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Swedish pension fund AP7 has made headlines by blacklisting Tesla and selling its entire stake in the U.S. electric vehicle (EV) maker, citing violations of union rights. The decision, announced on June 13, 2025, reflects growing scrutiny of labor practices within the EV industry and could signal a shift in investment strategies for sustainable portfolios,…
A new survey from Shell highlights a surprising decline in drivers’ enthusiasm for electric vehicles (EVs), with Europe showing a sharper drop than the United States. Conducted among 15,000 drivers worldwide, including key markets like Britain, China, Germany, and the U.S., the study, published on Tuesday, reveals that cost remains the biggest hurdle to EV…
On June 16, 2025, U.S. Senate Republicans introduced a bold proposal to terminate the $7,500 tax credit for new electric vehicle (EV) purchases, shaking up the landscape for EV owners and manufacturers. The plan, detailed in a Reuters report, aims to eliminate this incentive 180 days after the measure becomes law, while immediately ending credits…
Tesla’s Model Y is staging a remarkable comeback, with CEO Elon Musk announcing a “major rebound in demand” during a recent interview on CNBC. This resurgence follows a challenging first quarter marked by a global factory changeover and production shutdowns. As the electric vehicle (EV) industry watches closely, new sales data and the upcoming Robotaxi…
Elon Musk is steering Tesla toward a bold new future, shifting the company’s focus from electric vehicles (EVs) to robotics, with a potential rollout of driverless cars as early as this month in Austin, Texas. This pivot, detailed in a recent Wall Street Journal article, marks a significant evolution for Tesla, which began nearly 22…
President Donald Trump has signed legislation that halts California’s ambitious plan to phase out gas-powered car sales by 2035, marking a significant shift in the state’s electric vehicle (EV) landscape. Reported by Axios, this move revokes Environmental Protection Agency (EPA) waivers that allowed California to set its own air quality standards, including the EV mandate.…
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 company now plans to produce about 8,200 e-Vitaras between April and September 2025, down from…
Tesla has rolled out an enticing new lease offer for the 2025 Model 3, making electric vehicle (EV) ownership more accessible with monthly payments starting at just $349. This deal targets EV enthusiasts and potential first-time buyers, offering a compelling entry into Tesla’s innovative lineup. The promotion, detailed on Tesla’s official website, runs through June…
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