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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...

Environmental Protection Agency (EPA) Administrator Lee Zeldin on Tuesday released the agency’s proposal to rescind what he has described as the “holy grail of the climate change religion,” which has led to over a trillion dollars in regulatory impact. Zeldin made the announcement to repeal the Obama-era Endangerment Finding at an auto dealer in Indiana alongside U.S. Secretary of Energy Chris Wright, Gov. Mike Braun (R-IN), Indiana Attorney General Todd Rokita, and American Trucking Association President and CEO Chris Spear. The EPA has said the Endangerment Finding has been used to justify over $1 trillion in regulations, including the Biden-Harris...

Matson surprised customers this week with an announcement that, effective immediately, it would suspend transporting battery-powered electric or plug-in hybrid electric vehicles due to the hazardous material classification of their lithium-ion batteries. The ability to ship cars between the mainland of the United States, Hawaii, Guam, and Alaska was an important service both for individuals and car dealers. In a letter sent to customers, the company writes, “Due to increasing concern for the safety of transporting vehicles powered by large lithium-ion batteries, Matson is suspending acceptance of used or new electric vehicles (EVs) and plug-in hybrid vehicles for transport aboard...

Chinese dominance in display technologies poses a critical national security threat, demanding urgent US action to secure supply chains. Last month, US energy experts uncovered hidden cellular radios inside Chinese-made solar inverters—critical components that link solar panels, batteries, and electric vehicle chargers to the grid. These rogue devices bypass installed firewalls, potentially giving China a clandestine “kill switch” over slices of America’s energy infrastructure. With China now producing over 70 percent of the world’s display panels and leading in OLED (organic light-emitting diodes) output, every Chinese console and cockpit screen—from fighter-jet helmet displays to submarine sonar monitors—risks a similar back-door...

A vehicle carrier transporting hundreds of Chinese electric vehicles (EV) sank in the Pacific Ocean after catching fire, fueling renewed concerns about the hazard associated with EV batteries, The Wall Street Journal reported Tuesday. The Morning Midas was carrying approximately 3,000 cars, including around 800 EVs, most of which were manufactured in China, according to the WSJ. While the exact cause of the fire is still under investigation, lithium-ion batteries used in many EVs are known to be highly flammable, and have been linked to similar maritime incidents in the past. The ship had been drifting in the ocean after...

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...

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...

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...

Vermont Governor Phil Scott paused the state’s electric vehicle sales requirements for passenger cars and medium and heavy-duty trucks on Tuesday, amid broader concerns about the feasibility of zero-emission vehicle rules pioneered by California. Vermont is one of 11 states including New York, Maryland and Massachusetts that have adopted California’s zero-emission vehicle rules, which seek to end the sale of gasoline-only vehicles by 2035. California’s rules require 35% of light-duty vehicles in the 2026 model year to be zero-emission models. Scott, a Republican, cited warnings from automakers that they could limit supply of gas-powered vehicles to dealers in the state...

Congressional Republicans are making a last-ditch effort to gut the Biden-era Inflation Reduction Act’s (IRA) green energy subsidies via President Donald Trump’s “one big, beautiful bill.” The House Ways and Means Committee unveiled a draft bill Monday afternoon to repeal several IRA subsidies including those for electric vehicles and so-called clean hydrogen while preserving tax credits for carbon sequestration, biofuels and advanced manufacturing, which primarily benefit solar and battery storage projects. Republican Utah Sen. Mike Lee and Reps. Chip Roy of Texas and Josh Brecheen of Oklahoma’s Energy Freedom Act would take an even more aggressive approach by proposing a...

It’s become vogue on the right to trash electric vehicles. And, mostly, we’re right to. Most of them are garbage retrofits that rely on a garbage network of chargers which are made by garbage ICE (Internal Combustion Engine) manufacturers who have absolutely no idea what they are doing. What they are manufacturing is virtue-signaling, not cars with anything even remotely resembling good EV—or any other type of—engineering. And then there’s Tesla. There are EVs, and there are Teslas. And though they are both clearly electric cars, they are two completely different animals. This article aims to give you a permanent...

The electric buses in question were made by a company called Proterra, which went bankrupt two years ago.. A city in Washington is selling nearly half of its electric bus fleet following reliability issues and difficulty getting replacement parts. The Everett City Council voted earlier this week to sell nine of the electric buses, of which only four are in service right now, because of reliability issues, including critical sensors and components that have been failing since they went into service. The city is now looking to purchase retrofitted diesel buses so there are no gaps in service. According to...

