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Japanese automotive giants Honda and Nissan are exploring a potential merger as both companies face mounting pressure in the global electric vehicle market, particularly from Chinese competitors. The historically independent automakers are weighing this unprecedented step to maintain competitiveness in an increasingly challenging EV landscape, reports the BBC. The potential merger discussions foll
A newly revealed policy document from Donald Trump’s transition team outlines sweeping changes to U.S. electric vehicle policy that would dramatically reshape the automotive industry’s electrification efforts. The proposed changes would redirect federal EV incentives toward battery production and national security priorities while rolling back emissions standards and charging infrastructure invest
Chinese electric truck manufacturers are leveraging their established EV supply chain advantages to dominate the nascent electric trucking sector, capturing 70% of global sales in 2023 despite electric trucks representing less than 1% of worldwide truck sales. However, this expansion faces mounting challenges from international tariffs and lingering quality perceptions, reports AFP. The strategy m
The Biden administration is poised to approve California’s ambitious plan to phase out new gasoline-powered vehicle sales by 2035, setting the stage for a significant shift in the American automotive landscape – and a looming political battle. The Environmental Protection Agency (EPA) is expected to grant California and 11 other states the necessary waiver under…
The European Union’s transition to electrified vehicles hit a significant milestone in 2023, with hybrid and battery-electric vehicles collectively matching traditional internal combustion engine (ICE) registrations for the first time. New data from Eurostat reveals that electrified vehicles captured 48.3% of new passenger car registrations, nearly equivalent to the 48.8% share held by pure petrol
The global electric vehicle market reached another milestone in November 2024, with sales of fully electric and plug-in hybrid vehicles climbing 32.3% year-over-year to 1.83 million units, marking the third consecutive record month according to data from market research firm Rho Motion, reports Reuters. China’s dominance in the EV sector continues to reshape the global…
Lucid Motors has reportedly secured an EPA-certified range of 450 miles for its new Gravity SUV, surpassing the company’s preliminary estimate of 440 miles, as mentioned before by the EV maker’s CEO, Peter Rawlinson. This achievement comes as Lucid begins production of the three-row luxury electric SUV at its Casa Grande, Arizona manufacturing facility. The…
VinFast plans to construct a second manufacturing facility in Vietnam’s Ha Tinh province, aiming to double its production capacity to 300,000 units annually. The Vietnamese automaker announced the expansion as part of its strategy to meet international demand, particularly for its smaller VF 3 and VF 5 models, reports Reuters. The new plant, scheduled to…
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