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The post France Aims to Sell Cheap Electric Cars and Drives Diesel Down to 2% Market Share appeared first on Car Revs Daily.

The government says it is considering cutting the new electric car sales target from 80% to 50% by 2030.

The Luce's launch drew backlash from some commentators who said it broke from the brand's signature dramatic styling.

Between increasingly extreme weather, rising electricity demands, and the rapid expansion of data centers, energy independence is starting to look less like a talking point for doomsday preppers and more like sound planning. That shift in thinking is driving more homeowners than ever towards solar-plus-battery energy solutions like the industry-leading Tesla Powerwall – but Powerwall isn’t the only game in town, anymore.

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The UK government is considering relaxing its landmark electric vehicle rules, even in the face of inflated oil prices, a recordbreaking year for temperatures and wildfires, and EV sales that are already rising fast enough to meet the government’s current target. Update 8/14: The government officially launched its consultation on EV rules today, even as PM Burnham was in West Midlands surveying wildfire damage exacerbated by climate change caused by gas-powered vehicles.

With incentives removed, EV sales are slumping, but one brand still seems to be doing alright.

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Geely EX5 hybrid crossover became the most popular model in Russia in July

Global EV sales rose 9% in July, but the growth map couldn’t look more uneven.

The UK government is considering relaxing its landmark electric vehicle rules, even in the face of inflated oil prices, a recordbreaking year for temperatures and wildfires, and EV sales that are already rising fast enough to meet the government’s current target.

New energy vehicles took a record 65.1% of Chinese passenger car sales in July, but NEV volumes fell about 2% year on year, a seventh straight monthly decline, while the total market dropped 18%. Geely’s Xingyuan was the bestseller and BYD’s best performer managed only fifth over six months. Electric and hybrid cars took 65.1% […] This story continues at The Next Web

Deliveries of electric vehicles (EVs) in China fell 3.9 per cent in July from a year earlier, extending their decline to a seventh consecutive month as fading government incentives and weaker consumer demand weighed on the market. Domestic sales of pure electric and plug-in hybrid vehicles last month also fell 5.8 per cent from June, according to data from the China Passenger Car Association (CPCA). “A bleak market outlook is likely to affect most small [EV] companies, as some of them will be...

The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla's Model Y remained popular.

The structural collapse of gas car sales has continued in the world’s largest auto market, with July numbers showing that the only type of vehicle doing well is pure battery-electric cars, while sales of every other type of vehicle continue to drop precipitously for months on end.

In the first half of this year, the global electric vehicle market excluding China approached 4,600,000 units, growing by more than 30% compared to the previous year. While Chinese automakers expand their strides overseas beyond the domestic market, Hyundai Motor Company and Kia Corporation slightly

For just $32,000, China’s electric Bronco has plenty to offer, including over 400 miles of range.

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Australian BEV sales pass the 20% mark for the second month in a row as Geely's best-selling hatchback arrives on Australian shores. Plus, news of the week. The post The Driven Podcast: More small cars arrive as EV sales stay big appeared first on Renew Economy.

The automaker sold just 2,065 EVs in the U.S. last month, most of them being Mustang Mach-E crossovers.

The post China-Made Electric Cars Are Everywhere as Europeans Lose Brand Loyalty, Survey Finds appeared first on Car Revs Daily.

Kia’s first electric van continues to defy expectations. The PV5 has quickly become the most popular e-LCV across Europe and the UK.

Geely's new E2 hatchback starts at just $22,490 in Europe, while America's cheapest EVs all sit well above $28,000.

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U.S. electric vehicle (EV) maker Tesla was the bestselling imported passenger car brand in Korea for the sixth consecutive month in July, industry data showed Wednesday. According to the Korea Automobile Importers & Distributors Association (KAIDA), 30,976 imported passenger cars were newly registered last month, up 14.3 percent from a year earlier. Tesla led the market with 10,237 units, maintaining the top spot since February. BMW ranked second with 6,533, followed by Mercedes-Benz with 3,959 and China's BYD with 2,846. The Tesla Model Y was the bestselling imported model last month, with 8,705 units sold. Driven by strong demand for EVs from brands such as Tesla and BYD, EVs accounted for nearly half of all imported passenger car registrations, totaling 15,428 units in July.

Toyota will begin rolling out a new generation of hybrid batteries next year, the automaker said during its quarterly earnings call on Tuesday. The company will convert existing battery production lines in Japan with enough capacity for roughly 600,000 vehicles to build the new packs, which it says will deliver better performance at a lower […] This story continues at The Next Web

Tesla’s sales inside China fell 19% in the first half of 2026 compared to its peak in 2023, dropping to the lowest level in years, according to new data from the China Passenger Car Association (CPCA). At the same time, exports out of Giga Shanghai surged 127%. Tesla’s China plant is increasingly building cars to ship somewhere else.

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July was a fantastic month for the two automakers, except for their electric offerings.

The post Electric Car Satisfaction Reaches Record High as Drivers Are More Likely Than Ever to Recommend Them—It’s Not the Technology, It’s the Savings appeared first on Car Revs Daily.

