Keyword: electric
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The price of used electric vehicles has come down to levels comparable with gasoline cars, a dynamic poised to boost their popularity despite the loss of a federal tax incentive for EVs, according to auto analysts. In August, the price premium for used EVs relative to used vehicles with a gasoline engine narrowed to just $897, on average, the smallest price gap on record, according to Cox Automotive. The average list price for used EVs was $34,704 in August, down 1.1% from July and 2.6% from a year earlier, it found. This price tag excludes a federal tax credit that...
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The federal electric vehicle (EV) tax credit expires at midnight, ending a 17-year policy pillar that helped close the price gap with gasoline vehicles and turbocharged adoption; the immediate fallout is likely softer demand, leaner EV production, and a strategic pivot by legacy automakers toward hybrids and profitable ICE (internal combustion engine) nameplates, while stopgap leasing workarounds cushion some of the blow. The end of the subsidy is a structural shock already rippling upstream: Battery makers face a growing U.S. surplus and shelved factory plans, undermining stated reshoring ambitions and setting up a whipsaw risk of future shortages if capacity...
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As reported by Bloomberg, insiders have told the publication that production has been reduced across two of the German giant’s EV-only factories, due to reduced demand. According to the insiders, Volkswagen’s Emden plant is cutting back staffing hours and will close its production lines for multiple days, impacting the ID.4 SUV and ID.7 sedan/wagon. The move is somewhat of a surprise, given the ID.4 and ID.7 were the third- and fifth-best selling EVs in Europe throughout the first six months of 2025, and aided Volkswagen to an overall EV sales win in August. Both models however are impacted by fluctuating...
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Turns out, as much money as those Biden bozos blew through, prepaying for electric buses up front that were never and will never now be delivered?EPA head Lee Zeldin says the Biden administraiton sent $160 million dollars to a Canadian electric vehicles company.... which then pocketed the money, didn’t send the school buses promised and then declared bankruptcy!“There was $160 million that went to a Canadian electric… pic.twitter.com/hANBqhFPfm— Mike Netter (@nettermike) August 16, 2025...“There was $160 million that went to a Canadian electric vehicle bus manufacturer. The Biden administration sent all of the money — They gave all the money...
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Forced electric load reduction and possible rolling blackouts in Maryland. Electric system in crisis. Got Coal?
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When my friend Rebecca in Highland Park, NJ, opened her PSE&G gas and electric bill last month, she almost fell out of her seat: It had tripled. It’s now costing her more than $1,000 a month to keep her modest home running. “It’s been creeping up for months, in spite of the fact that nothing about our house has changed,” she told me. “In years past, it was averaging about $300 a month.” “I don’t know how we’re expected to absorb these new bills,” she posted on Facebook. Her neighbor Felix Urman wondered the same as he ticked off his...
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he Japanese automaker posted a nearly $1.6 billion operating profit loss, as it writes off losses from its EV efforts and tariffs. The ‘Power of Dreams’ brand is taking a massive loss Japanese automotive giant Honda is rethinking its strategy regarding electric vehicles as it absorbed red-ink losses stemming from their development and the impact of U.S. tariffs. In the first quarter of its 2025-2026 fiscal year (April 1 to June 30, 2025), Honda took a one-time charge of ¥113.4 billion (~$780 million) related to its EV-related troubles. In total, the impact of the EV charge and its exposure to...
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Florida Power and Light will face considerable opposition next week when it goes before a typically utility-friendly Florida Public Service Commission with a request that board members approve what would be the biggest rate hike in Florida and U.S., history. ... FPL's rate hike, requested in February, will pull in $1.545 billion in 2026 and tack on an additional $927 million every year thereafter through 2029. That total additional revenue of $8.9 billion would likely rise if the company gets, as also requested, authority to further increase customer costs when it brings new solar and battery projects online in 2028-29....
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AI just helped scientists find five new materials that might outperform lithium in future batteries. These discoveries could enable cheaper, safer, and more powerful energy storage by using elements like magnesium and zinc. Tackling the Lithium-Ion Problem Researchers at the New Jersey Institute of Technology (NJIT) are using artificial intelligence to address a major challenge in the future of energy storage: finding low-cost, environmentally friendly alternatives to lithium-ion batteries. In a study published in Cell Reports Physical Science, a team led by Professor Dibakar Datta used generative AI to rapidly identify new porous materials that could transform the development of...
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Good luck in Buffalo and way upstate with this for your new home.It could be chilly in the winter, and the electric bills to keep your struggling heat pump pumping when it's twenty below?You only have so many kidneys to sell. Granted - that's only gonna be necessary if the power stays on.New York will soon require most new buildings to be fully electric, following a vote by the state Building Code Council, according to the Times Union. Beginning January 2026, gas and oil systems will be banned in newly constructed homes and low-rise buildings, with broader mandates kicking in...
