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Toyota chairman Akio Toyoda expects EV market share to reach a total of 30% "no matter how much progress BEVs make." Engine

Toyota faces legal action for falsifying engine emissions testing

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A Nikkei article reported on February 19 disclosed that Japan's transport ministry is preparing to take legal action against a Toyota Motor affiliate for...
Ford has offered discounts on multiple Mach-E variants shortly after Tesla's decision to slash prices for the Model Y.

Ford discounts electric Mach-E as EV competition heats up

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Ford has cut prices on last year's Mach-E lineup as it looks to boost competition with Tesla and improve upon its marginal electric vehicle...
The Environmental Protection Agency is planning to lower strict emission standards proposed last year, effectively slowing the EV transition.

EPA to re-evaluate tailpipe emission standards after industry pushback

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The Biden Administration is planning to relax strict tailpipe emission standards proposed by the Environmental Protection Agency (EPA) last year in an effort to...
On February 15, Lucid implemented its second price reduction in two months for the Air Pure sedan, now starting at an MRSP below $69,900. 

Lucid cuts Air Pure sedan prices to address buyer concerns and...

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On February 15, Lucid implemented its second price reduction in two months for the Air sedan, now starting at an MRSP below $69,900.  With the...
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

How Tesla is banking billions in regulatory emissions credits

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Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Up-and-coming electric vehicle manufacturer Bollinger Motors will its products through LaFontaine Automotive Group starting later this year.

EV brand Bollinger Motors signs deal with LaFontaine dealership group

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Electric vehicle startup Bollinger Motors has formally announced its first-ever retail partnership with LaFontaine Automotive Group, a dealership with multiple locations in Michigan. The new...
A new electric vehicle credit transfer process has resulted in the distribution of $135 million to car dealers since the start of the year.

Treasury says new electric vehicle credit process seeing early success

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The U.S. Department of Treasury has distributed $135 million in electric vehicle credit reimbursements to car dealers since the start of the year after...

J.D. Power study shows EVs face more wear and tear than...

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A recent J.D. Power study has highlighted a growing issue in the auto industry. Vehicles are becoming less reliable after three years of ownership. The...
Rivian, the electric truck and SUV manufacturer has cut $3,100 off the base models in anticipation of the release of its more affordable R2.

Rivian shaves off over $3,000 for R1T and R1S base models

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As demand for EVs declines in the face of a faltering economy, automakers have slashed their costs for EVs during the past year. Before...
Ionna, an electric vehicle charging network backed by seven major automakers, has officially commenced operations in North America.

OEM-backed Ionna EV charging network gets a CEO and regulator approval

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Ionna, a joint-venture project involving seven automakers to build a massive electric vehicle charging network across the U.S. and Canada, has officially launched following...