Hyundai Motor Group has officially dethroned Volkswagen as the world’s second-most profitable automaker, CEO José Muñoz declared at a high-performance vehicle launch in France, widening the gap between the surging Korean conglomerate and Europe’s largest automaker now hemorrhaging cash. The…
Plug-in hybrids have officially buried diesel in Europe’s powertrain hierarchy. For the first time in automotive history, PHEVs outsold diesel vehicles across the continent through October 2025, according to data from the European Automobile Manufacturers’ Association. The milestone marks another…
NIO just reversed four consecutive quarters of widening losses, posting its smallest quarterly deficit since 2022 as record vehicle deliveries and aggressive cost-cutting show the Chinese EV maker may finally be finding its footing in an industry where most competitors…
Tata Motors predicts India will reach EV-gasoline price parity by 2030, but the company is watching its market share get sliced in half as Tesla, VinFast, and Chinese competitors pile into one of the world’s last remaining growth markets, Bloomberg…
Rivian CEO RJ Scaringe isn’t backing down from Tesla. He’s coming for its customers. In a wide-ranging interview with The Atlanta Journal-Constitution, Scaringe laid out an aggressive vision for his company’s future, declaring that Tesla’s dominant market position proves the…
BMW is weighing the addition of range-extending engines to some of its vehicles in China, including the X5 SUV and 7-Series sedan, according to people familiar with the matter. The move would make BMW the first German automaker to embrace…
A four-year-old startup with only two vehicles just embarrassed the entire luxury EV establishment. U.S. News & World Report named Lucid Motors the Best Luxury Electric Vehicle Brand for 2025, ranking the American upstart above Tesla, Porsche, BMW, and Rivian.…
Tesla claimed victory on European Full Self-Driving approval. The regulator in charge says that never happened and wants Tesla fans to stop flooding its customer service lines with thank-you messages. The public contradiction exposes an unconventional pressure campaign that one…
A former General Motors executive who spent 12 years engineering America’s best-selling trucks just delivered a damning verdict on Tesla’s flagship SUV. Terry Woychowski, President of Caresoft Global and former GM Vice President, told Bloomberg that Xiaomi’s YU7 electric SUV…
New York State officials are frustrated with Tesla after two years of lease renegotiations for the taxpayer-funded Buffalo factory hit another wall when Elon Musk abruptly killed the AI supercomputer project that was central to the pending deal. The state…
Germany’s electric vehicle boom is built on a foundation of corporate accounting tricks, not genuine consumer demand. A German industry association warned Monday that nearly one in four newly registered EVs in 2025 were “self-registered” by manufacturers and dealers rather…
Tesla has dropped the down payment requirement on Model 3 Premium RWD leases to just $1,500 while maintaining the $299 monthly payment, marking the automaker’s most aggressive pricing move since the federal EV tax credit expired two months ago. The…