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Trump administration, EV
Trump administration orders states to halt EV charging programs
In a memo released Thursday, the Federal Highway Administration ordered states to halt a $5 billion program to build fast EV chargers on highways nationwide — an initiative that President Donald Trump cited as an example of the “Green New Deal.”
Trump administration tells states billions in EV charger money is on hold
The Trump administration on Thursday told states it was blocking money for electric vehicle chargers, including $71 million for Washington, one of the latest steps by the White House to halt Biden-era funding.
Trump administration moves to suspend national EV charger rollout
The bid to freeze the money upends how the federal government delivers funding to states and may violate court orders issued this week.
Ford lost $5 billion on its EV business
Ford’s EV losses hit billions in 2024, is the worst yet to come?
Ford managed to beat Wall Street’s expectations for the fourth quarter of 2024, posting $48.2 billion in revenue, up $2.2 billion year-over-year. Gains from its gas-powered vehicle sales helped offset net losses from an unprofitable EV business.
Ford lost $5 billion on its EV business in 2024—and things could get worse this year
Ford is the first major automaker to report earnings since Trump signed an executive order stating that the U.S. would impose 25% tariffs on goods from Mexico and Canada, which would affect Ford.
Ford projects mounting EV losses for 2025, Q4 profit up
The automaker forecast overall profitability for 2025, but even that was lower than in 2024. For the fourth quarter, it reported a net profit of $1.8 billion, up from a loss of $500 million in the year-ago quarter as pension-related costs weighed on results.
EV, California
California’s Surge in EV Sales Has Stalled — So What Happens to Its Landmark Mandate?
California’s push to electrify its cars is facing a potentially serious problem: People aren’t buying electric cars fast enough
California EV sales stall, raising questions over future mandate
After three straight years of strong growth, sales have stabilized in California, raising questions about whether the state will fail to meet its groundbreaking mandate banning sales of gas-powered vehicles.
California’s EV Sales Stall—What It Means For The Future Of Electric Cars
Douglas McIntyre, editor-in-chief at Climate Crisis 24/7, reports that EV sales in California—America’s largest EV market—grew by just 1% last year. With the state leading the push for EV adoption, this stagnation raises concerns for the rest of the country.
1h
on MSN
Tesla faces major sales drop in an important EV market
EV automaker announced some pretty dismal numbers, including a net year-over-year sales decline and weak earnings numbers ...
55m
on MSN
Demand for Tesla nosedives in EV-friendly Europe amid jeers over Elon Musk’s endorsement of the far right
Popularity has plummeted in markets like Germany, a country still haunted by its fascist past, where Tesla's share of EV ...
4h
Tracking the EV battery factory construction boom across North America
Battery factories are popping up across North America. Here's where they are and how the Inflation Reduction Act influenced ...
2h
on MSN
Chicago Auto Show goes electric with 2 EV tracks, dozens of models and first appearance by Rivian
The atmosphere is electric at this year’s Chicago Auto Show, with two indoor EV test tracks, dozens of models and several ...
PC Magazine
6h
2025 Chevrolet Equinox EV Review
Chevrolet Equinox EV is a compelling small electric SUV with more than 300 miles of range, a stylish exterior and interior, ...
1d
Cybertruck Gets $7,500 Tax Credit Despite Threat Of Ending ‘EV Mandate’
The Cybertruck gets the federal tax credit despite the noise from President Trump about eliminating 'unfair' EV subsidies, ...
4h
EV Company News For The Month Of January 2025
Global electric car sales Dec. 2024 up 23% YoY to 30% share. China sales up 46% to 53% share. Europe up 4% to 28% share. USA ...
PC Magazine
12h
2025 Chevrolet Blazer EV Review
Chevrolet Blazer EV has good range, stunning looks, state-of-the-art infotainment, and preventative driver assists, all for a ...
15h
Presto EV-Charging Platform Raises $15M, Has Ties With Avis, Hertz
Presto, an electric vehicle charging platform, said it has raised $15 million in funding from Union Square Ventures, ...
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