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.
Electric vehicle sales in Europe will accelerate in 2025 mainly thanks to a German recovery, but EU mandated targets for 2030 look hopelessly optimistic.
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.
The state has yet to open any charging stations under the federal National Electric Vehicle Infrastructure program but had awarded $11.2 million last July
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.
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.
It's not easy to profit off EVs, but GM just took a big step in the right direction.
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.
UK ministers are drawing up plans to subsidise electric car purchases by guaranteeing consumer loans, as they look at ways to drive up sales that remain stubbornly below official targets.