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By shopping with dealers registered with the IRS, a car buyer can use their electric vehicle tax credit as a down payment at the time of sale.

Dealer registration opens for electric vehicle tax credit transfer

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Dealers can now obtain direct access to consumer electric vehicle tax credits thanks to a new website launched this Wednesday by the IRS. By registering...
Hyundai saw sales rise 0.3% in the U.S. thanks in part to its EV lineup, continuing its 15-month streak of year-over-year increases.

Hyundai ekes out year-over-year victory in U.S., posts strong EV sales

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Hyundai Motor America continued to see stronger year-over-year sales in October, according to its monthly sales report published Wednesday. The South Korean brand recorded sales...
Toyota unveiled shared multiple updates, including pay raises, EV investments and profit forecasts, after the release of its Q3 report.

Toyota announces EV investments, higher profit and pay raises after Q3...

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Toyota delivered several updates in the wake of its third-quarter report, highlighting the speed with which the brand has recovered from its post-pandemic inventory...
Ford is increasing the number of chargers in its BlueOval Charge Network in North America by 25%, bringing the total to more than 106,000.

Ford expands its BlueOval Charge Network to include 3 new charging...

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Ford is increasing the number of chargers in its BlueOval Charge Network in North America by 25%, bringing the total to more than 106,000. The...
Panasonic has cut electric vehicle battery production and lowered its profit guidance amidst growing fears of slowing demand.

Panasonic cuts electric vehicle battery production amidst demand fears

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Japanese tech manufacturer and Tesla supplier Panasonic has reduced electric vehicle battery production, sparking fears of an electric vehicle slowdown. In its earnings report released...
Rivian has installed a 2.8 MW wind turbine that, when combined with solar power, will provide clean energy for charging every new EV.

Rivian’s Illinois plant fully embraces clean energy for EV charging

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At its Normal, Illinois, facility, Rivian has installed a 2.8 MW wind turbine that, when combined with solar power, will provide clean energy for...
Guidance and commitment to education from the dealership will make customers more comfortable switching and staying with EVs.

Navigating roadblocks: overcoming customer objections when selling EVs

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As electric vehicles continue rolling into inventory, dealerships play a pivotal role in selling these vehicles and educating potential buyers about the ins and...
Ford saw third-quarter earnings rise over the previous year but withdrew its full-year guidance amidst labor and electric vehicle concerns.

Ford earnings underwhelm analysts, automaker postpones EV investments

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Ford on Thursday retracted its full-year earnings guidance after posting an underwhelming third-quarter report. The announcement came on the same day company executives reached...
Stellantis will purchase a 20% stake in Chinese electric vehicle maker Leapmotor, with plans to help the brand secure overseas market share.

Stellantis to invest $1.58 billion in China’s Leapmotor, plans joint venture

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Stellantis has announced a $1.58 billion investment into Chinese electric vehicle maker Leapmotor. The investment will give the manufacturing conglomerate a 20% stake in the...
Although Lexus has already launched its first EV, the RZ, the Japanese brand, unveiled its promising LF-ZC concept at the Japan auto show. 

Lexus reveals next-gen LF-ZC concept, a luxury EV promising greater range

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Although Lexus has already launched its first EV, the RZ, the Japanese brand, unveiled its promising LF-ZC concept at the Japan Auto Show.  The company's...