EVs may not achieve cost parity with gasoline cars until after 2030, Ford CEO Jim Farley said Wednesday. Speaking at an investor conference, Farley said that, for most automakers, EVs will remain more expensive to manufacture than internal-combustion cars until the end of the decade, reports Reuters, adding that this counters analysts' prediction... EV cost parity may not arrive until 2030, suggests Ford CEO
EVs may not achieve cost parity with gasoline cars until after 2030, Ford CEO Jim Farley said Wednesday. Speaking at an investor conference, Farley said that, for most automakers, EVs will remain more expensive to manufacture than internal-combustion cars until the end of the decade, reports Reuters, adding that this counters analysts' prediction... 
Battery fire concerns have prompted a recall of nearly 6,400 Jaguar I-Pace electric SUVs from throughout the model's production run. Jaguar on Wednesday said the battery energy control module software will be updated, and battery modules will be replaced if necessary, in 6,367 vehicles from model years 2019 to 2024 free of charge, according to... 
The U.S. and Canada on Tuesday announced plans for a joint EV charging corridor connecting the two countries. Christened the Binational EV Corridor, the project aims to place EV fast chargers approximately every 50 miles between Kalamazoo, Michigan, and Quebec, City, Quebec, Canada, according to a U.S. Department of Transportation press release. A... 
A new study from the American Chemical Society provides a reminder that tailpipes aren't the only source of harmful vehicle emissions. The study suggests that wiper fluid could be a significant source of emissions, one that will become a bigger part of the vehicle fleet's overall carbon footprint as EV adoption increases. That's because wiper... 
Franchise dealerships anticipate spending $5.5 billion on new infrastructure to sell EVs, according to the National Automobile Dealers Association (NADA), a car dealer trade group. The estimate is "based on available data from a selection of brands," according to an NADA press release. Some automakers have asked dealerships to invest in chargers... 
There is no shortage of EV startups looking to challenge established automakers, but Milan-based Aehra is taking a different approach. Aehra unveiled its first model, an SUV, last October, plans to unveil a sedan in June, and aims to start deliveries of both in 2025 in markets potentially including North America, Europe, China, and the Middle... 
Startup Atlas E-Mobility Group on Thursday announced plans to launch what it claims will be the first EV designed and engineered in Africa. Headquartered in London, but with development and production facilities in Morocco, Atlas aims to start producing vehicles in 2026, initially for Africa, Europe, and the Middle East, with a wider release in... 
Tesla owners put more miles on their cars than owners of other EVs, according to new iSeeCars data analysis. All four Tesla models are driven an above average amount for EVs, but still not as much as the average for gasoline vehicles, according to the analysis. As with other iSeeCars data insights, it's based on the posted information of vehicles... 
With new lease rates in place ahead of Memorial Day, it's currently cheaper to lease a Hyundai Ioniq 5 or Ioniq 6 than a Tesla Model 3, reports CarsDirect. According to a Hyundai national dealer bulletin cited by CarsDirect, the 2023 Hyundai Ioniq 5 SE is now available to lease at $429 a month for 36 months with $3,999 due at signing. That's based... 
BMW on Wednesday unveiled the i5, the first-ever all-electric version of the automaker's 5-Series luxury sedan, which is scheduled to reach dealerships later this year as a 2024 model. The 2024 BMW i5 will launch in the U.S. in eDrive40 and M60 xDrive guises priced from $67,795 and $85,095, respectively. Both prices include a mandatory $995... 