Tariffs, tax credits, mandates and regulators — the rules that shape the EV market.
Lucid Motors has reportedly secured an EPA-certified range of 450 miles for its new Gravity SUV, surpassing the company’s preliminary estimate of 440 miles, as mentioned before by the EV maker’s CEO, Peter Rawlinson. This achievement comes as Lucid begins production of the three-row luxury electric SUV at its Casa Grande, Arizona manufacturing facility. The…
VinFast plans to construct a second manufacturing facility in Vietnam’s Ha Tinh province, aiming to double its production capacity to 300,000 units annually. The Vietnamese automaker announced the expansion as part of its strategy to meet international demand, particularly for its smaller VF 3 and VF 5 models, reports Reuters. The new plant, scheduled to…
BYD’s aggressive expansion strategy is paying off as the Chinese electric vehicle manufacturer prepares to announce November sales figures that will likely cement its position ahead of traditional automotive powerhouses Ford and Honda in global sales volume. The company’s remarkable growth trajectory has already seen it surpass Tesla in quarterly revenue, marking a significant shift…
Tesla’s dominance in the Australian electric vehicle market is showing signs of erosion, with November sales dropping 35.5% year-over-year to 2,540 units according to Electric Vehicle Council data. This decline contributes to the brand’s first annual sales decrease of 20.9% in the market, marking a significant shift in the company’s previously upward trajectory. While Tesla…
General Motors faces a significant financial setback in China, announcing a $5.5 billion write-off as its joint venture struggles amid the country’s rapid transition to electric vehicles. This development marks a crucial turning point in the world’s largest automotive market and serves as a warning sign for traditional automakers, reports Barron’s. The Financial Impact The…
In a pivotal development for the electric vehicle industry, Tesla’s controversial 300-million share grant to CEO Elon Musk faces fresh scrutiny as it heads to the Delaware Supreme Court, reports the Financial Times. This latest chapter in the ongoing saga comes after a lower court’s February ruling that invalidated Musk’s mammoth $56 billion compensation package.…
Jaguar has unveiled its radical Type 00 concept car at Miami Art Week, showcasing a controversial design direction that’s already drawing comparisons to Rolls-Royce’s Spectre and sparking debate about its minimalist interior approach. Source: Official Jaguar X/Twitter post A Tale of Two Colors The Type 00 debuts in two distinct colorways: a London Blue that…
In a concerning development for the electric vehicle industry, new analysis suggests that the elimination of federal tax credits under a second Trump presidency could significantly impact EV adoption rates in the United States. According to research by economists from UC Berkeley and Duke University, the removal of the $7,500 federal incentive could result in…
One email with the EV news that matters — Tesla, Rivian, BYD, and everything in between, straight from the newsroom. No spam, no fluff.
