Mini Halts US Electric Vehicle Launch Plans Amid Trade Challenges
Mini has indefinitely postponed its plans to bring new electric vehicles to the North American market, dealing a setback to the brand’s electrification strategy in one of the world’s largest EV markets. The decision affects both the electric Cooper and…
Tesla’s Australian Market Share Declines Amid Evolving EV Landscape.
Tesla’s dominance in the Australian electric vehicle market is showing signs of erosion, with November sales dropping 35.5% year-over-year to 2,540 units according to Electric Vehicle Council data. This decline contributes to the brand’s first annual sales decrease of 20.9%…
Trump Team Eyes Reversal of USPS Electric Vehicle Program, Rattling EV Industry
The U.S. Postal Service’s ambitious fleet electrification program faces potential disruption as Donald Trump’s transition team explores canceling multi-billion dollar contracts with Oshkosh Corporation and Ford Motor Company. The news, first reported by Reuters, sent Oshkosh shares down 5% to…
UK Hits ‘Peak Petrol’ as Electric Vehicle Revolution Gains Momentum
The United Kingdom has reached a significant milestone in its automotive history as the number of petrol-powered vehicles peaks at 18.7 million, marking the beginning of what experts predict will be a dramatic shift toward electric mobility. According to a…
GM’s $5.5B China Write-Off Signals Major EV Market Shift
General Motors faces a significant financial setback in China, announcing a $5.5 billion write-off as its joint venture struggles amid the country’s rapid transition to electric vehicles. This development marks a crucial turning point in the world’s largest automotive market…
Tesla’s $100B Pay Package Drama: Delaware Supreme Court to Decide Musk’s Fate
In a pivotal development for the electric vehicle industry, Tesla’s controversial 300-million share grant to CEO Elon Musk faces fresh scrutiny as it heads to the Delaware Supreme Court, reports the Financial Times. This latest chapter in the ongoing saga…
Jaguar’s Type 00 Concept Sparks Controversy with Minimalist Design
Jaguar has unveiled its radical Type 00 concept car at Miami Art Week, showcasing a controversial design direction that’s already drawing comparisons to Rolls-Royce’s Spectre and sparking debate about its minimalist interior approach. Source: Official Jaguar X/Twitter post A Tale…
Trump’s Potential EV Tax Credit Cut Could Slash Electric Vehicle Sales by 27%
In a concerning development for the electric vehicle industry, new analysis suggests that the elimination of federal tax credits under a second Trump presidency could significantly impact EV adoption rates in the United States. According to research by economists from…
Jeep Eyes Future with Advanced Drone-Vehicle Integration Patents
Recent patent filings reveal Jeep’s innovative vision for combining electric vehicle technology with drone integration, showcasing the company’s forward-thinking approach to off-road capabilities and security features. The Stellantis-owned brand is exploring multiple applications that could revolutionize how drivers interact with…
Tesla’s Identity Crisis: Owners Grapple with Musk’s Political Shift as Anti-CEO Movement Gains Momentum
In an unprecedented display of consumer activism, Tesla owners across America are wrestling with a complex dilemma: how to reconcile their love for their environmentally conscious vehicles with their growing discomfort over Elon Musk’s controversial political stance. This tension has…
Tesla Reverses Course on Lease Buyouts, Signaling Shift in Autonomous Vehicle Strategy
Tesla has made a significant pivot in its leasing strategy, now allowing customers to purchase their vehicles at lease-end across its entire lineup. This policy shift, announced on November 27, 2024, marks a notable departure from the company’s previous stance…
Trump’s Potential Auto Tariffs Could Impact Japanese EV Production
Japanese automakers, including their emerging EV divisions, might face new challenges as incoming U.S. President Donald Trump considers imposing significant tariffs on Japanese vehicle exports, according to Moody’s Analytics senior economist Stefan Angrick in a recent interview. Campaign Promises and…
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