Search Results for: Lucid

Electric vehicles are getting cheaper across most of the world, but the United States is moving in a different direction. A quarter of all new cars sold worldwide are now electric, according to a recent International Energy Agency report. Released on May 20, Global EV Outlook 2026 found that in the U.S., the figure remains stuck at roughly 10%, with the gap between … Continue reading “EV Prices Plummet Globally, Except in America”

The International Energy Agency projects that global electric vehicle sales will reach 23 million units in 2026. According to a recently published IEA report, electric vehicles will account for nearly 30% of car sales worldwide in 2026. China will play a major role in these EV sales projections, most likely by absorbing a large portion of the new battery electric vehicles (BEVs) that will be sold this year, followed … Continue reading “IEA Report Foresees EV Sales Reaching 23 Million in 2026”

After over a decade of actively avoiding the growing battery electric vehicle sector, Japan is finally making forays into BEV production to deal with the threat posed by China’s behemoth EV industry. Toyota was one of the very first automakers to produce an alternative energy vehicle, the Prius, but the Japanese automaker stuck with the … Continue reading “To Counter Chinese Competition, Toyota Doubles Down on EVs”

Xiaomi is laying the groundwork for a European push, having opened an EV research and design center in Munich last year. The facility, headed by former BMW executive Rudolf Dittrich, focuses on adapting Xiaomi’s vehicles to European safety standards, charging infrastructure, and consumer expectations. Germany is slated to be the company’s debut overseas market when international sales begin in 2027.  … Continue reading “Xiaomi Opens EV Development Facility in Germany as it Targets European Market”

Despite years of resistance to full battery-electric vehicles, Toyota has become an unexpected winner in the current energy crisis. Fuel price shocks linked to the Middle East conflict have accelerated consumer interest in electric alternatives. The company entered 2025 with modest electric ambitions and is closing the first quarter with its best EV sales result on record. That shift … Continue reading “Toyota Records 139% Jump in EV Sales as Oil Crisis Deepens”

BMW’s hydrogen vehicle program has moved from extended research into active production planning, and the iX5 Hydrogen is the clearest expression of that shift. Industry reaction has been genuinely positive, though tempered by a recognition that hydrogen’s commercial future depends heavily on factors beyond any single vehicle’s specifications.  The iX5 Hydrogen’s headline figures directly target the limitations … Continue reading “Cautious Optimism Surrounds BMW’s Announcement of New Hydrogen SUV”

Used electric vehicles are suddenly the most searched category in Australia’s second-hand car market, and the timing is no coincidence. Fuel costs have crossed thresholds that are genuinely changing purchase behavior. The used EV segment was already building momentum well before prices at the pump became a daily grievance. Pickles, one of the country’s largest … Continue reading “What Buyers Need to Know Before Purchasing Used EVs”

BEV prices in Europe dropped 4% in 2025 to roughly $45,000, driven by affordable smaller models and intensifying competition from Chinese automakers. The B-segment, which includes compact cars like the Citroën ë-C3 as well as Renault 5, saw prices fall 13% as manufacturers rushed to meet stricter European Union emissions targets.  Transport & Environment analysis shows all manufacturers are on track to meet … Continue reading “The Average Cost of EVs Reduced in Europe in 2025”

Toyota has announced a major update to its electric vehicle lineup, and the centerpiece achieves something the brand has never managed before. The 2027 Highlander EV debuts as the automaker’s first three-row electric SUV. It also becomes the first battery electric Toyota to be assembled on American soil, two milestones wrapped in a single launch. … Continue reading “Toyota Announces Major Update to its EVs”

Data pooled from tens of thousands of electric vehicles is delivering a verdict that should reassure anyone who ever hesitated over buying an EV. Batteries are holding up far better than anyone predicted when the first modern electric cars reached consumers.  Nobody had a reliable benchmark for battery longevity when EVs first reached the market around 2010, and published … Continue reading “Data Shows EV Batteries Last Longer Than Initially Thought”