With its quirky rounded exterior, Canoo caught the attention of plenty of potential electric vehicle buyers. However, the looks weren’t enough to translate to sales and profits. Canoo filed Chapter 7 bankruptcy. Get details at Headlight.News.
electric vehicle news
EV Sales Take Off in Fourth Quarter to Set New Records
Acceptance of electric vehicles continues to rise not just in the U.S. but around the world. One need only take a look at the 2024 sales numbers to see that buyers are more comfortable with potential EV-related shortcomings to enjoy the benefits of battery-powered vehicles. Get more details at Headlight.News.
Ford CEO Wants to Match Price of Chinese EVs — and Plunging Battery Prices Will Help
While EV sales should end the year up about 10% from 2023, the growth rate has slowed sharply. Several factors contributed to the slowdown, starting with the price premium — averaging about $10,000 more than comparable gas models. But Ford CEO Jim Farley claims the company is working up new EVs that will deliver “game-changing” prices, in line with rock-bottom Chinese brands. And a new study shows that plunging battery costs will play a major role.
Over 90% of EV Drivers Plan to Remain Battery-Electric Owners
Electric vehicle adoption has been on the rise and the latest study shows that once someone buys and EV it’s highly unlikely they’ll go back to internal combustion power. According to the Global EV Drivers Alliance, 92% of current EV owners will buy another one for their next vehicle. Check out the story at Headlight.News.
EV Sales Set Global Record in September
Sales of electric vehicles set a new global record in September hitting 1.7 million units. This surpassed the previous record by 150,000 vehicles last December. Unsurprisingly, China is leading the charge, but contrary to what many in the U.S. would tell you, the American market is up 10% through the end of the third quarter. Find out more at Headlight.News.
New EV Index Study Shows Increases in Chargers, Charging Time
A new study, the HERE-SBD EV Index, reveals that the electric vehicle “landscape” is improving, but there are certain states and regions are lagging due to infrastructure issues. Find out what state made the biggest improvements year-over-year, and which ones need to work at it at Headlight.News.
Stellantis Brands Offering Free Chargers with EV Purchase
New EV buyers face an immediate dilemma once they make the choice to go all-electric: how will I charge my new vehicle? Stellantis is making it easier with a few options, including a new free home charging setup. Check it out at Headlight.News.
Hyundai Jumping into Low-Priced EV Fray with Inster — Will it Come to U.S.?
One of the big problems with getting wider acceptance of electric vehicles is the price. So many EVs are priced well beyond the means of the average buyer. Finally some companies are working on the “$25K” electric vehicle, including General Motors, Tesla and now Hyundai. But will it come to the U.S.? Check out the story at Headlight.News.
Looking to Buy a New EV for Cheap? Start with the Nissan Leaf
On average, the price of a new electric vehicle has dropped throughout the year. So if you’re looking for a good deal on a new EV, you’ll want to start with the Nissan Leaf. To see what else is affordable, or less expensive anyway, head over to Headlight.News.
First Look: Mullen’s High-Performance Five RS
Having revealed the Mullen Five crossover EV in 2022, the startup automaker unveiled a high-performance variant, the Five RS at the Consumer Electronics Show in Las Vegas on Wednesday. Designed and built in the United States, the Mullen Five RS’s horsepower was not...
Toyota Accelerating EV Production to Surpass 600K Yearly by 2025
Toyota is looking to make good on its promise to focus more on electric vehicle development and production. The Japanese automaker is looking to ramp up its EV build numbers in the coming years. Find out more at Headlight.News.