Amazon deploys 5,000 Rivian vans
“To date, Amazon’s Rivian vans have delivered more than 150 million packages across the country,” Amazon said in a blog post Thursday. More than 800 cities now have the electric…
Tesla dangles cash bonus on top models
Tesla rolled out a new incentive globally allowing buyers to earn extra incentives through referrals from existing customers, a strategy long used by traditional automakers to boost sales. The cash…
How Volvo’s electric EX30 crossover will approach price parity
The China-made EX30 arrives in the US next summer and starts at $36,145, including shipping. It rides on the Sustainable Experience Architecture platform, which underpins vehicles from other Geely group…
China’s Gotion is readying an EV battery breakthrough
The innovation highlights how battery technology and raw material needs are still evolving and unpredictable as the world’s automakers seek to slash costs while boosting EV performance. It also shows…
Cirba Solutions battery recycler plans expansion
WIXOM, Mich. — Cirba Solutions, a new battery recycler formed from companies with decades of industry experience, plans to expand its electric vehicle battery recycling business sevenfold in the next…
Ford Oakville plant’s switch to EVs will start in 2024
Ford Motor Co. on Tuesday said the previously announced $1.3 billion transformation of its Oakville Assembly Plant for electric vehicle manufacturing will begin in the second quarter of next year…
Chevy updates 2024 Silverado, GMC Sierra engines
GMC and Chevrolet are updating the engines on their full-size pickup trucks for the 2024 model year. GMC on Wednesday said it would make General Motors’ second-generation 3.0-liter inline-six Duramax…
2025 Ram 1500 REV pickup targets 500-mile range
Stellantis is joining the electric pickup race later than its rivals, but executives say this has given the automaker time to gauge them and work to surpass them in key…
Renault contacts potential underwriters for EV IPO, report says
The Renault Group is inviting investment banks to pitch for a role on the planned initial public offering of its Ampere electric-vehicle business, according to people familiar with the matter.…
Expert Insights: The Implications of Rising Interest Rates
Q: Are we about to enter a period where incentives become necessary? If so, what kinds of incentives? Zero interest loans? Longer loan terms? Cash-back incentives? Wadeson: As it stands,…