News, deep dives, and analysis — every Europe story, newest first.
AESC, a Japanese battery manufacturer, has paused construction on its $1.6 billion factory in Florence, South Carolina, designed to supply batteries for BMW’s electric vehicles (EVs). The decision, stems from uncertainties in federal EV policies and potential tariff changes under President Donald Trump’s administration, raising concerns for the EV industry’s growth in the U.S. reports…
A growing number of Tesla drivers in the UK are trading in their electric vehicles (EVs) for Polestar models, with Polestar’s UK managing director reporting conversions at a “fairly high rate.” This shift comes as Tesla faces a steep 36% drop in May sales compared to the same month last year, while Polestar registrations have…
Chinese authorities have called on major electric vehicle (EV) manufacturers, including BYD, to halt aggressive price wars that are threatening the industry’s stability, according to a recent meeting in Beijing. Reported by Bloomberg the Ministry of Industry and Information Technology and other regulatory bodies hosted the gathering, highlighting concerns over unsustainable pricing and its ripple…
Today, Tesla’s stock plummeted 16% as a public feud between CEO Elon Musk and President Donald Trump intensified, threatening federal subsidies critical to the electric vehicle (EV) maker’s growth. The clash, fueled by Musk’s provocative claim about Trump’s ties to Jeffrey Epstein and his call for the president’s impeachment, has rattled investors and raised questions…
Tesla’s dominance in China’s electric vehicle (EV) market is crumbling, with shipments from its Shanghai factory dropping 15% in May 2025 compared to the previous year, marking the eighth consecutive month of decline. According to a recent Bloomberg article, this downward trend highlights the growing challenge posed by Chinese EV manufacturers like BYD and Xiaomi,…
UK new car sales rose in May 2025, with electric vehicles (EVs) leading the charge thanks to heavy discounts, according to Reuters. Total registrations climbed 1.6% year-over-year to 150,070 units, marking the best May performance since 2021. EV Discounts Fuel Market Recovery According to the Society of Motor Manufacturers and Traders (SMMT), in May, electric…
Germany’s latest proposal to encourage businesses to adopt electric vehicles (EVs) through a tax break has been met with skepticism by the auto industry, potentially slowing the transition to cleaner transportation. According to a Bloomberg report, the plan, which allows companies to deduct 75% of EV purchase taxes in the year of acquisition, is seen…
DHL announced a partnership with Daimler Truck and hylane GmbH to rent 30 electric Mercedes-Benz eActros 600 trucks for parcel transport in Germany, a move aimed at cutting CO₂ emissions in heavy freight. Reported by Reuters, this deal marks a step toward sustainable logistics, with deliveries expected by the end of Q2 2026. Advancing Electric…
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