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Evs

All articles tagged with #evs

UK weighs relaxing EV rules as oil shocks and heatwaves intensify policy debate
world10 days ago

UK weighs relaxing EV rules as oil shocks and heatwaves intensify policy debate

Britain is weighing a relaxation of its EV rules even as oil prices surge from geopolitical tensions, heatwaves rage, and EV sales accelerate toward targets. An August 14 consultation signals a potential watering down of the 2030 goal (to around 50–70%) and even talks of more North Sea drilling, despite BEV sales rising (July up ~44% YoY) and plug-ins nearing 40% of new car sales. Critics warn that weakening targets would hurt climate and energy security, while supporters argue rules should adapt to current conditions.

Tesla Drains California's New MyFirstEV Rebates in Five Days
business13 days ago

Tesla Drains California's New MyFirstEV Rebates in Five Days

Tesla exhausted California’s five-day MyFirstEV rebate pool after the program launched, with $3,500 rebates for new EVs and $1,750 for used ones, leaving Tesla at a disadvantage due to price caps that exempt California‑based rivals Rivian and Lucid. InsideEVs estimates about $18 million in combined state and Tesla-funded rebates went to California buyers in those five days, part of roughly $271 million in total incentives (California contributing $135.5 million, matched by automakers) designed to offset the federal subsidy removal. Despite a national downturn in EV sales, California remains a strong market for Tesla, accounting for a large share of zero-emission vehicle registrations through June (about 57%), with roughly 500 Teslas registered daily in Q2.

GM lifts full-year targets after solid Q2 earnings
finance1 month ago

GM lifts full-year targets after solid Q2 earnings

GM beat Q2 expectations with revenue of about $48.0 billion and adjusted EPS of $3.57, prompting an upgrade to full-year guidance: adjusted EBIT of $14.0–$16.0 billion, adjusted EPS of $12.00–$14.00, and adjusted automotive free cash flow of $9.5–$11.5 billion. Tariff costs in Q2 were roughly $0.9 billion with similar exposure anticipated, while GM benefited from strong North American demand for pickups/SUVs and improved EV economics as it works through losses and supply-chain shifts. U.S. vehicle sales slipped about 4.2% year over year to roughly 715,000 in Q2, but GM maintained leadership in the US market and still sees an EV rebound on the horizon. The stock rose around 5% in midday trading.

Beyond Lithium: A Multitude of Batteries Set to Power the Future
technology1 month ago

Beyond Lithium: A Multitude of Batteries Set to Power the Future

Global demand for batteries is surging due to EVs and renewable storage, but lithium-ion remains dominant while two near-term paths emerge: affordable sodium-ion batteries for budget EVs and grid storage, and high-end solid-state cells for longer-range luxury EVs; researchers are exploring many chemistries and architectures to speed charging and improve safety, with commercialization of solid-state anticipated by the late 2020s to 2030s and lithium-ion likely to stay the majority through 2035.

Tesla Cybercab: 3,113-lb robotaxi packs 219 HP and 418-mile EPA range
technology2 months ago

Tesla Cybercab: 3,113-lb robotaxi packs 219 HP and 418-mile EPA range

EPA documents confirm Tesla’s Cybercab weighs 3,113 lb curb, uses a 163 kW (219 HP) front-wheel-drive motor with a 47.6 kWh lithium-ion pack (146 Ah) and ~53.4 kWh charging energy, delivering an unadjusted 418.2-mile combined EPA range (375.4 miles highway). The vehicle has a GVWR of 3,730 lb and about 617 lb payload; charging is primarily wireless. It entered commerce on May 29, 2026, but unsupervised autonomy has not been approved.

Rivian's R2 Could Boost the Stock if It Sells
investing2 months ago

Rivian's R2 Could Boost the Stock if It Sells

Rivian is ramping up for a mass-market R2, expanding capacity and backed by VW cash as it seeks profitability through scale. The R2’s reception will largely determine the stock’s fate; with shares down roughly 90% from highs and EV competition intensifying, risk is high. Investors should wait for early R2 sales data unless they’re willing to bet that the new model unlocks strong demand and lowers per-vehicle costs.

