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Electric Vehicles

GM Asks Treasury to Classify its Cadillac Lyriq as an SUV

Without an SUV classification, the Cadillac Lyriq exceeds the price threshold for federal tax credits for EVs.

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U.S. EV Sales Spiked in 2022

U.S. electric vehicle purchases climbed to 5.8% of all vehicles sold in 2022, up from 3.2% in 2021, according to Motor Intelligence.

Stellantis Reports 6th Quarter of Sales Declines

In the fourth quarter, Stellantis reported new vehicle sales declined 16% to 347,669 vehicles.

Commercial EV Vehicle Leases to Qualify for Tax Credits

As of January 1, consumers can lease electric vehicles and qualify for up to $7,500 in commercial clean vehicle tax credits.

Audi to Abandon ICE Vehicles

Joins growing list of carmakers embracing electrification.

Automaker Favors Varied Auto Lineup to All EVs

Toyota Motor Corp. President Akio Toyoda says there is a silent majority who question whether automakers should pursue electric vehicles exclusively.

New Mazda SUV Part of Industry Electrification Trend

Details of CX-90 to be fully revealed in January.

Redwood Materials to Build S.C. Battery Manufacturing and Recycling Facility

The new facility will employ 1,500 people and produce enough cathode and anodes components to supply 1 million EVs annually.

F-150 Lightning MotorTrend’s Truck of the Year

Magazine cites in part the model’s appeal to existing truck owners.

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U.S. Energy Department Finalizes Loan for GM Battery Venture

The U.S. Energy Department finalized a $2.5 billion loan to a joint venture of General Motors Co. and LG Energy Solution for three lithium-ion battery cell manufacturing facilities.

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