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Ev

All articles tagged with #ev

Porsche 911 Shines as Others Falter in Q1 2026
business2 hours ago

Porsche 911 Shines as Others Falter in Q1 2026

Porsche posted a mixed Q1 2026: the 911 surged in the U.S. with 3,826 deliveries (up 83% YoY) while global sales fell 15% and U.S. volumes slipped 12.5%. The decline is driven by the end of the 718 Boxster/Cayman line (only 206 units in Q1) and the planned phase-out of ICE Macan this summer. In the U.S., Macan, Cayenne, Panamera and Taycan also declined, though the Cayenne Electric is expected later this summer. A new 911 variant debuts on April 14, providing halo potential, but Porsche’s long-term health depends on replacing the 718 and combustion Macan amid broader EV adoption challenges.

Sony-Honda Ends Afeela EV Push, Halting Planned Sedan and SUV
business16 days ago

Sony-Honda Ends Afeela EV Push, Halting Planned Sedan and SUV

Sony and Honda have canceled the Afeela project, including the Afeela 1 sedan and a planned SUV, after Honda scrapped its own new platform. Production had been planned at Honda’s Ohio plant, with the SUV potentially arriving by 2028. The Afeela concept included a 40-sensor suite and PlayStation integration, but market shifts and tech dependencies led to the halt.

Sony-Honda pull the plug on Afeela as EV market cools
tech17 days ago

Sony-Honda pull the plug on Afeela as EV market cools

Sony and Honda’s joint venture SHM is discontinuing the Afeela 1 sedan and the unnamed SUV concept, citing Honda’s recalibrated EV strategy and a lack of a viable path forward. SHM will refund customers who deposited $200 to reserve an Afeela, and the company says it will continue discussions about its future plans amid a broader EV pullback.

Sony-Honda Mobility Halts Afeela EV Project Amid Honda's EV Strategy Overhaul
business17 days ago

Sony-Honda Mobility Halts Afeela EV Project Amid Honda's EV Strategy Overhaul

Sony-Honda Mobility is stopping development of its Afeela electric vehicles after Honda overhauled its EV strategy, refunding reservations and offering no clear path to market. The JV had planned California deliveries of Afeela 1 later this year and a second model by 2028, but Honda’s writedown and strategic reassessment leave the project in limbo; Sony says the move is not expected to materially affect its finances and discussions about future plans with Honda continue.

Trump's EV Rollback Jeopardizes U.S. Electric Vehicle Momentum
politics20 days ago

Trump's EV Rollback Jeopardizes U.S. Electric Vehicle Momentum

The Bulwark argues that Donald Trump’s rollback of EV incentives and emissions standards—along with notable moves like GM ending Bolt production and converting its factory back to internal combustion engines, and Honda scrapping several planned EVs—is dampening U.S. EV momentum. Yet rising gas prices could renew consumer interest in electrics, suggesting a volatile moment as legacy automakers face renewed competition from global players.

BMW reboots the i3 as a high-range, performance-focused EV sedan
autostransportation24 days ago

BMW reboots the i3 as a high-range, performance-focused EV sedan

BMW unveils a modern i3 on its Neue Klasse platform, pairing motors on both axles for 463 hp and 476 lb-ft, with an 800-volt system, EPA-rated 440-mile range, and 400 kW DC fast charging. The battery is integrated into the chassis for weight and stiffness, and the car features bidirectional charging, a tech-forward interior (17.9-inch driver display, optional 3D HUD, Digital Key Plus, Alexa AI), with production starting in August 2026 and deliveries planned for fall; pricing will be announced closer to launch.

Volvo pulls EX30 from the U.S. lineup as focus shifts to bigger EVs
business25 days ago

Volvo pulls EX30 from the U.S. lineup as focus shifts to bigger EVs

Volvo has canceled the EX30 for the U.S. market and will stop selling the EX30 and EX30 Cross Country after the 2026 model year, citing a combination of tariff-driven price pressure, a late-quality/price misalignment (roughly $50k), and reliability/software issues; production moved to Europe helped the decision. Volvo says it will continue electrification with upcoming models like the EX90 and EX60, signaling a shift away from this small urban EV despite ongoing demand for EVs overall.

Honda denies Prologue production end as EV market cools
business28 days ago

Honda denies Prologue production end as EV market cools

Honda says rumors it will end Prologue production in December are unfounded and the Prologue remains in its lineup. Built on GM's Ultium platform in Mexico, the model is part of Honda's broader EV retreat as demand wanes after incentives ended, following cuts to other EV programs (including the Acura RSX and the ZDX) and ahead of a projected multibillion-dollar loss, with a shift toward hybrids.

Rivian bets the R2 can push it into the mass-market EV era
business28 days ago

Rivian bets the R2 can push it into the mass-market EV era

Rivian unveiled the R2, a midsize SUV designed to eventually start under $50k, but initial trims run about $55k–$60k (Launch edition $59,485 and Premium $55,485) with a later $45k version planned. Rivian targets 20,000–25,000 sales this year and has claimed over 100,000 reservations since mid-2024, though no new numbers have been released. Early reviews are positive, but success hinges on ramping production and converting price-sensitive buyers amid stiff EV competition, especially Tesla’s Model Y. A strong R2 could push Rivian toward mass-market status, while a failure could threaten the company.

Honda Scraps Three Planned EVs as it Reorients Toward Hybrids
business29 days ago

Honda Scraps Three Planned EVs as it Reorients Toward Hybrids

Honda is canceling the planned launches of three EVs (the Honda 0 SUV, Honda 0 Saloon, and Acura RSX) as it reassesses its EV strategy amid U.S. policy shifts and rising competition from China. The company will refocus on hybrids, warns of record losses for the year ending March 2026 with operating expenses projected at 820 billion–1.12 trillion yen and total costs potentially reaching 2.5 trillion yen. The move contrasts with peers pursuing volume EVs, while Honda cites a tougher competitive environment and consumer concerns as key headwinds.

Rivian’s R2 push targets sub-$50k EV appeal as stock wobbles
business29 days ago

Rivian’s R2 push targets sub-$50k EV appeal as stock wobbles

Rivian unveiled the R2 platform with four trims and pricing aimed to broaden affordability: base around $45,000, long‑range about $48,500, Premium about $54,000, and Performance about $58,000. Deliveries begin in 2026 for the higher trims and 2027 for the Standard models. The move comes amid EV-market headwinds from the loss of a $7,500 tax credit and tariff costs. Analysts project 2026 volumes near 65,000, with long‑term demand potentially exceeding 200,000 vehicles annually; several analysts are cautiously optimistic. Rivian stock fell about 8% after the reveal, though some investors see upside if R2 gains traction against broader market challenges.

Rivian's R2 targets mass market with a $58k spring price
transportation29 days ago

Rivian's R2 targets mass market with a $58k spring price

Rivian has priced and detailed trims for the R2, its mass-market mid-size EV SUV: the R2 Performance with Launch Package arrives spring 2026 starting at about $57,990; Premium variants follow, with sub-$50k models coming in 2027–2028 and base R2s around $45k. EPA ranges reach up to ~330 miles depending on trim. All R2s include Autonomy+ hardware with a 60-day free trial, and the Launch Package adds a lifetime Autonomy+ subscription.