Search results for ID.4
Mobility
Honda, Tesla and Volkswagen join EV discontinuation rush in U.S.
Honda has officially confirmed it will end production of the Prologue, its last all-electric model sold in the United States. The move comes as the U.S. EV market faces slowing growth and policy changes, prompting major automakers to scale back EV lineups. Second-quarter U.S. EV sales totalled 247,226 vehicles, or 5.8 percent of new-vehicle sales, data showed. Other automakers have also halted or reduced EV models.
Mobility
Volkswagen sales chief says combustion cars are like horses and EVs are much better
Volkswagen has said the competitiveness of electric vehicles and persuading consumers matter more than Europe’s debate over combustion-engine regulations. Martin Sander, the company’s board member in charge of sales, marketing and aftersales, said consumers will ultimately accept that EVs are better than gasoline cars. He compared the shift to the transition from horses to cars, and said charging infrastructure, positive messaging and measures tied to energy prices are needed.
Industry
K battery makers see end of chasm tunnel, profitability within reach in Q2
South Korea\'s three major battery makers posted weak first-quarter results. LG Energy Solution and Samsung SDI swung to operating losses, and SK On is also expected to remain in the red. Brokerages see the first quarter as a cyclical trough and expect a shift to profitability from the second quarter as energy storage system sales ramp up and electric-vehicle demand recovers. Key variables include the pace of ESS revenue recognition and normalization of North American production.
