Honda warns of historic annual loss on global EV downturn
The carmaker’s strategy rethink will see it cancel the development and launch of three EV models that had been planned for North America, it said Thursday.
electric cars
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After fast start, electric cars need a recharge as range limits, cost leave some drivers skeptical
Adding to the headwinds: an incoming new U.S. president who has disparaged government support for electric vehicles.
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Toyota to spend $1.4B to add EV production at Indiana plant
Production of a new battery electric vehicle at the plant is expected to result in 340 new jobs by the end of 2025, Toyota announced Thursday.
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Battery maker EnerDel files for Chapter 7 bankruptcy
The company’s bankruptcy filing comes less than a month after it shut down its Andersen plant in a decision that blindsided employees.
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New dashboard tracks number of electric, hybrid vehicles registered in Indiana
Among Indiana counties, Marion County has recorded the most electric and hybrid vehicles registered over the last five years, totaling close to 91,000.
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Articles
Stellantis seeks to exit battery venture with Samsung as EV losses mount
Stellantis and Samsung SDI formed their Indiana joint venture, StarPlus Energy, in 2021 and began production at a $2.5 billion battery manufacturing plant in Kokomo three years later.
Trump outlines plan to unwind Biden-era car mileage mandates
The Transportation Department proposal represents the administration’s latest bid to unwind a suite of policies spurring electric vehicle production that Trump has derided as an “EV mandate.”
Musk could become history’s first trillionaire as Tesla shareholders OK giant pay package
The vote followed weeks of debate over his management record at the electric car maker and whether anyone deserved such unprecedented pay.
US opens Tesla probe after more crashes involving self-driving technology
The National Highway Traffic Safety Administration said in a filing dated Tuesday that it has 58 incident reports of Tesla vehicles violating traffic safety laws while operating in full self-driving mode.
Tesla reports surprise increase in car sales in third quarter
The electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30.
Car sales expected to surge as buyers raced to nab lapsing EV credit
Most industry observers forecast a slowdown in EV sales in the coming quarters, because without the federal incentives, the vehicles are still more expensive than gas-powered cars.
Indiana sees modest gains in clean-energy jobs, stronger growth in EV sector, report says
Though the overall growth was modest, clean-vehicle employment remains one of the stronger performing subsectors in Indiana.
Trump’s EPA targeting key vehicle-emissions rules. Here’s what that means for carmakers.
The Environmental Protection Agency’s plan this week to relax rules aimed at cleaning up auto tailpipe emissions is the latest Trump administration move to undo incentives for automakers to go electric.
Tesla sales plunge again as anti-Musk boycott shows staying power
A June AP-NORC poll showed about half of U.S. adults have an unfavorable opinion of Tesla, including 30% of Republicans.
Honda pulls back on EV strategy for now, will push hybrid sales
Honda said Tuesday that electric vehicle sales were slowing in the U.S., prompting the automaker to scrap its previous goal for EVs to be 30% of its global vehicle sales by 2030.
States sue Trump administration for blocking funds for electric vehicle charging
The Trump administration’s effort to withdraw funding for electric vehicle chargers is part of a broader push to roll back environmental policies advanced under President Biden.
Electric vehicle maker Rivian planning service center in Fishers
The facility would be the second Rivian service center in Indiana following one that opened in March in Fort Wayne.
US to loosen rules on Tesla, other carmakers taking on China in race for self-driving cars
The Transportation Department said it will move toward a single set of national rules for the technology to replace a patchwork of state regulations.
Musk says he’ll spend less time in Washington, more running Tesla after profit plunges
The electric vehicle maker reported a 71% drop in profit and a 9% decline in revenue for the first quarter.
Quarterly Tesla sales drop 13% as Musk backlash, aging models hurt demand
Analysts are still not sure exactly how much the fall in sales is due to the protests or other factors. Electric car sales have been sluggish in general.
EV, battery manufacturers moving ahead on projects despite Trump’s views, actions
Potential rollbacks of Biden-era policies that incentivized electric vehicle production and ownership have stirred apprehension among some local economic development officials across the state.
What’s next for EVs as Trump moves to revoke Biden-era incentives?
President Trump’s order also put an immediate pause on billions of dollars in funding allocated for EV charging stations.
U.S. commits to $7.54B loan for Stellantis venture to build 2 EV battery plants in Indiana
The project being built by StarPlus Energy LLC is expected to create at least 2,800 jobs at the two plants and hundreds more at a nearby park for parts-supply companies.
Entek officially receives $1.2B DOE loan for Terre Haute plant
When operational, the facility will produce battery separators for lithium-ion battery manufacturers across the country, primarily for use in electric vehicles.