The bearish sentiment surrounding China’s electric vehicle (EV) sector has intensified after three premium carmakers reported weak sales for July, further heightening concerns that the market is heading for another brutal price war. EV makers Xpeng, Nio and Li Auto all reported month-on-month sales declines last month, as demand for intelligent cars weakened amid an economic slowdown in mainland China. Xpeng delivered 38,027 vehicles to customers in July, down 5.2 per cent from June, as the...

U.S. EV sales are down, but the rest of the world is picking up the slack to reduce its reliance on oil.

Plus, the Rivian R2 is proving to be a saving grace, Amazon's Zoox wins first U.S. approval for paid robotaxis without human controls and more.

Electric vehicle sales are still strong globally, despite drops in overall vehicle sales and the elimination of many EV incentives domestically.

Ferrari's oddly styled Luce got roasted online and tanked the stock 8%, but it just hit its 2026 sales target just two months after launch.

When Ferrari revealed its first electric car in May, the reaction was brutal enough to knock 6% off the company’s share price. Two months later, the Luce has sold out its entire 2026 allocation, roughly 500 cars, proof that ridicule and demand are not the same thing. Ferrari itself declined to comment, saying it would […] This story continues at The Next Web

Samsung SDI, a major Korean battery manufacturer, said Thursday it swung to a profit in the second quarter from a year earlier, driven by higher battery sales and a U.S. tax credit. In the three months that ended in June, the company posted a net profit of 471.6 billion won ($327 million), shifting from a net loss of 166.7 billion won in the same period last year, it said in a regulatory filing. The company attributed the turnaround to increased shipments of electric vehicle (EV) batteries to Europe and stronger demand for high-voltage batteries used in power tools, uninterruptible power supply (UPS) systems and battery backup units (BBUs). The company also said a sizeable tax credit under the Advanced Manufacturing Production Credit (AMPC) program of the U.S. Inflation Reduction Act helped boost quarterly earnings. Samsung SDI also swung to an operating profit of 203.8 billion won in the second quarter from an operating loss of 397.8 billion won a year earlier. Sales rose 18.5 percent

Global EV sales shook off a rough start to 2026 and came bounding back in Q2, jumping 35% from the first three months of the year and setting quarterly records in 50 countries.

LG Energy Solution Ltd. (LGES), Korea's leading battery maker, said Thursday it swung to a net loss in the second quarter from a year earlier amid a prolonged slowdown in the electric vehicle (EV) market. In the three months that ended in June, LGES posted a net loss of 328.6 billion won ($228.4 million), compared with a net profit of 90.6 billion won in the same period last year, the company said in a press release. "Sluggish EV sales in the North American market and the suspension of operations at U.S. joint venture plants since early this year weighed on the quarterly results," a company official said. Ultium Cells LLC, the battery joint venture between LGES and General Motors, temporarily suspended operations at its first plant in Ohio and its second plant in Tennessee in January due to slowing demand. Operating profit plunged 77 percent to 113.3 billion won in the second quarter from 492.1 billion won a year earlier. The operating profit was 43.8 percent below the average estimate

The Nissan Leaf consistently leads the rankings for the used electric vehicle market, with 1,567 cars sold over a six-month period

Maybe Ferrari was right to ignore the peanut gallery?

The post 88 Units Sold in Seconds: Ferrari’s First Electric Car Dominates China, the Market It Was Born For appeared first on Car Revs Daily.

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The latest news and headlines from Yahoo! News. Get breaking news stories and in-depth coverage with videos and photos.

The latest news and headlines from Yahoo! News. Get breaking news stories and in-depth coverage with videos and photos.

Volkswagen CEO Oliver Blume is demanding the European Union impose higher tariffs on Chinese plug-in hybrids after the Tiguan PHEV dropped from Europe’s best-selling plug-in hybrid to fourth place in a single year. The BYD Seal U now leads the segment, followed by the BYD Atto 2 and the Jaecoo 7. All three are Chinese. […] This story continues at The Next Web

Modern electric vehicles retain an average of 97 percent of their original range after three years and 95 percent after five years, according to a new analysis by EV data company Recurrent. For a 2026 model with a rated range of 325 miles, that means roughly 309 miles would remain after half a decade of […] This story continues at The Next Web

On this week's Plugged-In Podcast, we talk used EV prices, Mack's new Chevy Blazer EV, and the end of the Honda Prologue.

The post Spanish EV Market Sets June Record: Top-Selling Models for 2026 appeared first on Car Revs Daily.

From electric vans to entry-level SUVs, Kia now has an EV for nearly everyone. After sales jumped 88% in the second quarter, Kia expects demand to pick up in the second half of 2026.

Tesla delivered 480,126 vehicles in the second quarter, its highest-ever quarterly total, and generated record revenue of $28.24 billion, up 26% year-on-year. Operating income fell 57% to $398 million. Adjusted earnings of 33 cents per share missed the 51-cent consensus by a wide margin. Shares fell roughly 4% after hours. The gap between the top […] This story continues at The Next Web

Record revenue and a big delivery rebound weren’t enough to offset lower vehicle margins and Tesla’s costly AI and robotics push.

Q2 2026 was profitable, but barely.

The company is selling more cars, but the company’s profit was down because of price cuts and higher expenses.