This story was originally published on WardsAuto. To receive daily news and insights, subscribe to our free daily WardsAuto newsletter. A delay in negotiating improved import tariffs between the Japanese and U.S. governments hit Mazda’s financial results for the first half of full-year ending March 2026, booking an operating loss of 53.9 billion yen ($351 million) for the period, the automaker reported Nov. 7. However, the automaker said it will not be revising its full-year forecast with an expected 7.8 ...

Core Viewpoint - General Motors is laying off approximately 1,200 workers at its electric vehicle plant in Detroit and 550 at a battery facility in Ohio due to slower electric vehicle adoption [1] Group 1: Job Cuts - The layoffs will affect an EV plant in Detroit and a battery plant in Ohio [1]

Core Insights - Uber is launching a $4,000 incentive for drivers to switch to electric vehicles (EVs) as part of its goal to achieve a fully-electric fleet [1][3] - The incentive can be used for purchasing new or used EVs in states like New York, California, Colorado, and Massachusetts, and is expected to significantly reduce the cost of EVs for drivers [1][3] - Uber currently has 200,000 EV drivers globally and is rebranding its "Uber Green" service to "Uber Electric," reflecting its progress in electrifying its platform [3][4] Incentives and Support - The new $4,000 incentive, combined with state EV discounts, aims to alleviate the financial burden of purchasing EVs for drivers [3] - To celebrate the rebranding, Uber is offering a 20% discount on riders' next electric trip over the next week [4] - The company is committed to removing barriers to EV adoption and improving access to charging infrastructure in collaboration with cities [4] Future Goals - Uber aims to provide 100% electric-vehicle rides by 2030 in the US, Canada, and Europe, with a global target of only offering EV rides by 2040 [4][10] - The company had previously stated in 2020 that it would not pay drivers to turn in their gas-powered vehicles [5] Driver Considerations - Uber drivers, who are independent contractors, often face challenges in affording the higher upfront costs of electric vehicles compared to gas-powered or hybrid options, despite lower maintenance and fuel costs [6] - Uber is expanding its battery-aware matching feature to include more vehicle brands, helping drivers manage their trips based on battery levels [8][9]

Core Insights - Uber Technologies has updated its Uber Green service to exclusively offer fully electric vehicles, aiming to enhance its sustainability efforts [2] - The company has introduced new incentive programs for drivers to promote the adoption of electric vehicles (EVs) [2] Summary by Categories Company Initiatives - Uber Green is an initiative that allows riders to select rides in fully electric vehicles, reflecting the company's commitment to sustainability [2] - The introduction of new incentive programs for drivers is designed to accelerate the transition to electric vehicles within the Uber platform [2] Industry Trends - The move towards fully electric vehicles aligns with broader industry trends focusing on sustainability and reducing carbon emissions in the transportation sector [2]

Key Takeaways PG&E to report Q3 results on Oct. 23, with forecasts pointing to higher earnings and revenue growth.PG&E's EV, data center and building electrification trends are expected to boost energy load growth.Lower non-fuel O&M costs and reduced residential rates may have supported PG&E's quarterly performance.PG&E Corporation (PCG) is scheduled to report third-quarter 2025 results on Oct. 23, before market open. In the last reported quarter, the company posted a negative earnings surprise of 6.06%. Le ...

In 2017, the CEO of General Motors, Mary Barra, committed the automaker to zero emissions by 2030. “No more gas. No more diesel. No more carbon emissions,” she wrote at the time. Following the lead of Barra of GM, Ford announced in 2018 that it planned to nearly triple its investments in electric and hybrid vehicles by 2022, with plans for 40 new such models… But a series of challenges — cost concerns, sluggish adoption and the reversal in support in Washington — has left the U.S. auto industry with gre ...

