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Ford to reveal more about its new low-cost electric vehicles on August 11
Ford to reveal more about its new low-cost electric vehicles on August 11

Yahoo

time01-08-2025

  • Automotive
  • Yahoo

Ford to reveal more about its new low-cost electric vehicles on August 11

Ford is set to reveal more information about its upcoming low-cost electric vehicles at an event in Kentucky on August 11. And the company is talking a very big game: CEO Jim Farley said Wednesday that the announcement is 'a Model T moment' for Ford. Farley made the comments after Ford revealed its electric vehicle division posted a loss of around $1.3 billion in the second quarter of 2025. Sales of the company's top two EVs, the F-150 Lightning and the Mustang Mach-E, are declining, all while things are looking increasingly tough for electric vehicles under the second Trump administration. Switch Auto Insurance and Save Today! The Insurance Savings You Expect Affordable Auto Insurance, Customized for You Great Rates and Award-Winning Service Farley first revealed that Ford had a skunkworks team developing a low-cost electric vehicle in February 2024. As TechCrunch first reported, the effort is being led by former Tesla executive Alan Clarke, and the team is brimming with talent from companies like Tesla, Rivian, Apple, and Lucid Motors. The company has been deliberately vague about any specifics, but has admitted that the first vehicle to be built on this new low-cost platform will be a mid-size pickup truck set for release in 2027. Ford has said it will build 'multiple vehicle styles — for both retail and commercial customers' on the platform, and that these vehicles will feature 'personalized digital experiences.' Cheaper models could help Ford, but 2027 is still a long way out. While there are basically no mass-market electric vehicles available in the U.S. at or under $30,000, that likely won't be the case when Ford's secretive EVs hit the market in two years. Tesla has said it will start selling a stripped-down (and possibly smaller) Model Y SUV later this year. General Motors is bringing back the Chevy Bolt next year. And Jeff Bezos-backed startup Slate Auto is putting its own low-cost electric pickup on sale as early as late 2026.

2027 Chevy Bolt Teases Sharper Styling and a NACS Charging Port
2027 Chevy Bolt Teases Sharper Styling and a NACS Charging Port

Car and Driver

time30-07-2025

  • Automotive
  • Car and Driver

2027 Chevy Bolt Teases Sharper Styling and a NACS Charging Port

Chevy has released the first teaser images for the 2027 Bolt, which is due to start production by the end of this year. Spy photos show the new Bolt using the same body as the previous Bolt EUV, but the teaser images show redesigned front and rear fascias. Chevy also confirmed the Bolt will gain a NACS charging port, allowing the EV to be plugged into Tesla's massive Supercharger network. We've known a new Chevy Bolt is imminent for nearly two years now. General Motors first announced a second iteration of its affordable EV in late 2023 as it wound down production of the original Bolt EV and EUV. Now we have the first official look at what to expect from the 2027 Chevy Bolt, which GM confirmed earlier this year will begin production at the Fairfax Assembly plant in Kansas City, Kansas, by the end of 2025. Chevrolet Recent spy photos surprised us by revealing that the second-generation Bolt appears to be more of a deep refresh than a truly new vehicle. It sports the same egg-shaped body as the outgoing EUV model, wearing camouflage only on the front and rear fascias. Now, Chevrolet has published a series of teaser images on social media, showing off the front and rear designs. New LED running lights now sit perpendicular to the ground, ditching the slight angle of the outgoing "eyebrows," and appear to be linked by a black trim piece that holds a Chevy badge. The running lights are also now connected to the main headlight units below, which retain their trapezoidal shape. We can also spot a diamond-like pattern embossed into the sheetmetal above the lower grille opening. Chevrolet Chevy also teased a chunkier taillight design and flashy black wheels, but the other key piece of information is a photo of the charging port, confirming that the new Bolt will come with a NACS port. Nearly every automaker is beginning to switch to the NACS plug, and this will allow the Bolt to hook up to Tesla's vast Supercharger network. Chevy said more details will come this fall. We think the Bolt will retain its affordable starting price while adding more competitive range and decreasing charging times. Given customers' appetite for SUVs, the Bolt may only return in EUV form. The 2023 Bolt EUV started at $28,795, although that was a serious discount from its 2022 base price of $34,495. We expect pricing of the new 2027 model to land just above $30,000. Caleb Miller Associate News Editor Caleb Miller began blogging about cars at 13 years old, and he realized his dream of writing for a car magazine after graduating from Carnegie Mellon University and joining the Car and Driver team. He loves quirky and obscure autos, aiming to one day own something bizarre like a Nissan S-Cargo, and is an avid motorsports fan.

