Electric Cars Overtake Diesels In Europe For The First Time
EVs are continuing their upward trajectory in Europe, with pure electric cars outselling diesel vehicles in the month of June. Figures released the other week by the European Automobile Manufacturers’ Association (ACEA) show that in June 2023 158,252 EVs were…
Subaru Charges Up EV Plan, Wants 8 New Models To Make Up 50% Of Sales By 2030
Since taking over in June, Subaru’s new CEO, Atsushi Osaki, has decided to make some big changes for the brand. Now, the executive will effectively double the speed at which the Japanese automaker adopts electric vehicles. “The U.S. market is…
France’s Le Maire Presses China On Market Access And Lobbies For Electric Car Investment
The French finance minister said Sunday he pressed Chinese leaders to open their markets wider to foreign companies and lobbied for investment in France’s electric car industry, as the European Union’s second-largest economy followed Washington in reviving post-COVID economic talks amid…
Biden Admin Fires Next Regulatory Salvo In Its Push For EVs
The Biden administration proposed a new and ambitious set of fuel economy standards for cars and light-duty trucks Friday, its latest move to prod American consumers towards adopting electric vehicles (EVs). The National Highway Traffic Safety Administration (NHTSA), a subagency…
Ford Beats Second Quarter Expectations With $1.9B Net Income Despite EV Costs
Ford Motor Co. beat Wall Street expectations with its second quarter earnings report released Thursday, increasing revenue 12% to $45 billion from the same period in 2022; a net income of $1.9 billion, and adjusted earnings before interest and taxes…
Nissan Global EV Sales Surpass 1-Million-Unit Milestone
Nissan Motor Co., Ltd. announces today that global sales of its electric vehicles have surpassed the 1 million unit milestone, with almost one third of which have been to European customers. Since its launch in December 2010, the Nissan LEAF…
How The Inflation Reduction Act Is A Victory For U.S. EV Battery Manufacturers
The Inflation Reduction Act (IRA) is a landmark legislation that will spur domestic clean energy investment over the next few decades. This effort is crucial as the U.S. works to electrify its most polluting industries and advance them into more sustainable solutions….
People Bought More EVs Than Diesels In Europe For The First Time Ever
The infamous scandal at the VW Group triggered the beginning of the end for diesel engines in Europe. Not only that, but increasingly stricter emissions regulations are making oil burners even more vulnerable to extinction, hence why many automakers have…
BMW Sees European Electric Car Demand Holding Up as China Pulls Back
BMW AG is seeing stronger demand for its electric vehicles in Europe than it expected, helping offset a decline in orders in its biggest market China, production chief Milan Nedeljkovic said Friday. “We expected at the start of the year…
Europe’s Cutest Electric Tiny Car Grows Its Territory Yet Again
Fans of the Microlino, one of the cutest four-wheeled electric vehicles in Europe, will be happy to see that the pint-sized runabout is adding another country to its growing market: France. The Microlino electric tiny car, which technically isn’t a…
