Morgan Stanley Downgrades Tesla Stock, Cites ‘Full Valuation’
Morgan Stanley cut Tesla to hold for the first time since June 2023, warning the stock fully prices in AI and robotics ambitions. Why it matters: The downgrade from Wall Street’s most influential Tesla analyst signals growing unease with the…
200 EV Industry Players Urge EU to Keep 2035 Combustion Ban
Nearly 200 electric vehicle industry leaders sent an open letter to EU Commission President Ursula von der Leyen on Wednesday, demanding Brussels maintain its 2035 zero-emission target for new cars. Why it matters: The letter arrives six days before the…
Fiat Topolino EV Coming to US in Spring 2026 at Around $11,500
Fiat will bring its ultra-compact Topolino EV to the United States in Spring 2026, CEO Olivier Francois announced at Miami Art Week. Why it matters: The tiny EV costs just $11,500 in Europe, but US regulations may limit it to…
Polestar 3 Gets $18,000 Price Cut, Undercuts BMW and Porsche EV Rivals
Polestar slashes the 2025 Polestar 3 by up to $18,000 through its Clean Vehicle Incentive, dropping the base price to $49,500. Why it matters: The discount makes Polestar’s luxury SUV cheaper than the average new car in America and significantly…
Tesla Ranks Dead Last In Used-Car Reliability Study
Consumer Reports places Tesla at the bottom of its 26-brand used-car reliability rankings. Why it matters: Buyers shopping for 5-10 year old Teslas now face the worst long-term dependability scores in the industry. The Details By The Numbers Bottom Five…
Renault Backs EU Local EV Parts Push But Warns 75% Target Too High
Renault supports France’s call for stricter local content rules on electric vehicles sold in Europe but says the proposed 75% threshold is unrealistic for automakers still sourcing batteries from Asia. Why it matters: The debate exposes a widening rift between…
Global EV Battery Prices to Drop 3% in 2026, BloombergNEF Forecasts
Battery pack prices will fall to $105 per kilowatt-hour next year as Chinese overcapacity and LFP adoption continue driving costs down. Why it matters: Cheaper batteries make EVs more affordable and accelerate grid-scale energy storage deployment worldwide. The Details By…
BMW, Toyota Urge EU to Drop Mandatory EV Fleet Targets
BMW, Toyota, and 65 other auto industry signatories are urging the European Commission to abandon mandatory EV purchase targets for corporate fleets, reports Reuters. Why it matters: Corporate fleets represent 50-60% of all new car sales in the EU, making…
China First-Time Car Buyers Choose EVs Over Gas at Record Rate
Nearly half of first-time car buyers in China plan to purchase a pure electric vehicle, according to a new Bloomberg Intelligence survey. Why it matters: This surge in EV preference comes just as China slashes its purchase tax incentives, suggesting…
Porsche Taycan Architect Stefan Weckbach Named Mercedes-AMG CEO
Mercedes-AMG just poached the man who built Porsche’s flagship EV to lead its performance division. Why it matters: Stefan Weckbach will oversee AMG’s electric transition, including a new GT sedan designed to compete directly against the Taycan he created. The…
Ford Partners With Renault to Build Cheap EVs in France by 2028
Ford is turning to French automaker Renault to develop two entry-level electric vehicles for Europe, abandoning its own platform as too expensive to compete with Chinese rivals, reports the WSJ. Why it matters: The deal marks Ford’s admission that it…
Tesla Launches Charging Calculator to Show Buyers Gas Savings
Tesla has added a new Charging Calculator to its website, letting prospective buyers estimate how much they could save by switching from gas to electric. Why it matters: With federal EV tax credits now expired, Tesla is leaning hard on…
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