In a bold move that signals a new era of urban mobility, Toyota Motor Corporation is soaring to new heights with a hefty $500 million investment in Joby Aviation’s electric air taxi dream. This groundbreaking announcement cements Toyota’s position as…
Tesla’s global deliveries bounced back in Q3 2024, marking the company’s first quarterly increase this year. This upturn comes as a relief after earlier declines had sparked worries on Wall Street about Tesla’s growth potential in the EV market. According…
A recent report from the New York Post has uncovered alarming claims about privacy issues in Chinese-made electric vehicles, specifically those manufactured by BYD. Owners have reported that these EVs might have a hidden feature allowing external parties to listen…
General Motors (GM) has reported a significant boost in its electric vehicle sales for the third quarter of 2024, according to their latest sales results. The automaker’s EV deliveries surged by 60% year-over-year, reaching a record 32,095 units. Record-Breaking Quarter…
The U.S. Treasury has reported a significant milestone in electric vehicle (EV) adoption, with $2 billion in tax credits issued for over 300,000 EVs since January 1st. This surge in EV purchases comes as new point-of-sale tax credit rules took…
BYD, China’s leading electric vehicle manufacturer, is recalling almost 97,000 EVs due to a manufacturing defect that could lead to fire risks, according to Reuters. The Recall Details The recall affects Dolphin and Yuan Plus models made in China between…
Deutsche Bank analyst Edison Yu has maintained a Buy rating on Tesla (TSLA) with a price target of $295.00, according to a report from TipRanks. This optimistic outlook stems from Tesla’s anticipated strong performance in Q3 2024 and exciting developments…
BMW’s Urban-X platform stole the show at Climate Week NYC 2024, showcasing cutting-edge solutions for urban sustainability. The automaker’s initiative, born from its MINI subsidiary, is tackling the infrastructure gap hindering widespread EV adoption head-on, reports Design Boom. BMW, long…
In a surprising turn of events, Volvo, once a trailblazer in the electric vehicle revolution, is now easing off the accelerator on its ambitious all-electric plans. This strategic shift comes as the Swedish automaker grapples with a market that’s not…
Battery-electric vehicles (BEVs) are maintaining their foothold in the US auto market, defying a broader slowdown in new vehicle sales. According to estimates from S&P Global Mobility, BEVs claimed 8% of new vehicle sales in June and July, with September…
The US Commerce Department has proposed a far-reaching rule that could effectively ban Chinese-developed software and connectivity-related hardware in cars sold in the United States. This move, reported by The New York Times, is part of a broader effort by…
A groundbreaking discovery by researchers at Georgia Tech could revolutionize the electric vehicle industry. The team has developed a new cathode material for lithium-ion batteries that costs just 1-2% of traditional materials with similar capacity. This breakthrough, reported by The…
Nio Inc., a leading Chinese electric vehicle manufacturer, is voicing strong opposition to recent tariff measures proposed by the United States and European Union on Chinese EVs. This pushback comes amidst rising trade tensions and debates over fair competition in…
Siemens is carving out its electric vehicle (EV) charging business, aiming to charge up growth in this booming sector. The German industrial giant announced on Monday that it plans to separate its Siemens eMobility unit, combining it with recently acquired…
The automotive world is buzzing after former President Donald Trump reportedly suggested imposing a 100% tariff on cars imported from Mexico if he wins the upcoming presidential election. This statement, shared by Sawyer Merritt on X, has sparked discussions about…
Investment firm Nightview Capital has released a new blog post highlighting the long-term potential of autonomous driving technology, particularly for Tesla. The post, shared by Sawyer Merritt on X, argues that autonomy is “the killer app for real-world artificial intelligence”…
Lucid Motors recently held an event at the Henry Ford Museum, putting its electric vehicles in the spotlight against a backdrop of automotive history. The showcase featured the Lucid Air sedan and the upcoming Lucid Gravity SUV, as reported by…
GM’s electric vehicle ambitions are ramping up, despite falling short of earlier targets. The automaker is betting on an expanding EV lineup to boost sales and catch up to competitors, according to a recent CNBC report. Let’s dive into the…
Spy shots of Nio’s upcoming Firefly electric vehicle have surfaced, giving us our first glimpse of the interior. Auto Home, a local automotive media outlet, shared these images revealing key details about Nio’s third brand. Dual-Screen Setup and Steering Wheel…
Lucid Motors, the California-based electric vehicle manufacturer, has officially opened a new office in Southfield, Michigan, just 15 miles from Detroit. This strategic move reportedly aims to bolster the company’s production capabilities by tapping into the rich talent pool of…
Nevada’s journey to build out its electric vehicle (EV) charging network has been slow and disjointed, according to a report by The Nevada Independent. Despite ambitious plans and significant funding, the state has struggled to create a comprehensive EV charging…
The Biden administration is revving up efforts to ban Chinese-made software for electric and connected vehicles, citing significant cybersecurity risks. This bold move, as reported by Bloomberg, stems from an in-depth investigation into potential threats that Chinese vehicle software could…
NPR’s Camila Domonoske recently explored why some Americans are becoming less convinced about the environmental benefits of electric vehicles, despite substantial evidence supporting their positive impact. This shift in public opinion comes at a crucial time for the EV industry…
BYD, the Chinese electric vehicle giant, is making significant headway in Southeast Asian markets, particularly in Singapore and Malaysia. This success is largely attributed to the company’s swift adaptation to local requirements, according to Fortune. The Right-Hand Drive Advantage Jeffrey…
The Tesla Cybertruck is making waves in an unexpected arena: hip-hop culture. According to reports from Sawyer Merritt, the futuristic electric pickup has become a hot topic among some of the biggest names in rap. DaBaby’s Cybertruck Album Cover Grammy-nominated…
Lucid, the electric vehicle startup that’s made waves with its Air sedan, is gearing up for a major expansion. According to a recent MotorTrend report, the company’s ambitious plans include launching the Lucid Gravity SUV and developing a new midsize…
Ford’s electric vehicle ambitions have hit some roadblocks, as reported by The New York Times. The automaker is facing challenges with its Mustang Mach-E and has cancelled plans for a three-row electric SUV. Mach-E Troubles and Market Realities The Mustang…
The U.S. Department of Energy (DOE) just dropped a bombshell in the EV world, announcing $355 million in federal funding for EV battery manufacturing projects across Michigan. This cash injection, courtesy of the Bipartisan Infrastructure Law, is set to supercharge…
Stellantis is navigating rough waters as it pushes forward with its electric vehicle strategy in the U.S. According to a recent report from Automotive News, the automaker is facing significant resistance from both its dealership network and the United Auto…
The electric vehicle (EV) market is heating up, and Tesla’s Model Y is making waves. According to a recent report by Wolf Richter for WOLF STREET, the Model Y is now a hair’s breadth away from becoming the best-selling model…
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