The Department of Energy (DOE) on Friday issued proposed guidance on foreign battery content in EVs that could cut the federal tax credit for some models. But it also provides a clearer picture for automakers and battery suppliers.
Starting Jan. 1, EVs are ineligible for the federal tax credit of up to $7,500 if they…
Most batteries powering today’s electric vehicles are made from subcategories of lithium-ion, with chemistries like nickel-manganese-cobalt (NMC), nickel-cobalt-aluminum (NCA), and lithium-iron-phosphate (LFP), among others. But if you’ve been plugged into battery developments this past week, you might be aware that an alternative seems to be gaining traction (again after initial reports in 2022). And that’s…
In November, NIO global electric car deliveries increased by over 12% year-over-year to 15,959, which on the one hand is a positive outcome, but on the other hand, it's kind of worrying. That's because of the volume, which has been oscillating around 16,000 units a month in the past three months. It's noticeably less…
In November, Subaru of America increased its car sales in the United States for the 16th consecutive month to 53,327 (up 6.4% year-over-year). So far this year, the company sold 574,322 cars, which is almost 15% more than a year ago. Meanwhile, last month, sales of the all-electric Subaru Solterra amounted to 943, which…
U.S. sales of EVs and hybrids are both soaring, but there’s a key difference that distinguishes EVs: By and large, the ones that are selling well remain priced as luxury goods.
That’s one of the takeaways from an electrified vehicle sales update, released Monday by the U.S. Energy Information Administration (EIA).
Harnessing data from…
Can Fisker accelerate to stability and deliver on all of its ambitious electric vehicle plans? Though the company has shown some progress lately, it posted a concerning update on Friday, announcing it would scale down production in December and produce fewer cars than initially estimated to preserve its cash reserves. In a statement, the company…
Remember when the Tesla Cybertruck was first revealed four years ago? Yes, it’s been that long, but the wait is sort of, kind of finally over because the first production-spec units of the heavily anticipated electric pickup truck have been delivered during a special event held at the company's headquarters in Austin, Texas, right next…
Love it or hate it, the Tesla Cybertruck is the biggest electric vehicle debut of 2023—and somehow also the most mysterious. Though it was first unveiled in concept form way back in 2019, we've spent all those years knowing very little about its actual range, battery size, capabilities and, perhaps most importantly, price tag. That…
Kia America reports 58,338 vehicle sales in the United States in November, which is 2.9% more than a year ago, and the best-ever November. So far this year, the company sold 722,176 vehicles (up 14% year-over-year) setting a new annual record with one month remaining in 2023. Even more interesting things are happening in…
In November, XPeng's global electric car deliveries increased month-over-month for the 10th consecutive time, reaching a new record. Observing XPeng is interesting since this is one of the first Chinese EV start-ups inspired by the Tesla brand. Also, XPeng is China's first automaker to implement a high-level ADAS for urban areas in series-produced cars.…