The new Chevy Bolt EV is set to enter production later this year, with one fewer shift, following GM’s reduction in production plans at several US plants. Apart from the Bolt, GM promised a new family of affordable EVs. Are those, too, now at risk? GM says more affordable EVs are coming, but when? GM remained the number two EV …
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GM warns ‘irrational discounts’ on EVs are ending – Electrek
GM warns ‘irrational discounts’ on EVs are ending Electrek Here’s how to get the $7,500 EV tax credit — even after the Sept. 30 deadline CNBC Federal tax credits for electric vehicles are ending, leading to spike in sales NPR Daily 5 report for Sept. 2: More U.S. sales gains expected for August despite headwinds Automotive News GM Had a Record Month of EV …
Read More »EVs are getting a temporary Trump bump thanks to expiring incentives
President Donald Trump has made no secret of his disdain for electric vehicles. On the first day of his presidency, he signed an executive order to eliminate EV incentives that he has often falsely portrayed as an “electric vehicle mandate.” And last month, Republicans in Congress voted to kill the $7,500 tax credit, among other subsidies designed to make EVs …
Read More »US Slaps 50% Tariff on Steel, Aluminum Used in EVs and Exhaust Systems: TDS
Get The Drive’s daily newsletter The latest car news, reviews, and features. Good morning and welcome to The Downshift, or TDS for short. Tight, light, and right, TDS is a short, quick-hit news rundown gathering all the automotive news bubbling from around the globe in one place. Grab a Pop-Tart and coffee. Feedback on TDS is both welcome and encouraged …
Read More »The new Nissan Leaf is still one of the cheapest EVs in America
When it reaches dealerships this fall, the 2026 Leaf S Plus will start at $29,990 — or $31,485 when you factor in the $1,495 destination charge. Still, Nissan describes as “the lowest starting MSRP for any new EV currently on sale in the US.” And the company isn’t relying on any gimmickry like federal incentives (because there won’t be any, …
Read More »Ford Is Leaning Into Cheap EVs. What Wall Street Is Saying. – Barron's
Ford Is Leaning Into Cheap EVs. What Wall Street Is Saying. Barron’s The Ford Escape and Lincoln Corsair Will Die Later This Year Edmunds Ford invests $5B in Kentucky and Michigan plants for new ‘affordable’ electric pickup truck production Fox Business Ford’s New $30,000 EV Pickup Cuts Against Washington Bloomberg.com Inside Ford’s decision to double down on electric vehicles Axios Source link
Read More »Ford throws out Henry Ford’s assembly line to make low-cost EVs in America
Ford said Monday it will invest $2 billion to transform its Louisville Assembly Plant into a factory capable of making a new generation of affordable EVs, starting with a mid-sized pickup truck with a base price of $30,000 that is slated to launch in 2027. This is not a standard factory upgrade. To reduce the cost of manufacturing, Ford has …
Read More »Ford reveals breakthrough process for lower priced EVs
Ford says its finally cracked the code on cheap EVs. The automaker announced plans to build “a family” of low-cost electric vehicles at its Kentucky assembly planrt, starting with a four-door, midsized $30,000 pickup truck in 2027. Ford touted the announcement as its “Model T moment” that will be more streamlined to help bring down costs and put the company …
Read More »Rivian Stock Drops After Earnings. Tesla’s Not the Only One Having Trouble Selling EVs. – Barron's
Rivian Stock Drops After Earnings. Tesla’s Not the Only One Having Trouble Selling EVs. Barron’s Rivian reports mixed Q2 results, widens 2025 loss projection as tariffs and loss of EV tax credit bite Yahoo Finance Rivian, Lucid warn of bumpy road ahead as policy changes hurt Reuters Rivian Sees Results Hurt by Scrapped EV Tax Credit; Lucid Cuts Production Forecast The Wall Street Journal …
Read More »Foxconn sells former GM factory to mystery buyer after failing to make EVs
Foxconn has sold the former GM factory it has owned for three years after failing to stand up any meaningful, large-scale electric vehicle production there. The pivot marks the second major failure of Foxconn to deliver on its promises to help revive U.S. manufacturing. The iPhone-maker once promised to build a giant LCD factory in Wisconsin — a project that …
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