Ford Motor Company has reported a $5.1 billion loss in its electric vehicle and software business for 2024, with expectations of losing even more in 2025. The Verge reports that on Wednesday, Ford Motor Company announced its fourth quarter and full-year earnings for 2024, surpassing Wall Street expectations. However, the automaker also reported substantial losses in its electric vehicle (EV) and software division, known as Model e. The company lost $5.1 billion in this segment in 2024, a significant increase from the $4.7 billion lost in the previous year. Furthermore, Ford predicts that losses will continue to mount, potentially reaching...

California wildfire cleanup challenged by electric and hybrid vehicle batteries.. Highly combustible lithium-ion batteries used in electric and hybrid vehicles are complicating cleanup efforts in the Los Angeles neighborhoods ravaged by wildfire damage. Phase 1 of the federal cleanup is underway, as surveyors with the Environmental Protection Agency (EPA) work to remove and dispose of hazardous materials, including lithium-ion batteries found in charred vehicles and decimated homes. The EPA warned that batteries should be considered "extremely dangerous," even if they are believed to be intact, and "can spontaneously re-ignite, explode, and emit toxic gases and particulates even after the fire...

When Energy Secretary Jennifer Granholm and her staff of clowns bungled a four-day ramble in 2023 to show off the wonder of electric vehicles, the lasting impression would be the report of her advance team blocking an open charger so she wouldn’t have to wait for one. A federal report, however, reveals details that cast the entire charade in an even worse light. The Granholm tour was to take her from Charlotte, N.C., to Memphis, Tenn., and was intended to justify the billions of taxpayers’ dollars the Biden administration was pouring into green energy initiatives. The message was lost when...

After Hurricane Milton made landfall in Florida on Wednesday, Sunshine State residents who own electric vehicles have been urged to be cautious. Ahead of Milton, one county that was in the hurricane’s path, Hillsborough County, said Monday EV owners in flood zones “should move their vehicles away from flood areas and storm surge” and noted storm surge and flooding can “pose a potential risk to lithium-ion batteries and could lead to fires.” It shared a county webpage about electric vehicle hurricane safety. EVs left behind during hurricanes should not be plugged into charging stations or parked in garages because of...

Electric cars are up to twice as expensive as petrol or diesel vehicles to run... Running an electric vehicle (EV) can cost more than 24p per mile, while a diesel vehicle is 12.5p .. 80p per kilowatt hour ... A typical electric car will travel 3.3 miles for every kWh of electricity used, meaning rapid and ultra-rapid chargers currently cost the equivalent of 24.1p per mile. ... This is about double the average diesel car, which will do 43 miles per gallon, resulting in a cost of 12.5p per mile at current prices. A typical petrol car costs 14.5p per...

Kamala Harris's campaign recently walked back Harris's position on EV mandates, stating she "does not support an electric vehicle mandate." But the campaign is now shying away from questions about whether Harris would sign or veto legislation she personally cosponsored in the Senate that would implement a nationwide EV mandate. The campaign on Wednesday ignored several questions from the Washington Free Beacon asking for it to clarify Harris's position on EV mandates. That came one day after a Harris campaign official declined to comment late Tuesday to Axios on whether she would even sign the so-called Zero-Emission Vehicles Act that...

Normal Fire Department (NPD) crews battled a blaze at the Rivian plant parking lot Saturday night. NFD spokesperson Matt Swaney said fire crews were called to Rivian’s Normal plant just before 9:45 p.m. for a reported vehicle fire. He said there is an unspecified number of vehicles damaged by the incident. Witnesses outside the plant said they reportedly saw the fire as early as 9:50 p.m. The EV assembly plant was not affected by the fire, Swaney said.

The biggest European car market, Germany, saw the sales of electric vehicles plummet by 36.8% in July from a year earlier, as EV sales are softening worldwide and as Berlin ended subsidies at the end of 2023.New car registrations of battery vehicle vehicles (BEVs) in Germany slumped to 30,762 vehicles in July from the same month of 2023, the latest data rom the German Federal Motor Transport Authority showed on Monday. July marked the largest annual drop in EV sales since the government ended subsidies for EV acquisitions in December 2023. While BEV sales plunged, the overall car market held...