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Electric vehicle brands Lucid, Rivian, and VinFast posted financial results this week that underscored the market's current struggles.

Electric vehicle startups post mixed Q4 earnings results

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Three electric vehicle startups, Lucid, Rivian, and VinFast, posted their fourth-quarter results this week amidst a backdrop of souring forecasts on the battery-powered car...
A new electric vehicle credit transfer process has resulted in the distribution of $135 million to car dealers since the start of the year.

Treasury says new electric vehicle credit process seeing early success

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The U.S. Department of Treasury has distributed $135 million in electric vehicle credit reimbursements to car dealers since the start of the year after...
Electric vehicle sales reached all-time highs in December but hybrids stole the spotlight with a rapid increase in demand.

Electric vehicle sales set new record in December, hybrid demand accelerates

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Global plug-in electric vehicle sales—including hybrids—broke all-time records in December 2023 despite widespread concern among manufacturers over a slowdown in consumer demand. Sales database platform...
On today's episode of Future of Automotive, we're exploring a great article that summarizes why car insurance keeps getting more expensive. 

Challenges in electric vehicle repairs and insurance

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Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Mike Battaglia joins Driving Solutions to discuss how charging solutions companies are enabling the electric vehicle transition.

The future of electric vehicle charging — Mike Battaglia | Blink...

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Many dealers have become disillusioned with the electric vehicle market in the post-pandemic car market as technological and infrastructure limitations continue to suppress sales....
Joe McCabe joins Inside Automotive to take a look back at the 2023 electric vehicle market and share his expectations for 2024.

Predicting the 2024 electric vehicle market — Joe McCabe | AutoForecast...

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Electric vehicle adoption remains behind schedule despite the efforts of dealers, automakers, and government officials to spur demand. Where did all the excitement toward...
Electric vehicles sales are now projected to reach 16.7 million units in 2024, down from 17.5 million earlier this year.

Researchers slash electric vehicle sales forecasts for 2024

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While electric vehicle sales are still on track to grow in 2024, analysts have grown more cautious toward the segment following a disappointing year...
Since 2020, the share of new car dealers selling electric vehicles has risen from 16.5% to 55.1%, defying market headwinds and slow demand.

Number of new car dealers selling electric vehicles triples from 2020

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More than half of all car dealers are selling electric vehicles in 2023, according to automotive data platform iSeeCars. Since the onset of the COVID...
Ohio has become the first state to use funds awarded by the Biden Administration to build an electric vehicle charging station.

Ohio first state to open electric vehicle charging station with federal...

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The first of the Biden Administration's government-funded electric vehicle charging stations has officially opened in Ohio following a two-year wait. The EV charging station opened...
Karl Brauer joins Inside Automotive to share his insights into the 2023 electric vehicle market and where the segment is headed.

Why the electric vehicle market is taking forever to grow —...

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The electric vehicle market has faced a tough year in 2023, with the initial excitement among automakers, consumers and dealers giving way to frustration...