The Honda-General Motors EV saga may be ending sooner than expected. Honda’s CEO, Toshihiro Mibe, said the automaker is scrapping plans to build affordable EVs with GM because of the “changing business environment.” “After studying this for a year, we decided that this would be difficult as a business, so at the moment we are […]

After consistent updates pertaining to its growing lineup of team owners, but with multiple delays to the start to its inaugural season, the UIM E1 World Championship has set a date for its first official racing event. We are now 100 days out from the first-ever electric boat racing series, although the rest of the […]

Nissan Sakura mini EV (Source: Nissan) The Sakura, an unassuming microcar from Nissan and Mitsubishi which launched last year, has become the top-selling EV in Japan, beating out global rival Tesla. In a country that has been dragging its heels in going electric, this neat little car meets an obvious need that connects to consumers: […]

The SONDORS Metacycle electric motorcycle, once the darling of the burgeoning commuter e-motorcycle market, has suffered repeated setbacks since its original launch. Deliveries slowed to a trickle earlier this year and by many accounts appear to have since ceased. Reservation holders, some who have been waiting for years, have been left in the dark. Speculation […]

Lexus plans to launch a next-generation EV with super-low drag, high range, and a gigacast vehicle structure, in the most significant electric vehicle announcement to come out of this year’s Japan Mobility Show. While the LF-ZC may still be a concept, it’s one that the luxury mark owned by Toyota is committing to, with production […]

Stellantis announced it has signed a memorandum of understanding (MOU) with hydrometallurgical metal recovery expert Orano, to establish a joint venture focused on recycling end-of-life EV batteries and production waste materials from its plants around the world. Stellantis remains a globally recognized automotive conglomerate with several marques under its umbrella that are now transitioning into […]

Prices at a Chevron Corp. gas station in Fontana, California, on Thursday, July 8, 2021. Kyle Grillot | Bloomberg | Getty Images On Monday, Chevron announced plans to acquire oil and gas company Hess for $53 billion in stock. Less than two weeks prior, Exxon Mobil announced it is acquiring oil company Pioneer Natural Resources […]

U.S. President Joe Biden’s administration is likely to tighten crude oil sanctions against OPEC member Iran in response to the Islamic Republic’s backing of Palestinian militant group Hamas, according to Helima Croft, head of global commodity strategy at RBC Capital Markets. Her comments come ahead of a widely expected ground offensive by Israel into Gaza, […]