Mercedes‑Benz’s electric AMG GT 4‑Door targets hypercar pace with 1,153 hp and 0–60 in 2 seconds
cars3 months ago

Mercedes‑Benz’s electric AMG GT 4‑Door targets hypercar pace with 1,153 hp and 0–60 in 2 seconds

Mercedes-Benz unveils the AMG GT 4‑Door EV, a high‑performance sedan built on an 800‑volt platform with three axial‑flux motors delivering up to 1,153 hp and 1,475 lb‑ft, a Formula 1–inspired cooling system, and 600 kW ultra‑fast charging (10–80% in 11 minutes); it features MB.OS with the AMG Race Engineer Core, over 1,600 engine‑like sounds for the silent motor, and a claimed 0–60 time of about 2 seconds, with GT 55 arriving late 2026 and GT 63 in 2027.

Detroit’s Auto Giants Trim 20,000 White-Collar Jobs Amid AI and EV Push
business3 months ago

Detroit’s Auto Giants Trim 20,000 White-Collar Jobs Amid AI and EV Push

The Detroit Three (Ford, GM, Stellantis) have cut more than 20,000 salaried positions—about 19% of their combined white-collar workforce—as AI, software-defined vehicles and EVs reshape the industry; GM accounts for the largest portion of cuts since 2022 (roughly 11,000), with Ford and Stellantis also reducing white-collar roles in ongoing restructuring.

Are Chinese EVs Worth the Hype? A Reality Check
technology3 months ago

Are Chinese EVs Worth the Hype? A Reality Check

The Ars Technica piece argues that hype around Chinese EVs is overstated: cheap Chinese prices stem from government incentives and low wages, while real-world range often lags CLTC numbers; imported European prices can end up much higher once specs and taxes are included. There are legitimate worries about jobs, privacy, and national security, and the push for AI-heavy, touchscreen-filled interiors may not translate to safer or better driving. Overall, buyers should scrutinize actual range, total ownership costs, and regulatory barriers rather than rely on optimistic claims of “cheap, advanced” Chinese EVs.

Ford's Mustang Cobra Jet 2200 Smashes EV Quarter-Mile Record at 6.87s
evs4 months ago

Ford's Mustang Cobra Jet 2200 Smashes EV Quarter-Mile Record at 6.87s

Ford Racing's Mustang Cobra Jet 2200 set a new EV quarter-mile world record by running 6.87 seconds at 221 mph at an NHRA event in Charlotte. The 2,200‑hp electric drag car uses a two‑motor/inverter setup on a 900‑volt system with a 32 kWh battery, and can charge in about 20 minutes. It features a driver’s clutch for instant power delivery, a multi‑speed transmission to stay in its power band, weight‑distribution tuning, and safety measures like a pyrotechnic circuit breaker, marking a significant leap in electric drag racing.

Farley Warns: Ford Faces a Model-T Moment in a China‑Led EV Fight
business4 months ago

Farley Warns: Ford Faces a Model-T Moment in a China‑Led EV Fight

Ford CEO Jim Farley says the auto industry is in a ‘perfect storm’ driven by China’s rapid EV progress, the shift to software-defined vehicles, and policy headwinds like tariffs and emissions standards. He reflects on Ford’s EV missteps (the Lightning and heavy wiring harnesses), outlines a plan for a lighter Universal EV platform targeting a $30,000 price and 2027 production in Kentucky, and stresses the need to preserve a strong U.S. dealer network while expanding data‑driven software for fleets and customers amid China’s subsidies and tech partnerships with Huawei/Xiaomi. He warns Ford must move fast or risk existential consequences.

China’s energy fortress endures the oil shock with a renewables-led strategy
world4 months ago

China’s energy fortress endures the oil shock with a renewables-led strategy

China has pushed a resilience-focused energy strategy under Xi by expanding renewables and electric-vehicle production, widening domestic oil and gas extraction, building pipelines, and stockpiling crude to cut exposure to Middle East disruptions. While only about 15% of its total energy is imported, the country still relies on imports for roughly 70% of its oil and 40% of its natural gas, leaving it more insulated than many peers as oil markets swing due to the Gulf conflict and Hormuz chokepoints. The unfolding shock underscores the contrast with the U.S. fossil-fuel model and underscores Beijing’s belief that its shift to domestically led energy security is paying off, even as fossil fuels remain essential for some sectors.