Rivian Unveils Stunning Maximus Drive Unit for R2 Electric SUV
On May 6, 2025, Rivian’s RJ Scaringe shared an exciting glimpse of the new Maximus drive unit for the upcoming Rivian R2 electric SUV, sparking buzz among EV enthusiasts. Posted on X, Scaringe’s reveal showcases the sleek, high-performance component, signaling…
Tesla’s UK Sales Plummet to Two-Year Low in April Amid Rising EV Competition
Tesla’s new car sales in the UK dropped by a staggering 62% in April 2025, hitting their lowest point in over two years, according to data released by research group New AutoMotive. This decline comes as the electric vehicle (EV)…
Tesla Cybertruck Inventory Surges to 10,000 Units, Signaling Deepening Crisis for EV Giant
In a stunning development, Tesla’s Cybertruck inventory has ballooned to over 10,000 units in the U.S., a record high that underscores a troubling crisis for the electric vehicle (EV) titan. According to Tesla-Info.com, this surge—up from just 2,400 units in…
Onsemi Forecasts Strong Q2 Revenue Growth Amid Rising EV Chip Demand
On May 5, 2025, Onsemi announced a promising second-quarter revenue forecast, surpassing Wall Street expectations, driven by robust demand for its silicon carbide chips in electric vehicles (EVs). Despite economic uncertainties and looming U.S. tariffs, the chipmaker’s outlook signals a…
CATL’s Hong Kong Listing Signals a Power Surge for EV Battery Giants
Chinese battery titan Contemporary Amperex Technology (CATL) has filed for a secondary listing on the Hong Kong Exchange, aiming to fuel its global expansion in the booming electric vehicle (EV) market. According to a Wall Street Journal report, analysts predict…
Slate Auto’s $25,000 Electric Truck Targets EV Affordability Crisis
In a bold move to tackle the soaring costs of electric vehicles, Slate Auto, a Michigan-based startup backed by Jeff Bezos, is set to launch the Slate Truck—a $25,000 electric pickup aimed at making EVs accessible to everyday Americans. CEO…
Ford’s Q1 Profit Plummets 64% as EV Struggles and Tariffs Hit Hard
Ford Motor Company’s first-quarter profit nosedived 64%, dropping to $471 million from $1.3 billion a year earlier, as its electric vehicle (EV) division faltered and tariff-related costs loomed large, according to a Wall Street Journal report. The automaker also withdrew…
Tesla Doubles Down on Vision-Only FSD in China, Faces Beijing’s Regulatory Test
Tesla is intensifying its long-standing vision-only approach to autonomous driving in China, reportedly announcing plans to roll out its camera-based Full Self-Driving (FSD) system for mainland-assembled vehicles—pending Beijing’s approval. In a Weibo post on May 4, 2025, the U.S. electric…
How Tough Is It to Install an EV Charger at Home? A Step-by-Step Guide for EV Owners
Installing an electric vehicle (EV) charger at home can feel like a daunting task, but it doesn’t have to be. According to a detailed guide by The Wirecutter at The New York Times, the process is straightforward for most homeowners,…
Trump’s Tariffs Slam Ford with $1.5 Billion Hit, Threatening EV Dreams
Ford has pulled its annual guidance, bracing for a staggering $1.5 billion blow from U.S. President Donald Trump’s tariffs, the automaker announced on Monday, May 5, 2025. As reported by Reuters, this move comes amid uncertainty over the levies, which…
Rivian’s $120M Supplier Park in Illinois Signals EV Production Boom by 2026
In a bold move to supercharge its electric vehicle (EV) production, Rivian is investing $120 million to build a supplier park near its Normal, Illinois plant, a project that promises to streamline operations, create jobs, and solidify the state’s role…
Rivian’s Q1 2025 Earnings: Can Cost Cuts and R2 Hype Charge EV Enthusiasts?
On May 6, 2025, Rivian Automotive will unveil its first-quarter financial results, a pivotal moment for electric vehicle (EV) fans and investors eager to see if the company can navigate a stormy market while keeping its adventurous spirit alive. With…
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