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Lamborghini Dumps Its First EV, Bets on Hybrid Power
business1 day ago

Lamborghini Dumps Its First EV, Bets on Hybrid Power

Lamborghini is scrapping its Lanzador all-electric supercar and shifting to plug-in hybrids, after CEO Stephan Winkelmann said demand for EVs among its customers is almost zero and investing in full EVs would be an “expensive hobby.” By 2030 the brand plans all models to be PHEVs while maintaining internal combustion engines for now, and will continue electrification efforts but only when customer demand justifies it. Never say never on EVs, but the current market isn’t ready for a pure electric Lambo.

via Jalopnik|
#auto-industry#business#electric-vehicle
US auto market shifts toward bigger, hybrid-focused models as emissions rules loosen
business3 days ago

US auto market shifts toward bigger, hybrid-focused models as emissions rules loosen

CNN reports that the EPA repealed the 2009 greenhouse‑gas endangerment finding, removing a federal basis for vehicle emissions regulation. The change is expected to nudge automakers toward higher‑margin, gasoline‑heavy SUVs and hybrids, potentially reduce certain tech like stop‑start systems, and slow the EV ramp‑up—though electrification isn’t disappearing and global markets will continue pushing toward it. The impact will likely unfold gradually over multiple model years rather than as an abrupt shift.

via CNN|
#auto-industry#business#emissions-regulations
Stellantis retreats from EV hype with a $26B write-down and strategic pivot
business19 days ago

Stellantis retreats from EV hype with a $26B write-down and strategic pivot

Stellantis posts a $26.2 billion write-down as it resets its electrification plan after overestimating the pace of the energy transition, joining Ford and GM in trimming EV bets. Charges cover canceled Jeep EVs, non-amortized platform costs, cash obligations, supply-chain cuts, and European job impacts. The company will accelerate US investments ($13B) to add 5,000 jobs and expand trucks/SUVs, including a Ram 1500 V8 and a gas Dodge Charger, reflecting a shift toward realism about demand and execution.

via Ars Technica|
#auto-industry#business#electrification
CR's 2026 Top 10: All-Electrified Picks Across Car Classes
technology22 days ago

CR's 2026 Top 10: All-Electrified Picks Across Car Classes

Consumer Reports has released its top 10 vehicles for 2026, and for the first time every model on the list is electrified—hybrids or battery-electric. The lineup spans from compact cars to full-size pickups and includes Honda Civic Hybrid, Toyota Camry Hybrid, Subaru Crosstrek Hybrid, Subaru Forester Hybrid, Toyota Grand Highlander Hybrid, Lexus NX Hybrid, Ford Maverick Hybrid, BMW X5 Hybrid, Tesla Model Y (the sole all-electric on the list), and Ford F-150 (hybrid option). The rankings emphasize efficiency, reliability and safety, with many models priced under $50,000.

via CBS News|
#auto-industry#consumer-reports#electric-vehicles
Canada–China EV Tariff Pact Could Push Cheaper Cars Into North America
business1 month ago

Canada–China EV Tariff Pact Could Push Cheaper Cars Into North America

Canada’s new China EV tariff deal lifts a cap on imports (49,000 cars initially, rising to 70,000 within five years) and aims to bring cheaper Chinese EVs into North America, potentially easing U.S. affordability pressures but sparking concerns about North American auto jobs and competitiveness. The agreement could boost Chinese investment in Canada and reopen exports to Canada’s biggest port, with brands like Tesla likely to benefit from China-built models. Analysts say affordability remains the core issue for 2026’s car market, so lower-priced EVs would be a key driver if the deal translates into real demand in Canada, Mexico, and possibly the U.S.

via InsideEVs|
#auto-industry#business#canada
Germany opens €3B EV subsidy to Chinese carmakers
business1 month ago

Germany opens €3B EV subsidy to Chinese carmakers

Germany’s €3-billion EV subsidy will be available to all manufacturers, including Chinese brands, with incentives ranging from €1,500 to €6,000 to boost EV adoption in Europe’s largest auto market; there are no country-of-origin restrictions, and the policy is expected to support about 800,000 vehicle purchases by 2029, a move seen as a boon for affordable Chinese automakers like BYD though its real impact remains uncertain.

via CnEVPost|
#auto-industry#business#byd
Canada Slashes Chinese EV Tariffs, Triggers North American Auto Debate
business1 month ago

Canada Slashes Chinese EV Tariffs, Triggers North American Auto Debate

Canada cut its tariff on imported Chinese electric vehicles from 100% to 6.1%, with an initial cap of 49,000 cars and a five-year ramp to 70,000, a move that drew criticism from Ontario's Doug Ford, Unifor, and U.S. officials who warn it could endanger domestic auto jobs, national-security concerns, and cross-border manufacturing ties, even as supporters argue cheaper EVs could accelerate adoption in Canada. The policy shift may foreshadow a more competitive North American auto market, with first imports possibly arriving in March or April.

via InsideEVs|
#auto-industry#business#canada
Trump touts Michigan comeback as auto industry leads the economic revival
politics1 month ago

Trump touts Michigan comeback as auto industry leads the economic revival

President Trump returns to Michigan to celebrate a claimed economic turnaround and auto-industry revival, highlighting low inflation, wage gains, a rising stock market, and tariff-driven investment, while outlining housing, healthcare affordability, and anti-fraud/immigration policy ideas. He tours Ford’s Dearborn plant, criticizes Biden-era policies, and pledges aggressive actions against fraud and sanctuary-city policies amid references to the Minnesota Somali fraud scandal.

via The White House (.gov)|
#auto-industry#economy#michigan
Trump touts revived American auto era during Michigan visit
business1 month ago

Trump touts revived American auto era during Michigan visit

President Trump visits Michigan to promote what he says is a robust revival of the U.S. auto industry under his policies, pointing to record sales for Ford, GM, and Stellantis, overall auto-market affordability, new domestic investments, tariff actions he argues didn't raise prices, and regulatory reforms aimed at reducing costs and boosting competitiveness.

via The White House (.gov)|
#auto-industry#business#manufacturing