Category: Electric cars

Survey: Dealers think Biden is moving too fast on EVs

2024 Kia EV6 GTDealers think the Biden administration's EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The publication's 2024 Dealer Outlook Survey compiled responses from 208 U.S. car dealers and dealership managers. Nearly 83% of those surveyed said the federal government was pushing too...

Volvo cuts Polestar funding, as EV startup struggles

2024 Polestar 3 prototypeVolvo will stop funding Polestar, in a move that will give its parent, China's Geely greater control of the EV brand. But according to Volvo, in terms clarified on Friday, it won't completely let go. It will retain about 18% of Polestar shares, while the rest of it will go to Volvo's shareholders—allowing its majority owner Geely to boost...

Nio delivered 10,055 EVs in January, down 44% MoM

Nio delivered 10,055 EVs in January, up 18.2% from 8,506 in the previous year, the company announced in a press release. However, last year, the Chinese New Year fell on January 22. The cumulative deliveries of Nio reached 459,649 as of January 31, 2024. The article is being updated with details. Here is the reprint […]

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