Consumer interest in EVs is lagging, and cost is partly to blame, according to a new Ipsos study. Despite factors like increased choice of EV models and a revamped federal tax credit ushered in by the Inflation Reduction Act (IRA), interest in EVs has essentially leveled off, the study suggests. In 2022, 49% of respondents said they were... Cost misconceptions may be behind waning EV interest
Consumer interest in EVs is lagging, and cost is partly to blame, according to a new Ipsos study. Despite factors like increased choice of EV models and a revamped federal tax credit ushered in by the Inflation Reduction Act (IRA), interest in EVs has essentially leveled off, the study suggests. In 2022, 49% of respondents said they were... 
The White House is offering subsidies to charging stations that use Tesla connectors, as long as they also include Combined Charging Standard (CCS) connectors, Reuters reported Friday. The report follows an announcement by General Motors this week, and Ford a couple of weeks earlier, that they would adopt the Tesla connector, which Tesla recently... 
Lucid and Fisker in the past week separately announced plans to sell vehicles in China soon. The head of Lucid's China operations confirmed to Reuters Thursday that the automaker was planning to enter the Chinese market. The Reuters report also cited an anonymous source with knowledge of Lucid's plans, who said the automaker plans to sell imported... 
Porsche on Thursday unveiled the Mission X, an electric suoercar concept that could preview a future production model. "As a design study, not offered for sale, with production to be decided in due time, the Mission X is a glimpse into what the sports car of the future could look like," a Porsche press release declared. The automaker sees the... 
Uber and Lyft have pledged to electrify their ride-hailing fleets by 2030, but a new University of Michigan study argues that it won't make much of a difference. Replacing all current ride-hailing vehicles with EVs would eliminate tailpipe emissions, but the overall benefit to society would still be slight—just 3% per trip on... 
General Motors on Monday unveiled a new Buick EV concept for China. The Buick Proxima is the product of GM's China Advanced Design Center in Shanghai, which has pivoted to focus on EVs, according to a press release. A flagship sedan built on a dedicated EV architecture, it sports gullwing doors that are typical concept-car fare, but will likely... 
The base Tesla Model 3 now qualifies for the full $7,500 federal EV tax credit, joining other Model 3 variants. On Friday, Tesla fans noted that, when building a base Model 3, Tesla then indicated that it was eligible for a $7,500 credit. At that time, the EPA FuelEconomy.gov list of qualified vehicles indicated that model and some of the lineup... 
General Motors CEO Mary Barra said in a conference Friday that EVs selling for less than $40,000 can't be profitable just yet. It's an unexpected statement from the head of an automaker that's been fairly optimistic about affordable EVs. As reported by Reuters, Barra told conference attendees that EV battery costs are still too high to build... 
Colorado has revamped its EV tax credit, with a new approach that incentivizes cheaper EVs. HB 1272, which was passed by the Colorado legislature and signed by governor Jared Polis in May, re-ups a tax credit for light-duty electric vehicles that was originally $5,000. As originally enacted, it dropped to $4,000 in 2020, $3,500 in 2021, and $2,000... 
Fisker on Thursday confirmed a 360-mile EPA-rated range for its Ocean electric SUV, and said it plans to start U.S. deliveries the week of June 19. The range figure is better than the 350 miles that Fisker estimated at the introduction of the Ocean, in November 2021. It applies to the Ocean Extreme model, which uses a 113-kwh battery pack, with... 