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EV prices soar, as one exec warns of market "collapse" if they don't get cheaper

Green Car Reports

EV prices are soaring at a non-sustainable rate, one auto-industry executive warns. As noted by Autoblog, several automakers have raised prices on their electric models in recent months. Tesla has raised prices multiple times this year, and the GMC Hummer EV got a $6,250 price bump last week.

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BrightDrop: GM’s silent push into electric commercial vehicles

Charged EVs

They’ve seen Super Bowl ads for the GMC Hummer EV , or heard news about the lengthy, painful Chevrolet Bolt EV battery recall. BrightDrop offers a fascinating window into the breadth of GM’s EV plans, though even many people in the auto industry know little about it. The BrightDrop Zevo 600. Photo courtesy of BrightDrop.

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GM’s epically bad year still earned it $10 billion – but that’s not due to EV sales

Baua Electric

GM forecasts its total US auto industry sales to hit 16 million in 2024, but it has dropped its goal of making 400,000 EVs through mid-2024. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing on solar, check out EnergySage , a free service that makes it easy for you to go solar.

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Ford, Volkswagen, and GM Explore EV-Powered Houses

Cars That Think

No less an auto industry titan as Ford has also made bidirectional charging a selling point of their F-150 Lightning electric truck, reportedly slated to roll off the lines this year. GM produces the Chevy Volt and GMC Hummer EV and is preparing its 2023 launch of the Silverado EV.) No word yet on which EVs will take part. (GM

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2022 Rivian R1T: a real pickup truck makes an impressive debut

Charged EVs

With a starting price around $70,000, the R1T is roughly twice as expensive as the base models of any of those mid-size trucks. It’s worth nothing that that’s still a full ton lighter than the GMC Hummer EV , which comes in at a jaw-dropping 9,000-plus pounds.). Targeting luxury truck buyers. Can Rivian follow that trajectory?

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US President Biden pats GM CEO’s back: “You electrified the entire auto industry. You led.”

Teslarati

Factory Zero has gone through a $2 billion conversion, and it is expected to produce several all-electric cars, starting with the GMC Hummer EV, a hulking zero-emissions pickup truck which, ironically, would (mostly) not be included in the Biden administration’s planned EV tax credit program. You know how critical it is? You did, Mary.

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2025-2035: Rewriting The Automotive History

Get Electric Vehicle

A recent report from the Environmental Defense Fund indicates that electric vehicle sales volumes are growing at a rapid pace, signalling an epochal shift in the auto industry over the next decade. The Maverick, a compact hybrid truck, is likewise extremely reasonably priced ($19,995). But why now and not a decade back?