In EV, battery and charging news are Acura, Honda, VOlvo, Stellantis, Dodge, Ram, FIAT, Maserati and EVgo.
Strategic Retrenchment: Honda and Volvo Halt US EV Models
Market conditions in Q1 2026 have led to the formal discontinuation of the Honda Prologue and the Volvo EX30 for the United States market. Both automakers cited a volatile regulatory environment, the expiration of federal EV tax credits, and shifting trade policies as primary drivers for these rapid portfolio adjustments.
Honda Prologue Production Termination
Honda will conclude production of the Prologue in December 2026, marking the end of its short-term manufacturing partnership with General Motors. The midsize SUV, which utilized GM’s Ultium platform and BEV3 architecture, was originally positioned as a bridge to Honda’s in-house 0 Series battery electric vehicles. However, following the recent cancellation of the 0 Series Saloon and SUV projects, Honda has pivoted toward a hybrid-first strategy for North America. Sales of the Prologue experienced a 74% year-over-year decline in early 2026, leading to a multi-billion dollar write-down as the company refocuses resources on internal combustion and gasoline-electric powertrains.
Volvo EX30 U.S. Market Exit
Volvo Cars USA confirmed that the EX30 and its Cross Country variant will be withdrawn from the U.S. lineup following the 2026 model year. Despite strong initial demand for the subcompact SUV, its financial viability was undermined by a series of import tariffs. Although Volvo shifted production from China to Belgium to mitigate a 100% tariff on Chinese-built EVs, subsequent 25% blanket tariffs on European imports and the loss of the $7,500 federal tax credit resulted in retail price escalations from $35,000 to nearly $50,000 for top-tier trims. Volvo will continue to market the EX30 in Canada, Mexico, and Europe while prioritizing the U.S.-built EX90 and upcoming EX60 for the domestic market.
Stellantis Expands BEV Charging Access Via Tesla Supercharger Network
Stellantis has officially expanded fast-charging access for its North American battery-electric vehicle (BEV) customers, integrating more than 27,500 Tesla Supercharger locations into its ecosystem. Owners of Dodge, Jeep, Ram, FIAT, and Maserati BEVs can now utilize Tesla V3 and V4 Superchargers using a proprietary Free2move Charge NACS-CCS1 DC adapter. This hardware is available through Mopar and certified low-emission vehicle dealerships, though the upcoming 2027 Dodge Charger Daytona will be the first to feature a native NACS port.
The technical rollout is supported by the Free2move Charge app, which serves as the primary interface for site location, authentication, and payment across the Tesla network and other partners like IONNA. Compatible models include the 2024-2026 Dodge Charger Daytona, Jeep Wagoneer S, Ram ProMaster EV, and the Maserati Folgore lineup. Use of non-approved NACS adapters is restricted, ensuring system integrity across the DC fast-charging infrastructure.
EVgo Reports Record Q4 2025 Revenue and Achieves Adjusted EBITDA Breakeven
EVgo Inc. reported record financial results for the fourth quarter and full year ending December 31, 2025, surpassing analyst estimates for both revenue and earnings per share. Total Q4 revenue reached $118.5 million, a 75 percent year-over-year increase, driven by record charging network revenue of $64 million and a $25.9 million non-recurring ancillary contract closeout payment from a former autonomous vehicle partner. The company achieved a significant financial milestone by reaching adjusted EBITDA breakeven for the quarter and positive adjusted EBITDA of $12 million for the full year.
Operational metrics showed robust growth, with network throughput reaching 99 GWh in Q4, an 18 percent increase from the prior year. EVgo ended 2025 with 5,100 operational stalls after deploying a record 500 new stalls in the final quarter alone. Average daily throughput per stall rose 9 percent to 292 kWh, maintaining an industry-leading utilization rate of 24 percent. The company also expanded its North American Charging Standard (NACS) integration, deploying nearly 100 J3400-compatible connectors across 22 major metropolitan areas during a 2025 pilot phase.
For the full year 2026, EVgo issued revenue guidance between $410 million and $470 million, with adjusted EBITDA projected in the range of negative $20 million to positive $20 million. The company plans to accelerate infrastructure expansion by adding 1,400 to 1,650 new stalls in 2026, supported by a multi-year partnership with Kroger to install at least 150 stalls annually. Capital expenditures are forecasted between $100 million and $200 million as the firm targets more than 500 additional NACS connector installations to capture a larger share of the evolving EV market.
