automakers

Automakers are betting on a different kind of electric car. Meet the EREV.

The next popular EV might come with a gas engine.Several car brands, including Hyundai, Genesis, Ram, Jeep, Ford, and Volkswagen-backed Scout Motors, have announced plans to build extended-range electric vehicles, or EREVs, by the end of 2028.It’s a growing industry bet. After years of lower-than-expected EV adoption, and as gas…

EV prices are rising again as automakers pull back on discounts

For the first time in 2026, EV prices are rising.In July, the average transaction price for a new fully electric vehicle jumped to $56,126, per Kelley Blue Book. That’s a 1.6% increase compared to the same month in 2025, and a 1.2% rise compared to June.The increase breaks a monthslong…