#Sav
Latest EV news tagged #Sav

Ford Says 2021 Mustang Mach-E Batteries Have Retained 92% of Usable Capacity After Five Years
Ford says the batteries in its 2021 Mustang Mach-E electric SUVs have retained an average of 92% of their usable capacity after more than five years on the road. The company based that result on battery state-of-health data, current as of August 2026, covering about 36,000 model-year 2021 Mach-E vehicles sold to retail and fleet customers in the United States and Canada.

Lucid Reduces Cash Consumption 30% in the Third Quarter of 2026 and Expands Its PIF Credit Line by $1.75 Billion
Lucid reported third-quarter revenue of $350 million and said it cut free cash flow consumption by 30% from the prior quarter, to $1.04 billion. Lucid also said its delayed-draw loan facility with the Public Investment Fund of Saudi Arabia was increased by $1.75 billion, taking pro forma liquidity to $3.75 billion.

Ford Pro Opens Sales of Electric Transit City Van in Argentina on November 9
The van uses a 56 kWh LFP battery rated for up to 381 km in the WLTP urban cycle and 254 km in the WLTP combined cycle, while pricing is being held back until the van’s public debut at the Fenatran show in São Paulo.

Volkswagen Reportedly Pauses Electric ID. Golf Development Amid Cost Pressures
Volkswagen has put development of its next-generation electric ID. Golf on hold for now, saying it needs to secure the investment before work can continue. The move adds fresh uncertainty to an EV that was first planned for 2028 and has already been pushed back to the end of the decade.

Rivian Expands 3D Printing Operations With More Than $5 Million in Equipment
Rivian is pushing 3D printing beyond development work, putting more than $5 million into printing equipment and opening the technology up to more of its employees. The EV maker says additive manufacturing is cutting costs and shortening the wait for tools and some vehicle parts, and it is adding an on-demand printing bay at its plant in Normal, Illinois.

GM to Launch OnStar AI Assistant in 2027 Cadillac Lyriq
General Motors will debut its new OnStar AI Assistant in the 2027 Cadillac Lyriq, turning the brand’s telematics platform into a proactive in-cabin digital concierge. Designed to replace the earlier Google-backed Gemini voice setup, the cloud-connected platform links live vehicle telemetry with the OnStar mobile app and GM Fleet.

Tesla Roadster Targets 10-Minute Charging With New High-Power Battery
Tesla says its next-generation Roadster will charge from 15% to 85% in about 10 minutes, using a high-voltage battery pack designed to prioritize power delivery and rapid charging. The electric supercar will use Tesla-developed 4680 cylindrical cells with a custom nickel-based lithium-ion chemistry, although the company has yet to disclose the pack’s capacity or confirm its peak charging rate. Tesla vice president of engineering Lars Moravy described the Roadster’s battery as the culmination of more than two decades of the company’s electric vehicle development.

2027 GMC Sierra EV Adds New Camera Features and Tesla NACS Charging Port
The electric pickup also gains a factory-installed North American Charging Standard (NACS) port, giving owners direct access to Tesla’s Supercharger network and other compatible charging stations.

Polestar 4 Discounts Drop EV’s Price Below the New Chevy Bolt
Buyers can save as much as $25,000 on select vehicles as the automaker clears inventory before sales end under new federal regulations.

Lucid Cuts 18% Of U.S. Workforce As COO Departs And Cost-Saving Efforts Intensify
The company expects the restructuring plan to generate roughly $158 million in annualized savings and confirmed that Chief Operating Officer Marc Winterhoff has departed effective immediately, with the COO position being eliminated.

GM Helps Businesses Switch to EVs with New Analysis Tool
The strategy centers on real-world usage data rather than broad projections, as GM looks to expand its presence in the commercial EV segment.

Rivian Starts R2 Production Ahead of Spring Deliveries
Customer deliveries are expected later this spring, as the company positions the R2 to compete directly with mainstream EVs and expand beyond its premium R1 lineup.

Polestar Targets Tesla Owners With $21,000 EV Discount Push
The Swedish EV maker targeted current Tesla owners with additional bonuses, making the latest round of discounts even more aggressive than last year.

Lucid Targets $500M Savings With 12% Headcount Reduction
The company said the move is aimed at improving operational efficiency following the launch of its Gravity SUV.

Volvo Recalls 40,000 EX30 SUVs Over Battery Fire Risk
The recall covers EX30 Single-Motor Extended Range and Twin-Motor Performance variants equipped with specific high-voltage cells.

Ford Model e EV Division Losses Could Hit $4.5B in 2026
Ford continues to target breakeven for Model e in 2029.

Ford Details Universal EV Platform for 2027 Pickup
The new truck will ride on Ford’s next-generation Universal EV Platform and feature the company’s first 48-volt low-voltage system, developed in-house following Ford’s 2023 acquisition of Auto Motive Power.

GM Says Silverado EV and Sierra EV Are Not Going Anywhere
While the U.S. EV pickup segment remains relatively small, GM executives and analysts point to the company’s shared platform strategy as a key reason its battery-powered trucks are staying put.

Buying an EV in Another City: Drive It Home or Have It Transported?
You’ve found the perfect electric vehicle, but there’s a catch: it’s in another city. Now you’re faced with a decision that many EV buyers encounter.

AI Is Changing the Used EV Marketplace: What Buyers Should Check Before Trusting a Listing
Artificial intelligence can make the search faster, more personalized, and less intimidating. It cannot replace documentation, inspection, or judgment.