LG Energy Solution’s Q2 2025 Profit Surges 152% on EV Battery Demand
South Korea’s LG Energy Solution (LGES), a leading supplier of electric vehicle (EV) batteries for giants like Tesla and General Motors, reported a remarkable 152% increase in its second-quarter operating profit for 2025, reaching 492 billion won ($360.94 million), according…
EV Sales Surge as $7,500 U.S. Tax Credit Nears September 30 Deadline
Electric vehicle (EV) sales are poised for a significant boost as automakers and dealers urge buyers to act before a $7,500 federal tax credit expires on September 30, 2025. With Congress set to eliminate the subsidy through recent tax and…
BYD’s New Brazil Factory to Boost Electric Vehicle Production by July 2025
Chinese electric vehicle giant BYD is set to launch its first assembly plant in Brazil this month, a strategic move to localize production and counter rising import tariffs in its largest foreign market. According to Reuters, the Bahia facility will…
Honda Scraps Large Electric SUV Plans Amid Slumping U.S. EV Demand
Honda Motor has canceled its development of a large electric SUV targeted for a 2027 release, citing declining electric vehicle (EV) demand in the United States, according to a Nikkei Asia report. This decision reflects broader industry shifts as automakers…
EU’s 2035 Zero-Emission Car Target Could Save 1 Million Jobs, Boost EV Industry
A new study reveals that upholding the European Union’s 2035 zero-emission car target could safeguard 1 million auto industry jobs and drive significant growth in electric vehicle (EV) production. Published by Transport & Environment (T&E), the report underscores the critical…
Tesla Model Y Driver Escapes with Minor Injuries in Devastating Guardrail Crash
A Tesla Model Y driver walked away with only minor injuries despite a catastrophic crash on Interstate 5 near Los Banos, California, early this morning, leaving the vehicle completely destroyed. Reported by the California Highway Patrol (CHP) Los Banos on…
Tesla’s Solar-Powered Supercharger Oasis Redefines EV Charging in California
Tesla unveiled the first phase of its groundbreaking “Oasis” Supercharger station in Lost Hills, California, a fully off-grid, solar-powered facility along the busy I-5 corridor between San Francisco and Los Angeles. This megasite, equipped with 84 operational V4 Supercharger stalls…
Tesla Stock Plunges 7% as Musk’s Political Party Sparks Brand Concerns
Shares of Tesla, a leading electric vehicle (EV) manufacturer, are set to drop sharply after CEO Elon Musk announced the formation of a new political party, the “America Party,” raising fears among investors that his political ventures could harm the…
Tesla’s EV Credit Windfall in Canada Sparks Industry Debate
Tesla’s dominance in electric vehicle (EV) production is poised to yield significant profits from Canada’s new zero-emission vehicle (ZEV) mandates, fueling tensions with traditional automakers. According to a recent analysis, Tesla earned $2.8 billion globally in 2024 from selling compliance…
Volkswagen’s ID.Buzz Robotaxi to Hit U.S. Roads with Uber in 2026
Volkswagen is set to bring its self-driving ID.Buzz electric minivan to the U.S. in 2026, partnering with Uber to launch a robotaxi service in Los Angeles. This move positions the German automaker as a key player in the autonomous electric…
Rivian’s Tank Turn Returns with Quad-Motor Power for R1S and R1T
Rivian’s iconic Tank Turn, a feature that lets its electric vehicles spin 360 degrees in place, is back after a six-year hiatus, debuting on the second-generation R1S SUV and R1T pickup. A teaser video posted by Rivian shows the Quad-Motor…
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…
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