Electric Vehicles
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We’ve all heard about the Strait of Hormuz, currently closed to most ship traffic as a result of a now six month long war of choice that seems to have no real strategy attached.
But that’s just one of many oil conflicts that are currently affecting oil availability… and electric cars have nothing to do with any of them.
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The average new EV got cheaper in August, even as the average transaction price (ATP) paid for a new vehicle in the US climbed back above $50,000.
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A tiny new sensor from Texas Instruments (TI) could help future EVs squeeze more range from their batteries while delivering smoother acceleration and less motor noise.
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Fuyao Glass, one of the world’s largest suppliers of automotive glass, has listed a new product for sale that it says can generate electricity from a car’s roof glass. But before you get too excited: this doesn’t mean solar-powered electric cars are right around the corner.
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After six straight months of year-over-year declines, the average transaction price (ATP) paid for a new EV in the US is rising again.
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If you’ve been waiting to buy an EV, the latest Kelley Blue Book June price data may give you another reason to wait a bit longer.
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Tesla is still the king, accounting for about 50% of the US EV market, but a handful of brands are finally gaining traction with new models now on sale.
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New EV prices continued to slide in May, even as sales climbed to their strongest level since the Trump administration killed federal EV tax credits last fall.
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Waymo’s retired EV batteries won’t be heading straight to recycling anymore. Instead, they’re going to help support the power grid in California and Texas.
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Global EV sales reached 1.6 million units in April 2026, bringing total sales for the year so far to 5.6 million, according to new data from Benchmark Mineral Intelligence.
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Europe’s EV sales just surged 51% last month, and oil is a big reason why.
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Mangrove Lithium has opened what it says is North America’s first commercial electrochemical lithium refinery, a 1,000-tonne-per-year plant in Delta, British Columbia, aimed at strengthening the continent’s EV battery supply chain.
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Global EV sales are still huge, but they’re not moving in the same direction everywhere: New data from Benchmark Mineral Intelligence shows 4 million electric vehicles were sold worldwide in Q1 2026, down 3% year over year.
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EV prices are still coming down in the US, and the gap with gas cars is now the smallest it’s ever been, according to new Kelley Blue Book data.
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Used EV sales are picking up serious momentum in the US – and now there’s hard data to back it up.
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Stellantis is in early talks to assemble electric vehicles from its Chinese partner Leapmotor at the idled Brampton, Ontario plant, according to Bloomberg — a factory that was supposed to be retooled for Jeep production with over $500 million in Canadian government subsidies.
The proposal has already drawn fierce opposition from Ontario Premier Doug Ford and the Unifor union, which represents about 3,000 laid-off workers at the plant.
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The US electric vehicle market has split into two diverging realities. New EV sales cratered 28% year-over-year in Q1 2026 to just 212,600 units, according to new data from Cox Automotive — but used EV sales surged 12% to 93,500 units, with prices now within $1,300 of equivalent gas cars.
The data, presented in Cox Automotive’s Q1 2026 Industry Insights call on March 25, reveals the clearest picture yet of how the federal tax credit’s expiration is reshaping the EV market — and creating what may be the best buying opportunity in the history of electric vehicles.
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France’s Finance Minister confirmed that between 30% and 40% of Gulf refining capacity has been damaged or destroyed by Iran’s retaliatory strikes, leaving a shortage of 11 million barrels per day on global oil markets. The destruction is now pushing consumers toward electric vehicles at a pace not seen since the 2022 gas crisis.
With gas prices approaching $4 per gallon nationally and already past $5 in California, data from multiple sources shows EV interest surging across the board — from Google searches to dealership inquiries.
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A growing number of states and federal lawmakers are pushing flat annual fees of $200 to $250 on electric vehicles, amounts that charge EV owners two to three times more than what the average gas car driver pays in federal fuel tax. The proposals are being framed as a way to fund road infrastructure, but the math doesn’t add up.
At a time when EVs represent roughly 10% of new car sales in the US and deliver billions in health, environmental, and energy security benefits, these blanket fees are a punitive approach that discourages adoption rather than fairly distributing road costs.
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EVs are starting to chip away at one of the global economy’s biggest vulnerabilities: oil.
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Global EV sales hit 1.1 million units in February 2026, according to new data from Benchmark Mineral Intelligence. But the global market is now splitting sharply by region.
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EV prices edged down in February, while gas-powered car prices crept up, narrowing the gap between the two, according to new estimates from Kelley Blue Book.
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With the news of the US and Israel’s actions in Iran in the last ten days, which caused oil prices to surge by +50%, we are reminded again of how reducing oil demand can lead to less conflict and more energy independence – and electric vehicles are every country’s best bet for getting there.
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Global lithium demand could top 13 million tonnes by 2050 if the world moves fast on clean energy, according to Wood Mackenzie’s latest Energy Transition Outlook for Lithium. The warning is blunt: Without major new investment, lithium shortages could start as early as 2028.
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