EV Sales Climb in Spite of Automaker Losses and Trump-Related Uncertainty
Ford’s EV unit lost billions of dollars, but at the same time, EV sales as a whole were up in the U.S. in 2024 compared to the year before.
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Topics
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UK ministers plan to subsidise EV loans to drive sales
State could underwrite private sector loans to reduce monthly repayments and purchase costsFinancial Times - Jan. 29 -
Increase regulation of online sale of weight-loss jabs, pharmacists say
Current rules leave door open for medicines to be supplied without appropriate patient consultation, association says. Pharmacies are demanding tougher regulation of the online sale of weight-loss ...The Guardian - Jan. 27 -
EV Truck Maker Nikola Weighs a Sale as Cash Crunch Hits Hard
The fuel-cell electric truck maker continues to struggle as its cash reserves dwindle.Inc. - Jan. 24 -
EU plans subsidy for EV car sales to counter China
Teresa Ribera says European Commission weighing up measure demanded by GermanyFinancial Times - Jan. 23 -
Automakers Brace for Impact of Trump Tariff Plan for Canada and Mexico
North American car companies have operated across borders for three decades. Tariffs would raise prices and cost jobs in the short run, analysts say.The New York Times - Jan. 21 -
Trump rallied in Washington on eve of inauguration
The president-elect kicked off pre-inauguration festivities Saturday with a series of inaugural balls and a fireworks display.NBC News - Jan. 19 -
EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024
DETROIT — Sales of all-electric vehicles and hybrid models reached 20% of new car and truck sales in the U.S. for the first time last year — marking a landmark year for “green” vehicles but coming ...NBC News - Jan. 16 -
VW's Scout has more than 50,000 EV reservations as automaker aims to grow U.S. share
LAS VEGAS — Scout Motors has received more than 50,000 refundable reservation deposits for its first electric pickups and SUVs, according to Volkswagen CEO Oliver Blume.NBC News - Jan. 9 -
Uncertainty Over Trump’s EV Policies Clouds 2025 Forecast for Carmakers
Possible tariffs and an end to a $7,500 tax credit are only two factors that could affect automakers’ plans as the new administration assumes power.Inc. - Jan. 9 -
VW's Scout has more than 50,000 reservations for upcoming EVs as automaker aims to grow U.S. share
Volkswagen, which revived the old American brand, said Scout is part of its plan to grow its market share in the U.S.CNBC - Jan. 8
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Amazon’s outlook underwhelms as tech giant forecasts ‘lumpy’ cloud growth in years ahead
Amazon shares slid after the online-retail and cloud-services giant offered a first-quarter outlook that came up short of Wall Street’s expectations while forecasting bumpy trends in its cloud ...MarketWatch - 12m -
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