Consumer electronics giant Apple kills its battery-electric car program and Chinese BEV juggernaut BYD says it will not enter the U.S. market anytime soon.
General Motors’ Cadillac brand is introducing its Lyriq battery-electric vehicle in Europe without dealers, having sold off its European operation to Stellantis.
Chinese electric-vehicle-maker BYD Auto introduces a new supercar and a people-mover van at the Geneva auto show, amidst allegations the company is “dumping” EVs.
With Shell Hydrogen shutting down some hydrogen stations in California permanently, would-be hydrogen car buyers are declining, moving Toyota to issue $40,000 discounts on its ’23 Mirai hydrogen vehicles.
Stellantis is launching the small, limited-range battery-electric-vehicle in March, and dealers are anxious to get them despite a slowdown in BEV demand.
Chinese battery-electric-vehicle maker BYD is entering South America with its least-expensive BEV, and continues to pursue a manufacturing site in Mexico as a staging ground for the U.S. market.
Ford CEO Jim Farley admits that he and his team misread consumer demand for battery-electric vehicles and will shift to smaller BEVs priced comparably to hybrids.