The Ioniq 7 is expected to be one of the last models to use the Hyundai Group’s E-GMP platform. In 2025 we’ll see the first vehicles based on its next-gen EV platforms: eM and eS. The eM will apparently allow for a 50 percent improvement in range on a single charge, as well as supporting … Read more
India, a major player in the global automotive industry, has started focusing on transitioning to alternative fuels to curb pollution after expanding its consumer and vehicle bases and adding local manufacturing facilities over the past two decades. On this journey, 2024 will be a crucial year, as the country — the third-largest automotive market — … Read more
With electric vehicle prices declining amid a glut of unsold inventory on dealer’s lots, you should be able to find a bargain on a zero-emission car in 2024. That’s because of supply and demand: Even with enticing federal and state tax credits worth thousands of dollars, consumer demand for EVs has simply not kept up … Read more
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Rivian finally has a second customer for its commercial electric vehicles. Today, AT&T announced it’s spinning up a pilot program to switch its commercial fleets to EVs, including Rivian’s commercial van and R1 platform trucks. AT&T’s first Rivian EVs are expected to join the fleet in early 2024. However, there are no details on how … Read more
SHANGHAI, CHINA – NOVEMBER 12, 2023 – Customers experience Luxeed S7, the first intelligent pure electric vehicle, at Huawei’s flagship store in Shanghai, China, November 12, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images BEIJING — Chinese telecommunications and smartphone giant Huawei is doubling down on selling its tech in … Read more
Lucid has revised its 2023 production outlook amid softening demand for luxury electric vehicles, the company said Tuesday in its third-quarter earnings report. The EV maker said it will produce 8,000 to 8,500 vehicles by the end of the year, down from previous guidance of more than 10,000, to “prudently align with deliveries.” In the … Read more
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Infiniti is looking to launch its first electric vehicle ever: a super sporty fastback sedan based on a newly revealed concept it calls the Vision Qe. The luxury brand of Nissan debuted the new concept at Japan’s Mobility Show 2023 this week and promised a production version will follow, well, someday. Over the years, Infiniti … Read more
TOKYO — TOKYO (AP) — “We love battery EVs.” Takero Kato, the executive in charge of electric vehicles at Toyota, said that not once, but twice, to emphasize what he considers the message at this year’s Tokyo auto show. It’s a message ringing clear at the Tokyo Mobility Show, which will run through Nov. 5 … Read more
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One of Toyota’s first vehicles to include a NACS connector is a future three-row SUV it is planning for 2025, which will be assembled at the automaker’s plant in Kentucky. Toyota is currently light on EV options compared to most other automakers and has only released the mediocre bZ4X and the Lexus RZ 450e. Toyota’s … Read more
In 2023, the EV market is no longer about startups. Instead, the race to shift to electric vehicles has morphed into a competition between the world’s largest automotive companies and a host of smaller rivals that have gone public. The latter are often deeply unprofitable. The Exchange explores startups, markets and money. Read it every … Read more