Ford to release info on new low-cost electric vehicle on August 11

Ford to release info on new low-cost electric vehicle on August 11

One of these will likely be a mid-sized electric pickup truck Ford plans to release more information about its upcoming low-cost electric vehicle (EV) at an event in Kentucky on August 11. This announcement comes after it was revealed that Ford’s EV division posted a loss of US$1.3 billion (about C$1.8 billion CAD) in the second quarter of 2025. This loss is due to the declining sales of Ford’s top EVs and issues brought about by U.S. President Donald Trump’s tariffs. Since Ford’s initia...
Read More
FG Tours SAGLEV Facility, Commends Automaker For Accelerating Nigeria’s Transition To Electric Vehicles

FG Tours SAGLEV Facility, Commends Automaker For Accelerating Nigeria’s Transition To Electric Vehicles

FG tours SAGLEV facility in Lagos, commends automaker accelerating Nigeria’s transition to electric vehicles. Factory tour comes two weeks after SAGLEV officially launched the M-Hero 917 electric SUV into the lucrative Nigerian automotive market. SAGLEV currently produces 16 different electric vehicle models, ranging from ride-hailing cars to BRT buses, right here in Nigeria. The Federal Government of Nigeria has commended Lagos-based SAGLEV Electromobility Company Limited for its contribution...
Read More
Volvo Cars swings into loss on electric vehicles, tariffs

Volvo Cars swings into loss on electric vehicles, tariffs

High costs for EV development and US tariffs are hurting Volvo’s bottom line. Photo: Nicolas TUCAT / AFP/FileSource: AFP Volvo Cars announced on Thursday it had swung into loss in the second quarter, after it took an impairment charge for its electric cars, booked restructuring charges and dealt with a slower, tariff-troubled market. The net loss of 8.1 billion kronor ($830 million) was due to a 11.4-billion-kronor writedown in the value of its EX90 electric SUV and ES90 electric sedan due...
Read More
Why GM’s CEO is still betting on electric vehicles (and racing)

Why GM’s CEO is still betting on electric vehicles (and racing)

GM was the first major US automaker to make the promise to go all-electric by 2035, just four years ago. Those promises have since turned into rough estimates under the second Donald Trump presidency, with the company softening language about its electrification goals. But GM is riding high on EV sales, and as CEO Mary Barra puts it, EVs are still the future — just on a delayed (and very flexible) timeline. “We still believe in an all-electric future,” Barra told The Verge in an exclusive...
Read More
3 Top Electric Vehicle (EV) Stocks to Buy in July

3 Top Electric Vehicle (EV) Stocks to Buy in July

Key Points Rivian and Lucid Group share prices have plenty of upside. But there’s one classic EV stock investors shouldn’t ignore. 10 stocks we like better than Lucid Group › If you’re looking for huge growth potential, check out electric car stocks. These businesses are hard to get off the ground. But once growth begins, it can be hard to stop. Just take a look at Tesla (NASDAQ: TSLA). Since 2010, its shares have increased in value by more than 23,000%. Looking to grow your...
Read More
China-backed electric vehicle testing centre could be established in Hungary

China-backed electric vehicle testing centre could be established in Hungary

Daily News Hungary July 10, 2025 News To Go The ZalaZONE Automotive Test Track. Illustration. Photo: MTI/Katona Tibor Hungary and China could set up a centre for developing, testing and certifying new energy vehicles and their energy storage systems in Zalaegerszeg (W Hungary), the ZalaZONE Automotive Proving Ground told MTI. The China-US Green Fund, Zhongzhi Zhitong Testing Technology and Automotive Proving Ground Zala have signed a memorandum of understanding on establishing an alternative ene...
Read More
Former Land Rover engineer joins handful of Africa’s electric vehicle manufacturers

Former Land Rover engineer joins handful of Africa’s electric vehicle manufacturers

Nigeria, Africa’s largest economy with over 200 million people, has a nascent electric vehicle (EV) market. Only 15,000 to 20,000 EVs are currently on its roads, representing a mere 0.5% to 1% of the total vehicle fleet. While this shows progress from 5,000 EVs five years ago, it falls well short of government targets: 7.5% electric vehicle adoption by 2025 and 40% by 2050. High costs present a significant barrier, with a new electric vehicle averaging $25,000, several times Nigeria’s median...
Read More
Anker Solix electric vehicle charger could be on the way – NotebookCheck.net News

Anker Solix electric vehicle charger could be on the way – NotebookCheck.net News

An image of a new Anker Solix electric vehicle charger (pictured) has leaked. (Image source: AnkerInsider via X.com) An Anker Solix electric vehicle charger is rumored to be in development. A recent report has shared details and an image of this product, which has yet to be officially announced by Anker. Three versions are rumored to be on the way, each expected to offer remote app-based controls. Anker is rumored to be developing a new Solix electric vehicle charger. The brand’s Solix range a...
Read More
Sainsbury’s roll out offer worth £5,000 but only for electric vehicle drivers

Sainsbury’s roll out offer worth £5,000 but only for electric vehicle drivers

403 ERROR Request blocked. We can’t connect to the server for this app or website at this time. There might be too much traffic or a configuration error. Try again later, or contact the app or website owner. If you provide content to customers through CloudFront, you can find steps to troubleshoot and help prevent this error by reviewing the CloudFront documentation. Generated by cloudfront (CloudFront) Request ID: eayHnh853CyAEJ4oeTRAUeCv8aYhW-cuRYFXEXNDCx6GfGM2ca2l3g== Read More...
Read More
‘We’re optimistic’: Repealing federal electric vehicle mandate top ask for Carney, industry association says

‘We’re optimistic’: Repealing federal electric vehicle mandate top ask for Carney, industry association says

The federal government’s electric vehicle sales mandate aims to see all new vehicles sold be zero-emission by 2035. Photo by Peter J. Thompson/National Post/File Article content OTTAWA — As pressure builds on the federal government to make changes to its electric vehicle sales mandate, a spokeswoman for Environment Minister Julie Dabrusin says they will be engaging with provinces and industry to ensure that measures “reflect” current circumstances.  THIS CONTENT IS RESERVED FOR SUBS...
Read More
en_USEnglish