricter CO2 regulations in Europe, particularly…
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