Volkswagen Shareholders Demand Governance Overhaul Amid EV Transition Struggles
Volkswagen’s shareholders intensified their push for corporate governance reform at the company’s virtual annual general meeting on May 16, 2025, citing conflicts of interest and a lack of board expertise as barriers to the automaker’s success in the electric vehicle…
Elon Musk’s Tesla Sets 3% Standard to Prevent Derivative Lawsuits
On May 16th, Tesla sent a filing to the U.S Securities and Exchange Commission updating Tesla corporate bylaws, stating that no shareholder who has ownership under 3% is allowed to sue the company, any directors, or executives for breach of…
Tesla Cybertruck Trade-In Values Spark Debate Among EV Owners
Tesla’s trade-in program for the 2024 Cybertruck All-Wheel Drive has ignited discussions among electric vehicle (EV) enthusiasts, with a recent estimate of $65,400 for a vehicle with just 6,211 miles prompting varied reactions. A thread on the Cybertruck Owners Club…
Tesla Faces Crisis as 10,000 Cybertrucks Remain Unsold, Sales Plummet Globally
Tesla, once a leader in the electric vehicle (EV) industry, is grappling with a severe challenge as over 10,000 Cybertrucks sit unsold across the U.S., costing the company an estimated $800 million. According to a recent Forbes report, this inventory…
Tesla Sales Drop in California Threatens State’s EV Goals, Experts Warn
In a surprising turn for California’s electric vehicle (EV) market, Tesla sales plummeted 21% in the first quarter of 2025 compared to the same period in 2024, while other EV brands saw a 14% rise, according to the California Energy…
Chinese EVs Now Nearly as Affordable as Gas Cars, IEA Report Reveals
A new report from the International Energy Agency (IEA) highlights a seismic shift in the electric vehicle (EV) landscape: Chinese EVs are closing the price gap with traditional gasoline cars, offering a compelling option for buyers. Published on May 16,…
Tesla Cybertruck FSD Price to Rise After June 15: Take Delivery Now and Save $1,000
Tesla is urging Cybertruck reservation holders to act fast, as the price for its Full Self-Driving (FSD) Supervised feature is set to increase after June 15, 2025. In a recent email to early reservation holders, Tesla announced that those who…
Jeep Unveils 2025 Grand Cherokee 4xe Lease Deal for EV Enthusiasts
Jeep has rolled out an enticing lease offer for the 2025 Grand Cherokee 4xe, blending luxury, off-road capability, and electric efficiency into an affordable package for EV enthusiasts. This plug-in hybrid SUV promises a low monthly payment of $399 for…
Audi Q8 e-tron Discontinued in 2025, Successor Planned for EV Enthusiasts
Audi has officially confirmed the discontinuation of its Q8 e-tron SUV following the closure of its Brussels factory in February 2025, marking the end of a seven-year run for the electric vehicle (EV) that kickstarted the brand’s modern electric era.…
Electric Cars Can Earn Money While You Sleep with ChargeScape’s Smart Charging
Electric vehicle (EV) owners may soon turn their cars into income sources while they rest, thanks to a new initiative by ChargeScape. This joint venture, backed by BMW, Ford, Honda, and Nissan, is revolutionizing how EVs interact with the power…
Global Electric Car Fleet Hits 58 Million in 2024, Led by China’s Surge
In 2024, the global electric car fleet soared to nearly 58 million vehicles, tripling from 2021 and comprising 4% of the world’s passenger cars, displacing over 1 million barrels of oil daily, according to the International Energy Agency (IEA). China’s…
BMW’s Cautious EV Strategy Pays Off as Rivals Rethink All-Electric Plans
BMW’s measured approach to electric vehicles (EVs) is proving successful as competitors dial back aggressive EV targets, the company’s CEO announced. Oliver Zipse, speaking to shareholders on Wednesday, credited BMW’s multi-drivetrain strategy—blending EVs, hybrids, and combustion engines—for its edge in…
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