In every state except Maine and West Virginia, the total cost of ownership for an EV over 5 years is less than a comparable gasoline vehicle. EV owners in Colorado, Illinois, Nevada and New Jersey will save more than $8,000 on their vehicle versus a comparable gasoline vehicle.
WASHINGTON (AP) — The Biden administration is awarding nearly $2 billion in grants to General Motors, Fiat Chrysler and other carmakers to help restart or expand electric vehicle manufacturing and assembly sites in eight states, including the presidential battlegrounds of Michigan, Pennsylvania and Georgia.
The newest all-electric Ford is finally here. Ford introduced its Capri EV on Wednesday, a revival of a legend. The new all-electric Ford Capri features up to 390 miles (627 km) WLTP driving range and sports car-like performance.
July 10 (Reuters) - Toyota (7203.T), opens new tab has joined a group of major automakers to back electric vehicle charging firm, IONNA, which is building a high-powered EV charging network across North America, the companies said on Wednesday.
Carvana is now offering discounts of up to $4,000 at checkout for eligible used EVs and plug-in hybrids. The discount is essentially an advancement of the federal tax incentive for previously owned vehicles, but it lets customers reap the benefit immediately rather than waiting for tax refunds the following year.
As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced $14 million to increase consumer battery recycling and create a more sustainable domestic battery supply chain.
Battery recycling will play a critical role in meeting the battery material needs for future EV production. As of 2023, the United States had enough domestic battery recycling capacity to reclaim 35,500 tons of battery materials. There are more facilities planned in the next two to four years to reclaim an additional 76,000 tons.
NASCAR unveiled its prototype electric race car over the weekend, marking a significant step in the company’s efforts to reduce emissions and increase electrification in the sport.
TOKYO, July 4 (Reuters) - Japanese automakers Nissan Motor (7201.T), opens new tab and Honda Motor (7267.T), opens new tab are considering using standardised automotive software and working together on electric vehicle charging, the Nikkei newspaper said on Thursday, steps that could reduce their costs.
CLIMATEWIRE | American automakers are pressing the Biden administration to pause tariffs on Chinese graphite, arguing that prices for electric vehicles will go up if the levies are put in place too soon.
