TSLA375.30011.03%
GM83.9501.75%
F13.180-0.03%
RIVN15.3600.37%
CYD35.040-0.36%
HMC32.5300.33%
TM192.5000.97%
CVNA67.2002.09%
PAG212.160-0.45%
LAD316.150-0.12%
AN168.7600.47%
GPI250.8704.45%
ABG184.5501.49%
SAH65.9202.26%
TSLA375.30011.03%
GM83.9501.75%
F13.180-0.03%
RIVN15.3600.37%
CYD35.040-0.36%
HMC32.5300.33%
TM192.5000.97%
CVNA67.2002.09%
PAG212.160-0.45%
LAD316.150-0.12%
AN168.7600.47%
GPI250.8704.45%
ABG184.5501.49%
SAH65.9202.26%
TSLA375.30011.03%
GM83.9501.75%
F13.180-0.03%
RIVN15.3600.37%
CYD35.040-0.36%
HMC32.5300.33%
TM192.5000.97%
CVNA67.2002.09%
PAG212.160-0.45%
LAD316.150-0.12%
AN168.7600.47%
GPI250.8704.45%
ABG184.5501.49%
SAH65.9202.26%

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French Finance Minister has made a significant move by inviting China's well-known EV maker BYD to set up a factory in France.

France opens invitation to China’s BYD for an EV factory amid EU-China trade tensions

- May 7, 2024
French Finance Minister Bruno Le Maire has made a significant move by inviting China's well-known electric vehicle (EV) manufacturer BYD to set up a factory in France. This invitation was...
Lucid reported first-quarter earnings revealing better-than-expected revenues and expressed optimism toward the remainder of 2024.

Lucid losses narrow in first quarter despite price cuts

- May 7, 2024
Lucid's first-quarter earnings revealed positive shifts for the fledgling brand, with most financial metrics improving despite a global cooldown in battery-powered car demand. The electric vehicle startup posted revenues of $172.7...
In this episode of Inside Automotive, Cody Lusk, the President and CEO of AIADA, and Anthony Brownlee discuss Biden's push toward EVs.

AIADA leaders discuss concerns and advancements in EV transition – Cody Lusk & Anthony Brownlee

- May 7, 2024
The American International Automobile Dealers (AIADA) has been at the forefront of advocating for the interests and tackling the challenges faced by international nameplate auto dealers in the United States....
Republicans have proposed an IRA bill to repeal the U.S. EV tax credit. If this bill passes, it would delay the U.S.'s progress in EVs.

GOP bill aims to repeal U.S. EV tax credit, hurting production and benefiting China

- May 6, 2024
Republicans have proposed an Inflation Reduction Act (IRA) bill to repeal the U.S. EV tax credit. If this bill passes, it would delay the U.S.'s progress in electric vehicle production...
Vice President Kamala Harris announced $100 million in federal grants for automotive suppliers, accelerating industry transition toward EVs

VP Kamala Harris announces $100 million in grants for auto suppliers

- May 6, 2024
Vice President Kamala Harris has announced $100 million in federal grants for automotive suppliers as the White House looks to accelerate the car industry's transition toward electric vehicles. Harris' announcement, posted...
April saw Honda sales rise in the U.S. but underlined ongoing weakness in the brand's luxury and electric vehicle lineups.

American Honda sales jump in April but roadblocks remain in key markets

- May 6, 2024
Honda reported strong April sales in the U.S. but continued to face challenges in the luxury and electric markets. The automaker posted North American sales of 116,586 units across its main and...

Honda April sales rise, Biden grants $100 million for suppliers, UAW ratifies Daimler contract

- May 6, 2024
Top Stories Honda posts strong April sales but disappoints on hybrid, EV growth. Read More Biden Administration grants $100 million to auto suppliers for EV transition. Read More UAW ratifies Daimler Truck contract...
According to a recent report by iSeeCars.com, gas-powered vehicles that are three years old are driven an average of 12,813 miles per year.

Report shows EVs driven 20% less than gas-powered cars, resulting in higher cost per mile

- May 3, 2024
According to a recent report by iSeeCars.com, gasoline-powered vehicles that are three years old are driven an average of 12,813 miles per year. In comparison, EVs are driven 20% less,...
Rivian has received an $827 million incentive package to expand its Illinois electric vehicle manufacturing facility.

Rivian gets millions in state incentives for Illinois factory expansion

- May 3, 2024
Rivian Automotive announced this week that it has secured an $827 million incentive package from Illinois, intended to fund an expansion at its Normal facility.  This boost comes at a critical juncture...
Ford reported a 2.4% decline in overall sales during April as tax season drew to a close but set a new monthly record with its hybrid lineup.

Ford sales decline in April as hybrids display resilience

- May 3, 2024
Ford revealed a 2.4% decline in U.S. sales for April, attributing the drop to reduced demand for F-Series trucks, Broncos, and other SUVs. Despite this, the company celebrated a record-breaking...
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