electric vehicle News Updates

BusinessEquipmentFuel

Ford Promises Parade of Affordable Electric Vehicles

Ford's cheapest EV can be had for just shy of $38,000. That’s 22% less than Americans pay for a car on average. Even with EV purchase incentives scrapped, Ford promises lower prices.

July 15, 2025
GovernmentBusinessTechnologyEquipmentFuel

Lucid’s CEO Warns of Price Hikes Even for American-Made Cars

The head of Lucid Group warned that President Donald Trump’s tariffs will drive up costs to build automobiles — even in the U.S.

July 14, 2025
BusinessTechnologyFuel

GM, LG Energy Solutions to Make EV Batteries in Tennessee

General Motors and LG Energy Solution plan to add more battery production lines at their joint venture plant in Tennessee to make lower-cost cells starting in late 2027, the companies said.

July 14, 2025
BusinessTechnologyEquipment

Electric Yard Tractors See Uptick in Fleet Adoption

Although proponents of electric terminal tractors say it’s just a matter of time before they’ll fill yards across the country, there are still some challenges ahead.

July 11, 2025
BusinessTechnologyEquipmentFuel

Rivian-Backed Also Hits Unicorn Status With $200M Raise

A Rivian-backed startup developing small electric vehicles was valued at $1 billion in a new investment from Greenoaks Capital, according to people familiar with the matter.

July 8, 2025
GovernmentBusinessTechnologyEquipmentFuel

Ford Battery Plant Clears Hurdle With Tax Credit Win

A spokesperson said the Michigan facility is on schedule to open next year and will ultimately employ 1,700 workers as the company had projected when it downsized the project in late 2023.

July 8, 2025
BusinessTechnologyEquipmentTCA

Lucid Sets Record 749-Mile Run Off Single Charge

An electric car by U.S. manufacturer Lucid has broken the record for the longest journey off a single charge, traveling 749 miles from St. Moritz to Munich.

July 8, 2025
GovernmentBusinessFuel

What Killing Tax Credits Means for the EV Market

The Trump administration’s plan to scrap federal incentives for EVs will be a major speed bump for battery-powered transportation in the U.S., but not a brick wall, according to forecasts.

July 3, 2025
GovernmentBusinessFuel

BYD Halts Plan to Build Mexico Car Plant Over Trump’s Trade War

Top Chinese electric vehicle maker BYD has shelved plans to build a major plant in Mexico over geopolitical tensions and uncertainty stemming from President Donald Trump’s trade policies.

July 2, 2025
BusinessTechnologyEquipment

Rivian Limits EV Output to Avoid Excess of Outgoing Models

Rivian produced about half as many electric vehicles as Wall Street expected in the second quarter prior to the launch of 2026 model year vehicles later this month.

July 2, 2025