Toyota Invests $912 Million In U.S. Hybrid Production As Competitors Abandon EVs Post-Tax Credit
Toyota announced a $912 million investment across five U.S. manufacturing plants to expand hybrid vehicle production capacity, creating 252 new jobs and marking the first U.S. production of hybrid-electric Corollas. The investment, revealed Tuesday, comes just six weeks after the…
Lotus Emeya Shatters EV Charging Records With 443 kW Peak But Can Technical Brilliance Save A Struggling Automaker?
The Lotus Emeya has set a new benchmark for production electric vehicle charging performance, reaching a peak rate of 443 kW during independent testing conducted by Lotus Al Ghanim in Kuwait. Using Lotus’s proprietary 450 kW DC ultra-fast charger, the…
Massive EV Lease Returns in 2026 Could Trigger Used EV Price War Buyers Have Been Waiting For
A record wave of electric vehicle lease returns is set to flood the used car market in 2026, creating what analysts are calling an “EV avalanche” that could dramatically reshape pricing dynamics and deliver unprecedented opportunities for budget-conscious buyers. At…
Tesla Wins Bid To Decertify 6,000-Worker Race Discrimination Class Action At Fremont Factory
A California judge has reversed a 2024 ruling that allowed more than 6,000 Black workers at Tesla’s Fremont factory to pursue racial harassment claims as a class action, delivering a significant legal victory to the electric vehicle maker amid mounting…
XPeng Forecasts Weak Q4 Revenue Despite Record Deliveries As China’s EV Price War Claims Another Victim
Chinese electric vehicle maker XPeng issued a disappointing fourth-quarter revenue forecast on Monday, signaling that even record-breaking delivery numbers can’t shield automakers from China’s relentless EV price war that continues eroding profitability across the sector. The Guangzhou-based automaker projects Q4…
Rivian Spins Out $1B E-Bike and AI Startups to Fund Tech with VC Cash
Rivian Automotive is strategically spinning out its internal technology projects, including an e-bike division and an AI robotics firm, into new, externally-funded startups. This move, reported by Bloomberg, allows Rivian to monetize its engineering expertise and secure new funding without…
BYD to Double European Dealers to 2,000 by 2026, Confirms Multi-Factory ‘Localization’ Strategy
Chinese automaker BYD is aggressively accelerating its European expansion, confirming plans to double its sales network to 2,000 locations by the end of 2026. The move is part of a broad “localization” strategy to build vehicles inside Europe, effectively neutralizing…
California Airport Pioneers V2G Technology: Nissan Leafs Power Critical Infrastructure Through Bidirectional Charging
A groundbreaking vehicle-to-grid project at California’s Redwood Coast Airport is demonstrating how electric vehicles can serve as more than just transportation—they’re becoming mobile power plants that strengthen grid resilience and reduce costs. PG&E, Nissan, Fermata Energy, and the Schatz Energy…
Tesla Eliminates Down Payment On Model Y Leases, Adds Free Upgrades In Aggressive Post-Tax-Credit Push
Tesla has eliminated the down payment requirement on U.S. Model Y leases while adding a free upgrade option, marking the automaker’s most aggressive pricing move since the federal EV tax credit expired six weeks ago. The promotion effectively reduces the…
Biden’s $5 Billion EV Charging Program Failed Politically But Won On Policy. Then Survived Trump’s Attempt To Kill It
President Biden promised a national network of 500,000 EV chargers would “sprout up very quickly.” Four years later, only 25 charging locations had opened, handing Donald Trump perfect campaign ammunition to mock the program as government waste. But beneath the…
South Korea Boosts EV Subsidies 20% To Counter Trump Tariffs As Hyundai-Kia Struggle
South Korea announced Friday it will increase electric vehicle subsidies by 20% in 2026 as part of a broader support package designed to help the country’s automakers survive the Trump administration’s punishing tariffs. The move signals Seoul’s willingness to fight…
VW And Rivian Eye Licensing EV Tech To Rivals As Post-Tax Credit Market Reshapes Industry
Volkswagen and Rivian are exploring opportunities to license their jointly-developed electric vehicle platform to competing automakers, marking a strategic shift that could transform the $5.8 billion partnership from an exclusive collaboration into an industry-wide technology provider. The announcement came during…
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