GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
EV Sales In Europe Set To Spurt But 2030 Mandate Looks Impossible
Electric vehicle sales in Europe will accelerate in 2025 mainly thanks to a German recovery, but EU mandated targets for 2030 ...
$45 million EV rebate program exhausted by high income earners
Washington state’s $45 million Electric Vehicle Instant Rebate Program for buying or leasing electric vehicles fell far short ...
Trump Eyes Biden’s Green Bank, EV Tax Credits Amid Freeze
A $400 billion green bank for clean energy projects and a popular consumer tax credit for electric vehicles are among federal ...
EV car sales to top 20 million in 2025, research firm says
Global sales of fully electric and plug-in hybrid vehicles will rise by at least 17% this year to over 20 million cars, ...
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Honda wants to launch an EV for under $30,000 in the US as early as next year
According to Nikkei, Honda plans to launch a smaller EV priced under $30,000 in the US as early as 2026. It will be made ...
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GM Expects This EV Wholesale Target In 2025
GM continues to grow is all-electric vehicle business, recently setting its sights on an ambitious wholesale electric vehicle ...
GM just hit a huge EV milestone as the auto industry faces a tumultuous year
It's not easy to profit off EVs, but GM just took a big step in the right direction.
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Hyundai’s new $25,000 Inster EV will help double electric car sales in Europe this year
Despite its small size, Hyundai expects big things from its new low-cost electric SUV. Starting at around $25,000, the ...
Three Japanese automakers to release jointly developed EV vans
Three Japanese automakers have announced they will release their jointly developed mini-commercial electric vehicles in ...