Tariffs, tax credits, mandates and regulators — the rules that shape the EV market.
Electric vehicle (EV) sales are poised to hit a new global record in 2025, with plug-in electric vehicles expected to account for one in four new passenger vehicles sold worldwide, according to the latest BloombergNEF Electric Vehicle Outlook. However, the U.S. market faces a slowdown as policy shifts and rising costs challenge adoption, while China…
Chinese automakers are dominating the global zero-emission vehicle (ZEV) market, with companies like BYD overtaking Tesla in battery electric vehicle (BEV) sales for the first time in 2024, according to a new report from the International Council on Clean Transportation (ICCT). Reuters reports that, the shift highlights China’s pivotal role in the electric vehicle (EV)…
Ford Motor Co. has issued a global recall of approximately 300,000 Mustang Mach-E electric crossovers due to a 12-volt battery issue that can prevent doors from unlocking, potentially locking passengers out or trapping them inside. The stop-delivery order, reported by Automotive News, affects dealers worldwide and halts demonstrations until a fix is deployed. Battery Malfunction…
Nissan is making a bold move to recapture its electric vehicle (EV) crown with the launch of the third-generation Leaf, unveiled on Tuesday, June 17, 2025. This revamped model, showcased at the Tokyo Motor Show, aims to revive the company’s EV dominance after slipping from a mass-market pioneer to a laggard since the original Leaf…
In a surprising turn of events, Automotive Energy Supply Corp. (AESC), a Chinese-owned battery manufacturer, has halted work on a $2 billion electric vehicle (EV) battery plant in Bowling Green, Kentucky, leaving behind a massive metal shell and unfulfilled promises of 2,000 jobs. The project, which began with a groundbreaking ceremony in August 2022, reflects…
Tesla has extended its highly sought-after 1.99% APR financing promotion for the new Model Y All-Wheel Drive (AWD) in the U.S., pushing the deadline from June 16 to June 30, 2025. This move offers electric vehicle (EV) enthusiasts and potential buyers a rare opportunity to secure affordable financing on one of the market’s leading electric…
Swedish pension fund AP7 has made headlines by blacklisting Tesla and selling its entire stake in the U.S. electric vehicle (EV) maker, citing violations of union rights. The decision, announced on June 13, 2025, reflects growing scrutiny of labor practices within the EV industry and could signal a shift in investment strategies for sustainable portfolios,…
Ferrari has postponed its second fully electric vehicle (EV) from 2026 to at least 2028 due to insufficient demand for high-performance luxury EVs, according to two sources close to the matter, reports Reuters. This shift comes as the iconic Italian automaker prepares to launch its first EV later this year, navigating a challenging market where…
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