In Germany, the same 53% of respondents want an ICE as their next vehicle, compared to just 9% for PHEVs and 14% for EVs. Things were different in China, where 38% said their preference is an ICE, followed by 16% in favor of a hybrid, 17% considering a PHEV, and a significant 27% leaning towards an EV.
A surge in sales of electric vehicles in the final months of last year could continue well into 2025, as consumers continue to take advantage of federal tax incentives while they last.,
[UPDATE] Tesla and General Motors stand to bear the brunt of the elimination of the federal EV tax credit.
Here is what you need to know if you’re driving an electric car in this situation: Charging can be difficult in an evacuation situation. Even Tesla’s Superchargers—the fastest option for drivers looking to refill quickly—can take 15 minutes to repower the battery enough to travel 200 miles.
After a flood of EV investment in red states, most of the places where EV jobs might be undercut by Trump's action are also places that helped elect him.
EV maker Nikola is exploring options including selling parts of its business or the entire company as it struggles with a cash crunch, Bloomberg News reported on Thursday.
Chinese electric vehicle makers BYD , Geely and SAIC have challenged the EU's import tariffs at the Court of Justice of the European Union (CJEU), filings on the court's website showed on Thursday.
Rivian CEO RJ Scaringe told Business Insider that the Biden era EV incentives were a "tailwind," but that the business will be fine without them.
President Trump's import tariffs, and moves to dampen electric vehicle sales and production has the auto industry in a state of uncertainty.
Trump’s new executive order ending the EV mandate could give companies more leeway in the EV transition, but it is not expected to save jobs in the long term.
Rivian should be gross profit positive in the fourth quarter and aims to expand its customer base. Rivian looks like a better buy, but it's important to remember that all EV stocks could be volatile for a while.
The agency should move quickly to install EV charging stations using the federal subsidies it won — before President Trump snatches away that money.