In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric portfolio—meaning that the money GM is making f
A $400 billion green bank for clean energy projects and a popular consumer tax credit for electric vehicles are among federal programs being scrutinized amid a broader order from the Trump administration for a government-wide spending freeze.
Electric vehicle sales in Europe will accelerate in 2025 mainly thanks to a German recovery, but EU mandated targets for 2030 look hopelessly optimistic.
Global sales of fully electric and plug-in hybrid vehicles will rise by at least 17% this year to over 20 million cars, helped by an extension of China's auto trade-in subsidies, research firm Rho Motion forecast on Tuesday.
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 locally, starting with the batteries, to cut costs. The new EV is expected to be the entry-level model for its upcoming Honda 0 Series. It will be a cornerstone for Honda’s global expansion.
Japan's Honda Motor plans to launch a small electric vehicle priced below $30,000 in North America by as early as 2026, the Nikkei newspaper said on Tuesday, as it plays catch-up in the battery-powered car market.
GM continues to grow is all-electric vehicle business, recently setting its sights on an ambitious wholesale electric vehicle target for the 2025 calendar year.
It's not easy to profit off EVs, but GM just took a big step in the right direction.
The joint venture with Volkswagen is drawing interest from other automakers eager to adopt Rivian's advanced tech, signaling a shift in EV industry dynamics.
GM’s share of the US electric vehicle market doubled in the fourth quarter as the new Chevy Equinox EV became a top seller. With new electric Cadillac SUVs arriving this year, GM sees more growth opportunities in 2025. Meanwhile, it will likely face a few headwinds. Here’s what to expect.
In its quest to get a million electric vehicles on the road by 2030, Illinois was counting on $148 million in federal funding to help build a statewide network of public EV chargers. Now that funding has been frozen — and targeted for possible reduction or elimination — under a wide-ranging executive order that President Donald Trump signed on his first day in office.