Tesla cuts prices — again — as EV incentive is halved for base Model 3
Tesla reduced prices to spur demand. It also said the base Model 3 would lose half of its federal tax credit. And the EV maker listed a new base configuration for the Model Y.
New Toyota CEO targets 1.5M EV sales in 2026, plans U.S.-built crossover EV
Koji Sato, in his first news conference after replacing Akio Toyoda, said Toyota and Lexus will launch 10 new EVs in the next three years.
2023 Toyota Corolla Cross Hybrid gives entry point for fuel-sipping crossovers
The 2023 Toyota Corolla Cross Hybrid will debut in U.S. dealerships in June and deliver an estimated 42 mpg with standard all-wheel drive.
Stellantis pressed by Illinois to revive Belvidere plant for Ram EV
Illinois has put on a major push for Stellantis to build an electric version of its Ram pickup at the recently-idled Belvidere plant, sources told Crain’s Chicago Business, an affiliate of Automotive News.
Biden is set to propose toughest-ever rules on car pollution to spur EVs
The proposed standards on cars and light trucks are expected to govern tailpipe emissions of carbon dioxide, smog-forming nitrogen oxide and other pollution from vehicles manufactured for model years 2027 through 2032.