$12,500 Federal EV Tax Credit Proposal Reportedly Dropped

The large boost to the federal tax credit for electric vehicles under President Joe Biden’s Build Back Better legislation is officially gone.

Qualcomm and its Industry Partners Demonstrate C-V2X Technology in Georgia That Ensures School Buses and Fire Trucks Never Get Stuck at Red Lights

New wireless communications technologies are being developed and tested by leading companies, including chipmaker Qualcomm Technologies, Applied Information, Audi of America and Commsignia in the city of Peachtree Corners, Georgia. The pilot in Georgia includes connecting vehicles with infrastructure such as traffic lights. As more connected vehicles are being sold by automakers, the technology has the potential to make roads much safer.

Tesla's Battery Supplier CATL Unveils its New ‘Qilin’ Battery That Can Deliver 600+ Miles of Range to EVs

Battery maker CATL, which is the world’s biggest supplier of electric vehicle batteries, unveiled its latest battery design named the “Qilin”. The energy-dense cell-to-pack battery can allow an electric vehicle to travel over 600 miles on a charge. The battery achieves the world’s highest volume utilization efficiency of 72%, which could become a game changer for the auto industry.

Shares of Volvo’s EV Brand Polestar to Begin Trading on the NASDAQ After Closing on its SPAC Deal With Gores Guggenheim

​Electric performance brand Polestar, which is jointly operated by Sweden’s Volvo Cars and its parent company Chinese automaker Zhejiang Geely Holding ("Geely"), has closed on its previously announced business combination with Gores Guggenheim, a special purpose acquisition company. As a result, the the automaker’s shares will begin trading on the NASDAQ under the ticker symbol “PSNY” on June 24, 2022.

The NIO ET7 Will Come Standard With an Advanced Dolby Atmos-Powered Sound System Co-Developed With Audio Pioneer Dirac

The new The ET7 sedan from Tesla rival NIO is the world’s first vehicle to come with an immersive Dolby Atmos sound system developed in collaboration with Swedish digital audio pioneer Dirac and Dolby Laboratories. Dirac is a developer of audio optimization algorithms that improve sound quality. The company’s digital signal processing (DSP) can help automakers overcome acoustic challenges of designing vehicle audio systems.

Ford Motor Co Selects its Plant in Spain to Build 'Breakthrough' EVs for the European Market on a Next-Gen Architecture

Ford Motor Co announced on Wednesday that it selected its assembly plant in Valencia, Spain as the site where it will assemble "breakthrough" electric and connected vehicles built on a next-generation EV architecture. Ford says its new EV architecture will be a critical component of its all-electric future in Europe.

The Tesla Model Y and Model 3 Take the 1st and 2nd Place Spots in the Annual Cars.com ‘American-Made Index’

The Tesla Model Y electric SUV, which is built in both California and Texas, was named the most American-made vehicle in the annual Cars.com American-Made Index (AMI). The Model 3 sedan took the second place spot in this year's AMI. Each year, Cars.com tallies a list of vehicles creating the greatest impact on the U.S. economy through factory jobs, manufacturing plants and parts sourcing.

Toyota to Collaborate with Redwood Materials to Build a Closed Loop, EV Battery Recycling Ecosystem in the U.S.

Toyota Motor North America announced a new collaboration with electric vehicle battery recycling startup Redwood Materials, a company founded by Tesla co-founder J.B. Straubel. The two companies plan to build an entire closed loop ecosystem for the recycling batteries from Toyota’s future hybrid and fully-electric vehicles.

Honda's New EV Friendly Retail Plans Hint at the End of Mega Dealerships

From simplifying the buying process to inventory changes, there's a lot that is going on behind the scenes at Honda. The automaker wants to design more flexible retail spaces that will offer a new purchase experience for its future electric vehicles.

GM to Invest $81 Million to Hand-Build Cadillac Celestiq in Michigan

General Motors’ Global Technical Center in Warren, Michigan has never been used to manufacture a vehicle before. That’s going to change with the all-electric Cadillac Celestiq flagship luxury sedan.

Sony, Honda Sign Agreement for Joint EV Brand

The Japanese tech giant and Japanese automaker have officially become partners to create a new business called Sony Honda Mobility Inc. that will manufacture EVs.

Ford CFO Claims Inflation Has Erased Mustang Mach-E Profits

Inflation and the rising commodity costs of manufacturing vehicles have seen Ford’s cost to manufacture the electric Mach-E skyrocket to levels where the SUV is no longer profitable.

EV Startup NIO to Launch a New Mass-Market Brand to Rival Tesla with an Annual Capacity of 500,000 Vehicles a Year

Electric vehicle startup NIO Inc. aims to launch a new EV brand offering even more affordable vehicles to better compete against the Tesla Model 3 and Model Y in the China market, said CEO and chairman William Bin Li, on Thursday. The sub-brand will have an annual capacity of 500,000 electric vehicles a year.

Audi Hits EV Startup NIO With a Trademark Lawsuit Over its Vehicle Naming

​China’s electric vehicle startup NIO Inc, which is expanding to Europe including Germany, was named in a lawsuit filed from German carmaker Audi over the naming of its electric SUVs. NIO currently offers a seven-passenger SUV named the ES8, as well as a mid-size model named the ES6. Audi says the two NIO models infringe on its trademark for its performance models designations, the S6 and S8.

Tesla Raises Prices in the U.S. as Inflation Chips Away at its Profit Margins

Faced with rising inflation that’s driving up the cost of raw materials, electric automaker Tesla has raised prices of all its models in the U.S. by roughly 5%. The price of the Tesla Model Y SUV increased by $3,000 from $62,990 to $65,990. The Model Y now costs 25% more than it did in Jan 2021.

EV Startup VinFast is Offering 3 Years of Free EV Charging and Advanced Driver Assist System for Customers That Reserve a Vehicle Through Sept 30

Electric vehicle startup VinFast announced on Wednesday that all customers reserving the company's VF 8 or VF 9 SUVs between now and September 30 will receive complimentary charging for three years and a one-year VinFast Smart Driving package, which includes Level 2+ ADAS (Advanced Driver Assistance System) and a “Smart Services” suite.

XPeng Motors Valued at Over $8.4 Billion Files for U.S. IPO, the Company is Backed by Alibaba and Xiaomi

As existing shareholders continue to increase investments in EVs and related technologies, new participants are optimistic about China's growing electric vehicle market. As a result, electric vehicle startup XPeng Motors has strong financial backing and stamina for future development. The company has cash reserves of 8.2 billion yuan (US$1.19 billion), and is ramping up its investment in R&D.