Daily Archive: January 6, 2023

France’s EVs Take Record Quarter Share Of Market

December saw France’s plugin electric vehicles grow to take 25.0% share of the auto market, up fractionally from 24.4% a year ago. Full electrics grew at a decent rate, but plugin hybrids fell. Overall auto volumes for the month were flat year on year, but full year 2022 volumes were down almost 8% on 2021. […]

CES 2023: Stellantis preps cost cuts due to higher EV prices

DETROIT (AP) — Stellantis CEO Carlos Tavares says his company has to work on cutting costs globally in order to keep electric vehicles affordable for the middle class. Among the cuts are reducing the number of the automaker's factories because electric vehicles cost about 40% more than those powered by gasoline.