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Tesla Opens Second Chile Store As BYD Dominates South American EV Market
Tesla

Tesla Opens Second Chile Store As BYD Dominates South American EV Market

Tesla has opened its second retail location in Chile, expanding its South American presence nine months after entering the market, according to a post by Tesla Chile Sales Advisor Francisco Taladriz on October 26, 2025. The new store at Alto Las Condes shopping center in Santiago marks Tesla’s continued push into a region where Chinese…

China

EU Launches RESourceEU Plan To Break China’s Stranglehold On EV Motor Magnets

The European Union announced a comprehensive strategy to slash its dangerous dependence on Chinese rare earth materials just 16 days after Beijing imposed sweeping export restrictions that threaten to choke European electric vehicle production. European Commission President Ursula von der Leyen unveiled RESourceEU on Saturday at a conference in Berlin, calling China’s October 9 export…

Gotion Abandons $2.4 Billion Michigan Battery Plant After Three Years Of Political Warfare
Michigan

Gotion Abandons $2.4 Billion Michigan Battery Plant After Three Years Of Political Warfare

A Chinese battery giant’s plans to build a massive Michigan manufacturing plant have officially collapsed, with the state now demanding millions back after years of grassroots opposition, Chinese ownership controversies, and Trump administration policy shifts killed what was once touted as Northern Michigan’s largest economic project ever. Gotion Inc. abandoned its $2.4 billion electric vehicle…

Stellantis Posts €20 Billion Net Loss as CEO Filosa Promises Profitability Return That Won't Arrive Until 2027
France

France Demands EU Flexibility As Stellantis Shuts Plants And 350,000 Jobs Hang In Balance

France is pushing the European Union to adopt “flexibility” in implementing stricter CO2 emissions rules for new vehicles, signaling support for its struggling domestic automakers as plant shutdowns and job losses mount. The timing is critical: France’s Finance Ministry announced Thursday that the country wants “technological neutrality” while maintaining the 2035 combustion engine ban, just…

Porsche Macan EV Charges Ahead with Impressive EPA Range and Cutting-Edge Tech
Porsche

Porsche Posts First-Ever Quarterly Loss: $1.1 Billion Wipeout Signals EV Strategy Collapse

Porsche AG just posted the most humiliating quarter in its 77-year history—a €967 million ($1.1 billion) operating loss that marks the luxury automaker’s first quarterly loss since going public in 2022. According to Bloomberg, the sports car manufacturer is hemorrhaging cash as it scrambles to unwind an expensive electric vehicle strategy that spectacularly backfired against…

Chinese Automaker Claims 48% Thermal Efficiency Engine, Surpassing Toyota’s Hybrid Tech
Toyota

Chinese Automaker Claims 48% Thermal Efficiency Engine, Surpassing Toyota’s Hybrid Tech

Omoda & Jaecoo, the export brands of Chinese automotive giant Chery Group, unveiled plans for an internal combustion engine achieving 48% thermal efficiency at their International User Summit in October 2025. If realized, this would dramatically outpace the industry standard and even exceed Toyota’s class-leading hybrid powertrains. The announcement signals that while the world races…

Rivian Spins Out $1B E-Bike and AI Startups to Fund Tech with VC Cash
Rivian

Rivian Spinoff Also Unveils $4,500 Pedal-By-Wire E-Bike and Lands Amazon Delivery Partnership

Rivian‘s micromobility spinoff Also unveiled its first electric bike today alongside a major commercial partnership with Amazon, marking the EV maker’s expansion into urban transportation solutions for trips under 15 miles. Also announced the TM-B electric bike at an event in Oakland on October 22, launching a modular platform that applies Rivian’s software-first approach to…

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