Where EVs go after the megabill
Where EVs go after the megabill

Politico

time15-07-2025

  • Automotive
  • Politico

Where EVs go after the megabill

Now that President Donald Trump and congressional Republicans have slammed the door on federal support for electric vehicles, EV advocates face a tough question. 'Where do we go?' said Joel Levin, the executive director of nonprofit Plug In America. Interest groups could still advance the EV cause, though none have Uncle Sam's unique power to tax and spend. States, cities, electric utilities, private companies and automakers all have their own reasons to want EVs to succeed. 'We're going to be looking for those little openings where we see interest and opportunity,' said Anne Blair, the head of policy for the nonprofit Electrification Coalition. They may find a blueprint in how climate and clean energy groups responded the first time Trump took office. The federal government's withdrawal from climate goals spurred the creation of the U.S. Climate Alliance, a coalition of states that sought to retain the nation's commitments to reduce greenhouse gases, as well as Drive EV Fleets, a collective of local government agencies that promote EVs as fleet vehicles. Since then, EVs have risen from bit player to a centerpiece of presidential politics — with former President Joe Biden making EV support a key plank of his agenda, and then Trump vowing in last year's election to tear that project down. 'The wind in both directions is much stronger than it was then,' Levin said. More at stake: With EVs now firmly established, more entities have a stake in the outcome. The liberal states that kept the EV flame alive during the first Trump administration are reconstituting themselves and could — just maybe — see their ranks grow with states that have significant battery and EV factory investments, such as Nevada, Georgia, North Carolina and South Carolina. Automakers may also pick up the torch. When Trump last left office, General Motors had exactly one EV model, the Chevy Bolt. The company now has at least nine models and, according to Cox Automotive, has doubled its EV sales in the last year, making it a firm second in the U.S. market behind Tesla. Furthermore, it is achingly apparent to U.S. automakers that they are going to be squeezed out of global markets if they don't seriously compete with China on EVs. 'That may be what it takes' to get carmakers to supersize EV sales on their home turf, said Albert Gore, the executive director of the Zero Emission Transportation Association, an EV trade group. California remains a beacon. After Congress in May killed the state's effort to phase out sales of new gasoline cars by 2035, Democratic Gov. Gavin Newsom ordered regulators to try again. In general, this year's stinging losses have persuaded EV advocates they need to expand well beyond the climate argument to persuade Republicans and doubtful consumers that EVs are the future. 'It is just a transportation solution that allows us to get from point A to point B better, cheaper and cleaner,' said Stan Cross, the electric transportation director at the Southern Alliance for Clean Energy. 'It is not a political hot potato.' It's Tuesday — thank you for tuning in to POLITICO's Power Switch. I'm your host, David Ferris. Power Switch is brought to you by the journalists behind E&E News and POLITICO Energy. Send your tips, comments, questions to dferris@ Today in POLITICO Energy's podcast: Gloria Gonzalez breaks down why Congress is getting behind nuclear energy. Power Centers Trump in PittsburghTrump, members of his Cabinet, Pennsylvania Sen. Dave McCormick (R) and a slew of tech executives and investors were in Pittsburgh on Tuesday to showcase their commitment to Pennsylvania. Google announced a plan to spend $25 billion on energy and AI infrastructure across the regional power grid serving Pennsylvania and much of the mid-Atlantic region. As part of that announcement, Google said it would spend $3 billion to revive two hydropower plants in the state. Trump arrived in the midafternoon to Carnegie Mellon University for the tightly choreographed conference organized through McCormick's office. Speakers made the case that Pennsylvania's prolific Marcellus natural gas formation and the nuclear power industry could power data centers. In total, Trump said more than $50 billion in energy investments would be announced. A nuclear milestone approachesA mothballed nuclear power plant in Michigan is on the verge of restarting — the first shuttered commercial reactor in the U.S. to do so as the energy source gets a surge of support, Francisco 'A.J.' Camacho and Daviel Schulman write. The Palisades nuclear generating station in Covert Township got a $1.5 billion loan guarantee from the Biden administration, and disbursements have continued under Trump ahead of the plant's October restart. 'We've got two administrations with very different philosophies on energy, both saying this makes sense to move ahead with bringing Palisades back,' said Rep. Bill Huizenga (R-Mich.), who represents Covert's congressional district. Climate suit looks to terror caseA climate lawsuit against an oil and gas company is invoking a Supreme Court decision that allows Americans injured by terrorism acts to sue Palestinian groups, Lesley Clark writes. The justice's ruling centered on personal jurisdiction, a legal technicality that's used to determine a court's jurisdiction. Lawyers for Puerto Rico are urging a judge to adopt a similarly broad standard in their case. More cuts to EPAHouse Appropriations subcommittees approved three fiscal 2026 bills Tuesday with significant cuts to energy, environment and climate initiatives. The House Appropriations Interior-Environment Subcommittee passed its bill on a party-line 8-5 vote. The legislation would slash funding for the Interior Department, Environmental Protection Agency and other environmental agencies, though not as deeply as proposed by the White House, Kevin Bogardus, Daniel Cusick and Manuel Quiñones report. Democrats decried its cuts to EPA's efforts to combat climate change. The agency would receive $7 billion in fiscal 2026, a 23 percent drop. In Other News Solar setback: A program that helped rural farmers install solar and make efficiency upgrades has faced troubles in the Trump administration. Another exit: Troy Jones, Tesla's top sales executive in North America, has left the company after 15 years. Hold steady: OPEC did not change its oil demand forecast because it expects global trade tensions to ease. Subscriber Zone A showcase of some of our best subscriber content. AI is showing promise as a tool for weather forecasting, but federal cuts could slow its ability to predict storms like the deadly floods in Texas. EPA asked Maryland to fix an error it found in its application for an offshore wind project. ConocoPhillips asks to drill more wells in Alaska. That's it for today, folks! Thanks for reading.

