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All articles tagged with #evs

Hormuz chokepoint disrupts Gulf aluminum for EVs
business11 days ago

Hormuz chokepoint disrupts Gulf aluminum for EVs

Geopolitical conflict has effectively shut the Strait of Hormuz, forcing Gulf aluminum smelters to cut output and reroute shipments, causing price spikes and disruption for automakers like Toyota and Nissan that rely on specialized, low-carbon aluminum for EVs. With stockpiles exhausted and shipments requiring lengthy recertification, OEMs face procurement risk, higher costs, and renewed focus on supply-chain resilience, while related battery materials such as sulfur could also tighten.

via Rest of World|
#aluminum#business#evs
BMW’s i3 Aims at the Model 3 With a Dedicated EV Platform
technology23 days ago

BMW’s i3 Aims at the Model 3 With a Dedicated EV Platform

BMW unveiled the 2027 i3, a dedicated EV sedan built on the Neue Klasse platform to take on the Tesla Model 3. The dual-motor AWD version delivers about 463 hp with a 109-kWh pack, targeting roughly 440 miles of EPA range and 400 kW peak charging. U.S. models will feature a built-in NACS port and bidirectional charging, with production in Munich starting in August and deliveries expected in early 2027, at an estimated $60,000–$65,000. The i3 emphasizes efficient packaging and an updated interior, and BMW is hinting at variants like a wagon and a future M version as competition in an SUV-dominated EV market heats up.

via Gizmodo|
#bmw#charging#evs
Tariffs Ripple Through Auto Industry as Costs Mount
business25 days ago

Tariffs Ripple Through Auto Industry as Costs Mount

Trump tariffs on autos have cost automakers about $35.4 billion so far, with Toyota hit hardest; many absorb costs but rising tariffs are driving price hikes and reshaping production and EV strategy, as VinFast resumes a North Carolina plant, far-right groups gain small influence at VW/Audi works councils in Germany, Toyota recalls 550,007 Highlanders for a rear-seat latch issue, and oil-driven gas prices climb amid regional conflict.

via Jalopnik|
#automakers#business#evs
Honda cancels three in-house EVs, pivots to hybrids
transportation29 days ago

Honda cancels three in-house EVs, pivots to hybrids

Honda says it is canceling three near-production EVs—the Honda 0 SUV, the Honda 0 sedan, and the Acura RSX—built on its own Zero platform at the Ohio EV Hub, and will redirect resources to next-generation hybrids, launching EVs only when demand justifies it. The company cites slower US EV demand amid changes to federal tax credits and tariffs, plus stiffer competition in China and shorter production cycles elsewhere. A May strategy update is planned, with expansion in India on the horizon. The restructuring could cost up to 2.5 trillion yen, and top executives will take pay cuts as Honda refocuses its EV efforts.

via Engadget|
#evs#honda#hybrids
BMW’s i3 prototype shreds ice with new-class tech
transportation-autos1 month ago

BMW’s i3 prototype shreds ice with new-class tech

BMW’s i3 prototype on the Neue Klasse platform packs a 463-hp dual-motor AWD setup with a cell-to-pack battery and a new in-house electronics suite called Heart of Joy, delivering smoother braking and responsive handling on glare ice during a Sweden test; it also features the Panoramic Vision display, though pricing and final styling remain under wraps ahead of its March 18 debut.

via Engadget|
#bmw#evs#i3
Toyota taps Kenta Kon CEO to navigate tariff headwinds and fierce EV rivalry
business2 months ago

Toyota taps Kenta Kon CEO to navigate tariff headwinds and fierce EV rivalry

Toyota named CFO Kenta Kon its next chief executive, effective April 1, replacing Koji Sato who becomes vice chairman, as the company faces U.S. tariff pressures and rising Chinese competition while pursuing a software-driven strategy and a continued hybrid-and-EV mix; Sato will coordinate with government on supply chains and Akio Toyoda’s influence remains central, and the company lifted its full-year profit outlook.

via The New York Times|
#business#china#evs
California EV rebate plan could help Tesla, but investors stay cautious
market-news2 months ago

