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General Motors and Honda Motor Co. announced plans to develop a line of affordable electric vehicles (EVs) with a focus on compact crossovers.
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As the country charges toward widespread EV adoption what obstacles remain in its path?
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Broadly, the investments announced focus on the development of production facilities, technology, EV batteries, new product and securing future raw material supply, and autonomous vehicle development.
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The suburban Detroit site will be among the first large-scale graphite processing plants in the U.S. and the first domestic plant for Graphex.
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Mile for mile, it’s cheaper to recharge an electric vehicle (EV) than it is to refuel one with an internal-combustion engine.
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Supported by Coltura, the country's most ambitious gas car phaseout target will usher in the clean vehicle era.
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Supply chain challenges rising from the war in Ukraine could make electric vehicles (EV) more expensive to build as raw material prices shoot up.
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BMW reports 2022 margins will be lower because of the Russia-Ukraine conflict.
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Alternative fuel vehicles now represent nearly 16% of new vehicle financing; banks originated more than 55% of new alternative fuel vehicle loans.
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CEO Jim Farley says the automaker has no plans to spin off its EV business during a virtual Wolfe Research investor conference.
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