For the first time since 2001, Kia surpassed Hyundai in market value with new affordable EVs rolling out this year. Kia is now South Korea’s fifth most-valued stock at $31 billion (41.3 trillion won). Kia surpasses Hyundai in market value Hyundai, which saved Kia from bankruptcy in 1998, owns around a third of the South
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The all-new Mini Aceman, which is basically the electric crossover version of the latest-generation Mini hatchback, is on the last leg of its development process after completing all the necessary tests in extreme temperatures. For extreme cold, engineers took the all-electric Aceman to the Arctic Circle to put the charging system, battery thermal management system,
By Simon Alvarez Posted on January 30, 2024 Tesla (NASDAQ:TSLA) bull and Wedbush Securities Senior Equity Research Analyst Dan Ives has weighed in on the Delaware Court decision that rescinds Elon Musk’s 2018 compensation plan, which was approved by about 80% of TSLA shareholders at the time. A legal complaint against Musk’s pay package was
Rolls-Royce is recalling its first EV. Ford is offering some sweet Mustang Mach-E deals to fleets. And yes, GM is planning to bring plug-in hybrids back. This and more, here at Green Car Reports. GM has announced that it is ready to bring some plug-in hybrid models back to the North American market. It’s a
Trucking firms are caught in a bit of a bind—emissions regulations are tightening, but electric heavy-duty trucks come with high upfront costs. A startup called Revoy offers an interesting transitional solution—the Revoy EV is basically a small trailer full of batteries that attaches to a diesel semi-truck to effectively turn it into a hybrid. At
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
Stellantis on Tuesday revealed the first images of the Jeep Wagoneer S electric SUV scheduled to go on sale in the U.S. starting this fall, likely as a 2025 model. The images show a sleeker exterior than current Wagoneer models, in line with what Jeep previously teased, as well as a screen-filled interior that will
The road to a new set of emissions regulations tends to be a long one, winding through committees, public comment periods and court challenges, but as far as a layman can tell, the European Commission has reached the finish line, agreeing on CO2 targets for heavy-duty vehicles that would require phasing out almost all sales
2024 Cadillac Lyriq Luxury trim (Source: Cadillac) Despite a truly terrible year for GM that involved plants being shut down for weeks due to a union strike, Bolt battery recalls, EV production problems, and the nightmare that keeps on giving that is Cruise, General Motors says it should tally up nearly $10 billion for 2023
If you want to sell your Tesla Cybertruck then you’re in luck. CarMax will buy it from you. But how much will Carmax pay for your rare and rather unusual electric truck? Let’s recall though that you can’t sell your Tesla Cybertruck for at least a year after taking ownership without getting hit with a
By Zachary Visconti Posted on January 29, 2024 Ahead of the General Motors (GM) earnings call this week, the automaker has new union contracts and is expected to report around $10 billion in earnings. However, challenges remain for GM, including electric vehicle (EV) production constraints and the ongoing effects of an accident involving one of
Canoo electric vans head out soon for postal delivery. Is an EV’s 2.0-second 0-60 mph acceleration a safety feature? And are worries about charge time overtaking range and other charging concerns as a top barrier for EV adoption? This and more, here at Green Car Reports. Recent study results from Deloitte suggest that driving range
Q&A with Lucid’s Battery Cell Technical Specialist Maithri Venkat. When it comes to battery cells for EVs, one size definitely doesn’t fit all. The properties of a particular cell act as constraining factors for every aspect of a vehicle’s design—and not only for vehicle performance parameters such as range and power, but for the development
Photo: Octopus Electric Vehicles US Octopus Electric Vehicles just launched DriveFree, a used EV leasing program, and it comes with unlimited free home charging. Octopus Electric Vehicles is part of the UK-based energy tech giant Octopus Energy Group, which first launched Octopus Energy US in Texas in 2020 after acquiring Evolve Energy. To lease and
Stellantis’ new STLA Large platform will underpin EVs capable of 0-60 mph acceleration in 2.0 seconds, the automaker claims. At a recent media event, Stellantis CEO Carlos Tavares claims this quick acceleration isn’t just about performance. He seemed to argue that it could also be a safety feature, making it easier to, for example, overtake a slow-moving
