EVs have surpassed at least 5% of new car sales in 23 countries, according to a new Bloomberg report. Much of that sales growth has happened in the past year, according to the report. Five more countries have 5% EV sales—which Bloomberg analysts consider a tipping point for mass adoption—than a year ago. And median EV sales were up 55%… More…
Author: greencarreports.com
Mercedes renews plans for its own EV fast-charging hubs
Mercedes-Benz has ambitious plans to create its own EV charging network, which it’s terming its High-Power Charging Network, on several continents. That will include more than 2,000 DC fast-charging connectors by the end of 2024, it says. This won’t be an aggregation of other networks’ stations. The company on Monday once again… More…
Revamped EV tax credit: Tesla, Toyota, Honda pushing back vs. union-made bonus
Honda, Tesla, and Toyota are pushing back against a proposal by Democrats in the United States House of Representatives to give union-made electric cars an additional $4,500 federal tax credit. The two Japanese automakers issued statements late last week criticizing the move, Reuters reported. Both Honda and Toyota operate non-union factories in… More…
400-mile electric British roadster: UK funds enable a glimpse of the future
At an event last week focusing on low-carbon and fuel-cell innovation, a consortium of four suppliers together revealed the Aura, a fully electric sports car that combines a series of ideas that may point to the future in which automakers put a higher priority on weight reduction in EVs. Funded by the UK’s Office for Zero Emission Vehicles… More…
Ford plans US electric truck factory, three battery plants: $11.4 billion, 11,000 jobs created
Ford on Monday announced its largest single manufacturing investment ever—$11.4 billion, which will include the creation of nearly 11,000 new jobs at two mammoth manufacturing complexes in Tennessee and Kentucky. The announcement was coordinated with a somewhat stepped-up target: Ford now plans for 40 to 50 percent of its global vehicle… More…
GM aims for affordable EVs with longer range with battery innovation center
General Motors sees a future of 600-mile EVs, enabled by advances that will double energy density, while it also targets a 60% cost reduction by mid-decade. On Tuesday GM announced another step it sees as essential for making that happen: an “innovation center” for battery technology, with the aim of accelerating development and… More…
GM teases glass roof in Silverado EV electric truck, due for CES debut
GM announced Wednesday that it plans to reveal the fully electric Chevrolet Silverado EV in January at CES in Las Vegas. The company also released a teaser of the truck, showing off the truck’s available fixed glass roof. It says the Silverado EV will be the first of its full-size trucks to offer such an arrangement. GM President Mark Reuss… More…
Tesla CFO: “Profound awakening” of EV desirability has caught company off-guard
Tesla has never had a problem with desirability. Starting with the Model 3, consumer interest in the company’s electric cars has startled even CEO Elon Musk at times. That frenzy continued with the Cybertruck. And demand for the company’s volume models, the Model Y and Model 3, is by no means softening; even with the entry of competing… More…
Lordstown Endurance electric truck delayed to Q3 2022, as Foxconn acquires factory
Earlier this year, Ohio’s Lordstown Motors teased the idea of having the first electric pickup in the U.S. market. But now, with Rivian R1T deliveries already happening, the Ford F-150 Lightning due in May, and the GMC Hummer EV in between, that window of opportunity has long passed. On Thursday, Lordstown confirmed a surprising plan… More…
Ford drops its plans to develop EVs with Rivian
Rivian, the truck-focused EV startup, might not play as much of a role in the future of Ford’s electric-vehicle strategy as it had previously indicated. In an Automotive News interview cited by the publication Friday, Ford CEO Jim Farley confirmed that plans are off for the two companies to develop future EVs together. “We want to… More…
First test confirms Lucid Air charges faster than Model S or Taycan
The Lucid Air can charge faster than a Tesla Model S or Porsche Taycan, a test by InsideEVs has confirmed. In a session at an Electrify America DC fast-charging station, a Lucid Air Dream Edition went from a 0% to 80% state of charge in 37 minutes, and the took another 45 minutes to get from 80% to 100%. That differential is typical of DC fast… More…
EV affordability threatened by cobalt prices: Did the US let resource control lapse over oil?
Just as the Middle East has been a strategic center in global oil politics, the Democratic Republic of Congo has become the epicenter for the raw materials needed for electric vehicles—especially cobalt. The country is the source of more than two-thirds of global cobalt, according to the New York Times—a boom that’s feeding… More…
Starting at $699 a month, you can subscribe to a Hyundai EV
Hyundai is bringing back its EV subscription program, aimed at providing “flexible access to electric vehicles.” For a locked-in monthly price, it’s wrapping in the vehicle plus insurance, roadside assistance, and maintenance. Pricing depends on the model and mileage, and it starts at $699 a month for the Kona Electric and $899 a month… More…
Production Ram 1500 REV electric truck teased in first photos
At the Chicago Auto Show, Ram has released a first look at the production version of its upcoming fully electric pickup truck, to be called Ram 1500 REV. The very limited preview, for now, comes in the form of two photos that show badges and front-end styling. More details are set to come on Super Bowl Sunday, Feb. 12, Ram said. In teaser photos… More…
Battery plant key to Ford EV affordability reportedly set for Michigan
Ford is reportedly partnering with the world’s largest supplier of EV battery cells, China’s CATL, for a plant in Michigan that will produce them for upcoming Ford electric vehicles, according to Friday afternoon reports from the Detroit News and Bloomberg. Outside of Ford’s $11.4 billion electric truck manufacturing complexes in… More…
Ram 1500 REV electric truck photos show it’s no design revolution
On Super Bowl Sunday, Ram released a first set of photos revealing that, in production form, the Ram 1500 REV electric pickup truck won’t be nearly as radical in design as suggested by the Ram 1500 Revolution BEV Concept shown at CES last month. In a full set of exterior photos released ahead of an anticipated Super Bowl commercial that may… More…
Tesla took 11% of 2022 California market—only EVs, no pickups
Tesla had 11.2% of the 2022 California new-car market, making it the second-highest-selling brand in the state with a lineup of only EVs, according to a report from the California New Car Dealers Association (CNCDA). The 2022 results put Tesla behind Toyota’s 17.3% and ahead of Ford, which took 8.4% of the market. But Tesla is gaining, as it saw… More…
$2B DOE loan to Redwood Materials could boost US EV battery content
Battery-recycling firm Redwood Materials may soon received a $2 billion loan from the U.S. Department of Energy (DOE) to expand its operations. The DOE on Thursday made a conditional commitment for the loan, which would go toward a $3.5 billion recycling and remanufacturing facility in Nevada, according to a Reuters report. The loan, which must… More…
Battery plant key to Ford EV affordability set for Michigan
Ford is partnering with the world’s largest supplier of EV battery cells, China’s CATL, for a plant in Michigan that will produce batteries for up to 400,000 American-made Ford electric vehicles annually. Outside of Ford’s $11.4 billion electric truck manufacturing complexes in Tennessee and Kentucky and its BlueOvalSK venture… More…
What are LFP batteries and why will some Ford EVs soon have them?
Ford announced on Monday that it’s planning the installation of lithium iron phosphate (LFP) batteries into its Mustang Mach-E starting later in calendar year 2023 and its F-150 Lightning in calendar year 2024. The shift will potentially bring lower EV prices, although that will “depend on what happens with the market,” according… More…