electric vehicle News Updates

BusinessTechnology

EV Inventories Hit Record High in US as Cars Pile Up on Lots

Electric vehicle inventories on U.S. dealer lots reached a new high in December, with a 114-day supply that was more than double what it was a year ago.

December 15, 2023
BusinessTechnology

BMW Expects EV Sales to Keep Growing but at a Slower Pace

BMW AG remains bullish on battery-powered electric vehicles in the U.S., even though it’s expecting the sector’s market share gains to slow.

December 14, 2023
GovernmentBusinessTechnology

Maine Considering California-Esque EV Sales Incentives

Maine environmental regulators will decide next week whether the state should join others in adopting California-style regulations to limit the sale of new gas-powered vehicles.

December 13, 2023
BusinessTechnology

Ford Cuts Electric F-150 Plans in Ominous Sign for EV Market

Ford Motor Co. is cutting 2024 production goals in half for its F-150 Lightning plug-in pickup truck — its signature electric vehicle — due to slowing demand for battery-powered models.

December 12, 2023
BusinessEquipmentFuelLogisticsFor-Hire

Ryder Reveals First Two Companies in EV Fleet Program

Truck leasing and logistics company Ryder System identified its initial customers Dec. 5 for its RyderElectric+ turnkey electric vehicle fleet program.

December 7, 2023
GovernmentTechnology

House GOP Votes to Block EPA Tailpipe Emissions Rule

House Republicans approved a bill Dec. 6 to block strict new tailpipe pollution limits proposed by the Biden administration, calling the plan a back-door mandate for electric vehicles.

December 7, 2023
BusinessTechnologyAutonomous

Renault Taps AI to Cut EV Production Costs in Half by 2027

Renault SA is deploying artificial intelligence technology to help cut the cost of producing electric vehicles in half by 2027 as the race to make affordable mass-market cars intensifies.

December 7, 2023
GovernmentTechnologyTCA

Michigan Government Vehicle Fleet Going All-Electric by 2040

Every vehicle in Michigan state government’s fleet must be zero-emissions by 2040 after Gov. Gretchen Whitmer issued an executive order establishing the goal.

December 6, 2023
BusinessTechnology

GM’s All-Electric Pledge Hinges on Demand, CEO Barra Says

General Motors Co.’s pledge to have an all-electric fleet by 2035 hinges on consumer acceptance, Chief Executive Officer Mary Barra said.

December 5, 2023
GovernmentBusinessTechnologyEquipment

Proposed EV Tax Rules Could Make Full Credit Harder to Get

The departments of Treasury and Energy proposed new rules Dec. 1 that could make it harder for electric vehicles to qualify for a full $7,500 federal tax credit.

December 1, 2023