Trump’s “Big Beautiful Bill” Overhauls EV Incentives and ZEV Credits: Impacts for Owners and Industry
President Trump’s “Big Beautiful Bill,” slated for signing in the coming days, delivers a seismic shift to electric vehicle (EV) incentives, Zero-Emission Vehicle (ZEV) credit systems, and clean energy policies. This legislation, detailed by EV industry analyst Sawyer Merritt, reshapes…
Xiaomi’s Bold Plan to Take Its Electric SUVs Global by 2027 Challenges Tesla
Xiaomi, the Chinese tech giant known for smartphones, is accelerating its electric vehicle (EV) ambitions with plans to sell its YU7 SUV globally by 2027, posing a direct threat to Tesla’s Model Y. The company’s automotive division secured 200,000 orders…
BMW EV Sales Plummet 21.2% in Q2 2025 as North American Demand Shifts
BMW’s electric vehicle (EV) sales in North America took a significant hit in Q2 2025, dropping 21.2% compared to the same period in 2024, despite a modest 1.6% overall sales increase for the brand in the first half of the…
VinFast Secures $510 Million Loan to Boost Electric Vehicle Expansion
VinFast Auto Ltd., a Vietnamese electric vehicle (EV) manufacturer, has secured a $510 million private credit loan from Deutsche Bank AG and SeaTown Holdings International to fuel its ambitious global expansion, reports Bloomberg. This financial boost, announced on July 4,…
Tesla Celebrates Fourth of July with Patriotic Drone Display and Veteran Support
On July 4, 2025, Tesla North America showcased its commitment to American innovation with a stunning aerial display of electric vehicles (EVs) arranged to form the U.S. flag, captured via drone footage. The image, shared on X by Tesla North…
Tesla Sales Rebound in UK with 3.7% June Growth Amid EV Market Surge
In June 2025, Tesla’s UK sales climbed 3.7% to 7,700 vehicles, a modest recovery after a sluggish first half, according to data from the Society of Motor Manufacturers and Traders (SMMT). This uptick follows a 1.3% year-to-date decline, with 22,700…
China’s EV Overcapacity Challenges Thailand’s Electric Vehicle Production Goals
Thailand’s ambitious plan to become a regional hub for electric vehicle (EV) production is under strain as China’s hyper-competitive EV market spills over, threatening smaller brands and local goals, reports Reuters. With Chinese EV makers dominating over 70% of Thailand’s…
Stellantis Launches $20,000 Hybrid Fiat 500 to Boost Italian Production
Stellantis is set to launch a new hybrid Fiat 500 in November 2025, priced at $20,000 (17,000 euros), aiming to revitalize its struggling Italian manufacturing, according to Fiat’s CEO Olivier Francois. The move comes as the automaker grapples with a…
Tesla’s UK Sales Surge 12% in June with Updated Model Y, Signals EV Market Strength
In June 2025, Tesla’s new car sales in the United Kingdom climbed 12% compared to the previous year, driven by the launch of its refreshed Model Y, according to New AutoMotive data, reported by Reuters. This growth highlights a robust…
Slate Auto Drops ‘Under $20,000’ EV Pickup Pricing as Federal Tax Credit Ends
Slate Auto, a Jeff Bezos-backed electric vehicle startup, has removed claims that its upcoming all-electric pickup truck will start “under $20,000” after Congress passed President Trump’s tax cut bill, according to Slate Auto’s updated website. The legislation, set to be…
U.S. Electric Vehicle Tax Credits Set to Expire September 30, Impacting EV Sales
On July 3, 2025, Congress passed legislation that will terminate the $7,500 federal tax credit for new electric vehicle (EV) purchases or leases and the $4,000 credit for used EVs, effective September 30. This decision, reported by Reuters, marks a…
Xiaomi Eyes Global EV Expansion in 2027, Focuses on Robust China Demand
China’s Xiaomi, a smartphone giant turned electric vehicle (EV) manufacturer, will prioritize its booming domestic market until 2027, when it plans to explore international car sales, CEO Lei Jun announced during a livestream on Wednesday. With its SU7 sedan and…
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