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In a surprising turn for the electric vehicle (EV) industry, Tesla’s new car sales in the UK and Germany dropped to their lowest levels in over two years in April 2025, despite a broader surge in EV demand across Europe. According to Reuters, Tesla (TSLA.O) saw a 62% sales decline in Britain and a 46%…
BMW has unveiled its next-generation Gen6 electric powertrain, set to debut in the iX3 later this year, promising a transformative leap in efficiency, range, and performance for its Neue Klasse lineup. According to BMW’s official release, this modular 800-volt architecture marks a pivotal step in the automaker’s quest to redefine electric vehicle (EV) excellence, blending…
In a striking blow to Tesla’s European market share, the electric vehicle (EV) giant saw its German sales drop by nearly half in April 2025, despite an overall surge in battery electric vehicle registrations. Data from Germany’s road traffic agency, the KBA, reveals Tesla’s challenges as competitors like China’s BYD gain ground, raising questions about…
Tesla’s new car sales in the UK dropped by a staggering 62% in April 2025, hitting their lowest point in over two years, according to data released by research group New AutoMotive. This decline comes as the electric vehicle (EV) market faces increasing competition from European and Chinese brands, with Tesla preparing to launch a…
On May 5, 2025, Onsemi announced a promising second-quarter revenue forecast, surpassing Wall Street expectations, driven by robust demand for its silicon carbide chips in electric vehicles (EVs). Despite economic uncertainties and looming U.S. tariffs, the chipmaker’s outlook signals a resilient EV market, offering insights for EV owners and enthusiasts following industry trends, according to…
Chinese battery titan Contemporary Amperex Technology (CATL) has filed for a secondary listing on the Hong Kong Exchange, aiming to fuel its global expansion in the booming electric vehicle (EV) market. According to a Wall Street Journal report, analysts predict this could be the largest fundraising effort since ByteDance rival Kuaishou Technology’s $5.4 billion initial…
Ford Motor Company’s first-quarter profit nosedived 64%, dropping to $471 million from $1.3 billion a year earlier, as its electric vehicle (EV) division faltered and tariff-related costs loomed large, according to a Wall Street Journal report. The automaker also withdrew its profit forecast for 2025, citing uncertainty from President Trump’s tariffs, sending shockwaves through the…
Tesla is intensifying its long-standing vision-only approach to autonomous driving in China, reportedly announcing plans to roll out its camera-based Full Self-Driving (FSD) system for mainland-assembled vehicles—pending Beijing’s approval. In a Weibo post on May 4, 2025, the U.S. electric vehicle (EV) maker emphasized that its “visual processing solutions” will deliver safer, smarter driving acro
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