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The two companies also will develop four vehicles for Central and South American markets.

The tax package that President Donald Trump signed into law last month included a rule change that attacked what’s been an important source of revenue for Rivian and Tesla for years.

The depot will include at least eight trailer-enabled fast-charge stalls for Class 8 trucks, alongside chargers for medium- and light-duty vehicles, with 24/7 access.

California-based carrier Nevoya raised $9.3 million in seed financing to bolster its expansion plans, the company said July 22.

Americans bought 310,800 EVs in Q2, a 6.3% drop from the year-earlier period. However, the sales dip — 21,000 vehicles — was nearly equal to the slump in transactions for Tesla.

Stellantis on July 21 announced a surprise $2.7 billion first-half net loss, while analysts had expected a small profit. The maker of Jeeps is tallying the costs of trade wars.

Battery material makers’ stocks climbed as the U.S. set to impose preliminary antidumping duties of 93.5% on graphite imports from China.

The Commerce Department imposed preliminary antidumping duties of 93.5% on Chinese imports of graphite, a key battery component.

Cenntro secured 260 orders for its new Logistar 210 electric commercial vehicle in the first half of 2025, as the company begins deliveries in Europe.

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.