Former GM VP Says Xiaomi YU7 Beats Tesla Model Y ‘In Almost Every Way’
A former General Motors executive who spent 12 years engineering America’s best-selling trucks just delivered a damning verdict on Tesla’s flagship SUV. Terry Woychowski, President of Caresoft Global and former GM Vice President, told Bloomberg that Xiaomi’s YU7 electric SUV…
Tesla’s $1 Billion Buffalo Boondoggle Hits New Snag After Musk Kills AI Project
New York State officials are frustrated with Tesla after two years of lease renegotiations for the taxpayer-funded Buffalo factory hit another wall when Elon Musk abruptly killed the AI supercomputer project that was central to the pending deal. The state…
German EV Sales Are a Statistical Illusion: 1 in 4 ‘Sold’ Cars Never Reached Real Buyers
Germany’s electric vehicle boom is built on a foundation of corporate accounting tricks, not genuine consumer demand. A German industry association warned Monday that nearly one in four newly registered EVs in 2025 were “self-registered” by manufacturers and dealers rather…
Tesla Slashes Model 3 Lease Down Payment to $1,500 as Post-Tax-Credit Sales Pressure Mounts
Tesla has dropped the down payment requirement on Model 3 Premium RWD leases to just $1,500 while maintaining the $299 monthly payment, marking the automaker’s most aggressive pricing move since the federal EV tax credit expired two months ago. The…
UK Extends EV Subsidies While Planning Mileage Tax to Recover Lost Fuel Revenue
Britain’s government unveiled a £1.3 billion ($1.7 billion) extension of electric vehicle purchase subsidies on Friday, just hours before confirming plans to impose a per-mile tax on EV drivers starting in 2028—a policy contradiction that exposes the fundamental revenue crisis…
EV Sales Surge Masks Manufacturing Collapse As Q3 Data Reveals Subsidy Cliff Reality
US clean-energy investments hit a record $75 billion in the third quarter of 2025, driven almost entirely by consumers scrambling to buy electric vehicles before federal tax credits expired on September 30, according to new data from Rhodium Group and…
Tesla Faces New Fatal Door Handle Lawsuit After Washington State Crash
A new wrongful death lawsuit filed against Tesla Inc. highlights the ongoing safety crisis surrounding the company’s electronic door handle design, alleging that a couple became trapped in their burning Model 3 after a January 2023 crash in Washington state…
Chinese Automaker GAC to Build Electric AION V in Austria, Dodging EU Tariffs
China’s Guangzhou Automobile Group (GAC) will manufacture its AION V electric SUV at Magna International’s Austria facility, the companies announced Thursday, marking the second Chinese EV brand in two months to use European contract manufacturing as a workaround for steep…
VinFast Losses Nearly Double to $911M as Premium EV Strategy Collapses Against Chinese Competition
Vietnamese EV maker VinFast reported staggering third-quarter losses of $910.85 million, nearly double the $503 million lost in the same period last year, as the company’s premium pricing strategy crumbles under pressure from cost-efficient Chinese competitors. Despite achieving 47% revenue…
Tesla Expands Direct Rentals to 5 Cities: $60/Day Includes FSD & Supercharging
Tesla is aggressively expanding its direct rental program beyond California, launching a $60/day service in five major U.S. cities to combat post-subsidy sales slumps. Tesla isn’t just selling cars anymore—it’s renting them directly to you for less than the cost…
Lucid Launches $79,900 Gravity Touring: A Price Drop That Missed The Tax Credit
Lucid Motors just dropped the price of its critical SUV to under $80,000, but for buyers hoping for a federal subsidy, the timing couldn’t be worse. Lucid Group (NASDAQ: LCID) officially launched the Lucid Gravity Touring on Thursday with a…
Foxconn Bets $3B On AI While Predicting China EV “Shakeout” Will Crush Unprofitable Startups
Foxconn Chairman Young Liu is placing a massive bet on artificial intelligence while stepping back from electric vehicles, predicting that China’s brutally competitive EV market will soon experience a devastating consolidation that forces unprofitable startups to disappear. The world’s largest…
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