California EV rebate plan could help Tesla, but investors stay cautious

California is weighing a $200 million electric-vehicle subsidy for first-time buyers, with price caps of $55,000 for cars and $80,000 for pickups/SUVs/vans (used EVs under $25k eligible too). If enacted, it could bolster Tesla after the loss of federal rebates, but TSLA shares fell modestly on the news and analysts largely view the stock as a Hold with an average target around $393.51, signaling limited upside until broader catalysts like a SpaceX/xAI merger and Starlink cash flow materialize.

via TipRanks|
#california#evs#market-news
China bans retractable door handles, mandating mechanical releases from 2027 for new cars and 2029 for existing models
world2 months ago

China bans retractable door handles, mandating mechanical releases from 2027 for new cars and 2029 for existing models

China will ban retractable (pop-out) door handles on new cars starting in 2027 and require a recessed operating space plus mechanical door releases for emergencies, with existing designs given until 2029 to redesign; the rule, affecting brands from Tesla to BMW and several Chinese automakers, aims to improve safety and could influence global car design.

via Ars Technica|
#automotive-regulation#china#evs
Tech Titans and Auto Giants Vie for Week’s Earnings Spotlight
markets2 months ago

Tech Titans and Auto Giants Vie for Week’s Earnings Spotlight

Earnings season is in full swing with Tesla, Microsoft and Meta among the Magnificent Seven leading a busy week of reports across tech, defense, telecoms and industrials. Benzinga lays out a dense calendar from Jan 26–30, noting premarket opens and after-hours closes, with UnitedHealth and UPS among names reporting before the open Tuesday, Apple after Thursday’s close, and Western Digital/SanDisk Thursday afternoon, plus a long list of other firms and the iPhone cycle, AI-driven cloud spending and margin dynamics shaping expectations.

via Benzinga|
#ai#earnings-calendar#evs
Canada cuts Chinese EV tariffs, nudging Chinese automakers toward North America
business2 months ago

Canada cuts Chinese EV tariffs, nudging Chinese automakers toward North America

Canada will reduce duties on Chinese electric vehicles from 100% to 6.1% and cap imports at 49,000 annually, easing Chinese competition in North America. In exchange, China will lower tariffs on Canadian canola. The move comes as U.S. EV tariffs remain at 100% and could push Chinese brands to expand into the U.S. market via Canada (and possibly Mexico), with Geely signaling a North American expansion and analysts noting Chinese automakers' broader push to grow globally despite protectionist hurdles.

via Axios|
#automotive-industry#business#canada
Tesla shifts FSD to subscription-only after February 14
technology2 months ago

Tesla shifts FSD to subscription-only after February 14

Tesla will discontinue the $8,000 Full Self-Driving option and switch to a strictly monthly subscription after February 14, with pricing not yet revealed (current subscriptions are $99 per month or $999 per year). Elon Musk announced the move, which could offer buyers flexibility if they trade in or drop the feature, but FSD has long required driver supervision and has faced regulatory scrutiny over its advertised capabilities.

via Engadget|
#elon-musk#evs#full-self-driving
California bets $200M on keeping EVs affordable in budget plan
technology2 months ago

California bets $200M on keeping EVs affordable in budget plan

Governor Gavin Newsom's 2026–27 budget proposes a one-time $200 million light-duty zero-emission vehicle incentive program to maintain EV affordability in California. The plan's per-vehicle breakdown hasn't been disclosed, but reports describe an instant discount at purchase, with potential consideration of used-EV credits. The proposal must still clear the state Legislature, and California's momentum for EV adoption—about 30% of auto sales in Q3 2025—drives the initiative.

via Engadget|
#budget#california#evs
Ford and General Mills: Reliable Dividends Amid EV Push and Brand Revitalization
business3 months ago

Ford and General Mills: Reliable Dividends Amid EV Push and Brand Revitalization

Two dividend stalwarts, Ford and General Mills, are highlighted as solid income plays. Ford combines a new Universal EV Platform and a planned affordable EV pickup for 2027 with an upgraded production system to accelerate EV output, yielding about 4.3%; General Mills relies on strong brands and growth bets like Blue Buffalo into fresh pet food to support a long dividend history and roughly 5.2% yield. Both face challenges from competition and shifting consumer tastes but offer steady income and potential long-term upside.

via The Motley Fool|
#business#consumer-staples#dividends