Toyota "has been the laggard" on electrifying its U.S. lineup, but is now "fully committed," White House senior advisor John Podesta said in an interview with Reuters published Tuesday. Podesta said he met with senior officials from the automaker, including chief scientist Gill Pratt, who is one of the executives who even around the time of...
Toyota "has been the laggard" on electrifying its U.S. lineup, but is now "fully committed," White House senior advisor John Podesta said in an interview with Reuters published Tuesday. Podesta said he met with senior officials from the automaker, including chief scientist Gill Pratt, who is one of the executives who even around the time of...
The next-generation electric Mini will add more space, and potentially more driving range, in an upcoming redesign, the brand revealed Thursday. The redesigned Mini Cooper Electric, as it's referred to in a press release from Mini parent BMW, is expected to arrive for the 2025 model year. In addition to a replacement for the current Mini Cooper...
The Fisker Ocean electric SUV will get swappable batteries from startup Ample by 2024, Fisker announced Tuesday. But the partnership will target fleets initially. "With today’s announcement drivers can now look forward to a combination of award-winning design and affordability in the Fisker Ocean," a company release said, "powered by the...
Consumer interest in used EVs is on the rise, with some of the most popular gasoline cars getting traded in for EVs, according to data compiled by retailer CarMax. Search traffic for terms containing "electric" on CarMax's website doubled between February 2022 and February 2023, with a peak 5.6% of searches containing "electric," in October 2022...
Costco is offering members a $2,500 discount on the Volvo XC40 Recharge and C40 Recharge—the Swedish automaker's two all-electric models. The discount is available on 2023 and 2024 models between May 2 and July 31, according to a company press release. A $1,000 incentive is also available for all other 2023 and 2024 Volvo models. The...
Despite strong EV sales growth, the ratio of U.S. car shoppers uninterested in buying an EV is increasing, according to a new J.D. Power survey. "Top-line metrics on overall EV market share, availability and affordability have been on a long-term upward trend," J.D. Power said in a statement, "but beneath those headline numbers we are starting to...
Daimler Truck North America announced a $650 million joint venture to develop charging and hydrogen-fueling infrastructure for medium-duty and heavy-duty commercial trucks. Called Greenlane, the joint venture was started in 2022 by Daimler, utility NextEra Energy Resources, and investment firm BlackRock Alternatives. It plans to add charging...
Michelin has been testing airless tires for years with an eye toward EV use. While they still aren't ready for production, executives believe they could be a good fit for autonomous vehicles and law enforcement. European police forces have expressed interest in airless tires because, unlike conventional pneumatic tires, they can't be shot out...
Costco was one of the first retail chains to offer EV charging, but it has no plans to bring it back. "It's not happening in the next few years," Costco CFO Richard Galanti said during a recent company earnings call, as cited by The Street, after being asked if he was concerned that EV mandates might make Costco's lucrative gas stations obsolete...
On average, the Tesla Model S and Model X lose less than 12% of range after 200,000 miles. That figure comes from a slide in the automaker's just-released 2022 Impact Report, where Tesla also noted that it estimates most of its U.S.-market vehicles get scrapped when they reach that amount of mileage. In Europe, Tesla estimates most of its cars are...