Tariffs, tax credits, mandates and regulators — the rules that shape the EV market.
On May 6, 2025, Lucid Group will unveil its first-quarter financials, a critical moment for the luxury electric vehicle (EV) maker as it gears up for the Lucid Gravity SUV launch. With Lucid’s Investor Relations reporting a 58% surge in Q1 deliveries (3,109 vehicles) compared to last year, investors and EV enthusiasts are eager to…
Jaguar Land Rover (JLR) has resumed shipping its electric vehicles (EVs) to the United States, ending a month-long pause triggered by President Donald Trump’s 25% tariffs on imported cars and light trucks, London’s Times reported. The first shipments left Britain on Wednesday, signaling relief for EV enthusiasts and dealers awaiting models like the electric Jaguar…
Tesla’s energy storage business, powering homes and grids with Megapack and Powerwall systems, delivered a lifeline in a tough first quarter of 2025, raking in $2.73 billion—a 67% jump from last year, according to Business Insider. Yet, while this side hustle cushioned a 20% drop in automotive revenue and a net income plunge to $409…
Tesla’s latest lease offer for the 2025 Model Y makes the electric SUV more accessible than ever, with a compelling $299 monthly payment for 36 months and $3,993 due at signing. This deal, targeting EV enthusiasts and budget-conscious drivers, leverages the revamped “Juniper” Model Y’s allure to redefine affordable electric mobility. Here’s why this offer…
The 2025 Hyundai Ioniq 5 just scored a major victory for EV buyers: it’s back on the EPA’s list for the full $7,500 federal tax credit, making this stylish, high-performance electric crossover more affordable than ever. Assembled in Hyundai’s Georgia plant, this update, effective May 1, 2025, opens the door for cash and finance buyers…
Polestar is recalling 27,816 Polestar 2 electric vehicles in the U.S. due to a backup camera glitch that could leave drivers blind to what’s behind them, raising serious safety concerns. The National Highway Traffic Safety Administration (NHTSA) announced the recall on May 2, 2025, affecting 2021-2025 models built between July 2020 and November 2024. For…
In a bold move to simplify electric vehicle (EV) charging, Ionity has co-founded the Spark Alliance, a consortium of top-tier charge point operators (CPOs) aiming to create Europe’s largest and most reliable public charging network. Announced recently, this partnership addresses the fragmented charging landscape, offering clarity and confidence for both novice and seasoned EV drivers…
In a surprising move, Tesla has introduced a 1.99% APR financing offer for its newly redesigned Model Y in the U.S., a clear sign of weaker-than-expected demand for the popular electric SUV. Announced on May 2, 2025, this incentive, available for well-qualified buyers on the Long Range AWD model, effectively cuts thousands off the purchase…
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