#EVs

Cadillac once said it would be all-electric by 2030, but like other automakers, it has appeared to soften that commitment.

Hyundai Motor reportedly plans on using preexisting investments slated for its new EV facility in Georgia to pivot toward hybrid vehicles, as all-electric models haven’t seen the kind of adoption rates that would warrant an entire factory — let alone the plant that will become its largest outside of South Korea.

Honda is said to be changing the naming of its electric cars after customers, particularly those in China, found its name to be exceptionally difficult to pronounce. However, they weren’t the only ones. Europeans likewise didn’t appreciate the name, nor the odd choice of punctuation and capitalization that seems to plague some all-electric vehicles.

Yesterday, Tesla laid off the entire team responsible for working on its Supercharger stations. Considering that so many other automakers are in the process of switching to the Tesla charging standard, how is this going to affect the EV charging landscape?

Earlier today we reported on Honda's plan to invest in EV manufacturing in Canada.

Will it pay off?

With the Mini Aceman going from cutesy concept to real car, some are wondering whether the model will be migrating from China to North America. Sized between the Cooper Electric Hardtop and Countryman, the Aceman could be a nice fit for urbanites interested in an all-electric runabout.

Today we covered Tesla's back-and-forth on whether it will or won't build an affordable EV.

Last month, I was chatting with Dave Thomas from CDK Global on the TTAC podcast. We were discussing electric vehicles, and Dave suggested that for many EV buyers, range isn’t that much of an issue.

Following a nine-week hold on F-150 Lightning allocations to dealers, Ford has announced it will be resuming shipments. Meanwhile, Tesla reportedly delayed Cybertruck deliveries. The rumor is that it needed to address some quality concerns. But the reasons assumed vary and the company hasn’t said anything about the issue, and likely won’t since it disbanded its PR department years ago. However, this may not be the victory for Blue Oval that it appears.

This week we sit down with Cody Stolle, research assistant professor at the University of Nebraska Lincoln and the assistant director at the Midwest Roadside Safety Facility, to discuss a lesser-known problem with EVs and road safety.

Despite previously having vowed to offer an entirely electric lineup by 2030, Aston Martin has decided to continue selling internal-combustion vehicles beyond the next decade. Company chairman Lawrence Stroll now believes that there will always be demand for combustion engines. Apparently, customers had conveyed to Aston dealers that they still prefer traditional powertrains and want the sensations associated with gasoline-powered automobiles.

The State of New Mexico has denied a petition put forward by automotive dealers to ease off on planned electric vehicle mandates. The groups had claimed that forcing electrification would hamper commerce by encouraging residents to purchase more vehicles from neighboring territories and were limiting residents freedom of choice. However, a governor-appointed state Environmental Improvement Board reportedly voted to deny the challenges late last week.

Lotus has reported a net loss of £594 million (about $751 million USD) for 2023. However the company actually had a good sales year, moving 6,970 vehicles in a twelve-month period. Lotus noted that sales ramped up in the final quarter of 2023, with the company seeing a 110-percent increase after the launch of the Lotus Eletre SUV. Though getting that vehicle, and other upcoming electric models, into production are one of the primary reasons for its crash burn.

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.

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.