Germany

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Nov 10

Last updated

EV Prices Set to Drop in 2024, Offering More Affordable Green Options

Tesla

Tesla Shareholders Approve Musk’s $1 Trillion Payday As European Sales Crater And U.S. Faces Post-Tax-Credit Collapse

Tesla shareholders voted Thursday to approve CEO Elon Musk’s unprecedented $1 trillion compensation package, potentially making him the world’s first trillionaire—despite collapsing European sales, mounting brand damage from political controversies, and serious questions about whether the world’s largest executive pay package will solve any of Tesla’s actual business problems. The vote passed with

Haye KestelooNov 7

Tesla

Tesla Sales Crater Across Europe As Shareholders Vote On Musk’s $1 Trillion Payday

Tesla’s October 2025 sales collapsed across Europe, with registrations plummeting by double-digit margins in nearly every major market—just as shareholders vote today on CEO Elon Musk’s nearly $1 trillion compensation package. The timing couldn’t be worse for the embattled EV maker, as the catastrophic sales figures underscore growing questions about whether Musk deserves the largest…

Haye KestelooNov 6

2026 Kia EV4 Unveiled: Affordable Style Meets Electric Range for Everyday Drivers

Tesla

Automakers Face $200-$300 Per Vehicle Port Fee Hit Despite Trump-Xi Trade Truce

Automakers shipping vehicles to the United States could face $200 to $300 per vehicle in additional costs, the CEO of major car carrier Wallenius Wilhelmsen warned Wednesday, as the company moves to pass new U.S. port fees onto customers. The announcement comes despite a late-October trade agreement between Presidents Trump and Xi that was supposed…

Haye KestelooNov 5

China's BYD has overtaken Tesla as the world's best-selling maker of electric cars. In the final quarter of last year, BYD, backed by Warren Buffett, sold 526,409 fully electric vehicles, outpacing Tesla's 484,507.

BYD

BYD Overtakes Tesla In UK Market As Chinese EV Sales Surge Sixfold

BYD has overtaken Tesla in the United Kingdom’s electric vehicle market, marking a stunning reversal in one of Europe’s largest markets for plug-in cars. The Chinese manufacturer registered almost seven times more new cars than Tesla last month, according to data released Wednesday by the UK’s Society of Motor Manufacturers and Traders (SMMT). The shift…

Haye KestelooNov 5

Volkswagen

Volkswagen Secures $426M Brazilian Loan to Accelerate Hybrid Development as EV Strategy Falters

Volkswagen has secured 2.3 billion reais ($425.62 million) in credit lines from Brazil’s state development bank BNDES to accelerate hybrid vehicle development across South America, according to Reuters. The German automaker announced Friday it will use the financing to offer hybrid versions of all new vehicles developed and manufactured in the region starting in 2026.…

Haye KestelooOct 31

Volkswagen to Ditch ID Moniker for Traditional Names on Electric Vehicles

Porsche

Volkswagen Posts €1.3 Billion Loss As Porsche’s EV Disaster And Trump Tariffs Deliver Double Blow

Volkswagen Group reported a €1.3 billion ($1.4 billion) operating loss for the third quarter of 2025, marking the German automaker’s first quarterly loss since the pandemic as it absorbs massive charges from Porsche’s failed electric vehicle strategy and President Trump’s punishing import tariffs. The Times reported that Europe’s biggest carmaker swung from a €2.8 billion…

Haye KestelooOct 30

Porsche

Porsche’s Electric 718 Cayman Disguises Itself As A 911 At Nürburgring

Porsche is testing heavily camouflaged electric 718 Cayman prototypes at Germany’s Nürburgring circuit, with the sports car wearing fake bodywork designed to make it resemble a 911. The testing comes as Porsche posts its first quarterly loss ever—a staggering $1.1 billion wipeout—while simultaneously developing both electric and combustion versions of its entry-level sports car for…

Haye KestelooOct 30

GM Lays Off 3,300 EV Workers As Battery Plants Idle Following Tax Credit Expiration

General Motors is laying off more than 3,300 electric vehicle workers across Michigan, Ohio, and Tennessee as the automaker slashes EV production following the expiration of federal tax credits. The cuts represent one of the most significant workforce reductions in the industry since the $7,500 EV incentive ended on September 30, 2025. The layoffs come…

Haye KestelooOct 29

Germany

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