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Stellantis on Friday announced it will take a $26.5 billion charge as the automaker cuts back on electric vehicle (EV) production, joining other manufacturers in taking a financial hit after misjudging consumer demand for EVs. Stellantis – the parent company of brands including Chrysler, Jeep, Dodge and Ram – became the latest automaker to take a charge. The $26.5 billion charge is larger than those taken by Ford and General Motors in the wake of the end of federal EV subsidies. The automaker had set ambitious EV goals under its former CEO, Carlos Tavares, who aimed for EVs to make...

Prime Minister Mark Carney of Canada announced on Thursday a sweeping plan to offer billions of dollars in incentives and tax breaks for auto industry investment designed to help turn Canada into a global leader in electric vehicles.The new policies, Mr. Carney said, were meant to transform Canada’s economy and make it less reliant on a single trade partner after President Trump’s economic assaults and threats on Canada’s sovereignty have frayed relations between the two nations.“We must take care of ourselves,’’ Mr. Carney told reporters at an auto parts factory in Ontario. “We cannot control what others do.’’Mr. Trump has...

When will they learn? Making pointless Net Zero gestures is apparently more important than wasting hard-earned taxpayer money on ridiculous electric buses that DON'T WORK when it gets cold..

General Motors has announced that production of the newly updated 2027 Chevrolet Bolt EV will end after approximately 18 months to make way for a gas-powered Buick crossover at its Kansas manufacturing facility. Inside EVs reports that General Motors has confirmed plans to discontinue production of the heavily updated 2027 Chevrolet Bolt electric vehicle after a limited production run of about one and a half years. The decision will allow the automaker to repurpose its Fairfax, Kansas, factory for manufacturing the Buick Envision, a gas-powered crossover currently built in China that will be reshored to the United States. A Chevrolet...

Top business leaders this week delivered an expletive-laden plea in defense of climate action, describing the backlash to Europe’s green transition as an “aberration.” In an interview with CNBC at the World Economic Forum in Davos, Switzerland, Allianz CEO Oliver Bäte said he disagreed with the suggestion that it may just be a matter of time before net zero is dismissed in Europe, saying short-term thinking on this issue is “bulls---.” Asked about political leaders backtracking on their much-vaunted European Green New Deal and Norway’s oil fund reportedly defending a push from companies to water down their climate goals, Bäte...

Over the past couple of years, I have had several posts here expressing skepticism about whether electric vehicles (EVs) were really the wave of the future. Most recently, I had a post on December 17 noting the rapid decline of EV sales in the U.S. during the fourth quarter of 2025, following the expiration of certain tax credits on September 30. Overall, my take has been that the EV market has been propped up by government subsidies and benefits and, like all businesses dependent on government handouts, would likely shrink drastically (if not completely disappear) without them. For a different...

BEIJING -- The Liberal government has reached a deal with Beijing to slash tariffs on a set number of Chinese electric vehicles in exchange for China dropping duties on agriculture products, Prime Minister Mark Carney said Friday. The deal marks a de-escalation in tensions with a country the Liberal government had, in recent years, branded as a disruptive power. Carney described it as a “preliminary but landmark” agreement to remove trade barriers and reduce tariffs, part of a broader strategic partnership with China that includes increasing tourism and cultural ties. Carney also said Xi has committed to visa-free travel for...

A revolutionary solid state battery was publicized globally in January of 2026, but not shown in person. If the announcement is true, the world will be dramatically changed. We interviewed the co-founder of Donut Labs, which made the announcement: • Donut Labs and Verge Motorcycles In Depth ... We dug up as much information as we could, including a few bit we haven't seen anywhere else. We found a billionaire and some intellectual property which could explain the amazing properties of this battery. Heck, we even take a guess at a specific battery chemistry and manufacturing method which might fit...

Times, they are a changing....Reminber i told you so...

China's BYD has overtaken Elon Musk's Tesla as the world's biggest seller of electric vehicles (EVs), marking the first time it has outpaced its American rival in annual sales. Tesla car sales dropped by nearly 9% in 2025 to 1.64 million vehicles sold worldwide, the carmaker said on Friday - its second consecutive year of falling car deliveries. Those figures placed Tesla behind BYD, which said on Thursday that sales of its battery-powered cars rose last year by almost 28% to more than 2.25 million. The US firm has faced a tough year with a mixed reception to new offerings,...

Jaguar’s transition to becoming an EV-only brand is almost complete, following the final vehicle with an engine rolling off one of its UK production lines. Though nothing has been officially announced by Jaguar, the Jaguar Enthusiasts Club reported on last week’s landmark occasion, in which an F-Pace SUV rolled off the line on December 19, 2025. The F-Pace SVR’s black paint was reportedly a tribute to the final E-Type which too was finished in black, though the larger focus was on what was under the SUV’s bonnet, with its supercharged 5.0-litre V8 engine being the last to leave a Jaguar...

