NEW YORK - Global electric vehicle adoption continues to grow despite skepticism surrounding charging infrastructure, high battery replacement costs, and electricity grid strains. With the annual sales rising and more people willing to spend money on EVs, the entire market is expected to hit a new milestone in the following years. According to data presented
DETROIT - General Motors CEO Mary Barra has said there are so many companies trying to sell electric vehicles in China right now that it's driving a price war that isn't sustainable. Barra made the comments at the TechCrunch Disrupt conference in San Francisco on Tuesday, responding to a question about the explosion of EV sales
NEW YORK – Tesla EV Affordable Pricing Strategy 2025 is set to revolutionize the electric vehicle market. As the demand for more accessible EV options grows, Tesla's CEO Elon Musk has confirmed that a new low-cost vehicle will be launched in the first half of 2025. This strategic move not only intends to make electric
ANN ARBOR - The much beloved Volkswagen Microbus is back this time as an all electric mid-sized vehicle that gets about 235 miles of range and yes, you can also camp in it. Paul Eisenstein Veteran Detroit-based auto journalist Paul Eisenstein test drove the VW EV in San Francisco recently. He said it
DETROIT - Falling electric vehicle (EV) prices are leaving a growing number of drivers in negative equity, a top dealership chain has warned. Vertu Motors said on Wednesday that car retailers were coming under pressure as EVs coming off financing agreements were found to be worth less than the loan they are attached to. In most
NEW YORK–BMW, Ford and Honda have begun operations of the new joint venture that they announced last year and have appointed the first CEO and CTO. ChargeScape is a software platform that integrates electric vehicles into the power grid, shoring up grid stability while saving drivers money on their charging. The announcement underscores that automakers
Toyota is thinking about how we'll power our cars in the future. Fossil fuel, electric, hybrid and now hydrogen fuel cell electric vehicles (FCEVs) are some possible ways to go. Toyota has unveiled its portable hydrogen cartridges that could provide swappable power for future FCEVs at the Japan Mobility Show Bizweek 2024. Essentially, these large hydrogen cartridges
DETROIT - The specter of Chinese automakers flooding the U.S. market with less expensive but increasingly impressive electric vehicles might be responsible for more than a few sleepless nights among U.S. auto executives. For some industry watchers that wouldn’t be such a bad thing if it helps those executives send a clearer message about the
DETROIT - Making electric cars cheaper to buy and own is key to driving the industry’s growth. Because most Americans aren’t going to ditch their familiar gas-powered cars out of the goodness of their hearts or a soft spot for the climate. For that to happen, batteries need to get cheaper. Some good news on
DETROIT - General Motors may be about to become a leader in the growing market for electric vehicles. This looked unlikely even six months ago, when production problems and sales delays haunted the automaker’s rollout of its much-hyped EVs. The tables are turning, thanks to a combination of consistent management, strategic thinking and delays and
