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Bentley CEO Admits EV Acceptance At "All-Time Low," Unveils £400,000 Petrol Supersports Instead
Bentley

Bentley CEO Admits EV Acceptance At “All-Time Low,” Unveils $515,000 Petrol Supersports Instead

Bentley CEO Frank-Steffen Walliser has publicly acknowledged that electric vehicle acceptance has hit an “all-time low” while announcing the luxury automaker’s next new model will be a petrol-powered Supersports performance car—not the EV the company promised just three years ago. The admission comes in a rare interview with The Sunday Times published November 8, marking…

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

Ford

Ford F-150 Lightning Faces Cancellation As Post-Tax Credit Reality Hits Home

Ford Motor Company executives are actively discussing whether to permanently discontinue the F-150 Lightning electric pickup truck, according to a Wall Street Journal report published November 6, 2025. The deliberations mark a dramatic reversal for a vehicle Ford once compared to Henry Ford’s Model T and position the Lightning as potentially the first major casualty…

Honda's Bold Leap into the U.S. EV Market: The Prologue Unveiled
Honda

Honda Slashes Profit Forecast And Confirms 20% EV Target As Chip Crisis Compounds Retreat

Honda Motor Co. cut its annual profit guidance by 21% on Friday, citing a critical semiconductor shortage and plummeting Asian demand while confirming the Japanese automaker now expects electric vehicles to comprise just 20% of global sales by 2030, reports Bloomberg. The announcement marks the latest setback in Honda’s year of cascading retreats from electrification…

Tesla's Bumpy Road: Expected Shortfall in Q3 2023 Deliveries
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…

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…

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…

EU Plans December Announcement For Affordable Small EVs To Counter Chinese Competition
Ford

EU Plans December Announcement For Affordable Small EVs To Counter Chinese Competition

The European Commission will announce a new regulatory category for affordable small electric vehicles in December, aiming to enable manufacturers to produce EVs priced between €15,000 and €20,000 ($16,000-$21,000) as Chinese competitors continue gaining market share with lower-cost models. European Commissioner for Industry Stephane Sejourne confirmed the timeline during the Automotive Industry D

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