EV
Coverage of EV in the Nexus archive.
- Chinese-controlled Polestar to exit US auto market over regulatory issue
Polestar, an EV brand controlled by China’s Geely Holding Group, is exiting the U.S. market due to a federal restriction tied to national security concerns over connected vehicle technology. The decision avoids appealing the regulation, focusing instead on European markets, while U.S. dealers and customers face uncertainty over investments and resale values.
- Lucid bankruptcy rumors see EV maker's stock plummet
Lucid, an EV maker, experienced a significant stock drop following rumors of potential bankruptcy. Shares fell by 55% after a report from media outlet EV suggested the company was considering bankruptcy.
- Peak oil: China’s crude demand set to fall as EV bets ease Hormuz fears
China’s crude oil demand is expected to peak this year, with slowing transport fuel use offsetting gains in petrochemical demand. Executives from China National Petroleum Corporation cited this trend as a factor reshaping the global energy market amid the Strait of Hormuz crisis.
- New vehicles priced under the $30,000 mark, including one EV
New vehicles priced under $30,000 are available, including one electric vehicle (EV). Bargains exist for certain new models, particularly for those who do not require an SUV.
- Ford Q2 sales drop 10.3% due to F-Series supplier issue, falling EV demand
Ford's Q2 sales declined by 10.3% due to supplier issues affecting the F-Series and reduced demand for electric vehicles (EVs). EV sales fell 40.7% year-over-year, while F-Series truck sales dropped 11%.
- The ‘most affordable truck’ in America is an EV — but you’ll have to roll down the windows yourself
Slate Auto, backed by Jeff Bezos, is offering an electric truck priced just under $25,000 as the 'most affordable truck' in America. However, buyers must accept manual features like rolling down windows themselves.
- The cheapest EV in America has everything most would need. Too bad it's being phased out.
The 2027 Chevrolet Bolt, priced at $27,600, is the cheapest new EV in the US and has been temporarily revived by General Motors due to popular demand. GM will produce it for a limited time to make space at its Kansas City plant for other vehicles. The Bolt is praised for its practicality, cargo space, and efficiency as a compact EV.
- RJ Scaringe said there are 2 big reasons Rivian's new R2 doesn't look like a Tesla Model Y dupe
Rivian CEO RJ Scaringe explained that the R2 SUV was designed to avoid resembling Tesla's Model Y to provide more choice for EV buyers and establish Rivian's distinct brand identity. The R2, Rivian's most affordable electric vehicle, has three versions with deliveries starting in 2024 for the Performance model and delayed for the Standard and Premium versions.
- Real stories show how electric cars save money on gas and fit real life
The article discusses real-life examples of electric cars saving money on gas and fitting into daily life, as part of a series sponsored by Electric for All. It highlights significant savings over the vehicle's lifespan by switching to an EV.