The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.

A $400 billion green bank for clean energy projects and a popular consumer tax credit for electric vehicles are among items being targeted for review under a government-wide spending freeze ordered by the Trump administration.

Japan's Honda Motor plans to launch a small electric vehicle priced below $30,000 in North America by as early as 2026, the Nikkei newspaper said on Tuesday, as it plays catch-up in the battery-powered car market.

It's not easy to profit off EVs, but GM just took a big step in the right direction.

Global sales of fully electric and plug-in hybrid vehicles will rise by at least 17% this year to over 20 million cars, helped by an extension of China's auto trade-in subsidies, research firm Rho Motion forecast on Tuesday.

The restyled 2025 iX has become the first battery-electric BMW to eke out more than 400 miles of EV range, with the German automaker claiming 435 miles.

According to Nikkei, Honda plans to launch a smaller EV priced under $30,000 in the US as early as 2026. It will be made locally, starting with the batteries, to cut costs. The new EV is expected to be the entry-level model for its upcoming Honda 0 Series. It will be a cornerstone for Honda’s global expansion.

GM CEO Mary Barra said the company will follow consumer demand when it comes to EV vs. internal combustion engine production.

The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.

A Canadian auto parts maker will earmark nearly C$1 billion ($695 million) in a series of electric vehicle technology programs at plants in Ontario as the country’s automotive sector faces the threat of US tariffs.

Jeep provided a night in a hotel so Ars could attend the Wagoneer S first drive. Ars does not accept paid editorial content.