NewsRoom Articles - Page 3 of 126

TuesdayNov 04, 2025 10:00 am

Why EVs Could Soon Be Cheaper Than Gas Cars

Electric vehicle prices are falling faster than ever across the United States, Europe, and China, bringing battery-powered cars within reach of gasoline vehicle price points for the first time. The shift marks a fundamental change from years of premium pricing and is primarily driven by collapsing raw material costs, aggressive manufacturer discounting, and an influx of affordable Chinese models flooding global markets. Lithium and nickel prices have fallen by over 60% from their 2022 peaks, dramatically reducing battery production costs. A global price war triggered by major players like Tesla, BYD, Hyundai, and Nissan has led to steep discounts across…

FridayOct 31, 2025 10:00 am

Reports Indicate Canada is Poised to Lift Tariffs on EVs from China

Canada has initiated a formal review of its 100% tariff on electric vehicles imported from China, with speculation mounting that the measure could be eliminated as Prime Minister Mark Carney prepares to meet Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation summit. The reassessment represents a potential departure from Washington's trade stance and could reshape North American automotive competition. Ottawa imposed the tariff in October 2024, citing concerns that Chinese manufacturers benefited from state subsidies and unfair production practices. Beijing responded with retaliatory measures in March and August 2025, imposing duties on Canadian agricultural products including canola oil, oil-cakes,…

ThursdayOct 30, 2025 10:00 am

France Starts Testing Motorway That Can Charge EVs

France has begun testing a motorway system capable of recharging electric vehicles as they travel on the A10 route nearly 25 miles southwest of Paris. Engineers embedded induction coils beneath 0.9 miles of asphalt on the A10 motorway and connected them to electrical power supplies controlled through software and sensor systems. Dubbed ‘Charge as You Drive’, it is a collaboration between Electreon, VINCI Autoroutes, Hutchinson, Gustave Eiffel University, and VINCI Construction to test the feasibility of dynamic wireless charging technology under real traffic conditions. When electric vehicles equipped with receiver coils pass over the sections with embedded coils, energy transfers…

TuesdayOct 28, 2025 10:00 am

Hyundai Seeks Patent for EV Battery Resembling Gas Engine

Hyundai Motor Company has filed a patent for an unconventional battery architecture that positions energy storage behind the driver, replicating the mid-engine configuration found in performance vehicles. The South Korean automaker's T-shaped battery arrangement aims to deliver balanced mass allocation and handling dynamics that are similar to high-performance sports cars without impacting electric vehicle efficiency. Patent documentation reveals the energy module positioned between the rear axle and cabin area. One arm of the T sits laterally across the rear wheel span, with the perpendicular section extending forward into the area beneath passengers. This configuration enables manufacturers to preserve low, aerodynamic…

FridayOct 24, 2025 10:00 am

GM Loses $1.6 Billion as the EV Landscape Changes

General Motors (GM) has recorded a massive $1.6 billion loss as dwindling electric vehicle demand and limited federal support have forced American automakers to rethink their electrification strategies. Several major carmakers in the country went all-in on electrification during the Biden administration and invested tens of billions of dollars in building new electric vehicle lines to lead America's electric vehicle future. However, these companies miscalculated market demand for electric cars and failed to account for how high prices, range anxiety, and customer disinterest in electric cars would affect demand. As a result, most carmakers had to go back to the…

ThursdayOct 23, 2025 10:00 am

California EV Sales Hit Record in Q3 of This Year

America's largest electric vehicle market registered record EV sales in the third quarter of 2025. California drivers bought a record 124,755 electric cars between July and September 2025, raising quarterly EV sales to 29.1% of total vehicle sales. This is the highest share of EV sales California has ever recorded in a single quarter and underscores the Golden State’s enduring demand for zero emission vehicles. The record sales numbers come during a challenging time for the country's fledgling new energy vehicle segment. The Trump administration has stripped many of the federal incentives and subsidies that enabled EV purchases in the…

TuesdayOct 21, 2025 10:00 am

Lamborghini Backtracks on EV-Only Future

Italian sportscar manufacturer Lamborghini will continue using internal combustion engines for at least another decade, citing declining customer enthusiasm for battery-powered vehicles among luxury buyers. Chief Executive Stephan Winkelmann told the media that customers still desire the sound and emotional experience traditional engines provide, allowing Lamborghini to focus on hybrid powertrains instead of full electrification. The automaker plans to decide within weeks whether its planned Lanzador grand tourer will be fully electric or adopt plug-in hybrid technology. It has already postponed an all-electric successor to its Urus luxury SUV from 2029 to no earlier than 2035, reflecting a strategic recalculation…

FridayOct 17, 2025 10:00 am

Using EVs for Ecommerce Deliveries Could Slash Urban Emissions, UNEP Says

Electric vehicles used for e-commerce deliveries could dramatically reduce urban emissions as online shopping continues expanding globally, the United Nations Environment Program (UNEP) says. Major delivery platforms recently launched Deliver-E in Dubai to electrify their vehicle fleets, with UNEP coordinating through its Global Electric Mobility Program. Founding members include Delivery Hero, DoorDash, iFood, Mr. D, Swiggy, Uber, Wolt, and Zomato, whose combined operations span numerous countries with billions of annual delivery trips. Delivery vehicle numbers will grow more than one-third worldwide by decade's end as e-commerce expands, with traffic and carbon dioxide output expected to climb roughly 60% without operational…

ThursdayOct 16, 2025 10:00 am

China Tightens Requirements for Accessing NEV Tax Incentives

China established dramatically stricter eligibility criteria for new energy vehicle purchase tax exemptions, implementing comprehensive technical standards effective January 1, 2026. Officials from three government agencies jointly announced the requirements October 9th, signaling Beijing's strategic shift toward prioritizing vehicle quality and efficiency over market volume expansion. This regulatory tightening will reshape manufacturer strategies and consumer options throughout the world's largest automotive market. Plug-in hybrids face the most dramatic threshold increases. Minimum electric-only driving capability must reach 62 miles, up from approximately 26 miles previously, a transformation analysts project will exclude nearly two-fifths of current models from eligibility. Lighter vehicles weighing…

TuesdayOct 14, 2025 10:00 am

US EV Industry Transforms as Expired Incentives Become New Reality

After years of supporting American electric vehicles, federal tax credits purchases ended on October 1st and eliminated tax incentives for both new and used electric cars. Although buyers rushed to complete purchases before the deadline and created a temporary sales surge, the U.S. electric vehicle market is facing demand uncertainty now that the subsidies that allowed costly EVs to be price competitive with gas-powered cars are no more. Manufacturers have begun deploying various strategies to maintain electric vehicle sales momentum. Ford and General Motors will keep providing $7,500 lease incentives as they acquired vehicles before the federal tax incentives expired.…

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