Toyota chairman predicts battery electric cars will only reach 30% share
Toyota Motor Corp. Chairman Akio Toyoda believes battery electric vehicles will reach at most 30% market share, with the rest ...
Tag: electric vehicles
Ford cuts workforce making electric F-150s on weak demand
Ford Motor Co. said that it would reduce the number of workers making its F-150 Lightning truck as demand for ...
Hertz to sell 20,000 EVs in shift back to gas-powered Cars
Hertz Global Holdings Inc. plans to sell a third of its US electric vehicle fleet and reinvest in gas-powered cars ...
Set pricing, agency model gain steam outside U.S.
Agency sales models, in which auto manufacturers sell vehicles directly to consumers and use dealerships to deliver the cars, are ...
US electric vehicle sales growth slowed in latest quarter
Electric vehicle sales in the US grew by just 1.3% in the final months of 2023, the latest sign that ...
EV tax credit changes prompt leasing uptick
Electric vehicle leasing is gaining traction as manufacturers offer incentives and federal tax credit rules become more stringent. The ...
Podcast: ‘Weekly Wrap’ on EV tax credit changes
Stricter federal tax credit requirements for electric vehicles have prompted price cuts, incentives, and dealer operation changes. Fewer EVs qualify ...
Tax credit changes prompt EV price cuts
More automakers will likely cut prices and offer incentives on electric vehicles following changes to federal tax credit requirements. Effective ...
