GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
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
Trump Eyes Biden’s Green Bank, EV Tax Credits Amid Freeze
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.
Tesla’s $600 billion run-up looks past major risks to EV growth
Tesla shares have become a vehicle for investors to wager on Musk himself, rather than the company. That has advantages, but also poses risks.
GM just hit a huge EV milestone as the auto industry faces a tumultuous year
It's not easy to profit off EVs, but GM just took a big step in the right direction.
EV Sales In Europe Set To Spurt But 2030 Mandate Looks Impossible
Electric vehicle sales in Europe will accelerate in 2025 mainly thanks to a German recovery, but EU mandated targets for 2030 look hopelessly optimistic.
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GM Expects This EV Wholesale Target In 2025
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.
Rivian’s Volkswagen partnership could reshape the EV market
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.
EV car sales to top 20 million in 2025, research firm says
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.
BMW De-Uglifies The Controversial iX EV For 2025
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.
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Honda wants to launch an EV for under $30,000 in the US as early as next year
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.
Japan's Honda eyes launching sub-$30,000 EV in North America, Nikkei says
Japan's Honda Motor plans to launch a small electric vehicle priced below $30,000 in North America by as early as 2026, the Nikkei newspaper said on Tuesday, as it plays catch-up in the battery-powered car market.
$45 million EV rebate program exhausted by high income earners
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,