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Electric Vehicles

All articles tagged with #electric vehicles

Porsche Confirms Gas-Powered 718s Are Dead; Electric Boxster and Cayman to Launch in 2028
automotive2 days ago

Porsche Confirms Gas-Powered 718s Are Dead; Electric Boxster and Cayman to Launch in 2028

Porsche has officially confirmed that combustion-engine versions of the 718 Boxster and Cayman will not return. The brand is moving exclusively to electric powertrains for these models, with full production starting in 2028. While the 911 and SUVs will retain internal combustion engines, the 718 lineup will feature new battery technology and simulated sound to mimic the driving experience of its predecessors.

Jaguar Type 01 Launches as a $130k Electric Statement Amid Design Controversy
automotive2 days ago

Jaguar Type 01 Launches as a $130k Electric Statement Amid Design Controversy

Jaguar has unveiled the Type 01, its first all-electric production vehicle, priced at approximately $130,000 in the US. The four-door grand tourer features over 1,000 horsepower, a 400-mile range, and a polarizing design that has sparked intense debate. The launch marks a critical pivot for the brand following a controversial 2024 rebranding campaign and significant corporate restructuring.

Jaguar Type 01 Launches as a $130k Electric Statement Amid Design Controversy
transportation2 days ago

Jaguar Type 01 Launches as a $130k Electric Statement Amid Design Controversy

Jaguar has unveiled the Type 01, a high-performance electric grand tourer that closely mirrors its controversial 2024 concept design. Priced at $130,500 in the US, the vehicle features 1,016 horsepower and a 400-mile range, marking a bold pivot for the brand despite mixed reactions to its polarizing aesthetics and practicality.

Jaguar Type 01 Launches as a $130k Electric Statement Amid Mixed Reactions
automotive2 days ago

Jaguar Type 01 Launches as a $130k Electric Statement Amid Mixed Reactions

Jaguar has unveiled its first all-electric production vehicle, the Type 01, in New York. The high-performance grand tourer costs approximately $130,500 and features over 1,000 horsepower. The launch follows a controversial 2024 rebrand and aims to reposition the brand for a new, tech-savvy luxury demographic, though reactions to its design and practicality remain sharply divided.

Jaguar Launches $130,000 Electric Type 01 Amid Design Controversy
automotive2 days ago

Jaguar Launches $130,000 Electric Type 01 Amid Design Controversy

Jaguar has unveiled the Type 01, a four-seat electric grand tourer with 1,016 horsepower and a starting price of $130,500 in the US. The launch follows a controversial 2024 rebranding campaign that drew criticism for abandoning traditional heritage. While the vehicle boasts advanced engineering and a 450-mile range, reactions to its polarizing design and high cost remain mixed.

Jaguar's $130,000 Type 01 EV Launches Amid Design Controversy and Financial Pressure
business2 days ago

Jaguar's $130,000 Type 01 EV Launches Amid Design Controversy and Financial Pressure

Jaguar has unveiled its first all-electric vehicle, the Type 01, priced at $130,000 in the US. The car features 1,016 horsepower and a 450-mile range, but its polarizing design and high price tag have sparked debate. The launch comes as parent company JLR faces financial challenges, including job cuts and a cyberattack recovery.

Jaguar Unveils £130k Type 01 EV in US, Ignoring UK Practicality
business2 days ago

Jaguar Unveils £130k Type 01 EV in US, Ignoring UK Practicality

Jaguar has launched its first electric vehicle, the Type 01, in New York with a starting price of $130,500. The car targets wealthy American tech buyers, featuring 1,000 horsepower and a 400-mile range, but its 5.2-meter length prevents it from fitting in standard UK parking spaces. This launch marks a pivot for Jaguar Land Rover (JLR) toward high-margin luxury sales in North America, following a controversial rebrand and significant job cuts.

