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Global sales of electric vehicles (EVs) and plug-in hybrids jumped 30.5% year-over-year in September, according to data from market research firm Rho Motion. This surge was primarily driven by China’s record-breaking numbers and a return to growth in Europe. China Leads the Charge China’s EV market continued its explosive growth, with sales skyrocketing 47.9% to…
The CEO of BMW, Oliver Zipse, has cautioned that the European Union’s plans to ban traditional combustion engines by 2035 may no longer be realistic and could lead to a significant contraction of the automotive industry. This warning came during the Paris motor show, as reported by The Guardian. Industry Concerns and Competition Zipse expressed…
In a stunning reversal of fortune, Germany’s automotive powerhouses are finding themselves outpaced and outmaneuvered in the world’s largest car market. A recent Bloomberg report paints a sobering picture of how Volkswagen, BMW, and Mercedes-Benz are desperately scrambling to catch up with local Chinese brands in the electric vehicle race. The EV Revolution Leaves German…
A new rule proposed by the U.S. Commerce Department is set to effectively ban Chinese electric vehicles from the American market. This regulation, reportedly justified on national security grounds, aims to prohibit Chinese-designed or produced hardware and software in vehicle connectivity systems. Sweeping Restrictions on Connected Car Tech The rule, titled “Securing the Information and…
MG looks set to expand its electric vehicle lineup in Australia, with a camouflaged SUV resembling the popular MG4 spotted testing in Victoria. The sighting, shared on social media by EV enthusiast Andrew M, has fueled speculation about MG’s next move in the Aussie market. A Bigger Sibling for the MG4? The mysterious vehicle, believed…
Volkswagen’s banking on affordable electric vehicles to revive its flagging sales in Europe and China, echoing a strategy from the 1970s oil crisis. According to Fortune, the German automaker plans to roll out eight new budget-friendly EVs by 2027. From Elektro Bus to ID.2all: VW’s Electric Evolution Back in the early ’70s, VW experimented with…
Tesla’s much-hyped robotaxi unveiling failed to impress investors, leading to an 8% drop in the company’s stock price and erasing about $60 billion in market value. The event, held in Hollywood, was reported by The Guardian. Cybercab: Big on Promises, Short on Details Elon Musk showcased the “Cybercab,” a fully autonomous vehicle slated for production…
Polestar, the struggling electric vehicle manufacturer, is changing tactics to boost sales after reporting a significant drop in deliveries. According to a Bloomberg report, the company’s new CEO is pushing for a more traditional sales approach by selling cars through dealerships, not just online. A New Strategy for Survival Polestar’s new chief executive, Michael Lohscheller,…
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