A joint venture between two industry giants will lead to the launch of a flagship EV, and it’ll take an unexpected title when it does come to market. The Afeela 1 is going on sale in California next year as the first model from Sony Honda Mobility, a partnership between the tech and car giants, with a vision to take on the upper end of the EV market. While some cars already offer onboard gaming via their touchscreens – or even have rear screens you can plug devices into – the Afeela 1 will be the first car to feature...

It was less than three years ago — early 2023 — that I was writing about the then-universal government and industry line that electric vehicles (EVs) would soon be taking over the American car market. In April 2022 the Biden Administration had adopted aggressive vehicle mileage standards intended to be achievable only through rapid transition to EVs. Our “climate leader” states, California and New York, had then adopted regulations in August and September 2022, respectively, mandating a phase-out of sales of combustion vehicles, to culminate in 2035, after which only EVs would be allowed. In a post in January 2023,...

The EU looks set to scrap a landmark 2035 ban on new petrol and diesel cars on Tuesday, as part of a package of reforms aimed at supporting Europe's embattled auto industry. Carmakers and their backers have lobbied hard for Brussels to relax the ban over the past year – in the face of fierce competition from China and a slower-than-expected shift to electric vehicles (EVs). Set in 2023, the ban was a cornerstone of the EU's environmental Green Deal, which has come under increased pressure from businesses and right-wing politicians as the EU seeks to bolster its industry.

Just four years after it was launched, the Ford Motor Company has pulled the plug on its electric F-150 Lightning truck. The company instead will reportedly be focusing on hybrid vehicles and a future lineup of smaller and more affordable electric vehicles. In a call with reporters on Monday, Andrew Frick, the president of Ford Blue and Ford Model E, the company's commercial and electric divisions, said, "The American consumer is speaking clearly and they want the benefits of electrification like instant torque and mobile power. But they also demand affordability … rather than spending billions more on large EVs...

According to the Los Angeles Fire Department, the fire was reported at 9:20 a.m. on Foothill Boulevard, just below the 210 Freeway overpass. No children were aboard at the time, and the driver was transported to a local hospital for minor smoke inhalation injuries. Aerial footage showed a large plume of smoke emerging from below the underpass. The smoke led to the closure of the Osbourne Street offramp, according to Caltrans. Fire crews were at the scene but appeared to keep their distance from the flames. Experts say fires involving lithium-ion batteries, commonly used in electric vehicles, are typically controlled...

Ford CEO Jim Farley has proven himself to be a passionate car guy, but every now and again he pops up to remind everyone he’s running a multi-billion dollar company with one of the most recognisable brand names in the world. Earlier this week, Farley stood with US President Donald Trump as fuel economy targets were slashed, effectively allowing Ford – and other brands – to battle less red tape and sell vehicles for greater profits, while at the same time providing better up-front affordability for buyers. Now, Farley has turned his attention to Europe, amid reports that the continent’s...

What It Is The Chevrolet Camaro was originally created as a Ford Mustang foil. History now appears ready to repeat itself as Chevy prepares to reintroduce the Camaro nameplate to the market. This time, we're hearing from our sources that we should expect the Bow Tie to resurrect the Camaro not as a coupe but as a fastback SUV aimed squarely at the Mustang Mach-E. That is, unless General Motors president Mark Reuss has his way and the Camaro makes its comeback as an electric car. But if it's an SUV, here's what we believe you can expect: Why It...

VA pulls the plug on Biden’s $77M EV-charger earmarkVA will instead ensure money is used to improve care and services for VeteransWASHINGTON — The Department of Veterans Affairs today announced it has terminated a Biden-Administration mandate to spend $77 million on electric vehicle charging stations at VA facilities. The money will instead be redirected to critical health care construction projects. In fiscal year 2023, the Biden White House forced VA to divert $77 million from its construction and technology budget to build solar powered electric vehicle charging stations at VA facilities. The Democrat-controlled Congress approved this funding diversion, but the...

WASHINGTON — The US Postal Service’s promised all-electric fleet is still woefully behind schedule, with more than $3 billion in taxpayer funding out the door and just 612 of the expected 35,000 battery-powered delivery trucks built, according to a letter sent to Sen. Joni Ernst (R-Iowa) and obtained by The Post. Former President Joe Biden’s 2022 Inflation Reduction Act (IRA) set aside $3 billion for what Ernst has since ripped as a green “boondoggle” that saw almost all of that amount paid to Wisconsin-based defense contractor Oshkosh to build the environmentally friendly mail trucks. Ernst, who chairs the Senate’s DOGE...