Tesla unveiled a lower-priced Cybertruck in the domestic market, introducing its most affordable version of the electric pickup as it reduced prices across the...
LG Energy Solution has canceled part of a major battery supply agreement with Ford, reflecting the automaker’s shift away from electric vehicles following U.S. subsidy cuts and weaker EV demand.
SK On and Ford agreed to dissolve their $11 billion BlueOval SK battery joint venture, splitting ownership of three U.S. plants as both companies adjust to slowing EV demand. Ford will take over two Kentucky factories, while SK On assumes full control of the Tennessee plant and plans to supply batteries to Ford and other customers.
A recent study shows that EV insurance rates are significantly higher than those for gasoline-powered cars, averaging 49% more nationwide.
According to data from Insurify,...
Electric vehicles (EVs) are often seen as expensive upfront, but their lower fuel and maintenance costs, along with long battery warranties, make them an...