As the world focuses more on sustainability, companies like LAXcar are asking an important question: Should we go green? EVs are already making waves in many industries, and the logistics sector is no exception. But will EVs truly become the top choice for companies like LAXcar? For logistics companies that transport goods across cities, switching…

Chrysler is charging into the electric future, and the beloved Pacifica minivan is next in line. At the 2024 LA Auto Show, CEO Christine Feuell confirmed that Chrysler's electric minivan will retain the iconic Pacifica name. With a refresh planned for 2026, the electric Pacifica promises to usher in a new era of modernity and…

Swedish EV battery maker Northvolt, once hailed as Europe’s hope to rival Chinese battery dominance, has filed for Chapter 11 bankruptcy protection in the U.S. The news deals a significant blow to Europe’s ambitions to build a homegrown EV battery industry and reduce reliance on Asian manufacturers like CATL and BYD. Dire Financial Conditions Northvolt’s…

In a significant shift, British automaker Lotus, owned by China's Geely, has announced it will no longer pursue an all-electric lineup by 2028. Instead, the brand plans to develop hybrid and extended-range electric vehicles (EVs) to cater to a broader audience, particularly as luxury buyers remain hesitant about fully electric vehicles. At the Guangzhou Motor…

The cost of EV batteries has been on a steady decline, and according to a recent report from Goldman Sachs, this trend will continue at a much sharper rate over the next few years. The report predicts that global average battery prices could drop by as much as 50% by 2026, a significant reduction from…

Panasonic has officially started mass production of its groundbreaking 4680 battery cells at its Wakayama plant in Japan. This milestone will significantly boost the performance and affordability of electric vehicles, marking a pivotal moment in EV technology. The 4680 battery cell ia named for its dimensions (46mm in diameter and 80mm in length). As the…

Lucid Motors has issued a recall for approximately 1,539 Lucid Air Pure rear-wheel drive (RWD) vehicles. The company mentions the recall is due to a wiring harness that is too short. This issue, affecting 2024 and 2025 models, could potentially lead to power loss or reduced power in the vehicle's single drive unit, increasing the…

Xiaomi, the tech giant known for its smartphones and AIoT devices, has posted impressive third-quarter earnings for 2024, surpassing analyst expectations largely due to the rapid growth of its electric vehicle (EV) business. The company’s increasing investments in smart EVs, particularly the SU7, have played a crucial role in this success. For Q3 2024, Xiaomi…

Stellantis, the parent company of well-known brands such as Dodge, Ram, Jeep, and Fiat, has revealed a new platform designed for electrified full-size trucks and SUVs. Known as the STLA Frame, this platform is to support both battery electric vehicles (BEVs) and range-extender electric vehicles (REEVs), in addition to offering compatibility with other powertrains, including…