Planning, designing and executing an end-to-end EV battery return program doesn’t need to be difficult if you have the right gameplan. This session will highlight best practices and practical solutions ranging from: • Regulations• Package design• OEM and supply chain management• Data and reporting technology• Carrier considerations. This webinar will be hosted by CHARGED on
Tesla is taking up a fight to defend Elon Musk’s tweet that threatened to remove employee stock options if they decide to unionize all the way to the Fifth Circuit court of appeal. This is coming out of an old fight dating back to the UAW’s last unsuccessful push to unionize workers at Tesla’s Fremont
Electric car sales continued to increase year-over-year in November, although the most recent registration data reveals that the rate of growth is decreasing. Registration data lags behind sales/deliveries, by at least several weeks, but can be used as a proxy of sales, especially since not all sales numbers are publicly available (specifically on a monthly
By Zachary Visconti Posted on January 28, 2024 Labor efforts have been robust across the global automotive industry in the past several months, and recent reports show that Japanese auto giant Toyota is facing demands from its union for the largest annual bonus yet for workers. The labor union for Toyota Motors is expected to
Stellantis last week detailed its STLA Large platform, which the automaker claims can house powertrains capable of hurling an EV from 0-60 mph in 2.0 seconds. That breathtaking acceleration figure may be something Stellantis CEO Carlos Tavares now claims is a safety feature. That’s because quick acceleration allows for quicker overtaking, Tavares told Top Gear
To paraphrase a past American president, every pro-EV policy is only one legislative or court decision away from extinction. President Biden’s IRA and BIL (and pro-EV measures in California and other states) have been under attack on multiple fronts since their inceptions. Uncle Joe recently wielded his veto pen against legislation aimed at delaying investment
New Englanders, rejoice – at last, Vermont’s first Tesla store is being fitted up in South Burlington and will open soon. January 26: The Vermont Tesla store is so not going to open in the latter half of January, as we initially expected. One of our readers (thanks, Doug!) went past the store today and spoke
Rivian has filed two patent applications for integrated lighting in the roof rails in its electric pickup trucks and SUVs. The two applications show slightly different versions of a lighting system that would be part of the roof cross bars typically used to secure cargo. Accompanying drawings show pickup trucks and SUVs resembling the current
The Federal Highway Administration is seeking feedback on how government rules should be updated to support the new NACS/J3400 standard, which enables other companies to manufacture and use Tesla’s formerly proprietary charging connector. The Bipartisan Infrastructure Law includes $7.5 billion in subsidies for public EV charging infrastructure. $5 billion of that will be funneled through
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
Tesla recently released a new update to its Vehicle Safety Report, revealing data for all four quarters of 2023. The voluntarily published quarterly reports include the number of miles driven per accident registered when using Autopilot technology, not using Autopilot technology, and the U.S. average (the most recent data available from NHTSA and FHWA for
By Zachary Visconti Posted on January 27, 2024 Canoo has announced some of its early deliveries in recent months, and now the Oklahoma-based electric vehicle (EV) manufacturer has announced a deal with the U.S. Postal Service (USPS). According to a press release shared on Wednesday, Canoo will deliver six right-hand-drive (RHD) models of its Lifestyle
Which CEO of a global automaker suggested that EVs may never top 30% of the global vehicle market? Which EV from a U.S. automaker became the top-selling vehicle on the planet, electric or not? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending January 26, 2024.
Veolia, a water, energy and waste recycling services multinational headquartered in France, has presented the results of a successful vehicle-to-grid (V2G) trial that enabled two specially designed bidirectional vehicles to be charged and then to discharge 110 kW of energy, or enough to power 110 households for over two hours during peak evening hours. Turbo
Apple veteran DJ Novotney is departing the company for a new role at Rivian, according to a report from Bloomberg. Novotney, a vice president of hardware engineering, has spent almost 25 years at Apple and worked across multiple generations of the iPod, the iPhone, the Apple Watch, and more. Novotney is the second Apple executive
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