Drama in the EV world: Volkswagen’s profits cratered 38% this half-year, as U.S. tariffs turn the green revolution into a red-ink mess. Volkswagen Group reported a sharp decline in profits for the second quarter and first half of 2025, even…
Drama in the EV world: Tesla unleashes record perks to beat the Sept 30 deadline – is this your sign to buy? Tesla has introduced an extensive array of discounts, financing options, and perks for its electric vehicle lineup in…
Hey Porsche lovers, ever feel the EV hype is slowing? Blume’s memo confirms it: “Our model no longer works,” sparking drama in the high-end electric world. Porsche CEO Oliver Blume has informed employees that the company’s longstanding business model is…
Tesla’s EV Sales in California Plunge for Seventh Straight Quarter Amid Growing Challenges Tesla Inc. saw its new vehicle registrations in California drop sharply last quarter, marking the seventh consecutive decline in the nation’s largest electric vehicle market. This downturn,…
Ouch! Europe’s new car registrations tanked 5.1% last month—here’s why EV momentum is fading and what it spells for drivers. Europe’s automotive market faced a significant setback in June, with new car registrations dropping 5.1% to 1.24 million vehicles—the steepest…
Elon Musk just promised robotaxis for half the US by year’s end, but California’s regulators aren’t buying it—here’s what EV owners need to know. Tesla CEO Elon Musk outlined ambitious plans for robotaxi deployment during the company’s recent earnings call,…
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…
Tesla dropped a bombshell: Model Y leases start at $399/month—EV dreams are now reality! Tesla has rolled out compelling lease offers for the 2025 Model Y, making the popular electric SUV more accessible to EV enthusiasts. With monthly payments starting…
Imagine popping your Tesla’s frunk at dusk and it’s lit like a pro setup – no more fumbling in the dark. Tesla’s new $100 LED upgrade makes it reality in 2025. Tesla has rolled out a new LED ambient light…
JPMorgan’s global automotive research chief, Jose Asumendi, took a ride in Tesla’s freshly deployed Robotaxi in Austin and reported the trip was “certainly solid and felt like a safe ride at all times.” The comment, posted by Sawyer Merritt on…
Tesla’s profits have long leaned on the sale of regulatory credits, but a quick turn in American policy may soon curb that cash flow and unbalance the company’s balance sheet. According to Reuters, the latest measures pushed by the Trump…
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…
Mercedes-Benz has announced a temporary halt to production of its EQE and EQS electric vehicle models in the U.S., a move that underscores growing challenges for the EV sector as federal incentives are poised to vanish. This decision arrives just…
As electric vehicle sales falter, major battery manufacturers are shifting focus to a booming market in large-scale energy storage systems, offering a potential buffer against losses in the automotive sector. This strategic pivot helps utilize underused factories and taps into…
The European Union advances its green agenda as the Commission drafts rules that would require car-rental companies and large corporations to purchase only electric vehicles for their fleets from 2030 onward. This initiative, reported by German newspaper Bild, accelerates the…
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