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…
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 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…
The UK Ministry of Defence is considering a blanket prohibition on Chinese-manufactured electric vehicles for military personnel, citing concerns that built-in cameras and microphones could enable espionage. The move follows months of restrictions at sensitive military sites and mirrors security…
Xiaomi’s EV division posts a $98 million profit in Q3 2025, validating a “ruthlessly efficient” consumer tech strategy that puts Apple’s failed car project to shame. Xiaomi has achieved the holy grail of the electric vehicle industry—profitability—in record time, reports…
Tesla has officially reached a massive infrastructure milestone, installing its 75,000th global Supercharger stall in Tasmania, Australia. The automaker celebrated the achievement on November 19, 2025, by unveiling a commemorative “Glacier Blue” V4 stall at the South Hobart Smart Store,…
President Donald Trump highlighted a vehicle loan interest tax deduction during a November 19, 2025 speech, specifically mentioning Tesla and claiming the policy helps “middle income people” afford cars—four months after the same legislation eliminated the $7,500 EV tax credit…
BMW just proved its new iX3 electric SUV can travel farther on a single charge than most drivers will ever attempt in one day. A BMW team drove the 2026 iX3 over 1,000 kilometers (626 miles) from the automaker’s Debrecen,…
Porsche unveiled the 2026 Cayenne Electric today, crowning it the most powerful production vehicle in the German automaker’s 77-year history with a staggering 1,139 horsepower. The launch comes just weeks after Porsche posted a $1.1 billion quarterly loss and declared…
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…
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…
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…
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 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…
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…
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 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…
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…
The Detroit News reports that two years after promising an electric vehicle manufacturing revolution, America’s Battery Belt has collapsed into a landscape of stalled construction sites, mass layoffs, and desperate pivots to non-EV products. Despite $28 billion in taxpayer subsidies,…
Tesla is internally testing Apple CarPlay integration after years of CEO Elon Musk dismissing the feature as unnecessary, Bloomberg reported today. The stunning reversal comes as the electric vehicle maker faces collapsing sales across global markets and increased pressure following…
Toyota began production Wednesday at its $13.9 billion North Carolina battery plant and announced an additional $10 billion investment over five years—a massive bet on hybrid vehicles timed perfectly with the Trump administration’s rollback of EV mandates. The facility in…
The International Energy Agency has dramatically reversed its stance on peak oil demand, reinstating a scenario where global consumption continues growing through 2050—a stunning pivot driven primarily by slower-than-expected electric vehicle adoption worldwide. The Paris-based IEA released its World Energy…
Chinese automakers are gaming their sales numbers by registering unsold electric vehicles to dealerships, who then dump them as discounted “used” cars that have never been driven. The practice has become so widespread that China’s Communist Party is now trying…
Chinese-owned electric vehicle maker Polestar announced a reverse stock split on Wednesday as the struggling automaker fights to maintain its Nasdaq listing while reporting a widening third-quarter net loss of $365 million—up from $323 million in the same period last…
Tesla is ramping up hiring for its $200 million Megapack battery factory in Brookshire, Texas, just outside Houston, with 41 positions currently posted and a job fair scheduled for the week of November 10, 2025. The facility represents Tesla’s aggressive…
Tesla’s China sales collapsed to 26,006 vehicles in October 2024, marking a three-year low as the electric vehicle maker struggles with tepid demand in the world’s most competitive EV market. The 35.8% year-over-year decline represents a stunning reversal from September’s…
Ford Motor Company declined to provide any timeline for restarting production of the F-150 Lightning electric pickup truck, fueling speculation that the automaker may permanently discontinue its flagship EV amid mounting losses and weakening demand following the September 30 federal…
Tesla lost two of its most critical vehicle program managers on the same day, with Model Y chief Emmanuel Lamacchia and Cybertruck lead Siddhant Awasthi both announcing their departures Sunday. The double exit marks the final collapse of Tesla’s vehicle…
Tesla shareholders voted Thursday to approve CEO Elon Musk’s unprecedented $1 trillion compensation package, potentially making him the world’s first trillionaire—despite collapsing European sales, mounting brand damage from political controversies, and serious questions about whether the world’s largest executive pay…
Ford Motor Company executives are actively discussing whether to permanently discontinue the F-150 Lightning electric pickup truck, according to a Wall Street Journal report published November 6, 2025. The deliberations mark a dramatic reversal for a vehicle Ford once compared…
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