IONIQ range, E-GMP platform and the Metaplant ramp — Hyundai’s EV push, tracked.
Hyundai Motor has exited its entire stake in Ola Electric, while Kia reduced its holding in a $80 million share sale, as the Indian electric vehicle (EV) maker faces mounting challenges, as reported by Reuters. Hyundai and Kia’s Exit Strategy Hyundai Motor sold its full 2.47% stake in Ola Electric at .59 USD (50.70 rupees)…
India has rolled out its new electric vehicle (EV) policy aimed at attracting global automakers with reduced import taxes, but Tesla is showing reluctance to set up local manufacturing, a federal minister revealed. This development, reported by Reuters, could reshape the EV landscape in the world’s third-largest car market, where players like Mercedes-Benz and Hyundai…
As electric vehicle (EV) adoption faces hurdles like range anxiety and charging infrastructure gaps, automakers are turning to extended-range electric vehicles (EREVs) to bridge the gap. A recent NBC News report highlights how EREVs, a type of plug-in hybrid, offer a practical solution by combining electric propulsion with a small gas engine, delivering impressive ranges…
Hyundai Motor Co. is set to raise the price of all its US vehicles, including electric models, by 1% as early as next week, a move aimed at cushioning the impact of tariffs imposed by President Donald Trump. The South Korean automaker’s decision, reported by Bloomberg, comes as the industry braces for increased costs, potentially…
In the rural outskirts of Hiroshima, a Japanese startup named KG Motors is making waves in the electric vehicle (EV) industry with its ultra-compact, single-seat mibot. Priced at just $7,000 (¥1 million), this battery-powered one-seater has already secured over half of its 3,300-unit production goal in pre-sales, positioning it to outpace even Toyota in Japan’s…
A recent study from American Muscle highlights why electric vehicle (EV) adoption is stalling despite growing interest. High upfront costs and sparse charging infrastructure are pushing buyers away, even as automakers like BMW and Kia roll out models like the 2026 iX and EV9 GT. Economic pressures and dealership experiences further complicate the shift to…
The electric vehicle (EV) market is facing a turbulent shift as used Tesla resale values have taken a sharp dive in 2025, driven by a mix of oversupply, consumer sentiment, and industry-wide depreciation trends. According to a recent Forbes report, Tesla owners are grappling with a steep 27% year-over-year drop in resale value, making now…
A proposed budget from House Republicans could end the $7,500 federal tax credit for electric vehicles (EVs), a move that may stall EV adoption and hit automakers like General Motors (GM) and Ford hardest, while Tesla stands to gain. The proposal, aimed at reducing federal spending, could reshape the EV market just as legacy automakers…
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