Ford EVs are losing money, but hope is on the way with a next generation of vehicles. Mazda shows an appealing electric sedan so far limited to China. Toyota plans a second U.S.-made three-row electric SUV. And Honda is creating another EV hub in Canada. This and more, here at Green Car Reports. More lower-priced Ford EVs are on the way, the automaker said
Honda on Thursday announced plans to push its EV supply chain into Canada, in a move that it said recognizes "the long-term attractiveness of the Canadian EV manufacturing ecosystem.” The investment is significant—$11 billion U.S. dollars, including investments by joint-venture partners—but it doesn’t yet actually commit to
In its quarterly earnings call this week, Ford reported significant losses on EVs—but still promised lower-priced models. As reported by CNN, Ford said its EV unit lost $1.3 billion in the first quarter, or $132,000 for each of the roughly 10,000 EVs sold by the automaker during that period. Sales were down 20% from a year earlier, but
An electrified successor to the Mazda 6 mid-size sedan goes on sale in China later this year, but prospects for the U.S. are unclear. Unveiled at the 2024 Beijing auto show, the Mazda EZ-6 combines the Japanese automaker's signature design flair with powertrain tech from Changan Automobile, Mazda's Chinese partner. Mazda hasn't confirmed sales
Toyota announced on Thursday that it plans to build a new three-row battery-electric SUV in Princeton, Indiana, with a corresponding $1.4 billion investment in the plant. The company emphasizes that this announcement comes in addition to the recent $1.3 billion investment in the automaker’s Kentucky plant, to build a separate three-row
GM reveals more about what will turn its EVs into backup power for the home. Mini shows its Aceman EV. And EV sales are set to make gains in the U.S. and globally in 2024. This and more, here at Green Car Reports. The Mini Aceman urban EV has been revealed, and it quite closely follows the 2022 concept car of the same name. If this model arrives in the
GM last week announced details regarding its vehicle-to-home (V2H) system, set to launch with the Chevrolet Silverado EV RST, that will help EV owners back up their home without the help of a storage battery like a Tesla Powerwall or a backup generator. It’s ultimately part of GM’s big energy play that sees EVs becoming home power
EV sales are likely to continue growing in 2024, reaching around one in five new car sales globally, and 11% of the U.S. market, according to the International Energy Agency (IEA). Tight profit margins, volatile battery raw material prices, and the phaseout of incentives in certain countries have led to concerns about an EV sales slump, but data
Mini on Wednesday unveiled a new entry electric model, although it's unclear if it will reach the U.S. Called the Aceman, the new model is a crossover that borrows the name and minimalist look from a 2022 concept car. Measuring just 160 inches long, it slots between the redesigned 2025 Mini Cooper hatchback and 2025 Mini Countryman crossover. That
Tesla reintroduces the Model 3 Performance, and the brand rules in ownership costs. Mercedes rolls out its electric G-Class. And Vinfast adds U.S. dealerships. This and more, here at Green Car Reports. In addition to Tesla’s quarterly call for investors—which ended up very much focused around robotaxi plans—the EV brand revealed its Tesla
A new Tesla Model 3 Performance based on the refreshed Model 3—codenamed "Highland" by the automaker—is now available to order in the U.S. Appearing on Tesla's website Tuesday, the new Model 3 Performance has a dual-motor all-wheel drive powertrain rated at 510 hp and 546 lb-ft of torque. Tesla quotes 0-60 mph in 2.9 seconds, a 163 mph
Vinfast on Tuesday announced the signing of 12 more U.S. dealerships, but a recent report suggests the EV firm may be falling behind on sales targets. The first of the new dealerships is expected to open later this month, according to a Vinfast press release. The additions will give the company 18 franchised dealerships in seven states—North