GWM comes back to sedan business after 8-year drought

More than a third of US EVs are sold in California

Tesla SuperchargerEV sales are still booming in California—and they continued to capture an even larger piece of the market in 2023. Although there was a slight downturn in the market share of EVs toward the end of 2023, EVs finished the year up 5% in market share in the Golden State versus 2022. And looking at all of 2023, BEVs added up to 33.8% of the...

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...