Global sales of fully electric and plug-in hybrid vehicles will rise by at least 17% this year to over 20 million cars, helped by an extension of China's auto trade-in subsidies, research firm Rho Motion forecast on Tuesday.

The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.

In its quest to get a million electric vehicles on the road by 2030, Illinois was counting on $148 million in federal funding to help build a statewide network of public EV chargers. Now that funding has been frozen — and targeted for possible reduction or elimination — under a wide-ranging executive order that President Donald Trump signed on his first day in office.

Volkswagen may have an answer to its China woes in the form of a joint venture with XPeng, a Chinese automotive manufacturer. The two companies are working on new architecture that will underpin VW’s Chinese EVs. The first models should hit the market in 2026, and at least one will be an SUV.

Electric vehicles are “not a political thing,” according to Rivian’s (RIVN) CEO RJ Scaringe. Although the Trump administration is

Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday as some expect the cheaper car to help the company hit its goal to increase deliveries by up to 30% this year.

Porsche is close to launching its first electric sports car, but rather than start with the iconic 911, Porsche will initially add battery power to the 718 Boxster and Cayman. A prototype for the electric Cayman has now been spotted for the first time.

A surge in sales of electric vehicles in the final months of last year could continue well into 2025, as consumers continue to take advantage of federal tax incentives while they last.,

Gainesville Mayor Harvey Ward said it could take weeks or even months before Trump’s ability to withhold the funding is clarified.

[UPDATE] Tesla and General Motors stand to bear the brunt of the elimination of the federal EV tax credit.

Trump’s new executive order ending the EV mandate could give companies more leeway in the EV transition, but it is not expected to save jobs in the long term.