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
CES 2025, the largest tech event in the world, welcomed over 141,000 attendees from around the globe – eager to share and learn about the latest consumer technology innovations.
Some residents see the charging stations as an economic boom to the town, while others find it an assault on the oil and gas industry in Texas.
The customer says she was told the electric car would fully charge overnight. But it turns out that will require equipment upgrades.
In 2024, Tesla (TSLA) ’s electric vehicle deliveries fell for the first time in the company’s 21-year history. But according to CEO Elon Musk, that’s no cause for concern because Tesla’s future is all about A.I. and other non-automobile businesses. And investors seem to buy the argument—for now.
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.
Electric vehicle sales in Europe will accelerate in 2025 mainly thanks to a German recovery, but EU mandated targets for 2030 look hopelessly optimistic.
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.
It's not easy to profit off EVs, but GM just took a big step in the right direction.
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’s share of the US electric vehicle market doubled in the fourth quarter as the new Chevy Equinox EV became a top seller. With new electric Cadillac SUVs arriving this year, GM sees more growth opportunities in 2025. Meanwhile, it will likely face a few headwinds. Here’s what to expect.