Last Chance: Buy Your EV Before Federal Tax Credits Expire
Last Chance: Buy Your EV Before Federal Tax Credits Expire

Miami Herald

time07-07-2025

  • Automotive
  • Miami Herald

Last Chance: Buy Your EV Before Federal Tax Credits Expire

President Trump's "big, beautiful bill" has been signed into law, posing significant regulatory changes for those considering buying a new or used electric vehicle (EV). One of, if not the biggest, change is the bill's elimination of federal tax credits for new and used EV purchases. The federal tax credit for a new EV registration was worth up to $7,500, while a used EV purchase could get you a $4,000 federal tax write-off, or 30% of the purchase price, whichever was lower. A new EV must contain a battery capacity of at least 7 kilowatt-hours (kWh), weigh under 14,000 lbs, undergo final assembly in North America, and meet other requirements in areas like critical mineral sourcing and price caps. Qualifying for a used EV tax credit is more straightforward, but the total sale cost needs to be $25,000 or less, limiting options for buyers. Pre-owned EVs also had to meet the same weight and battery requirements as new electric car purchases, be a 2023 model year or older, be transferred after August 16, 2022, and be bought from a licensed dealer. However, Trump's bill doesn't end federal EV tax incentives until after September 30, so shoppers still have some time to capitalize. Elaine Buckberg, a former General Motors (GM) economist now at Harvard University's Salata Institute for Climate and Sustainability, predicts that with federal EV credits out the window, around 37% of cars bought through 2030 will be electric, down from 48% if incentives stayed, Bloomberg reports. While Congress's elimination of federal EV tax credits will dissuade some from buying an electric car, the increasing number of affordable models will help support sales. When the Inflation Reduction Act was signed into law by President Biden in 2022, it extended federal EV tax incentives, and 11 electric models were priced below $47,500. Now, there are 19 models below this cost, displaying how manufacturers are making strides in affordability. For example, Nissan's fully redesigned 2026 Leaf is expected to start at around $35,000. According to the automaker's Q1 investor call, Tesla is scheduled to announce the launch of a more affordable model any day now, and GM has multiple lower-priced EVs in the works, one of which is the next-gen Chevy Bolt. Bloomberg NEF anticipates that U.S. EVs will become as cheap or cheaper than their gas-powered counterparts by around 2028, but many EVs are expected to become more expensive after September 30. Slate Auto, the Jeff Bezos-backed electric auto manufacturer, removed its under $20,000 expected price tag for the company's upcoming electric pickup, with the automaker noting it initially anticipated its model as qualifying for federal EV tax credits. EVs will keep getting less expensive in the coming years as automakers learn how to spend less on manufacturing, but many models' immediate costs are likely to increase with Congress's elimination of federal tax credits. Dealers and automakers may start offering their own incentives, but these are unlikely to replace the benefits of federal incentives. As the EV market evolves, future Congresses could revisit the issue, considering Biden's Inflation Reduction Act was only signed a few years ago. Copyright 2025 The Arena Group, Inc. All Rights Reserved.

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