Kia EV3 Launches as a Sub-$35k Crossover to Revive U.S. EV Demand
automotive2 days ago

Kia EV3 Launches as a Sub-$35k Crossover to Revive U.S. EV Demand

The 2027 Kia EV3 arrives as a compact electric crossover priced from $29,890, aiming to address the lack of affordable EV options in the U.S. market. With up to 321 miles of range and a design that mimics larger SUVs, it targets buyers priced out of the current average new vehicle transaction. While the base model offers limited range, higher trims provide robust features and all-wheel drive, positioning the EV3 as a key entry point for Kia’s electric lineup amidst a market recovering from the loss of federal tax credits.

Jaguar Launches £130,000 Type 01 EV Amid Backlash and Financial Pressure
automotive2 days ago

Jaguar Launches £130,000 Type 01 EV Amid Backlash and Financial Pressure

Jaguar has unveiled its all-electric Type 01, a high-performance luxury sedan priced from £130,000, following a controversial 2024 rebrand. The vehicle features over 1,000 horsepower and a 320-mile highway range, aiming to attract wealthy, tech-savvy buyers. While the design is polarizing, the launch marks a critical financial pivot for parent company JLR, which is facing job cuts and declining sales in traditional markets.

Lucid Q3 Deliveries Fall 7% as Production Plunges to Clear Inventory
business3 days ago

Lucid Q3 Deliveries Fall 7% as Production Plunges to Clear Inventory

Lucid Group reported 3,806 vehicle deliveries in the third quarter of 2026, a 6.7% year-over-year decline. Production dropped sharply to 2,954 units, marking the first quarter under CEO Silvio Napoli’s operational reset. The company intentionally reduced output to clear excess inventory accumulated earlier in the year, with deliveries exceeding production for the first time in 2026. Lucid aims for $1.4 billion in cash flow improvements this year, primarily through inventory sales and reduced capital spending. Shares closed at $4.17, down over 60% this year, as investors await full financial results on November 9.

Rivian Q3 Deliveries Surge 45% as R2 Launch Defies EV Market Decline
business7 days ago

Rivian Q3 Deliveries Surge 45% as R2 Launch Defies EV Market Decline

Rivian reported a 45% increase in third-quarter vehicle deliveries, reaching 19,248 units, driven by the launch of its more affordable R2 model. Production rose 85% year-over-year to 19,751 vehicles at its Normal, Illinois facility. The company reaffirmed its full-year 2026 guidance of 65,000 to 70,000 deliveries. This growth stands in contrast to the broader electric vehicle market, which saw a 24% decline in sales following the elimination of the federal tax credit. While Rivian’s stock initially dipped due to market expectations, it subsequently rose 4% as investors reacted to the strong delivery numbers and reaffirmed outlook.

Rivian Beats Q3 Delivery Targets as R2 Launch Drives 46% Growth
business7 days ago

Rivian Beats Q3 Delivery Targets as R2 Launch Drives 46% Growth

Rivian reported third-quarter vehicle deliveries of 19,248 units, exceeding Wall Street estimates and marking a 46% year-over-year increase. The company reaffirmed its 2026 delivery guidance of 65,000 to 70,000 vehicles, citing strong momentum from the new R2 SUV. While the broader US electric vehicle market faces headwinds, Rivian’s production ramp at its Normal, Illinois facility has accelerated, with Q3 production reaching 19,751 units. Analysts note that achieving full-year targets requires a significant fourth-quarter surge, though the introduction of the R2 Performance trim supports this trajectory despite delays in advanced driver-assistance features.

GM Q3 Sales Drop 5.5% as EV Demand Collapses and Toyota Narrows Gap
business8 days ago

GM Q3 Sales Drop 5.5% as EV Demand Collapses and Toyota Narrows Gap

General Motors reported a 5.5% decline in US sales for Q3 2026, totaling 670,974 units, driven by a sharp drop in electric vehicle demand. The Chevy Equinox EV sales fell 92% year-over-year, while Cadillac’s electric SUVs accounted for nearly half of GM’s EV sales. Toyota, meanwhile, saw a 0.6% sales increase, boosted by a 28.5% rise in electrified vehicles, including hybrids, narrowing the gap with GM to under 136,000 units.