GM drivers can access Tesla chargers, Norway races ahead in EV sales, and VW struggles with recalls, highlighting both rapid progress and significant challenges in the global EV shift.

Higher borrowing costs cause auto sales growth to slow and electric vehicle adoption to remain limited.

The number of US connected car drivers will reach about 175 million in 2027, and the systems they use will become more sophisticated as electric vehicles and embedded car operating systems become more common.

The EV industry could stagnate—or even decline—under Trump. A Trump administration would likely try to get Congress to eliminate those tax credits for EV purchases, which could have a significant impact on adoption given that EVs are, for the time being, more expensive than gas cars. That could cause car manufacturers to rethink their EV investments.

While gas- and diesel-fueled vehicles, which account for 86% of the automaker's sales, fell 2.8% YoY, the company’s hybrid sales rose 38% YoY, EV sales grew 12% YoY, and luxury brand Lincoln’s sales jumped 26% YoY. Hyundai’s sales rose 5.2% as the automaker set a new record for Q3 retail sales.

Tesla, the electric vehicle maker, had a 9% drop in brand value. Its Q3 earnings on Wednesday exceeded expectations on a per share basis, but revenue missed slightly at $25.18 billion. Kia, Hyundai, and Toyota achieved double-digit gains in the Interbrands ranking; Ferrari also recorded a significant boost in brand value.

Amazon also teased an electric vehicle-charging discount in partnership with bp’s pulse network, which it plans to roll out next year. The strategy: Adding a fuel discount, which mirrors a benefit offered by Walmart+, expands the everyday utility of Prime membership, Jamil Ghani, vice president of Amazon Prime, tells EMARKETER. “Fuel savings are relevant to everyone,” he said.

More models: Tesla didn’t add any information about its next-gen affordable EV, known as the Model 2, which is expected to cost $25,000. Its latest Model S starts at about $68,000. The company also showed off a prototype for the Robovan, an autonomous vehicle that could carry up to 20 people. Holding back any Model 2 announcements could have been an effort to avoid losing sales on current EVs.

It could especially impact EV makers with ties to China, like Tesla, which are already seeing sales growth plateau. We expect the number of US connected car drivers will increase by 15% in 2027, from 151.4 million in 2023 to 174.8 million in 2027, per our forecast.

The German auto industry faces economic challenges and competition from Chinese electric vehicles (EVs). But German brands are increasing their local ad spend to attract domestic buyers. Travel, retail, and CPG are seeing the fastest growth in digital ad spending. Travel is continuing to recover, with double-digit growth.

Autonomous vehicles may not be a winner-takes-all market, according to Khosrowshahi, and Uber could try to become a competitor with Tesla if the EV company isn’t open to collaboration. License to drive: Several companies have bailed on their own self-driving car plans in the last few years, including Apple, Ford, and Volkswagen.

The news: After canceling its EV project and dealing with poor Vision Pro sales, Apple is reportedly shifting its attention to its smart home portfolio as another potential area to showcase Apple Intelligence, per Bloomberg. The smart home push will likely take place in 2025 and rely on an AI-enabled Siri voice assistant to serve as the lynchpin for new products and services.

Tesco is also launching digital ads on electric vehicle (EV) charging bays. As part of a new partnership with Vauxhall, 2,700 EV charging units across 619 Tesco stores nationwide will display ads for the car manufacturer on integrated digital screens. The tie-up will also see Tesco Media & Insight promote Vauxhall products through the supermarket’s social, digital, and connected TV channels.

Let's use EV for example. I am all for reducing those emissions from cars, having cleaner air to breathe. We'll take the US for example, if you don't have that charging infrastructure, people may want to buy an EV and they may want to go on contribute to a better society.

Road clears for new EVs: Automakers catch a break with federal support and increased EV production. Vietnam’s VinFast could shake-up the industry and put eyes on Southeast Asia’s minerals.

Electric vehicle (EV) manufacturers, along with used-car marketplaces like Carvana, Facebook Marketplace, and Autotrader are the big players in this space—and it will take Amazon more than just its partnership with Hyundai to compete. But if the deal, which is slated to bring vehicle sales to Amazon in 2024, proves successful, they are likely to expand aggressively.

On today's podcast episode, we discuss what to expect in 2024, whether Google's new AI search tool will destroy traffic, a new self-checkout machine, loyalty in the age of the "zero consumer," if everyone will soon be creating digital clones of themselves, roads that can wirelessly charge electric vehicles, and more. Tune in to the discussion with our vice president of content Suzy Davidkhanian, analyst Blake Droesch, and vice president of Briefings Stephanie Taglianetti.

Tensions with China flare faster than the US can build its production base: Ford’s CATL partnership for EV batteries illustrates that US dependence on China’s manufacturing won’t be easily overcome.

Shared electric vehicle company Lime builds brand awareness by demonstrating the value of car alternatives in cities. Hear from Lime’s Carolyn Rosebrough, global head of communications and brand, to learn how its localized marketing approach encourages a greener way to get around.

Evs, by state, this is the second fact, guess which state has the most? Suzy Davidkhanian:. California. Marcus Johnson:. It does. 3000 per every 100,000 people. Second place, Washington. Third place, Hawaii, around half that number, so a lot less. Huge reason for this is that California has the highest number of EV charging stations, counting for nearly 30% of all charging stations in America.

EVs gaining ground: Despite a more cautious Q2 for many industries, electric vehicles are one segment seeing momentum beyond just the segment leaders. Here is a roundup of the latest EV developments.

Walmart finds its EV Canoo: The retailer’s fleet of 4,500 EVs could grow into 10,000 as the company looks to achieve zero emissions. Retail and logistics companies could lead the transition to EV deliveries.

Another EV charging problem: As ACs blast during a Texas heatwave, EV charging could lead to blackouts—but it doesn’t have to. Bidirectional charging can make EVs a lifeline, not a burden.

EV segment expanding to SUVs, trucks, delivery vehicles: Various plans are in the works to develop efficient EV service vehicles. Tesla wants to know where you’d like superchargers, and Jeep is all in on all-electric vehicles.