EVs: Page 12
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Courtesy of Stellantis
Stellantis revenues slip 12% as it preps for next-gen product launches
The automaker is debuting 25 new or updated products in 2024, 18 of which will be battery electric vehicles.
By Haley Cawthon • April 30, 2024 -
Courtesy of Hyundai Motor Group
Hyundai shifts focus to hybrids as EV demand declines
Despite record-setting Q1 revenues, the automaker said its EV sales slipped nearly 5% year over year.
By Eric Walz • April 29, 2024 -
welcomia/iStock/Getty Images Plus via Getty Images
Dealer service satisfaction improves, despite growing wait times and prices
Non-Tesla EV drivers reported the lowest satisfaction with new-vehicle dealership services, a J.D. Power study found.
By Kalena Thomhave • April 29, 2024 -
Courtesy of Volkswagen Group
Volkswagen looks to boost tech, cut costs in China
The country’s transition to electric vehicles and growing local competition is making it harder for overseas automakers to stay competitive.
By Eric Walz • April 29, 2024 -
Anna Moneymaker via Getty Images
GM CEO’s compensation falls 4%
Mary Barra is no longer the highest-paid executive among the Detroit Three automakers.
By Haley Cawthon • April 29, 2024 -
Courtesy of Honda Motor Co.
Honda invests billions in Canada to set up EV production hub
The CAD $15 billion ($11 billion) investment into the automaker’s supply chain includes two factories and materials processing projects with joint venture partners.
By Eric Walz • April 25, 2024 -
Courtesy of Cruise LLC
For Cruise robotaxi business, GM considers ‘outside investments’
Despite billions in losses attributed to its Cruise subsidiary, General Motors CEO Mary Barra said the company believes in the technology.
By Dan Zukowski • April 25, 2024 -
Courtesy of PR Newswire
Toyota to assemble new EV at Indiana plant
The automaker will add up to 340 jobs at the facility with a $1.4B investment.
By Haley Cawthon • April 25, 2024 -
Courtesy of Ford Motor Co.
Facing pricing pressure, Ford takes big loss on EVs
CEO Jim Farley called the segment a “huge drag” on the automaker and the industry overall.
By Haley Cawthon • April 25, 2024 -
Courtesy of Nissan Motor Co. Ltd
Nissan slashes operating profit amid sales dip
The automaker lowered its forecasted sales volume for fiscal year 2023 to 3.44 million vehicles last week.
By Haley Cawthon • April 24, 2024 -
Courtesy of General Motors
GM aims to build up to 300K EVs in 2024
The automaker anticipates that new electric vehicle launches will help it achieve its ambitious sales targets in 2024.
By Eric Walz • April 24, 2024 -
Courtesy of Tesla Inc.
Tesla accelerates launch of new models
The EV maker said production for a new vehicle lineup will start months earlier than originally announced and include a more affordable model.
By Haley Cawthon • April 23, 2024 -
Courtesy of General Motors
GM Energy rolls out its first vehicle-to-home EV charging products
The bidirectional charging technology allows an electric vehicle’s battery to provide backup power to homes.
By Eric Walz • April 22, 2024 -
Courtesy of Tesla Inc.
Tesla recalls Cybertruck to fix accelerator pedal problem
The recall is Tesla’s fourth this year and involves 3,878 Cybertrucks manufactured from Nov. 13, 2023 through April 4.
By Eric Walz • April 20, 2024 -
Courtesy of American Honda Motor Co., Inc
Honda details progress on Ohio EV hub
The automaker is retooling facilities in Marysville, Anna and East Liberty, Ohio.
By Eric Walz • April 18, 2024 -
Courtesy of Rivian Automotive
Rivian cuts 1% of workforce
The EV maker said the latest round of layoffs are part of a continued effort to right-size the business.
By Haley Cawthon • April 18, 2024 -
Courtesy of Michelin North America
Satisfaction gap widens between EV and ICE tires
BFGoodrich, Continental, Falken, Goodyear, Hankook, Kumho and Michelin are among the top-performing original equipment tire brands, according to a J.D. Power study.
By Kalena Thomhave • April 16, 2024 -
Courtesy of Rimac Technologies
BMW, Rimac Technology to co-produce battery tech for EVs
The electric vehicle technology company expects the partnership — its largest and most ambitious yet — will help it become a high-volume Tier 1 automotive supplier.
By Eric Walz • April 16, 2024 -
Courtesy of Tesla Inc.
Tesla to cut 10% of global workforce: reports
CEO Elon Musk cited the company’s push for cost reduction and existence of duplicative roles as reasons for the layoffs.
By Eric Walz • April 15, 2024 -
Courtesy of Cruise LLC
Cruise to resume mapping for robotaxis in Phoenix
It’s the first deployment of the company’s vehicles on public roads since California regulators suspended its permits last fall.
By Eric Walz • April 11, 2024 -
Courtesy of Kia Corporation
Kia wants electrified vehicles to make up 58% of sales by 2030
The automaker will lean more into hybrid vehicles as short-term EV demand stagnates.
By Eric Walz • April 11, 2024 -
Spencer Platt via Getty Images
How cities are building out public EV charging infrastructure
As more electric vehicles hit the road, municipalities and property owners are working with contractors to deploy public charging infrastructure.
By Joe Burns • Updated April 12, 2024 -
Brandon Bell via Getty Images
Elon Musk teases Tesla robotaxi
The CEO’s announcement comes five years after he first told investors Tesla expected to put one million robotaxis on the road in 2020.
By Haley Cawthon • April 9, 2024 -
Courtesy of Rivian Automotive
Rivian keeps production pace as it preps for plant retooling
The startup’s CFO said the new technology at the facility will result in “significant cost savings.”
By Haley Cawthon • April 9, 2024 -
Courtesy of Ford Motor Co.
Ford to expand hybrid offerings, delay EV launches
With demand for EVs decreasing, the automaker will focus on launching new hybrid models and upgrading its manufacturing facilities.
By Eric Walz • April 5, 2024
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