Electric Cars Archives

If $50,000 EVs still lose $6,000, when will EVs become profitable?

Stephen Edelstein

Legacy automakers are still losing thousands of dollars on many EV sales, according to newly published analysis from the Boston Consulting Group. BCG estimates that most automakers lose around $6,000 on each EV they effectively sell...

Report: Mercedes pulls the plug on range-extended EV possibilities

Stephen Edelstein

Mercedes-Benz is scrapping extended-range EV powertrains after tests of prototypes, according to an Autocar report citing an anonymous source with knowledge of the matter. Mercedes built and tested some prototypes based on existing models, “concluded that the...

2024 Lucid Air Grand Touring adds heat pump, charges up to 30% faster

Stephen Edelstein

The 2024 Lucid Air Grand Touring—the longest-range version of the Air luxury sedan—gets some small but notable changes for the current model year, Lucid announced Wednesday in a press release. The Grand Touring is the second...

2024 GMC Sierra EV boasts 440-mile range, CrabWalk, lower price

Bengt Halvorson

GMC confirmed on Tuesday that the limited-edition launch version of its 2024 Sierra EV pickup will arrive in summer 2024—with about 10% more EPA range than originally suggested. The full-size electric truck, touted to be the...

Maserati reveals US-bound luxury electric convertible

Stephen Edelstein

The Maserati GranTurismo Folgore is getting a convertible sibling that will create a new EV market niche in the U.S. Unveiled Monday, the Maserati GranCabrio Folgore is scheduled to arrive in the U.S. in the fourth...

Review: 2025 Hyundai Ioniq 5 N enthusiast EV shows it's worth the wait

Emme Hall

The good folks at Hyundai have scrambled my brain with the 2025 Ioniq 5 N, a devilish little electric compact crossover that might just be a motorsports game-changer. Most electric vehicles are a blast to drive...

Blackstone buys EV gigafactory land, quelling UK net-zero dreams

By Indrabati Lahiri This move could significantly slow down Britain’s ambitious net-zero plans to increase lithium battery production domestically, in order to decrease dependence on China. ADVERTISEMENT US private equity giant Blackstone has recently announced that it...