Swedish battery maker Northvolt is undertaking a strategic review that could lead to job losses as the company aims to cut costs and scale back ambitious expansion plans, Reuters reported Monday. "No final decisions have been made on the precise nature of any (workforce) resizing," Northvolt said in a statement to Reuters. The company has…

Prices of one to five-year-old used EVs plummeted 25% over the past year. The average price of a used EV in the U.S. is now $27,000, lower than the average price of used gas cars and hybrids. Tesla Model 3, Kia Niro EV and Hyundai Kona Electric are among those leading this plunge.…

The European Union will lower proposed tariffs on electric vehicles from Tesla and certain Chinese automakers after hearing comments submitted by the automakers, Reuters reported Tuesday. Citing an anonymous source familiar with the matter, Reuters reported that the proposed tariff for Tesla EVs will drop from 9% to 7.8%, while the tariff for Geely will…

Even early adopters and those seeking to reduce their CO2 emissions wilt at some EVs’ first-year depreciation of 50 percent. Automakers, too, are feeling the heat. In a press release Ford said it was to broaden choices for customers as it “adjusts its rollout of pure electric vehicles to deliver a capital-efficient, profitable electric vehicle…

Data shows that only four states (plus Washington D.C) have the optimal number of charging units per EV driver. Deleware is in first place, up from 15th place last year.  Minnesota, Nebraska, Idaho and Alaska are all tied for last place. No, you aren’t crazy. It’s great to see more…

Lucid just gave everyone a sneak peek at its upcoming midsize SUV. On Tuesday at the automaker's technology and manufacturing day, Lucid revealed on Twitter (now known as X) a teaser image of a midsize SUV. Lucid said production is set for late 2026 and the crossover will cost less than $50,000. Lucid said…

The company also hopes automakers will adopt Autoware to develop their own autonomous vehicles, and Suzuki and Isuzu Motors have already invested in Tier IV. In this respect, Tier IV's strategy is different from that of Waymo , a US company that is vertically integrating the development of most of the technology required for self-driving…

Lucid's Technology and Manufacturing Day event gave several updates on the state of the company, the Gravity SUV and upcoming technology. A shadowy teaser of the new Project Midsize vehicle, coming soon.  The midsize platform is scheduled to start production in late 2026 with a starting price under $50,000. Two things…

Volkswagen is recalling 98,806 of its ID.4 electric vehicles due to defective door handles that could cause doors to open unexpectedly. The recall includes 2021-2024 models assembled in both Zwickau, Germany, and Chattanooga, Tennessee. The recalled vehicles may have door handles that can't effectively keep out water. VW believes less than 1% of the affected…

Another weird feature of electricity pricing are demand charges. These are fees that EV charging site hosts pay, and are based on their highest usage, in 15-minute to one-hour intervals, during a pay period. These demand charges help utilities deal with the various costs of building and maintaining an electric grid. But they’re frustrating in…