Subcompact electric crossover could be priced around $32,000, which would drop to $24,500 with the $7,500 federal incentive.
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Industrywide, fully software-defined vehicles are years away.
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GM is participating in a five-year federally funded project that will deploy its hydrogen fuel cell technology in a vehicle for use by a utility company.
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Republican attorneys general from 25 states on Thursday sued the U.S. Environmental Protection Agency to block rules intended to reduce planet-warming emissions from cars and light trucks and encourage electric vehicle manufacturing, arguing the agency exceeded its legal authority.
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The automaker lost more than $300 million in revenue because it was unable to manufacture 6,000 vehicles without parts from Yanfeng, the lawsuit says.
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Ally's auto business saw a record 3.8 million applications from consumers during the first quarter with 40% of new loan originations in the top credit tier.
Continue Reading the above article 'Ally net income plunges 51% in Q1, auto applicatio...
The U.S. must take "decisive" action to protect electric vehicles from subsidized Chinese competition, U.S. Trade Representative Katherine Tai said on Wednesday as she completes a review of Trump-era China tariffs and considers President Joe Biden's call for higher tariffs on imports of Chinese steel.
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The bidirectional chargers will be available nationwide, but the equipment required for vehicle-to-home energy transfers will be offered in just five states to start.
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Mexico's federal government, under pressure from the U.S., is keeping Chinese automakers at arm's length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with the matter said.
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Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox Automotive.
Continue Reading the above article '5-figure EV discounts emerge amid bloated inventor...