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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…
Imagine ditching power windows for a sub-$20K electric pickup—sounds crazy, right? But Bezos-backed Slate Auto thinks it’s genius, especially with that $7,500 tax credit vanishing soon. Slate Auto, a Michigan-based startup backed by Amazon founder Jeff Bezos, is introducing a minimalist electric pickup truck priced under $20,000, but the impending expiration of a $7,500 federal…
Tesla released its Q2 2025 earnings on July 23, reporting adjusted earnings of 40 cents per share, just below the average analyst estimate, alongside revenue of $22.5 billion that fell 12% year-over-year, marking the sharpest decline in at least a decade. Gross margin came in higher than anticipated. Updated as of 16:56 EST The company…
Nissan Motor Co. has announced the closure of vehicle production at its Oppama plant in Japan by the end of fiscal year 2027, a strategic move tied to the company’s push for profitability amid evolving electric vehicle demands. This decision affects a facility that pioneered the mass-market EV with the Nissan Leaf in 2010. Strategic…
Hyundai Motor Company introduces the IONIQ 9 Seed Ball Drone Station, transforming its flagship electric SUV into a versatile base for aerial reforestation, leveraging vehicle-to-load (V2L) technology to power drones in wildfire recovery efforts. This innovation extends the company’s Smart Forest Restoration Program, starting in Korea’s Uljin region hit by 2022 wildfires, and highlights EVs’…
In Mexico, budget-conscious buyers like Uber driver Patricia Gatica are turning to affordable cars made in China, such as the $17,000 Chevy Aveo, which offers impressive fuel efficiency at 48 miles per gallon, according to Bloomberg. This trend extends to electric vehicles from brands like BYD, highlighting how Chinese imports are reshaping the market south…
Tesla prepares to enter the Indian market with the opening of its inaugural showroom in Mumbai on July 15, 2025, targeting electric vehicle enthusiasts in one of the world’s fastest-growing economies. This development follows the creation of a dedicated Tesla India account on X, signaling the company’s commitment to local engagement and sales. Details of…
Honda Motor has canceled its development of a large electric SUV targeted for a 2027 release, citing declining electric vehicle (EV) demand in the United States, according to a Nikkei Asia report. This decision reflects broader industry shifts as automakers recalibrate strategies in response to market and policy changes, redirecting focus toward hybrid vehicles to…
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