Some Long-Range EVs Now Cost Less Than Average New Car in US
The automotive industry has produced the first long-range EVs that are cheaper to buy than the average gas-powered car.
ABB Considers Sale of Some Electric Mobility Assets
ABB Ltd. is considering selling part of its e-mobility business, which includes electric vehicle charging stations worldwide, including the U.S.
Poll: Many Americans Still Shying Away From EVs
WASHINGTON — Many Americans still aren’t sold on going electric for their next car purchase. High prices and a lack of charging stations are major sticking points, a new poll shows.
Mercedes and Stellantis Press Pause on EV Battery Factories
Stellantis and Mercedes-Benz are pausing work on two electric vehicle battery plants and may pivot to manufacturing lower-cost cells in light of slowing demand for still-expensive EVs.
EV Maker Lucid Chops Hundreds of Jobs Amid Red Ink
NEWARK, Calif. — Lucid Group has revealed its plans to slash hundreds of jobs, part of a reorganization that the maker of electric vehicles hopes will help position it for “future success.”
Parts Suppliers Fear a Crash With Shift to EVs
Anxiety over a transition to electric vehicles is high in the thousands of businesses that have long supplied parts and equipment for cars and trucks powered by internal combustion engines.
Focus on Tire Recycling Renews as BEV Numbers Swell
Retreading is a key instrument in a fleet manager’s cost management toolbox, but what happens after tires reach the end of their life span?
Expert Panel Critical of Regulatory Push for Electric Trucks
SAN ANTONIO — The road ahead for fleets to convert to electric trucks is an expensive and challenging one, a panel of trucking experts told executives at ATA's 2024 Midyear Management Session.
Unsteady EV Demand Drives Automaker-Supplier Tension
Rising costs and unsteady demand for EVs remain major sources of friction between automakers and their suppliers, according to a new survey examining supplier-automaker relationships.
Honda to Invest $65 Billion Over 10 Years to Bolster EV Push
Honda will invest $65 billion on its electrification strategy this decade as it expects demand for battery-powered vehicles will rebound from short-term headwinds.