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Iowa Attorney General Brenna Bird has spearheaded a coalition of eight state attorneys general in filing a court brief supporting Ohio’s lawsuit against the Environmental Protection Agency (EPA) over California’s electric vehicle mandates, as reported by the Des Moines Register. The Controversial Mandate California’s mandate, passed in August 2022 by the California Air Resources Board,…
The rise of electric vehicles (EVs) is poised to dramatically alter the global oil industry, potentially leading to volatile prices and accelerated adoption of clean energy technologies. This insight comes from an analysis published in The Conversation, which examines the complex interplay between EV adoption, oil demand, and the transition to net-zero emissions. EVs: The…
The world of electric hypercars has just been jolted by Rimac’s latest creation, the Nevera R. This high-performance variant of the standard all-electric Nevera is pushing the boundaries of what’s possible in EV technology. According to information shared by Sawyer Merritt on X, the Nevera R is set to redefine speed and efficiency in the…
Ola Electric, a prominent Indian electric vehicle manufacturer, has made waves in the EV industry by introducing a new series of electric motorcycles. This strategic move comes just days after the company’s initial public offering (IPO), as reported by Reuters. Tapping into an Untapped Segment In a bold step to diversify its product lineup, Ola…
Acura has pulled back the curtain on its latest electric vehicle (EV) concept, showcasing a glimpse into the brand’s electric future. The Acura Performance EV Concept made its debut at The Quail, A Motorsports Gathering, hinting at an upcoming production model set to be manufactured at Honda’s EV Hub in Ohio. A New Chapter in…
European Union’s new tariffs on Chinese-made electric vehicles (EVs) have sent shockwaves through the market, causing a significant drop in registrations. According to Bloomberg, the introduction of these tariffs, which can reach up to 48%, has led to a 45% decrease in Chinese EV registrations in the EU this July compared to June. Tariff Impact…
Electric vehicle manufacturer Rivian has temporarily suspended production of its commercial delivery vans for Amazon, according to Reuters. The company cited a shortage of parts as the reason for the production halt, highlighting ongoing supply chain challenges in the EV industry. Supply Chain Woes Continue Rivian, like many other EV makers, has been grappling with…
According to a recent investigation by WIRED, some electric vehicles are experiencing severe depreciation, losing up to $600 per day in value. This trend presents both challenges and opportunities in the evolving EV market. Steep Drops in EV Value Some electric cars are reportedly losing as much as 50% of their value within the first…
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