A quarter-century after launching the first Prius, Toyota Tuesday introduced its 19th hybrid, the 2025 4Runner. The automaker’s “portfolio approach,” offering a mix of hybrids, PHEVs, EVs and fuel-cell vehicles has become controversial — but may be vindicated by slowing growth in the EV market. In this Q&A, Toyota’s U.S. brand boss David Christ talks about why giving customers a choice makes sense — while also laying out plans for even more electrified models in the near future.
General Motors is headed back to the moon — maybe. It is providing Ultium batteries as well as some experience with chassis and suspension development for the next-generation lunar terrain vehicle that just got the green light from NASA. Find out more about the project and GM’s role in it at Headlight.News.
Nascent EV maker Lucid Motors reported its first-quarter deliveries were up 40% compared with the year-ago period. The increase mirrored strong electric vehicle sales across the industry, except for top-selling Tesla. Find out more at Headlight.News.
After halting all operations on public roads following a near-fatal crash last autumn, General Motors’ autonomous driving unit Cruise appears ready to put at least some of its robocab fleet back into use.
Tesla CEO Elon Musk said in a tweet that the automaker will reveal its new robotaxi on August 8, 2024. According to recent reports, Tesla has scrubbed plans to build an “affordable” EV to focus resources on developing the driverless ride-sharing vehicle – though Musk said such reports are false.
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Manual transmission-equipped vehicles are becoming hard to find but while their numbers are continuing to decrease, buyers still have a diverse array of choices to choose from if they focus on certain segments and vehicle models.
Tesla pulled the plug on a program aimed at developing a $25,000 EV, even as Chinese automakers led by BYD double down on bringing to market all-electric vehicles affordable often to reach mainstream buyers. According to Reuters, Tesla CEO Elon Musk now wants to focus on self-driving robocabs.
Ford this week confirmed it will indefinitely delay the launch of a new, all-electric SUV to put more focus on hybrids. It’s also cut back on production of its F-150 Lightning pickup. But while some EV skeptics take these moves as a sign that the market for all-electric vehicles is waning, Ford actually saw a surge during the first quarter, notably for its Mustang Mach-E. Here’s how it charged up demand.
In mid-March, Tesla officials warned a $1,000 price increase would be applied to the Model Y on April 1 — and they made good on it. Just four days later, the EV maker is offering big discounts on several vehicles, hoping to shed excess inventory. Find out more at Headline.News.
Ford mirrored the push by several other automakers to delay production of its electric vehicles, by pushing back its anticipated all-electric SUV and next-generation electric pickup truck. It also revealed plans to grow its hybrid offerings to meet growing demand for them. Find out more at Headlight.News.
It’s become something of conventional wisdom that the EV market is slowing down. And there’s no question that, on a percentage basis, the growth rate for battery-electric vehicles has slowed over the last 12 months. But the market does continue to grow, Kia’s EV sales jumping 151% in March. Ironically, it was the 800-pound gorilla of the battery-electric market, Tesla, where sales fell well short of expectations.