#ElectricVehicles

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.

Lithium Americas has broken ground on its Thacker Pass mining operations, potentially opening the door to what some are calling the largest lithium deposit in the entire world. However, it’s estimated to be another three years before refinement takes place and the materials can be adapted for use in battery powered products — including all-electric vehicles.

Last week we were discussing electric vehicles with BJ Birtwell, who likely would consider himself and EV evangelist, and Alex Knizek from Consumer Reports, who noted that seven of this year's top 10 vehicles were electrified.

This week we dig deeper into what is happening with the EV market.

I've been in the automotive media since late in 2007, and over the course of all that time, I've seen EV-focused startups come and go. Some went and came back, even.

Today's Dodge Charger launch is going to drive a lot of conversations.

Including this question of the day.

Muscle cars are going electric.

Well, maybe not across the board. The internal-combustion engine Mustang seems safe, at least in the short term. That said, there will be at least one muscle-car EV on the market soon: The 2024 Dodge Charger.

Electric vehicles are dominating the industry conversation, so we had a chat with someone who is a bit of an EV evangelist...as well as with a journalist who noted that his outlet elected seven electrified vehicles to its latest Top 10 list.

Chinese automaker BYD has been seeking to build an automotive plant in Mexico, with the company’s regional chief executive confirming the plan on Wednesday. CEO Stella Li has stated that BYD has yet to decide upon a final location. But that plan is for the site to boast a production capacity of 150,000 vehicles annually, with none being slated for export to the United States.

Mercedes-Benz will reportedly be offering the all-electric EQS with a traditional grille lifted from the S-Class sedan. The brand’s all-electric flagship has failed to unseat the true king and the company has taken steps to try and incorporate some of the older model’s charms into the EV. Moving forward, the EQS will have a more traditional exterior as an option — perhaps signaling that the entire EQ line will soon be abandoning its overtly electric design language.

When Dodge previewed its Fratzonic Chambered Exhaust for the all-electric Charger Daytona SRT concept (pictured), enthusiasts were divided. Some thought the idea of a faux exhaust system, designed to help EVs mimic the howl of a V8, was a cringe-worthy gimmick. But others felt it broke new ground in terms of vehicular sound design and would ensure electric cars could retain some of the magic of combustion vehicles. Regardless of which camp you happen to staked your tent, parent company Stellantis has continued on with the premise and has likewise patented a system that creates fake engine vibrations to further the illusion of combustion-derived propulsion.

China’s BYD is reportedly prepared to set up a new production facility in Mexico with the alleged plan to use the locale as an export hub for the United States.

Mexico has long been a convenient venue for automakers vying to sell products within the Western Hemisphere without having to pay the kind of salaries commensurate with higher living standards. American brands love sending jobs to Mexico, as does every other company interested in moving high volume models through North and South America. With BYD having previously voiced its global aspirations, setting up shop in El Águila Real seems like an obvious play.

Last year, the owner of a 2015 BMW i3 REx was reportedly quoted over $71,000 to have a new battery pack installed. For reference, that particular model would have retailed somewhere around $50,000 brand new. While we’ve seen some staggering high prices being entertained for EVs in need of a new battery pack this has to be one of more egregious examples on record.

A recent survey, conducted by Automotive News, has indicated that automotive dealerships are still broadly dissatisfied with the Biden administration’s strategy to force the United States to pivot toward all-electric vehicles. According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market.

Following fears that Ford’s electric vehicle supply chain may represent a national security issue, concerned legislators are doubling down by outlining the path battery components are required to take in order to get here. On Monday, Rep. Mike Gallagher (R-WI) and Cathy McMorris Rodgers (R-WA) accused the automaker of having plans that required contracting technology and software firms with close ties to both the Chinese and North Korean governments.