Honda cancels its $11B EV and battery plant in Canada due to a slowing US EV market and increased competition. This follows the cancellation of several EV models and reflects a broader shift in the auto industry away from EVs towards hybrids.
Rivian's CEO plans to manufacture lidar sensors in the USA for the R2 EV, aiming for eyes-off autonomous driving. Though initial R2s lack lidar, the company considers leveraging Chinese solid-state lidar tech through a joint venture for future domestic production.
The Volkswagen ID. Polo, a new affordable urban electric hatchback for Europe, starts at EUR24,995. It features LFP/NMC batteries, a 282-mile range, APP290 drive, V2L, and an upgraded interior with physical buttons.
In 2026, numerous EV models, including the C-HR, Q4 E-Tron, and GV60, face abysmal sales. Factors like overstated demand, high prices, limited infrastructure, and the expired federal EV tax credit are forcing automakers to adjust production and cancel models.
Tesla's Semi electric truck is now rolling off the high-volume assembly line. With significant investment in its production, the Semi promises emissions-free hauling and impressive efficiency, offering two range options.
