In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric portfolio—meaning that the money GM is making f
A $400 billion green bank for clean energy projects and a popular consumer tax credit for electric vehicles are among federal programs being scrutinized amid a broader order from the Trump administration for a government-wide spending freeze.
It's not easy to profit off EVs, but GM just took a big step in the right direction.
Electric vehicle sales in Europe will accelerate in 2025 mainly thanks to a German recovery, but EU mandated targets for 2030 look hopelessly optimistic.
The joint venture with Volkswagen is drawing interest from other automakers eager to adopt Rivian's advanced tech, signaling a shift in EV industry dynamics.
GM continues to grow is all-electric vehicle business, recently setting its sights on an ambitious wholesale electric vehicle target for the 2025 calendar year.
Global sales of fully electric and plug-in hybrid vehicles will rise by at least 17% this year to over 20 million cars, helped by an extension of China's auto trade-in subsidies, research firm Rho Motion forecast on Tuesday.
According to Nikkei, Honda plans to launch a smaller EV priced under $30,000 in the US as early as 2026. It will be made locally, starting with the batteries, to cut costs. The new EV is expected to be the entry-level model for its upcoming Honda 0 Series. It will be a cornerstone for Honda’s global expansion.
Washington state’s $45 million Electric Vehicle Instant Rebate Program for buying or leasing electric vehicles fell far short of promises to deliver environmental results and help middle-income people buy EVs,
The restyled 2025 iX has become the first battery-electric BMW to eke out more than 400 miles of EV range, with the German automaker claiming 435 miles.