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The data centers required for Big Tech are driving up electricity demand — and prices.This summer, across a vast stretch of the eastern United States, monthly home electric bills jumped. In Trenton, New Jersey, the bill for a typical home rose $26. In Philadelphia, it increased about $17. In Pittsburgh, it went up $10. And in Columbus, Ohio, it spiked $27.Few customers were happy, of course, but even fewer knew exactly why the rates had climbed so quickly.“I never know why it goes up,” said Vicki Miller, a retired secretary in Columbus. “But I can adjust the thermostat to save...
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With the federal EV incentive set to expire at the end of September, Ford is urging its dealers to prepare for a rush of buyers. Ford warns dealers of upcoming EV rush Like most automakers, Ford is preparing for a shakeup under the Trump Administration. After the “One Big Beautiful Bill” was signed into law on July 4, the $7,500 and $4,000 tax credit for new and used EVs will no longer be available after September 30. In a memo sent to dealers this week, Ford warned, “demand is expected to increase as the deadline approaches for eligible vehicles.” The...
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WASHINGTON — A Biden administration plan to create a “green” fleet of postal vehicles has churned out a mere 250 electric mail trucks in just over two years — after shelling out taxpayer funds meant to build thousands — leaving Republicans raging at the multibillion-dollar “boondoggle.” The nearly $10 billion project — which called for more than 35,000 battery-powered US Postal Service (USPS) vehicles to be completed by September 2028 — was funded in part by $3 billion in funding from former President Joe Biden’s 2022 Inflation Reduction Act. As of this month, the project is well behind schedule despite...
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I keep reading how big batteries are all it takes to make wind and solar reliable as the sole grid electricity source. The reality is that making wind and solar work at all requires a fantastic amount of battery backup, far more than is possible. Below is an example using the PJM grid. PJM is America’s biggest grid operator, with a territory covering the Mid-Atlantic and points west. Their territory includes the Washington, DC metro area, where all the federal bigwigs live, making it a good place to start. I also live there. We are quantifying a fantasy, so let’s...
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Nothing will ever be easy with congressional Republicans. The reconciliation package aged all of us 35 years, as Sen. John Thune (R-SD) and Speaker Mike Johnson (R-LA) had to whip votes, hold the line, and make some phone calls. President Trump was also working the phones heavily when final passage was at stake in the House. Republican leadership held the line, but with Rep. Mark Green (R-TN) retiring after the reconciliation vote, delivering what’s left of the Trump agenda before the 2026 midterms is about to get even tougher. The House did its job and passed the rescission package, but...
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The Supreme Court sided Friday with oil companies seeking to challenge California’s electric vehicle regulations. In a 7-2 ruling, the court allowed energy producers to continue their lawsuit challenging the Environmental Protection Agency’s decision to approve California regulations that require manufacturing more electric vehicles. “The government generally may not target a business or industry through stringent and allegedly unlawful regulation, and then evade the resulting lawsuits by claiming that the targets of its regulation should be locked out of court as unaffected bystanders,” Justice Brett Kavanaugh wrote in the majority opinion. “In light of this Court’s precedents and the evidence...
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City health officials say nearby residents should stay indoors as much as possible, wear a mask outside, avoid strenuous physical activity and close windows and doors. Decommissioned buses were burned during a fire at the SEPTA Midvale Depot in North Philadelphia on June 5, 2025. (Emma Lee/WHYY) From Philly and the Pa. suburbs to South Jersey and Delaware, what would you like WHYY News to cover? Let us know! A fast-moving fire erupted early Thursday at a transit bus lot in Philadelphia filled with dozens of decommissioned vehicles, sending a thick plume of black smoke into the sky but causing...
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A cargo ship carrying 3,000 cars, including 800 electric vehicles, caught fire off the coast of Alaska and continues to burn. The Coast Guard says that all 22 crew members escaped the ship and were picked up by two nearby freighters. The ship, a Liberian-registered car-carrier named "Morning Midas," was on its way to Lázaro Cárdenas, Mexico, from Yantai, China.. ... the Coast Guard is going to let the ship burn, since trying to put out a lithium-ion fire is nearly futile. ... In 2022, the Felicity Ace, a car carrier slightly larger than Morning Midas, sank in the Atlantic...
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If fire departments on land have problems unleashing the torrent of water needed to extinguish a single burning EV, the crew of a ship doesn't stand a chance against hundreds of flaming lithium-ion batteries. A cargo ship carrying around 3,000 vehicles across the Pacific Ocean caught fire on Tuesday. The Morning Midas, a 600-foot cargo ship, was in the middle of a voyage from Yantai, China to Lazaro Cardenas, Mexico when the fire broke out. Zodiac Maritime, the ship's London-based operator, noted that smoke was first spotted on a deck carrying 800 electric vehicles. Once the blaze got out of...
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Sales of electric vehicles are on the rise in the United States, but the road ahead for charging infrastructure looks a whole lot bumpier. Despite growing interest in EVs, the pace of building high-speed chargers isn’t just lagging, it’s actively falling behind. Add in looming policy shifts under the Trump administration, and the gap between supply and demand could widen even further. It’s understood that the number of high-speed EV chargers being installed across the US dropped more than 21% through the first quarter compared to last year. With this in mind, BloombergNEF has cut its expectations for EV installations...
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