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EV Prices Set to Drop in 2024, Offering More Affordable Green Options
F-150 Lightning

Electric Vehicles Lead the Charge in Record-Breaking Auto Incentives

Electric vehicles are at the forefront of a surge in auto incentives, with manufacturer rebates reaching levels not seen since before the pandemic. Kelly Blue Book reports that these incentives rose to around 7% of the average transaction price last month, the highest in over three years and about 60% higher than a year ago.…

BYD

Chinese EV Giant BYD Sets Sights on Pakistan with New Production Plant

Chinese electric vehicle manufacturer BYD has announced plans to establish a car production plant in Karachi, Pakistan, marking a significant step in the company’s global expansion strategy. This move, reported by Reuters, positions BYD as the first major new energy vehicle (NEV) entrant in the Pakistani market, where EV infrastructure is currently limited. BYD’s Bold…

California

Iowa Attorney General Leads Multi-State Effort Against California’s EV Mandate

Iowa Attorney General Brenna Bird has spearheaded a coalition of eight state attorneys general in filing a court brief supporting Ohio’s lawsuit against the Environmental Protection Agency (EPA) over California’s electric vehicle mandates, as reported by the Des Moines Register. The Controversial Mandate California’s mandate, passed in August 2022 by the California Air Resources Board,…

Rimac

Rimac Unleashes Nevera R: A New Pinnacle in Electric Hypercar Performance

The world of electric hypercars has just been jolted by Rimac’s latest creation, the Nevera R. This high-performance variant of the standard all-electric Nevera is pushing the boundaries of what’s possible in EV technology. According to information shared by Sawyer Merritt on X, the Nevera R is set to redefine speed and efficiency in the…

Rivian

Rivian Halts Production of Amazon Delivery Vans Due to Parts Shortage

Electric vehicle manufacturer Rivian has temporarily suspended production of its commercial delivery vans for Amazon, according to Reuters. The company cited a shortage of parts as the reason for the production halt, highlighting ongoing supply chain challenges in the EV industry. Supply Chain Woes Continue Rivian, like many other EV makers, has been grappling with…

Lucid Motors Smashes Delivery Records in Q3 2024, Faces Production Hurdles
Lucid

Lucid Air: Luxury EV Gets More Affordable, Pushes Efficiency Boundaries

Lucid’s electric luxury sedan, the Air, is now more accessible to consumers thanks to significant price reductions and the availability of demo models. This development marks a notable shift in the high-end EV market, potentially broadening the appeal of electric vehicles to a wider audience. Price Drops and Demo Availability The Lucid Air, once a…

Polestar

Polestar Begins US Production to Sidestep Chinese EV Tariffs

Swedish electric vehicle maker Polestar has started production of its Polestar 3 SUV in the United States, marking a significant step in avoiding major tariffs on Chinese-made cars, according to Reuters. Polestar Shifts Production Strategy Polestar, majority-owned by China’s Geely, has been manufacturing its vehicles in China and exporting them to overseas markets. However, recent…

China

Foxconn Enters EV Race with New Factory in China’s ‘iPhone City’

Taiwanese electronics giant Foxconn is making a bold move into the electric vehicle (EV) market, according to the New York Times. The company, best known for manufacturing iPhones, is planning to build a 700-acre campus dedicated to EV production in Zhengzhou, China – the same city where it produces most of the world’s iPhones. From…

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