Electric Cars
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EVs on average cost more, but buyers have much higher credit scores and are making down payments for a larger piece of the cost.
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Report: Arrival is dropping its Uber car project, electric bus plansThe startup, which had already announced plans to build electric buses in South Carolina, has proposed a business reorganization.
Stephen Edelstein -
Will EV tax credit price caps add urgency to arrival of affordable electric cars?Legislation would add price caps of $55,000 for electric cars and $80,000 for electric pickup trucks and SUVs—cutting out some of the U.S. built EVs and American supply chain lawmakers are attempting to foster.
Stephen Edelstein -
Fisker Ocean One launch edition is sold out; pre-orders for Ocean Extreme start November 18Just 5,000 units of the Fisker Ocean One launch edition are planned, and customers already gave the company a $5,000 down payment for each one.
Stephen Edelstein -
Toyota offering buyback of BZ4X EV as potential remedy for wheel recallIt's an alternate solution to a package of make-good perks that includes a $5,000 credit, an extended warranty, bonus fast-charging, and a free loaner vehicle with reimbursed fuel costs.
Stephen Edelstein -
2023 Volkswagen ID.4: US-made EV starts at $38,790 for 208-mile versionStandard/Pro, S, and S Plus models now span a wider price range than before, with the addition of a smaller 62-kwh battery pack in the entry version.
Bengt Halvorson -
State programs meant to give rebates to lower-income car buyers "have suffered from inconsistent and inadequate funding." And premiums to get into many EVs are making the situation worse.
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Lucid halves 2022 production estimate, citing continued supply-chain issuesThe company did continue to bolster its sales and service network in the quarter, however—something that may put it in a better position once things ramp up.
Bengt Halvorson -
Tesla Model Y: Californians can subscribe by the month to drive best-selling EVAutonomy aims to offer a more flexible alternative to traditional buying or leasing, at prices lower than rental services.
Stephen Edelstein -
Electric semis might get up to $40,000 credit under reconciliation bill moving through CongressHeavy0duty commercial vehicles are 10% of the U.S. fleet, but they're responsible for 28% of GHG emissions, 45% or nitrogen-oxide emissions, and 57% of fine particulate emissions.
Stephen Edelstein -
One of the cheapest US-market EVs now starts $4,325 higher due to supply-chain woesThe base-model $30,750 Mini Cooper SE is on an indefinite hiatus due to supply-chain issues, but you can still order one of the upper-trim versions.
Bengt Halvorson -
BMW i4 eDrive35 will cost $52,395 with smaller battery, range about 260 milesA more affordable version of the i4 is due to come to the U.S. early next year, with its smaller 66-kwh (usable) battery pack and less power the most significant differences.
Stephen Edelstein -
All the other electric SUVs might seem a little bland after driving the BMW iX, which can feel equal parts charming and off-putting. Just make sure you’re at peace with the styling.
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Study: EV startup brands aren't doing well in connecting with prospective customersTesla might be failing to keep pace with its growing sales volumes. It scored above average in previous versions of this study, but it no longer offers adequate levels of customer support either in-person or online.
Stephen Edelstein -
Mass-market Lightyear 2 solar car aims for efficiency boost with tech from supercar maker KoenigseggKoenigsegg is also investing in Lightyear, and the move follows a long pursuit of solar and efficiency tech by the Swedish niche supercar builder.
Stephen Edelstein -
Are regulators focusing too much on EV sales and not enough on retiring ICE vehicles?Significant "turnover lag" between the start of new EV sales regulations and the retirement of internal-combustion vehicles could get in the way of ambitious goals, researchers argue.
Stephen Edelstein -
Half of households might need a costly panel upgrade to use a Level 2 EV charger: Here's a workaroundWith a proprietary plug-in adapter, EV owners will be able to connect chargers directly to the meter socket, bypassing the electrical service panel.
Stephen Edelstein -
One company plans to double the number of EV chargers in FloridaA single EV charger installation campaign from a relative newcomer, IUC, will outnumber those of any other charging network in the state so far.
Stephen Edelstein -
EV tax credit extension with $7,500 point-of-sale rebate, $4,000 for used EVs could pass Senate soonStephen EdelsteinThe legislation also introduces price caps of $55,000 for new cars and $80,000 for pickup trucks and SUVs, as well as income caps for buyers.
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Ford F-150 Lightning Pro SSV electric police truck could save departments moneyThe Lightning Pro SSV police truck essentially adds a fully electric alternative to the truck Ford already sells to police fleets as the F-150 Police Responder.
Bengt Halvorson -
17 states stand by plan to electrify 30% of trucks and buses by 2030The plan stands in stark contrast to other states following the federal government, which has no regulatory plan spurring a shift to electrified commercial trucks.
Stephen Edelstein -
Honda Prologue EV was designed virtually, won't look like related GM EVsUnder the skin, the Prologue will be based on GM's Ultium electric vehicle platform, but it was designed by a California-led Honda team.
Stephen Edelstein -
Faraday Future says it needs more funding to put FF91 into productionThe California company is reportedly in need of more cash to fund its operations through the end of the year, and it disclosed that it's looking to raise another $325 million.
Stephen Edelstein -
GM claims it has secured all battery raw material for 1 million EVs annually by 2025These deals will support Ultium Cells LLC battery plants, which are being built under a partnership between GM and LG Energy Solution.
Stephen Edelstein