Executive comments suggest that Cadillac could continue to sell gasoline vehicles beyond its 2030 target date for going all-electric, reports Automotive News. Cadillac boss John Roth told media during a sales and business briefing that electric and gasoline powertrains "will coexist for a number of years," adding that "we will be offering an... Report: GM’s Cadillac might not go all-EV by 2030 after all
Executive comments suggest that Cadillac could continue to sell gasoline vehicles beyond its 2030 target date for going all-electric, reports Automotive News. Cadillac boss John Roth told media during a sales and business briefing that electric and gasoline powertrains "will coexist for a number of years," adding that "we will be offering an... 
The U.S. Treasury Department could issue clarifications on federal EV tax-credit eligibility rules as early as Friday, reports Transport Topics. Citing anonymous sources familiar with the matter, the report claims the federal government is ready to issue rules relating to its "foreign entities of concern" requirement. Specifically, vehicles with... 
Costco is once again offering deals on EVs and plug-in hybrids for its members. Between May 1 and July 31, the retail chain is offering a $1,000 incentive on 2024 and 2025 Volvo models, including the 2024 XC40 and C40 Recharge EVs and XC60 Recharge and XC90 Recharge plug-in hybrids, as well as 2025 XC60 and XC90 plug-in hybrid models. The XC40... 
It's a complicated time for the nation's largest EV market. California EV sales increased in the first quarter of 2024, but market share still fell, according to a new quarterly report from the California New Car Dealers Association (CNCDA). The absolute number of EVs sold in California grew from 89,741 in the fourth quarter of 2023 to 90,296 in... 
The average price of the most popular used EVs has dropped by up to $5,000 compared to last year, according to retailer CarMax. Sales data from September 1, 2023 to February 29, 2024, showed that the top EVs at CarMax were the Tesla Model 3, Tesla Model Y, and Nissan Leaf. They were also the top-sellers in a previous CarMax report published in... 
The first-ever electric version of the Mercedes-Benz G-Class—also known as the "Gelandewagen" or "G-wagen"—is getting the Matchbox treatment—with a sustainable twist to match its electric powertrain. Formally known as the Mercedes-Benz G 580 with EQ Technology (a name that might prove difficult to fit on the packaging), the... 
The Emily GT, an electric sedan prototype created by former Saab engineers in Sweden with Chinese funding, may see production in Italy under the auspices of a Canadian startup, reports Autocar. The startup in question is called EV Electra, and it has just had an offer to buy an Italian factory approved, CEO Jihad Mohammad said in a LinkedIn post... 
In its quarterly earnings call this week, Ford reported significant losses on EVs—but still promised lower-priced models. As reported by CNN, Ford said its EV unit lost $1.3 billion in the first quarter, or $132,000 for each of the roughly 10,000 EVs sold by the automaker during that period. Sales were down 20% from a year earlier, but... 
An electrified successor to the Mazda 6 mid-size sedan goes on sale in China later this year, but prospects for the U.S. are unclear. Unveiled at the 2024 Beijing auto show, the Mazda EZ-6 combines the Japanese automaker's signature design flair with powertrain tech from Changan Automobile, Mazda's Chinese partner. Mazda hasn't confirmed sales... 
EV sales are likely to continue growing in 2024, reaching around one in five new car sales globally, and 11% of the U.S. market, according to the International Energy Agency (IEA). Tight profit margins, volatile battery raw material prices, and the phaseout of incentives in certain countries have led to concerns about an EV sales slump, but data... 