EVs

Mate Rimac, CEO of Bugatti, stated that he believes high-end sports cars will continue to use old-school combustion engines for a very long time. This prediction was made despite the rising trend associated with electric vehicles (EVs).

Genesis Motor North America operates with a "startup mindset" despite being backed by the multibillion-dollar Hyundai Motor Group. The brand's executives noted that combining the agility of a young company with the resources of an auto giant has facilitated rapid growth and success. This combination of operational freedom and corporate backing helps Genesis expand its portfolio to include sedans, SUVs, and EVs.

Honda's profit for the fiscal first quarter doubled to 456.9 billion yen ($2.9 billion), driven by strong sales in the U.S. and India. The company is recovering from a record annual loss linked to costly electric-vehicle plans and U.S. President Donald Trump’s policies, which impacted EV adoption and profitability. Honda raised its profit forecast for the current fiscal year to 400 billion yen ($2.5 billion).

Australians bought electric and hybrid vehicles at the same rate as petrol cars between April and June, according to Australian Automobile Association data. EV sales doubled after the peak of a fuel price spike, while fuel prices are expected to rise again as federal government excise reductions end.

Rivian exceeded its delivery forecast in Q2 with 12,194 vehicles delivered and raised its full-year 2026 sales outlook to 65,000 to 70,000 EVs following the launch of its R2 SUV.

China’s crude imports have increased slightly, driven by stranded cargoes clearing the Strait of Hormuz and higher Russian oil purchases. Analysts caution this rebound does not reflect stronger refinery demand, citing historical stock replenishment during low oil prices and ongoing electrification efforts reducing fuel consumption.

Efforts to replace permanent magnets in electric vehicle (EV) rotors with electromagnets or iron face challenges related to efficiency, starting torque, and maximum speed, which limit their adoption in EVs. The article highlights the importance of rare-earth magnets in EVs due to these technical constraints.

The Honda Prologue will no longer be sold in the U.S., joining a growing list of EV models to exit the market this year.

The article highlights electric vehicles (EVs) with the worst range in 2026, warning that they may not be suitable for long road trips. It advises drivers who prioritize extended travel to avoid these models due to their limited battery range.

Used electric vehicles (EVs) have become 12% more expensive compared to June 2025, as indicated by the Manheim Used Vehicle Value Index. This increase occurs amid the Iran war and rising gas prices.

Hybrids are gaining popularity in the U.S. car market as demand for electric vehicles (EVs) declines. The article highlights that hybrids are now outperforming EVs due to their functional advantages and cost-effectiveness.

Rivian has raised its 2026 delivery outlook to 65,000-70,000 EVs, up from 62,000-67,000 units, citing strong demand in the second quarter.

European tech leaders are more concerned about U.S. technological influence than China, focusing on building sovereign systems to avoid reliance on American AI trained on American values. The article highlights warnings from European experiences with Chinese dominance in electric vehicles as a cautionary example.

The article discusses how Western companies voluntarily transferred technology to China in exchange for market access, enabling China's rapid industrial rise. It highlights examples like General Electric selling its avionics division to AVIC and Tesla's role in China's EV industry, now threatening Western deindustrialization. Europe is criticized for hesitating to respond to Chinese technological competition.

The BMW 5 Series hybrid estate won a top prize at the Tow Car caravanning Oscars. Experts noted that electric vehicles (EVs) are still not considered suitable for such purposes.

General Motors announced new vehicle-to-grid capabilities for EVs to address energy demands from AI data centers, a commercial energy storage strategy using sodium-ion batteries, and a simplified public charging feature for EV owners.

Porsche sells a significant number of SUVs and increasingly more EVs, but remains committed to its iconic sports cars that established its reputation.

A new proposal could make electric vehicles (EVs) more expensive for drivers by introducing mandatory extra fees. The policy aims to impose additional charges on EV owners, potentially increasing the overall cost of owning an electric vehicle.

China produces the majority of the world's solar panels, batteries, wind turbine equipment, and EVs, with significant portions exported globally. The article highlights growing international demand for Chinese-made cleantech.