Sales of electric vehicles in the United States are almost certain to tumble when the $7,500 federal tax credit for EV buyers expires on Oct. 1, leaving automakers and car buyers wondering where prices will go.The tax credit, which was passed in 2022 as part of the Biden administration’s legislative push to support EVs and…
The United States remains the most important export market for Japan’s core industry, the automobile sector. In a welcome development, the recently concluded Japan–US tariff negotiations saw tariffs on cars and auto parts reduced from 27.5%, a rate imposed by Donald Trump’s administration earlier this spring, down to 15%. This comes as a relief for…
By Alessandro Parodi (Reuters) -Global sales of electric and plug-in hybrid vehicles jumped 24% in June from a year ago, as a switch to electric vehicles maintained momentum in China and Europe, market research firm Rho Motion said on Tuesday. Still, EV sales in the United States were down 1% in the month and will…
⚡️ Read the full article on Motorious Dodge recalls 2024–2025 Charger Daytona EVs over missing pedestrian warning sound software, violating federal safety standards. In a twist of irony, the National Highway Traffic Safety Administration (NHTSA) has flagged certain Charger Daytona models for noncompliance with Federal Motor Vehicle Safety Standard No. 141, which mandates minimum sound…
Stratview Research Detroit, April 03, 2025 (GLOBE NEWSWIRE) — The global EV fuse market is projected to witness a growth rate of 13.9% annually from 2024 to 2031, with an anticipated size of US$ 5.6 billion by 2031, according to an analysis by Stratview Research. Stratview Research, a global market research firm, has launched a…
We recently compiled a list of the 15 Best EV Stocks To Buy According to Billionaires. In this article, we are going to take a look at where SolarEdge Technologies, Inc. (NASDAQ:SEDG) stands against the other EV stocks. The year 2024 marked a significant milestone for environmentally friendly vehicles in the US. On January 16,…
By Alessandro Parodi (Reuters) – Global sales of fully electric and plug-in hybrid vehicles will rise by at least 17% this year to over 20 million cars, helped by an extension of China’s auto trade-in subsidies, research firm Rho Motion forecast on Tuesday. Europe, the world’s second-biggest EV market, will return to sales growth as…
Research firm Rho Motion reported on Jan 14 that global sales of electric vehicles (EV) and plug-in hybrid vehicles (PHEV) hit record 17.1 million units in 2024, a 25% increase compared to the previous year. A 40% leap in China sales, driving 11 million units, offset declines in Europe. As BYD (BYDDF, Financial) sells over…
By Alessandro Parodi (Reuters) – Global sales of fully electric and plug-in hybrid vehicles rose for a seventh consecutive month in November, jumping 32% year on year for a third consecutive record high, data from market research firm Rho Motion showed on Friday. China continued to lead sales growth, accounting for almost 70% of total…
SHANGHAI (Reuters) – Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing the limits of the European Union’s electric vehicle tariff scheme. The bloc’s latest EV tariffs to protect its auto industry from a flood of cheap Chinese imports do not apply to…