EV enthusiasts have a new reason to get excited as VinFast, Vietnam‘s emerging electric vehicle (EV) maker, launches its first dealership in San Diego, California. The move, announced on Wednesday, marks a strategic shift for the company, backed by Vietnam’s…
India is considering relaxing its strict 50% localization requirements for electric vehicles (EVs) as China‘s recent rare earth export restrictions create a supply chain crisis, impacting manufacturers and enthusiasts alike. According to a Bloomberg report, this potential policy shift comes…
Maruti Suzuki, has dramatically reduced its near-term production targets for the e-Vitara electric SUV by two-thirds due to a critical shortage of rare earth materials, signaling fresh challenges for the global EV industry. The news, reported by Reuters, reveals the…
Hyundai Motor has exited its entire stake in Ola Electric, while Kia reduced its holding in a $80 million share sale, as the Indian electric vehicle (EV) maker faces mounting challenges, as reported by Reuters. Hyundai and Kia’s Exit Strategy…
India has rolled out its new electric vehicle (EV) policy aimed at attracting global automakers with reduced import taxes, but Tesla is showing reluctance to set up local manufacturing, a federal minister revealed. This development, reported by Reuters, could reshape…
General Motors (GM) is making a bold move to dominate the electric vehicle (EV) market by hiring Kurt Kelty, a former Tesla battery expert, to lead its charge toward affordable family cars. With Kelty’s 11 years of experience at Tesla,…
Slate Auto, a Troy, Michigan-based electric vehicle (EV) startup, has secured 100,000 reservations for its sub-$30,000 electric mini-pickup, backed by $700 million in funding from investors like Jeff Bezos, reports Automotive News. Targeting a late-2026 production start, the company’s innovative…
Subaru is recalibrating its electrification plans as looming U.S. tariffs, projected to cost the automaker $2.5 billion this fiscal year, disrupt its financial outlook and production strategy, according to CEO Atsushi Osaki during a May 14, 2025, news conference. With…
On May 12, 2025, House Republicans introduced a tax reform bill that could reshape the U.S. electric vehicle (EV) landscape by proposing to eliminate the $7,500 new-vehicle tax credit and $4,000 used-vehicle credit, alongside repealing fuel efficiency rules aimed at…
Honda has postponed its ambitious $11 billion (C$15 billion) electric vehicle (EV) production hub in Ontario, Canada, for at least two years, citing U.S. tariffs and a slower-than-expected EV market. The decision, announced by CEO Toshihiro Mibe on May 13,…
Jaguar Land Rover (JLR), Britain’s largest automotive employer, has reported its strongest profits in a decade, reaching $3.14 billion (£2.5 billion) for the 2024-25 financial year, up from $2.77 billion (£2.2 billion) the previous year, despite looming U.S. tariff uncertainties.…
Slate Auto, an upstart electric vehicle manufacturer, is making waves with a $700 million fundraising haul backed by Jeff Bezos’s investment firm, Bezos Expeditions. The funding, confirmed by Newsweek, spans Series A and B rounds, with the final close in…
Tesla (TSLA) has hit a roadblock in its long-planned entry into India, with the departure of its India chief, Prashanth Menon, just as the electric vehicle (EV) giant prepares to launch in the world’s third-largest car market. According to a…
Tesla‘s electric vehicle (EV) sales in China took a hit in April, falling 6% year-over-year, as the U.S. automaker faces fierce competition from Chinese rivals and struggles with a tarnished image in Europe, according to a recent Reuters report. This…
Indian startup Matter unveiled the Matter Aera, an electric motorcycle that challenges the stereotype of EVs being soulless with its groundbreaking four-speed manual gearbox. Published by RideApart, this innovation aims to bring back the tactile thrill of riding while delivering…
In the bustling streets of Pune, India, a quiet revolution is underway as Vayve Mobility unveils solar-powered electric vehicles (EVs) designed to tackle urban congestion and pollution. With their innovative rooftop solar panels, Vayve’s Eva and CT5 models promise sustainable,…
Jaguar Land Rover (JLR) has resumed shipping its electric vehicles (EVs) to the United States, ending a month-long pause triggered by President Donald Trump’s 25% tariffs on imported cars and light trucks, London’s Times reported. The first shipments left Britain…
VinFast is set to electrify the Montreal Electric Vehicle Show (MEVS) 2025, held May 2–4 at IGA Stadium, with a commanding display of its electric SUV lineup. Showcasing the subcompact VF 6, compact VF 7, midsize VF 8, and full-size…
On April 25, 2025, Reuters reported that India‘s Tata Technologies (TATE.NS) missed revenue expectations for the fourth quarter, grappling with a sluggish global demand for electric vehicles (EVs). The company, a key player in engineering and technology services for the…
Tesla Inc. is refunding early Model 3 bookings in India, a move that has sparked excitement among electric vehicle (EV) enthusiasts as it hints at the automaker’s long-awaited entry into the world’s third-largest automobile market. According to a Bloomberg report,…
On April 24, 2025, Slate Auto, a Michigan-based electric vehicle startup, unveiled its game-changing Blank Slate pickup truck in Long Beach, California, promising to shatter the price barrier for EVs with a base cost of $20,000. Backed by Amazon founder…
On April 20, 2025, Sawyer Merritt, a prominent Tesla commentator with 870K followers on X, shared a detailed list of investor questions slated for Tesla’s Q1 2025 earnings call, scheduled for Tuesday. The post, which garnered significant attention, reflects the…
VinFast plans to construct a second manufacturing facility in Vietnam‘s Ha Tinh province, aiming to double its production capacity to 300,000 units annually. The Vietnamese automaker announced the expansion as part of its strategy to meet international demand, particularly for…
Royal Enfield, India‘s leading motorcycle manufacturer, is making a bold leap into the electric vehicle market with its new “Flying Flea” electric motorcycle sub-brand. Set to launch in 2026, this urban-focused electric bike pays homage to the company’s historic WWII…
Toyota‘s plans for U.S.-built electric vehicles have hit a speed bump. According to a report from Nikkei, the Japanese automaker is pushing back its timeline for American-made EVs by several months, reflecting ongoing challenges in the electric vehicle market. Kentucky…
VinFast, the Vietnamese automaker, has announced a significant delay in its plans to build an electric vehicle (EV) factory in North Carolina. Originally slated for 2024, the factory’s opening has been pushed back to 2028. This move comes as the…
China‘s pushing its carmakers to keep their advanced electric vehicle (EV) tech at home, even as these companies expand globally. The government’s encouraging automakers to export partially assembled vehicles, or “knock-down kits,” to avoid tariffs and protect their tech. This…
Chinese electric vehicle (EV) manufacturers are showing resilience in the face of global trade restrictions, with several major players reporting significant year-on-year sales increases for August. This surge comes despite recent announcements by the European Union, United States, and Canada…
Ola Electric, a prominent Indian electric vehicle manufacturer, has made waves in the EV industry by introducing a new series of electric motorcycles. This strategic move comes just days after the company’s initial public offering (IPO), as reported by Reuters.…
In a surprising turn of events, law enforcement agencies across the United States are increasingly adopting electric vehicles (EVs) for their fleets, according to a recent report by The Atlantic. This shift towards electrification is driven not by environmental concerns,…
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