#electric-vehicles

#electric-vehicles

General Motors, which had led the way among U.S. automakers with plans to convert production to an electric fleet of vehicles, said in a regulatory filing on Tuesday that it will have to book charges that include non-cash impairment and other charges of $1.2 billion due to EV capacity adjustments. There's also $400 million in charges mostly related to contract cancellation fees and commercial settlements associated with EV-related investments.

Barman will give attendees an insider's look at how Slate is reimagining the commercial EV market - from design to manufacturing - and share what it takes to build a next-generation vehicle company in one of the most capital-intensive industries on Earth. Expect an unfiltered conversation about the realities of hardware innovation, supply chain complexity, and startup-scale production, plus a live, in-person reveal of one of the year's buzziest new EVs.

One of the concepts that Toyota plans to unveil at the Japan Mobility Show this year is a futuristic (and likely fully electric) interpretation of a Corolla sedan. The car seems to advance the design language that we've already seen on Toyota's production models, but it's more angular and futuristic. It's definitely a Corolla because it says so on the back. Had it not had Corolla' lettering on its trunklid, you wouldn't know what it's meant to be because it looks nothing like today's model.

The Model 3 Standard starts at $36,990, while the Model Y Standard comes in at $39,990. While these are cheaper than the company's Premium offerings, many fans said that Tesla missed the mark with the pricing, as these numbers are not necessarily "affordable." At the very least, they will likely miss the mark in helping Tesla regain annual growth rates for its deliveries.

The Model S is among the most crucial developments in the automotive industry in the last century. Just as the Ford Model T made its mark on passenger transportation, becoming the first combustion engine vehicle to be successfully developed and marketed at a time when horse and buggy were the preferred mode of transportation, the Model S revolutionized things a step further.

General Motors has heavily upgraded the Bolt, with more range and faster charging speeds. It won't be on sale for an extended time period, the automaker said in a media briefing on Thursday. Recently, GM announced that Bolt production in Kansas will only be on one production line instead of two. General Motors revealed the 2027 Chevy Bolt on Wednesday, which is now America's most affordable electric vehicle with a starting price of under $30,000 when it goes on sale in January 2026.

The United Arab Emirates (UAE) has taken a significant leap toward autonomous and sustainable transportation with the launch of the nation's first commercial fleet of self-driving electric trucks. The milestone, realised through a partnership between Evocargo, a developer of autonomous logistics solutions, and RAK Ceramics, one of the world's leading manufacturers of ceramics and sanitaryware, signals how automation, artificial intelligence (AI), and sustainability are converging to reshape the region's logistics sector.

"The fresh funding round will help the company scale production capacity at its Glasgow facility, with up to 300 new manufacturing jobs expected to be created to fulfil a backlog of 246 preliminary customer orders worth £17.4 million. The investment marks a key step in Munro's ambition to capture a fast-growing niche in the global electrification push: heavy-duty, all-terrain vehicles capable of replacing diesel fleets in some of the world's most demanding industries."

Tesla Inc. ( NASDAQ: TSLA) has a market share of 43.1%. General Motors Co.'s ( NYSE: GM) was 13.8%. Ford Motor Co.'s ( NYSE: F) 6.6% market share is only slightly better than Hyundai's 5.8%. Total sales across the industry were just above 1 million, after a surge in the third quarter to 438,000 units sold. The expiration of the $7,500 federal tax credit was responsible for the surge.

Electric vehicle (EV) sales in the UK hit a record high in September, boosted by new government subsidies that helped lure more buyers back into the market during the industry's most crucial month of the year. According to preliminary data from the Society of Motor Manufacturers and Traders (SMMT), sales of battery-powered cars rose by nearly a third compared with a year earlier, reaching 72,800 units.

The federally mandated Clean Pass program expired on Wednesday, which means the more than 55,000 metro area motorists will no longer be allowed into the high-occupancy lanes during rush hour. "This sucks," Central Islip commuter and healthcare worker Beverly Gandarillas told The Post. "It's going to have a domino effect. I'm going to have to wake up earlier to leave earlier just to get to work on time, and forget it if there's an accident."

The Chinese smartphone giant has somewhat recently turned into an electric car maker, bringing an almost Apple-like quality and level of tech domination to China's already advanced car market. Oversaturation? Xiaomi doesn't know the meaning of the term, especially when you look at how many units the maker has managed to shift in a very crowded market. Now, Xiaomi is turning its attention to Europe.

Hyundai slashed prices for the 2026 Ioniq 5 by up to $9,800 on Wednesday. The cuts make the Ioniq 5 perhaps America's best EV deal. The Ioniq 5 now undercuts the Tesla Model Y by a long shot, while offering better value and specs than other competitors. If you're anything like me, you're kicking yourself for missing out on the $7,500 federal clean-car tax credit, which expired prematurely on Tuesday.

Back near the end of 2021, COVID-related panic was subsiding and the vibe around new EV startups was still very much optimistic. Almost every other week, a new brand was vying to be the next Tesla, as if that company's sky-high stock price could be anyone's for the taking. VinFast, like other small car brands with larger-than-life plans, wanted a piece of that pie and quickly pivoted its plan from gas-powered BMW-based sedans and SUVs to self-developed EVs meant to take the world by storm.

Cadillac's EV sales exploded in Q3. Nearly 40%or two in fivenew cars it sold were electric. The brand's total EV sales are up 88% year-to-date. Cadillac's electric vehicle lineup just had an amazing quarter. Fueled by tax-credit FOMO, GM's luxury arm managed to send off two out of five new car buyers in one of its electric models, making it the brand's best-ever quarter for EVs on record. For the past three months, buyers marched into dealerships in droves to take advantage of the now-expired $7,500 federal incentive. The top brass at General Motors had its lineup at the ready with the Optiq, Vistiq, and Escalade IQ EV piling on thousands of extra EV sales.

Americans will pay more at the pump if Donald Trump succeeds in tossing out tailpipe pollution regulations, a new analysis shows. That's on top of job and GDP losses that could result from stifling innovation in cleaner transportation. The Trump administration wants to do away with the Environmental Protection Agency's ability to regulate greenhouse gas emissions, policies that have encouraged carmakers to manufacture more fuel-efficient cars and electric vehicles over time.

Having covered electric vehicles for close to 10 years now, I've seen how they've evolved and overcome several big issues. The first modern EVs were slow, dull, took forever to charge. Oh, and expensive. Don't forget that one. That changed after Tesla burst onto the scene and forced the industry to wake up. The technology has advanced at a rapid rate since then, and especially here in Europe, you have more and better long-range electric options than ever.

I want to have those current Polestar 2 customers back. I want to have those, because we built it up [the customer base]," Lohscheller said. "I think we did a great job, and I want to keep them in the family.

For Tesla Inc. ( NASDAQ: TSLA) and other popular electric vehicle (EV) makers, the primary competition is not with one another. It is the used versions of their own cars. One analysis showed that a Ford Mustang Mach-E, which sold for $55,000 new, sold for only $33,000 when it reached its first birthday. It had less than 10,000 miles on its odometer and not a single scratch.