Tag: EV news
Lordstown may face bankruptcy after Foxconn threatens to withdraw funding
Lordstown Motors could face bankruptcy after allegedly breaching its contract with Taiwanese technology manufacturer Foxconn.
According to Lordstown's filing with the Securities and Exchange Commission...
Tesla hikes prices globally after several price cuts in Q1
After lowering the cost of its best-selling models several times since the beginning of the year, Tesla revealed that it had increased its prices...
Biofuel credits for EV makers could see delay under GOP-led resistance
The Biden Administration is considering a delay to a rule proposed by the Environmental Protection Agency (EPA), which would allow electric vehicle makers to...
Toyota owners most-likely to trade in their vehicle for a used...
According to a recent report by used car dealer CarMax, Toyota was the most traded-in brand for used EVs in the U.S. between September...
Could low sales push automakers to abandon the EV market? –...
All eyes are on the electric vehicle market as automakers, politicians and consumers push for clean energy. But what do the numbers actually show...
Tesla’s growing inventory at odds with recent price cuts
Tesla's inventory in the U.S. has reached a new high, indicating that recent price cuts from the EV maker might not be doing enough...
Honda teases mystery EV, reveals new 2024 Prologue SUV details
On April 26, Honda revealed additional details for its upcoming electric vehicle lineup including the 2024 Prologue and an unnamed model planned for 2025.
Honda...
Global EV sales expected to climb 35% in 2023, IEA reports
In a report by the International Energy Agency (IEA), EV sales increased to 10 million last year, with China accounting for approximately 60% of...
GM to stop making Chevy Bolt after increasing 2023 guidance
Coming off one of its most successful quarters, General Motors has revised its 2023 guidance to account for greater earnings and revenue than it...
GM and Samsung partnership announces new $3 billion U.S. battery cell...
General Motors and Samsung SDI have announced they are partnering to build a new $3 billion battery cell factory in the U.S. to power...
