GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric portfolio—meaning that the money GM is making f
The Texas Tribune on MSN6h
An East Texas town debates where to place EV charging stations as Trump threatens subsidies
Some residents see the charging stations as an economic boom to the town, while others find it an assault on the oil and gas industry in Texas.
How GM Topped Tesla To Become One Of The Fastest-Growing U.S. EV Makers
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
Electrek2h
Mitsubishi plans to launch its first EV in the US in 2026
Mitsubishi confirmed plans to finally launch its first EV in the US in 2026. The new electric car is expected to look similar to Nissan’s next-generation LEAF, which will debut later this year.
Auto dealership refunds a customer $2,200 in dispute over EV charging time
The customer says she was told the electric car would fully charge overnight. But it turns out that will require equipment upgrades.
EV Sales In Europe Set To Spurt But 2030 Mandate Looks Impossible
Electric vehicle sales in Europe will accelerate in 2025 mainly thanks to a German recovery, but EU mandated targets for 2030 look hopelessly optimistic.
Electrek2d
Honda wants to launch an EV for under $30,000 in the US as early as next year
According to Nikkei, Honda plans to launch a smaller EV priced under $30,000 in the US as early as 2026. It will be made locally, starting with the batteries, to cut costs. The new EV is expected to be the entry-level model for its upcoming Honda 0 Series. It will be a cornerstone for Honda’s global expansion.
Japan's Honda eyes launching sub-$30,000 EV in North America, Nikkei says
Japan's Honda Motor plans to launch a small electric vehicle priced below $30,000 in North America by as early as 2026, the Nikkei newspaper said on Tuesday, as it plays catch-up in the battery-powered car market.
This Year’s CES Event Shone the Spotlight on AI, EV and the Intersection of Technology and Humanity
CES 2025, the largest tech event in the world, welcomed over 141,000 attendees from around the globe – eager to share and learn about the latest consumer technology innovations.
$45 million EV rebate program exhausted by high income earners
Washington state’s $45 million Electric Vehicle Instant Rebate Program for buying or leasing electric vehicles fell far short of promises to deliver environmental results and help middle-income people buy EVs,
GM just hit a huge EV milestone as the auto industry faces a tumultuous year
It's not easy to profit off EVs, but GM just took a big step in the right direction.
Rivian’s Volkswagen partnership could reshape the EV market
The joint venture with Volkswagen is drawing interest from other automakers eager to adopt Rivian's advanced tech, signaling a shift in EV industry dynamics.