Electric Vehicles

The IONNA charging network announced a partnership with Circle K to deploy Rechargeries at more than 350 locations across the US. The deal starts with 85 existing sites, with the first ones operational by year's end and further expansion in 2027. IONNA will manage Circle K's current chargers, enhancing them with amenities for EV drivers.

April 13, 2026 Reported by AI

Electric pickup startup Slate Auto announced on Monday that it has raised $650 million in a Series C funding round. The investment will advance production of its Slate Truck, priced to start in the mid-$20,000s for sales beginning in late 2026. Preorders for the vehicle will open in June.

Volkswagen Group will withdraw its Skoda brand from mainland China by mid-2026 after years of falling sales. Deliveries dropped from 341,000 in 2018 to around 15,000 last year as domestic EV makers gained market share.

March 25, 2026 Reported by AI

Sony Honda Mobility, the joint venture between Sony and Honda, has discontinued its two electric vehicle models: the Afeela 1 sedan and Afeela 2 SUV. The decision follows Honda's reassessment of its electrification strategy on March 12, 2026, and comes amid slowing U.S. EV demand. The company will issue full refunds to U.S. customers who placed reservations.

Gasoline prices in the US have risen to $3.88 per gallon amid the war between the United States, Israel, and Iran, approaching a key threshold where electric vehicles become cheaper to own than gas cars. Analysts say prices above $4 per gallon shift the total cost of ownership in favor of EVs, prompting consumer interest. However, barriers like charging infrastructure and upfront costs may slow adoption.

March 18, 2026 Reported by AI

The Iran war has caused worldwide petrol price hikes, expected to accelerate global electric vehicle (EV) uptake. In China, more than half of new car sales were EVs in 2025, potentially saving US$28 billion a year in avoided oil import costs.