Chinese electric vehicle giant BYD and metals group Tsingshan have scrapped their plans to build lithium cathode plants in Chile, a move that could ripple through the electric vehicle (EV) battery supply chain, according to Chile’s economic development agency Corfo.…
Nissan Motor Co. has halted its $1.1 billion plan to construct an electric vehicle (EV) battery plant in Kitakyushu, Japan, as the company shifts focus to financial recovery amid a projected record net loss. Announced on May 9, 2025, this…
Chinese billionaire Eric Li’s decision to privatize Zeekr, a New York-listed electric vehicle (EV) brand, marks a significant shift for the company just one year after its U.S. initial public offering (IPO). According to a Forbes report, parent company Geely…
Kia is gearing up to launch the global version of its EV5 electric SUV in the third quarter of 2025, bringing a refined contender to the electric vehicle market. With production slated at Kia’s Autoland Gwangju plant in South Korea,…
Chinese electric vehicle (EV) giant BYD is setting its sights on global expansion, aiming for half of its sales to come from outside China by 2030, according to a recent report from CNEVPost. The company plans to drive growth primarily…
Tesla (TSLA) has hit a roadblock in its long-planned entry into India, with the departure of its India chief, Prashanth Menon, just as the electric vehicle (EV) giant prepares to launch in the world’s third-largest car market. According to a…
Ford Motor has increased prices on three of its Mexico-produced electric vehicles (EVs), including the Mustang Mach-E, due to tariffs imposed by U.S. President Donald Trump. The automaker announced the price hikes on May 7, 2025, citing mid-year pricing adjustments…
Legendary investor Bill Miller recently shared his insights on the electric vehicle (EV) market, stating that Tesla’s current valuation doesn’t justify its price while praising BYD’s advancements in self-driving technology. In a MarketWatch report, Miller, known for beating the S&P…
Tesla’s electric vehicle (EV) sales in China took a hit in April, falling 6% year-over-year, as the U.S. automaker faces fierce competition from Chinese rivals and struggles with a tarnished image in Europe, according to a recent Reuters report. This…
Huawei’s new luxury electric sedan, the Maextro S800, has officially revealed its interior, setting a new benchmark in the EV market with a cabin that surpasses even the iconic Rolls-Royce Phantom in tech and luxury. Launched under Huawei’s HIMA subsidiary,…
Audi has dropped fresh official photos of the E5 Sportback, a China-exclusive electric SUV that’s turning heads with its futuristic design and bold purple finish. Unveiled at Auto Shanghai 2025 on April 23, this model marks Audi’s strategic push into…
In a surprising turn for the electric vehicle (EV) industry, Tesla’s new car sales in the UK and Germany dropped to their lowest levels in over two years in April 2025, despite a broader surge in EV demand across Europe.…
BMW has unveiled its next-generation Gen6 electric powertrain, set to debut in the iX3 later this year, promising a transformative leap in efficiency, range, and performance for its Neue Klasse lineup. According to BMW’s official release, this modular 800-volt architecture…
In a striking blow to Tesla’s European market share, the electric vehicle (EV) giant saw its German sales drop by nearly half in April 2025, despite an overall surge in battery electric vehicle registrations. Data from Germany’s road traffic agency,…
Tesla’s new car sales in the UK dropped by a staggering 62% in April 2025, hitting their lowest point in over two years, according to data released by research group New AutoMotive. This decline comes as the electric vehicle (EV)…
On May 5, 2025, Onsemi announced a promising second-quarter revenue forecast, surpassing Wall Street expectations, driven by robust demand for its silicon carbide chips in electric vehicles (EVs). Despite economic uncertainties and looming U.S. tariffs, the chipmaker’s outlook signals a…
Chinese battery titan Contemporary Amperex Technology (CATL) has filed for a secondary listing on the Hong Kong Exchange, aiming to fuel its global expansion in the booming electric vehicle (EV) market. According to a Wall Street Journal report, analysts predict…
Ford Motor Company’s first-quarter profit nosedived 64%, dropping to $471 million from $1.3 billion a year earlier, as its electric vehicle (EV) division faltered and tariff-related costs loomed large, according to a Wall Street Journal report. The automaker also withdrew…
Tesla is intensifying its long-standing vision-only approach to autonomous driving in China, reportedly announcing plans to roll out its camera-based Full Self-Driving (FSD) system for mainland-assembled vehicles—pending Beijing’s approval. In a Weibo post on May 4, 2025, the U.S. electric…
Ford has pulled its annual guidance, bracing for a staggering $1.5 billion blow from U.S. President Donald Trump’s tariffs, the automaker announced on Monday, May 5, 2025. As reported by Reuters, this move comes amid uncertainty over the levies, which…
The Zeekr 007 GT, a sleek electric wagon from Geely’s premium EV brand, is turning heads with glowing reviews as it gears up for its European debut in Q2 2025. Branded as the Zeekr 7 GT in Europe, this “shooting…
At Auto Shanghai 2025, Toyota unveiled its sleek bZ7 electric sedan, a bold move to reclaim ground in China’s booming electric vehicle (EV) market, where Japanese automakers’ share has plummeted from 24.1% in 2020 to 13.7% in 2024, according to…
In the first quarter of 2025, Audi AG showcased a robust 30.1% surge in fully electric vehicle (EV) deliveries, reaching 46,371 units globally, despite a challenging economic landscape. This milestone, detailed in Audi’s Quarterly Update, underscores the premium automaker’s aggressive…
Volvo Cars, a Swedish automaker renowned for its sleek electric vehicles (EVs), reported a staggering 11% drop in overall sales for April, with fully electric models like the ES90 taking a brutal 32% hit, according to a Reuters report. This…
Tesla’s energy storage business, powering homes and grids with Megapack and Powerwall systems, delivered a lifeline in a tough first quarter of 2025, raking in $2.73 billion—a 67% jump from last year, according to Business Insider. Yet, while this side…
On April 27, the BYD Shenzhen, the world’s largest car carrier, embarked on its maiden voyage from Taicang port in Jiangsu Province, China, carrying a staggering 7,000 electric vehicles (EVs) destined for Brazil. According to FastCompany, this massive ship, owned…
In a surprising move, Tesla has introduced a 1.99% APR financing offer for its newly redesigned Model Y in the U.S., a clear sign of weaker-than-expected demand for the popular electric SUV. Announced on May 2, 2025, this incentive, available…
BYD’s premium Denza brand has unveiled the 2025 Denza Z, a near-production electric sports car concept designed to challenge the Porsche 911’s dominance in performance and prestige. Revealed with striking aerodynamics and cutting-edge tech, this sleek coupe and convertible aims…
Rivian Automotive’s stock soared this week after reports revealed the electric vehicle (EV) maker outsmarted looming U.S. tariffs by stockpiling critical battery materials from Asia. According to Bloomberg, Rivian quietly amassed lithium-iron phosphate (LFP) battery cells from China’s Gotion High-Tech…
Rivian, the electric vehicle (EV) innovator, is bracing for turbulence from President Trump’s new auto tariffs by stockpiling critical battery supplies, ensuring its production lines keep humming. According to a Bloomberg report, Rivian began amassing lithium-iron phosphate (LFP) battery cells…
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