NewsRoom Articles - Page 2 of 136

ThursdayAug 06, 2026 10:00 am

China Publishes New Testing Standards for Electric Vehicle Batteries

Recent reports from Chinese media have revealed that China has published new testing standards for electric vehicle batteries. The details outlined in the document cover implementation requirements for an EV battery standard that specifies the battery health readings for passenger electric cars in the light-duty class. These new standards set a narrow 5% error limit and could go a long way toward making drivers more trusting of EV battery health readings. The standards cap the difference between measured battery health and energy status findings and the readings shown on EV display systems at 5%. They also set up reference levels for measuring EV battery durability using vehicle…

TuesdayAug 04, 2026 10:00 am

Ferrari Sells Out its 2026 Quota of Luce EVs

Italian luxury car manufacturer Ferrari has sold out the controversial Ferrari Luce just two months after it first debuted. It was Ferrari’s first attempt at developing an all-electric car, and it definitely didn’t land the way Ferrari expected. The Luce drew harsh criticism in late May when Ferrari debuted it in Rome, with reactions to the electric car being so negative that the company’s stock declined by 8%. However, the controversy surrounding the Luce did not prevent buyers from snapping it up as soon as they could. Ferrari achieved its projected yearly sales volume of 500 units in just two…

FridayJul 31, 2026 10:00 am

Survey Finds Most Drivers Happiest in EVs

A new study published by data analysis and consumer intelligence firm JD Power has found that electric vehicle owners are the happiest drivers on the road. The 2026 Automotive Performance, Execution, and Layout (APEAL) study by JD Power found that EV drivers are happier about their vehicle purchases compared to drivers with gas-powered and hybrid cars. The study gauged the level of excitement and emotional attachment new vehicle owners felt for their vehicles. Its findings put electric cars in quite a positive light. While all new car owners were happier with their purchase in 2026 compared to last year, electric vehicle drivers were…

ThursdayJul 30, 2026 10:00 am

EV Registrations Surge Across the EU in H1 2026

Vehicle registration data released by the European Automobile Manufacturers’ Association (ACEA) has revealed that electric vehicle registrations surged by 5.7% across the European Union (EU) in the first half of 2026. The rise in EV registrations was largely due to increased demand for hybrid cars and battery electric vehicles (BEVs). In the meantime, automakers in the American market are increasingly moving away from pure EV production due to falling demand and an unfavorable political environment. Europe remains the second-largest electric vehicle market in the world after China. In the EU, BEVs made up 20.7% of the vehicle market in H1 2026, a 15.6% jump from H1 2025 that…

TuesdayJul 28, 2026 10:00 am

More US Automakers Abandon Their EV Plans

With more American automakers phasing down their electric vehicle production ambitions, America’s fledgling battery electric vehicle (BEV) sector is contracting at a notable pace. The early years of EV production in the country were filled with hope for the industry’s future, largely driven by Tesla and its game-changing electric Roadster. However, merely 2 decades after Tesla kickstarted the modern electric vehicle race, American firms are bowing out of the burgeoning industry. Low demand, high costs, and rising living expenses in the U.S. contributed to the initial decline in U.S. electric vehicle sales. The resulting shock was so jarring that nearly every established American carmaker lowered their electric vehicle ambitions. Planned investments were cut, models…

FridayJul 24, 2026 10:00 am

Why EV Prices are Quietly Dropping in Germany

A recent review of the German automobile market has found that electric vehicle prices are declining in Germany and the broader European market. According to joint research conducted by the Fraunhofer Institute for Systems and Innovation Research (ISI) and the International Council on Clean Transportation (ICCT), battery electric vehicle (BEV) prices have fallen by nearly 20% over the past half-decade. Furthermore, BEVs sold in European markets like Germany have steadily improved in range and performance, and potential buyers now have a lot more EV models to choose from. Researchers reviewed tens of thousands of vehicle data points from half a dozen auto market segments ranging from…

ThursdayJul 23, 2026 10:00 am

Deflationary Pressures Bite as China Slashes EV Incentives

Beijing's decision to cut electric vehicle tax incentives is taking a heavy toll on China's auto market as deflationary pressures squeeze consumer spending and government support erodes. In June, Chinese EV sales tumbled 11% year-over-year to a million units, a steeper decline than in global EV markets, which grew 7% during the same period. The weakness extended across the first half of 2026, with China's EV sales dropping 14% to 4.9 million units while global sales climbed to 9.6 million units with just 2% growth. Multiple economic forces are driving the market collapse in China. Beijing cut its EV purchase tax break that had shielded buyers…

TuesdayJul 21, 2026 10:00 am

Reports Suggest Lucid Could Go Private or File for Chapter 11 Bankruptcy

Sources have revealed that American tech and automotive company Lucid may be considering either going private or filing for Chapter 11 bankruptcy after it hired a consultancy firm to help improve its performance. Lucid tapped the services of AlixPartners, a financial advisory and consulting company that has advised major firms like General Motors and Enron Corp., to review strategic options that included filing for bankruptcy protection or going private. The automaker has struggled to achieve notable sales for the past couple of years and operates at a loss amidst falling stock prices, dwindling sales, and employee cuts. Facing such a grim picture, Lucid is reportedly…

FridayJul 17, 2026 10:00 am

California Offers Generous Rebates to First-Time EV Buyers

First-time electric vehicle buyers in California will be able to buy electric cars at subsidized rates after Governor Gavin Newsom signed legislation offering rebates for new and used EV purchases. California’s new rebate program, worth around $270 million, will provide $3,500 in rebates for vehicles costing up to $50,000 and $1,750 for second-hand electric cars priced at up to $25,000. Price has consistently been one of the main barriers to electric vehicle adoption, especially now that the early adopter phase has passed. With these rebates, potential first-time EV buyers in California now have a little more incentive to make the jump. Unfortunately,…

ThursdayJul 16, 2026 10:00 am

Volkswagen Group Reports a Drop in EV Sales

Volkswagen Group has reported a drop in electric vehicle sales amidst mounting competitive pressures from several major players in the EV segment. Battery-electric vehicle deliveries in the first six months of the year fell to 438,500 units, compared to 465,600 units in the first half of 2025, a 5.8% decline that dampened hopes for strong growth in Volkswagen’s BEV segment. Second-quarter BEV deliveries of 238,400 vehicles showed 4.2% year-over-year deterioration, with regional market data revealing sharply divergent trends in Volkswagen Group’s performance. European markets performed well, with 377,000 BEV units sold, up 8.4% year-over-year. By contrast, major growth markets experienced severe volume contraction, as BEV…

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