Core Insights - The expiration of a $7,500 tax credit for electric vehicle (EV) buyers is expected to significantly impact U.S. EV sales, with executives predicting a sharp decline in sales [1][2][5] - Ford's CEO anticipates that EV sales may drop to 5% of total U.S. vehicle sales next month, which would be a substantial decrease from August's record levels [2] - Nissan's chairman warns of a potential collapse in the EV market in October due to increased competition and a surplus of unsold EVs [3] Industry Overview - The U.S. EV market has been lagging behind other major markets, with China achieving over 40% sales penetration for electrics and plug-in hybrids, while Europe is around 20% [6] - Despite the tax credit, EV sales growth in the U.S. had already slowed in the past two years, with only a 1.5% increase in the first half of the year compared to the previous year [7] Legislative Context - The $7,500 tax credit was initially approved in 2008 and extended by the 2022 Inflation Reduction Act, which also imposed eligibility criteria based on domestic production [4] - The expiration of the tax credit was set by a tax-cut and spending bill signed into law by former President Donald Trump, which may further hinder EV adoption [5]

Core Insights - The electric vehicle (EV) market is experiencing significant growth, with over 400 electric model trims available, catering to diverse lifestyles [2] - National Drive Electric Month events are designed to promote EV adoption through test drives and educational experiences [1][3] - Federal tax credits for new, used, and commercial EVs are available until September 30, incentivizing potential buyers to act quickly [2][3] Industry Events - National Drive Electric Month features events across the United States, including locations in Hawaii and Alaska, with participation from various sponsors [4] - Notable sponsors include Nissan, which is launching the 2026 Nissan LEAF®, and other organizations supporting EV adoption [4] - Events include educational talks, test drives, and opportunities to interact with current EV owners, enhancing community engagement [6] Organizational Background - Plug In America is a leading nonprofit organization focused on promoting the use of plug-in electric vehicles through education and advocacy [5] - The organization has been active since 2008 and runs various programs, including National Drive Electric Month, to inform consumers and dealerships about EVs [5]

Core Insights - The expiration of a $7,500 tax credit for electric vehicle (EV) buyers is expected to further slow the already sluggish adoption of EVs in the US [1][3] - EY forecasts that battery-powered cars will account for half of US auto sales by 2039, which is five years later than previously predicted [1] - EV sales growth is projected to be minimal this decade, reaching only 11% of the US market by 2029, up from 8.1% last year [1] Industry Impact - Policies under President Trump are anticipated to hinder the US's position in the global EV market, potentially turning it into a laggard [2] - The rollback of emissions and fuel economy regulations, along with the elimination of the consumer tax credit, is expected to make EVs less appealing to American consumers [3][4] - Automakers are shifting focus back to traditional gasoline vehicles, reducing investments in EV technology that were previously planned [4][5] Company Actions - General Motors has recently cut production at two EV factories due to slower customer demand [5] - Ford Motor Co. is significantly reducing its EV spending, despite plans for a new line of affordable EV models [5] - The combination of easing regulations, high costs, and infrastructure challenges is contributing to the decline in EV adoption in the US [5] Global Comparison - The delay in EV adoption in the US is expected to leave it years behind China and Europe, with EY predicting that battery-electric vehicles will surpass half the market in China by 2033 and exceed 70% by 2039 [6]

Core Insights - Blink Charging Co. has announced a strategic collaboration with dfYOUNG to provide streamlined corporate fleet management and at-home EV charger installations for salesforces across the nation [2][3]. Group 1: Collaboration Details - The partnership combines dfYOUNG's fleet operations expertise with Blink's EV charging solutions, offering a turnkey approach for organizations with electric vehicle salesforces [3]. - EV chargers will be installed at sales representatives' homes through a coordinated service between Blink and dfYOUNG, with pre-kitted and RFI-activated chargers shipped and installed directly by dfYOUNG [4]. - Customers will receive 24/7 customer service from Blink, while dfYOUNG will oversee fleet operations, including deliveries, job completion, safety, and compliance, along with real-time tracking of vehicle deliveries and pickups [4]. Group 2: Strategic Importance - This collaboration is part of Blink's ongoing efforts to enhance and simplify the EV adoption process, providing end-to-end support from procurement to post-installation fleet management [5]. - The initiative aims to elevate Blink's customer-centric capabilities and improve the integration process for businesses transitioning to electric vehicle fleets [5]. Group 3: Company Background - Blink Charging Co. is a global leader in EV charging equipment and services, facilitating the transition to electric transportation through innovative solutions [7]. - The company operates a proprietary, cloud-based network that manages and tracks EV charging stations and associated data, with strategic collaborations across various location types [7].