May 02, 2024
Tesla CEO Elon Musk has almost entirely fired the team – some 500 people – responsible for the Supercharger network, including Rebecca Tinucci, senior director of EV charging, who talked the whole car industry in America into adopting Tesla’s NACS standard. Musk earlier said that cutting 10% of the 140,000 jobs would be necessary to […]
April 26, 2024
Honda has announced building four electric vehicle and battery plants in Canada, which is increasingly becoming an eldorado for the global electric vehicle industry. The move from the Japanese automaker marks the largest automotive investment in Canadian history, representing a historic €10.2 billion investment. Honda CEO Toshihiro Mibe announced during a press conference in Alliston, […]
April 26, 2024
Ford Motor Company reported in its first-quarter results a whopping 84% plunge in revenue from its all-electric Model e division. While the commercial department is demonstrating positive growth, and the Detroit giant exceeded overall expectations, it is grappling with substantial challenges in its electric vehicle (EV) sector. Overall, the news isn’t bad. Recording $42.8 billion […]
April 24, 2024
In its Global EV Outlook, the International Energy Agency (IEA) predicts a “robust” 20% growth in electric vehicle (EV) sales for the entirety of 2024. This optimistic projection positions the year to shatter previous records, with an estimated 17 million EVs expected to be sold. The findings are surprising as they collide with earlier signs of […]
April 12, 2024
Officials failed to reach on agreement on EV subsidies for cars exported from the EU to the US. The recent negotiations were considered a last chance before presidential elections might turn the tables. However, negotiations will continue. The EU and the US have held talks for some time to reach a bilateral agreement over EV […]
April 05, 2024
New Jersey, the US’s ‘Garden State’, is imposing the highest road tax on electric vehicles nationwide, requiring a $250 fee yearly, increasing by $10 each year to top off at $290 in 2028. The money is used for the state’s Transportation Trust Fund to maintain roads, railways, and bridges. While EVs worldwide are mostly exempted […]
April 02, 2024
Alliance partners Nissan and Mitsubishi have been collaborating since 2016 in their home market of Japan. Still, a plan has been formed to extend this pooling of resources to North America. A Mexico-built 1-ton pickup truck and a plug-in hybrid vehicle for Nissan are first on the agenda to strengthen both brands in the US. […]
April 01, 2024
China has escalated its confrontation with the United States over electric vehicle (EV) subsidies by filing a complaint with the World Trade Organization (WTO). Beijing deems the practices under the US Inflation Reduction Act (IRA) “discriminatory”. It feels targeted in particular and believes they are a form of unfair competition in the changing automotive market. […]
March 21, 2024
President Joe Biden is pushing the American car industry toward reducing CO2 emissions by 50% in 2032 compared to 2026, as first announced last year in April. However, under pressure from carmakers and unions, he has allowed a more ‘lenient’ path to achieving that in the 2027-2030 period, with no longer stringent quotas for the […]
March 07, 2024
Ford has updated the full-size E-Transit in the US, boosting the range by 26 to 32 percent thanks to a new 89 kWh battery. The electric van also gets 49 percent faster charging while the price only increases slightly for the American market. A European launch has not yet been announced. The 2022 E-Transit was […]
