EV Market News

Hertz Global Holdings reported Q4 revenue of $2.0 billion and a GAAP net loss of $479 million, or $1.56 loss per diluted share. The FY 2024 included revenue of $9.0…
Mercedes-Benz is recalling certain 2022-2024 EQB 250, EQB 300 4MATIC, and EQB 350 4MATIC electric vehicles. The high voltage battery may fail internally and lead to a vehicle fire while…
Rivian Automotive is opening sales for the Rivian Commercial van to fleets of all sizes in the U.S. The van is the platform on which Amazon’s custom electric delivery van…
Cox Automotive is launching a first-of-its-kind certification program designed to help ensure that its Manheim auction locations can safely and effectively handle used EVs as these vehicles increasingly flow back…
Lucid Group, maker of advanced electric vehicles, has appointed Taoufiq Boussaid as chief financial officer, to become effective Feb. 25. Interim CFO Gagan Dhingra will be promoted to senior vice…
A new study by Tata Consultancy Services reveals that more than 6 out of 10 (64%) consumers are likely or very likely to consider an electric vehicle (EV) for their…
DealerOn Inc., a provider of automotive tier 3 marketing technology solutions, is joining forces with Lyteflo to elevate EV merchandising for car dealerships. This dynamic partnership puts Lyteflo’s innovative EV…
According to the 2024 Cox Automotive Car Buyer Journey Study, EV buyers reported higher satisfaction levels across several critical aspects of the purchase experience, outperforming their traditional internal combustion engine…
Hyundai Motor Company’s award-winning Hyundai IONIQ 5 took part in a prestigious Guinness World Records title attempt for the greatest altitude change by an electric car. The record attempt was…
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