#EVs

Hyundai is offering customers willing to buy an all-electric vehicle a Level 2 home charger for no extra cost. While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America.

That makes the $33,550 (before any federal tax credits or state incentives) Kona Electric the most affordable way to take advantage of the deal. But you’ll still have to find someone to install the unit into your home, to which the manufacturer has offered a $600 credit toward installation.

UK Prime Minister Rishi Sunak announced on Wednesday that he’s delaying bans the government had previously made for gasoline-powered vehicles. The scheme was to have the United Kingdom restrict citizens from purchasing new combustion vehicles by 2030. But Sunak has questioned the previous timeline’s viability, opting to push things out to 2035.

This probably isn’t a huge surprise for anyone with at least one foot planted in reality. EV mandates have frequently been accompanied by target dates that are wholly ridiculous. Manufacturers aren’t producing these vehicles in sufficient quantities, the supportive infrastructure isn’t in place, and there's a significant portion of consumers that appear disinterested in buying non-traditional powertrains.

Ford, Honda, and BMW have announced plans to create a new “vehicle-to-grid company” that’s aimed at standardizing vehicle charging via a singular platform. The service also seeks to return excess energy to the electrical grid, effectively converting EVs into publicly shared batteries.

The business will be known as ChargeScape and, according to the automakers' press release, seeks to “create a single platform that will seamlessly connect electric utilities, automakers and their interested EV customers to manage energy usage for a broad pool of EVs.” The scheme could be one way of addressing concerns that modern power grids couldn’t endure widespread electric vehicle usage while helping to position the involved companies in an industry that’s being heavily incentivized by the government.

On Tuesday, the White House voiced its opposition to a Republican bill scheduled to be voted on by the U.S. House of Representatives that would prevent California from receiving federal waivers to set standards limiting the sale of gasoline-driven automobiles.

Like everything else in the modern era, vehicles have become another polarizing issue. The populace is split between gasoline-loving Luddites, endlessly bemoaning the current regulatory landscape and smug EV adopters who proselytize battery-powered vehicles with all the zealotry of a religious fanatic.

There’s plenty of overlap between the two groups. However, they tend to diverge in terms of disposable income, political preferences, and even geography. J.D. Power looked into the latter issue, hoping to identify purchasing trends around the United States. It found that, while EV adoption rates were increasing nationwide, there are plenty of places in America that now appear to be shunning electrified automobiles. 

We covered Hertz expanding its EV offerings yesterday. As I think it over, I have a couple of questions.

Earlier this week, Matt wrote about Dodge's take on how American muscle will evolve as cars become more electrified.

While Acura recently unveiled its first production EV, the 2024 ZDX crossover, during Monterey Car Week, the model didn’t quite reach the ridiculous levels of extravagance the event is known for. Fortunately, the company had something in its back pocket with the “Performance Electric Vision Design” concept it teased in tandem with the all-electric ZDX. 

Those four black circles at each corner of yer car are technically the only parts of the machine that literally touch the pavement. All the modern safety or efficiency gear in the world is useless if an owner has cheaped out with off-brand rubber or simply runs the wrong set.

Those of us in the Snow Belt know this, explaining the rise of that three-peak mountain snowflake symbol that certifies the tire for winter duty. But the rise of electric vehicles comes with a new set of considerations – and Nokian thinks they have an answer.

Those who follow the automotive industry will have undoubtedly noticed that dealer inventories are slowly approaching levels that would have been considered normal before the pandemic. While this is presumably good news for people who have absolutely had it with dealerships marking up their products, some are growing concerned by how much electric vehicle inventories are outpacing their gasoline-reliant counterparts.

Despite elevated fuel prices, aggressive marketing, and most companies vowing to transition toward building electrified automobiles exclusively, America has an EV supply of more than 100 days on dealer lots. That’s about double the average for gasoline vehicles. While it would seem that people are losing interest in battery-driven automobiles, industry experts are claiming that all is not as it seems.

The Mazda MX-30 EV will be pulled from the U.S. market after 2023, with the manufacturer stating its preference to prioritize hybrid models. While the small crossover will live on in other parts of the world with a rotary range extender, mimicking what BMW did with the i3 with some Mazda-specific flair, the company’s first all-electric vehicle seems to have been a flop in North America. 

On Wednesday, Stellantis CEO Carlos Tavares suggested that Tesla’s profitability was on the decline due to the automaker having to confront some of the issues of a legacy manufacturer.

"They are entering my world, the world of tight pricing, cost competitiveness, and the operational issues that a big company like ours may face," Tavares told the press during a presentation of Stellantis’ half-year financial report. 

Since everyone loves a little industrial drama, the statement became national news. But is Tesla really on the decline because it’s finally on the level of other multinational automakers or is Tavares just coping? 

With all the odd press it’s gotten over the last year, it’s easy to assume VinFast is looking to roll up the carpet and head back home. That’s not what’s happening, however, as the automaker recently announced a groundbreaking date for its new manufacturing facility in North Carolina.

Tesla clearly isn’t just a car manufacturer anymore - it’s a buzzword. For some, it’s a synonym for disruption and innovation; for others, that disruption and innovation aren’t all that welcome. And Tesla’s existence is inextricably linked to politics, the ongoing “Full Self Driving” soap opera, and the Almighty’s gift to headline writers himself, Elon Musk. All of this tends to polarize people into “Love Tesla” and “Loathe Tesla” camps, but I think both camps would agree about the brand’s impact - the company has revolutionized the way mass-market cars are designed, powered, and sold.

“We don’t need jobs,” said Fred Chapman, a 62-year-old toolmaker, when interviewed by Reuters about a new battery factory Ford wants to build near Marshall, Michigan. “I know what lithium is – it’s a very volatile element,” added Glenn Kowalske, a retired engineer who, according to LinkedIn, earned his degree in the 1970s.