NewsRoom Articles - Page 5 of 126

ThursdayAug 28, 2025 10:00 am

IRS Provides Tax Credit Breathing Room for EV Buyers

Americans interested in switching to electric mobility have more time to take advantage of the federal EV tax incentive after the Internal Revenue Service (IRS) amended the terms governing the phase-out of the historic tax incentive. First launched by the Bush administration and expanded by the following Obama and Biden administrations, these incentives were instrumental in making battery electric vehicles (BEVs) more affordable to average consumers and boosting BEV adoption in the country. However, the Trump administration's massive spending and tax bill hastened the expiration date of these federal tax incentives, putting immense pressure on drivers who have plans to…

TuesdayAug 26, 2025 10:00 am

AI Can Improve EV Battery Lifespan and Safety, Study Finds

A study conducted by researchers from Uppsala University's Ångström Advanced Battery Center has found that artificial intelligence can be used to improve the safety and lifespan of electric vehicle batteries. Led by materials chemistry Prof. Daniel Brandell, the research team built an artificial intelligence model that can accurately map how an EV battery will degrade as it ages over time, potentially opening the door to safer and longer-lasting electric vehicle batteries. With the global transition from internal combustion engine (ICE) cars to EVs losing momentum due to the rapid degradation of EV batteries, the AI tool could not have come…

FridayAug 22, 2025 10:00 am

EV Uptake is Now Surging in South America

Recent data points to a notable surge in electric vehicle purchases across South America, marking a major reversal of the region's EV adoption trajectory after it spent most of the 2010s lagging behind the U.S., China, and Europe. Although South America is undoubtedly late to the electric vehicle transition and remains a minor player in the global EV market, it has been adopting electric cars at a blistering pace over the past couple of years. As 2024 drew to a close, several South American markets had passed the 5% electric vehicle sales threshold that signals rapid EV adoption has begun. …

ThursdayAug 21, 2025 10:00 am

Research Shows EV Repair is Becoming Cheaper

A recently published German study reveals that electric vehicle repair costs are falling as EV adoption increases and electric cars become more common. The research found that the gap between electric vehicle and internal combustion engine (ICE) vehicle repair costs has narrowed over the past year, indicating that insurers and repair shops are gaining much-needed experience in the growing EV repair segment. When battery electric vehicles (BEVs) first launched, the scarcity of technicians with EV repair experience, coupled with high insurance coverage costs, made repairing electric cars prohibitively expensive. Most mechanics had never worked with electric cars, and the few…

TuesdayAug 19, 2025 10:00 am

Why Ford May Be Ramping Up Its EV Investments

American automaker Ford recently announced a $5 billion investment in developing a new line of battery electric vehicles (BEVs), a surprising move given the Trump administration's increasingly anti-electric vehicle stance. Unlike the Biden administration, which invested tens of billions into America's EV sector and charging infrastructure, the Trump administration has adopted an adversarial position toward electric cars, rolling back most climate-related policies, instructing states to stop using federal funds for public charging stations, and accelerating the expiration of EV and renewable energy incentive programs. Given these factors, Ford's billion-dollar bet on electric vehicles may seem counterintuitive. American carmakers were already…

FridayAug 15, 2025 10:00 am

Why Xiaomi is Succeeding in Making EVs Yet Apple Failed

Project Titan was a secretive initiative launched under Apple CEO Tim Cook to develop a fully autonomous electric vehicle with luxury features, advanced artificial intelligence, and possibly no steering wheel. Apple hired hundreds of engineers from Ford, Tesla, and other carmakers to work on the development of its first electric car but the project was marred by challenges such as technical struggles, leadership changes, concerns about cost and profitability, and failed partnerships with established automakers. The result was a decade of work with little to no results, $10 billion lost, and a costly failure on Apple’s record. Xiaomi, on the…

ThursdayAug 14, 2025 10:00 am

VinFast Signs Agreement to Recycle EV Batteries in India

Vietnamese electric vehicle firm VinFast has advanced its entry into the Indian market via an agreement with BatX Energies, the largest lithium-ion battery recycling firm in India, to recycle electric vehicle batteries in the country. A recent report from Express Drives notes that the battery recycling company will be in charge of recycling high-voltage EV batteries, recovering reusable material, and repurposing them for secondary applications. The report comes weeks after VinFast paused its expansion into Western markets amidst significant competition, negative media attention, and numerous operational challenges. Although electric vehicles still account for a tiny portion of global vehicle sales,…

TuesdayAug 12, 2025 10:00 am

EV Sales Skyrocket as US Tax Credit Window Shrinks

Electric vehicle sales in the U.S. have surged in recent weeks as buyers rush to purchase battery electric vehicles (BEVs) before the federal tax credit for EV purchases expires. Established under the Bush administration in 2008 and adapted by the following two administrations, the tax credit supported hundreds of thousands of electric vehicle purchases in the U.S. and played a key role in getting the country’s nascent electric vehicle industry off the ground. However, with the credit set to expire on September 30, buyers in the U.S. are racing to take advantage before the window closes, resulting in a surge…

FridayAug 08, 2025 10:00 am

China Tells EV Makers to Stop Counterproductive Price Wars

Beijing has warned Chinese electric vehicle makers against taking part in counterproductive price wars to protect the country’s economy. As the largest electric vehicle market, China is home to dozens of EV startups and companies engaged in ferocious competition as they each try to secure a portion of the massive Chinese market for themselves. One of their main tactics involves deploying drastic price cuts to make their products cheaper than their competitors, contributing to rising rates of electric vehicle oversupply and overcapacity in the country. According to the Chinese government’s statement to local EV manufacturers, this has resulted in “involution”…

ThursdayAug 07, 2025 10:00 am

VinFast Opens EV Plant in India After Halting its US Expansion

Vietnamese electric vehicle company VinFast has launched an electric vehicle manufacturing facility in India, the second-largest economy in Asia, several months after it paused its plans to expand to the U.S., Canada, and Europe. The company initially planned to expand into several major Western markets but pulled the plug on its expansion plans because of high logistical costs that left it with nearly $10 billion in accumulated losses. The automaker is now focusing its efforts on Asia and opened its first electric vehicle production plant in India on Aug. 4. Located on a massive 400-acre lot in Sillanatham, Thoothukudi district,…

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