Electric Car News Electric Car Demand Slumps To Four Year Low

G.M. Will Cut 1,750 Jobs in Electric Vehicle Business

The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars. Read More

2 Problems Rivian, Lucid, and Tesla Will Face After the EV Tax Credit Expiration

Electric car stocks face a more difficult 2026. Earlier this year, electric car stocks across the board saw sharp declines after the U.S. government revealed that several critical EV subsidies would ... Read More

Ferrari shares drop on weak forecast ahead of electric car launch

Ferrari’s shares fell 15% on Thursday on disappointment over the luxury carmaker’s new long-term financial targets, taking the shine off the unveiling of the technology behind its first electric car. Read More

Slowing Electric Vehicle Sales Will Cost G.M. $1.6 Billion

General Motors said it would lower its earnings by that amount to mainly reflect the drop in the value of equipment, factories and other assets. By Neal E. Boudette The slowdown in electric car sales ... Read More

Electric car sales soar to record heights as Labour claims victory for launching £650m grant

September saw records broken for the largest amount of new electric vehicles sold in a month, according to new data, with Labour celebrating the impact of the new £650million Electric Car Grant. New ... Read More

Used Electric Car Prices Fall in Line with Petrol Models as Demand Surges

Used electric vehicles are now selling for almost the same price as petrol cars, a shift analysts believe will fuel a major increase in adoption despite the end of federal incentives. Data from Cox ... Read More

2 Problems Rivian, Lucid, and Tesla Will Face After the EV Tax Credit Expiration

The U.S. government eliminated several key industry subsidies. Lucid, Rivian, and Tesla will all face harsh consequences. Earlier this year, electric car stocks across the board saw sharp declines ... Read More