Battery-electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs) have turned out to have more problems than internal combustion engines (ICE), according to a new study by data analysis and advisory firm J.D. Power. While ICE vehicles averaged 175 problems per 100 vehicles (PP100), this jumped to 239 among PHEVs and 240 among BEVs, a June…

Americans are less likely to buy an electric vehicle (EV) compared to people from other nations, according to the latest EY Mobility Consumer Index from EY Global, which also showed that a high proportion of survey respondents who were likely to buy an EV would be willing to pay a premium for it. Among the…

Electric vehicle battery prices are increasing as the cost of raw materials, especially lithium, is rebounding after a decade of price reductions following a radical growth in the electrification of vehicles by major manufacturers and subsequent hike in demand. The biggest battery manufacturer in the world is China, where the benchmark price of lithium carbonate…

General Motors (GM) plans on going beyond manufacturing a fleet of electric cars, according to an announcement Wednesday regarding electrification component sets, which are capable of converting most old gasoline-powered automobiles into new-age electric vehicles (EV). The technology will be used for EV conversion projects and GM expects to target a group of diverse commercial…

While Tesla Inc stock continues roaring higher, the company continues to push the limits of electric vehicle technology. After a 100,000-vehicle order from Hertz, Tesla is more demand constrained than ever, ramping up production to meet the insane demand for its vehicles. To build more vehicles, Tesla needs more batteries. And to make more, it…