electric vehicle market

Toyota is planning an electric version of the Corolla, its best-selling car of all time. The move would put one of the world's most recognizable nameplates into the EV market, a notable shift for a company that has long favored hybrids over fully electric vehicles. Commenters are debating whether Toyota is late to the EV race or whether its scale and brand loyalty could make an electric Corolla a serious contender.

Two of China's electric vehicle manufacturers have announced a deal, a sign that the country's crowded EV sector is beginning to consolidate. The New York Times reports the agreement comes as intensifying competition, price wars and overcapacity push China's auto industry toward mergers and consolidation.

New figures on plug-in electric vehicle adoption — counting battery-electric cars alongside plug-in hybrids and extended-range models — show the share of new passenger-car sales and registrations in different countries as of around August 2026. Norway is again approaching 100%, but the point being made is that a range of other countries across continents, income levels and grid types are also climbing the list.

Second-quarter US sales figures show electric vehicle market share increasing in 47 states, while sales of internal combustion engine vehicles declined. The data points to a broad-based shift toward electric cars rather than growth confined to a few coastal markets. Industry watchers are weighing what the trend means for dealers, charging infrastructure and automakers' production plans for the rest of the year.

Two Chinese electric vehicle makers, Geely and Nio, have announced a deal, according to a New York Times report. The agreement is being read as a sign that China's crowded EV market, marked by intense price competition and thin margins, is entering a phase of consolidation, with weaker automakers expected to merge or be absorbed by larger rivals.

Reuters has published a newsletter asking whether luxury electric cars can find buyers, examining demand for high-end electric vehicles from premium brands. The question comes as automakers ramp up luxury EV line-ups while sales in some markets have proven slower than expected, with affluent buyers remaining cautious about price, range and resale value despite growing overall EV adoption.

Reports say the European Union is pressing the United Kingdom to introduce higher tariffs on Chinese-built electric vehicles. The request touches on post-Brexit trade friction, as the UK sets its own trade policy and has so far not matched the EU's duties on Chinese cars. Commenters are debating whether the UK will align with Brussels or keep its market open to cheaper Chinese imports.

Chinese electric vehicle maker Leapmotor has passed 1,000 retail locations across Europe, marking a rapid expansion of its dealer network on the continent. The milestone underlines the company's push to scale up sales of affordable electric cars in Europe, backed by its partnership with Stellantis, and signals growing competition for established European and Asian EV brands.

Volkswagen has announced price cuts of up to $12,500 on its electric vehicles, a move aimed at making its EV lineup significantly more affordable for buyers. The steep discounts, reported by USA Today, underline the intensifying price competition in the electric car market as automakers fight for sales volume amid slowing demand growth.

Donald Trump is publicly championing an electric vehicle despite having long criticized electric cars and pushed to roll back EV-friendly policies. The about-face is drawing attention because it clashes with his administration's stance on the auto industry and emissions rules, prompting speculation about his motives and what it means for the electric vehicle market.

Volkswagen is preparing to add an electric Tiguan, the ID.Tiguan, to its growing line-up of ID-branded electric vehicles. The move would bring one of the brand's best-selling nameplates into the EV era, broadening consumer choice in the competitive electric SUV market as Volkswagen pushes its transition away from combustion engines.

Swedish truckmaker Scania will supply its Core 800 battery packs to Prinoth, the German manufacturer of snow groomers, for use in electric versions of its slope-preparation vehicles. The deal extends Scania's battery business beyond trucks into specialist off-road machinery, while Prinoth gains proven automotive-grade cells as it electrifies equipment used at ski resorts.

Chinese electric vehicle maker BYD plans to launch its first car powered by a solid-state battery in 2027. Solid-state batteries promise greater energy density, faster charging and improved safety over today's lithium-ion cells, and automakers worldwide are racing to bring them to market. BYD's timetable puts it among the frontrunners in the next generation of EV battery technology.