Study Suggests Automakers Lose $6,000 On Each EV Sold

A new study is claiming that automakers lose an average of $6,000 for every $50,000 electric vehicle they sell. Boston Consulting Group, an American-based global management consulting firm that issued the report, said the figure accounts for customer tax credits — painting a rather bleak picture for the future of EVs.

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Gas War: California Brings Stellantis to Heel

Stellantis has agreed to adhere to California emission policies, including requirements to make two-thirds of new cars to zero-emission or electric by 2030. This means the automaker — which oversees Dodge, Chrysler, Jeep, Ram, Fiat, Maserati, Alfa Romeo, and several brands that are not sold in the United States — will be required to cut emissions through the 2026 model year and adhere to California’s requirement to have a majority electrified fleet within the next several years. There are also provisions for the company to spend millions of dollars on charging stations and community outreach programs designed to encourage EV sales.

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Report: Lithium Americas Breaks Ground in Nevada Mining Operation

Lithium Americas has broken ground on its Thacker Pass mining operations, potentially opening the door to what some are calling the largest lithium deposit in the entire world. However, it’s estimated to be another three years before refinement takes place and the materials can be adapted for use in battery powered products — including all-electric vehicles.

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Honda and Nissan are Teaming Up to Accelerate EV Development

Honda’s partnership with General Motors yielded the Prologue EV and Acura ZDX, and the Japanese automaker is now looking to team up with Nissan to do more of the same. The pair announced their fresh collaboration at a news conference earlier today.

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Have We Reached Peak EV (Part Two)?

Last week we were discussing electric vehicles with BJ Birtwell, who likely would consider himself and EV evangelist, and Alex Knizek from Consumer Reports, who noted that seven of this year's top 10 vehicles were electrified.

This week we dig deeper into what is happening with the EV market.

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QOTD: Which EV Startup Will Fail?

I've been in the automotive media since late in 2007, and over the course of all that time, I've seen EV-focused startups come and go. Some went and came back, even.

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QOTD: How Charged Up Are You?

Today's Dodge Charger launch is going to drive a lot of conversations.

Including this question of the day.

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Charged Up: The 2024 Dodge Charger is Finally Here

Muscle cars are going electric.

Well, maybe not across the board. The internal-combustion engine Mustang seems safe, at least in the short term. That said, there will be at least one muscle-car EV on the market soon: The 2024 Dodge Charger.

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Have We Reached Peak EV? (Part 1)

Electric vehicles are dominating the industry conversation, so we had a chat with someone who is a bit of an EV evangelist...as well as with a journalist who noted that his outlet elected seven electrified vehicles to its latest Top 10 list.

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China’s BYD Says Prospective Mexican Plant Won’t Export to U.S.

Chinese automaker BYD has been seeking to build an automotive plant in Mexico, with the company’s regional chief executive confirming the plan on Wednesday. CEO Stella Li has stated that BYD has yet to decide upon a final location. But that plan is for the site to boast a production capacity of 150,000 vehicles annually, with none being slated for export to the United States.

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Abandoned History: The Apple Electric Car Project, Rest in Peace (2014-2024)

After a decade-long project that saw changes in approach, multiple delays, staff changes, planning and replanning, and conflicting reports, Apple’s Titan autonomous electric car project is dead. The company made an internal announcement on February 27th, 2024 which leaked to the press immediately via several Apple employees. The project’s cancellation created our most recent Abandoned History subject matter to date. Let’s start at the beginning, in 2014.

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Mercedes-Benz EQS to Adopt S-Class Styling Cues

Mercedes-Benz will reportedly be offering the all-electric EQS with a traditional grille lifted from the S-Class sedan. The brand’s all-electric flagship has failed to unseat the true king and the company has taken steps to try and incorporate some of the older model’s charms into the EV. Moving forward, the EQS will have a more traditional exterior as an option — perhaps signaling that the entire EQ line will soon be abandoning its overtly electric design language.

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Stellantis Patents Fake Engine Vibrations for EVs

When Dodge previewed its Fratzonic Chambered Exhaust for the all-electric Charger Daytona SRT concept (pictured), enthusiasts were divided. Some thought the idea of a faux exhaust system, designed to help EVs mimic the howl of a V8, was a cringe-worthy gimmick. But others felt it broke new ground in terms of vehicular sound design and would ensure electric cars could retain some of the magic of combustion vehicles. Regardless of which camp you happen to staked your tent, parent company Stellantis has continued on with the premise and has likewise patented a system that creates fake engine vibrations to further the illusion of combustion-derived propulsion.

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Report: BYD Plotting New EV Factory in Mexico

China’s BYD is reportedly prepared to set up a new production facility in Mexico with the alleged plan to use the locale as an export hub for the United States.

Mexico has long been a convenient venue for automakers vying to sell products within the Western Hemisphere without having to pay the kind of salaries commensurate with higher living standards. American brands love sending jobs to Mexico, as does every other company interested in moving high volume models through North and South America. With BYD having previously voiced its global aspirations, setting up shop in El Águila Real seems like an obvious play.

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BMW i3 Owner Quoted Over $70,000 for New Battery

Last year, the owner of a 2015 BMW i3 REx was reportedly quoted over $71,000 to have a new battery pack installed. For reference, that particular model would have retailed somewhere around $50,000 brand new. While we’ve seen some staggering high prices being entertained for EVs in need of a new battery pack this has to be one of more egregious examples on record.

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  • CanadaCraig You can just imagine how quickly the tires are going to wear out on a 5,800 lbs AWD 2024 Dodge Charger.
  • Luke42 I tried FSD for a month in December 2022 on my Model Y and wasn’t impressed.The building-blocks were amazing but sum of the all of those amazing parts was about as useful as Honda Sensing in terms of reducing the driver’s workload.I have a list of fixes I need to see in Autopilot before I blow another $200 renting FSD. But I will try it for free for a month.I would love it if FSD v12 lived up to the hype and my mind were changed. But I have no reason to believe I might be wrong at this point, based on the reviews I’ve read so far. [shrug]. I’m sure I’ll have more to say about it once I get to test it.
  • FormerFF We bought three new and one used car last year, so we won't be visiting any showrooms this year unless a meteor hits one of them. Sorry to hear that Mini has terminated the manual transmission, a Mini could be a fun car to drive with a stick.It appears that 2025 is going to see a significant decrease in the number of models that can be had with a stick. The used car we bought is a Mk 7 GTI with a six speed manual, and my younger daughter and I are enjoying it quite a lot. We'll be hanging on to it for many years.
  • Oberkanone Where is the value here? Magna is assembling the vehicles. The IP is not novel. Just buy the IP at bankruptcy stage for next to nothing.
  • Jalop1991 what, no Turbo trim?