
Ford’s Michigan Battery Plant Secures Tax Credits, Boosting Affordable EV Production
In a last-minute reprieve, Ford Motor’s $3 billion battery factory in Marshall, Michigan, will retain federal tax credits despite a controversial budget bill, ensuring the production of cost-effective electric vehicle (EV) batteries, the carmaker announced this week. The NYT reports…

ArcBest’s Tesla Semi Pilot Signals Bright Future for Class 8 Electric Trucks
On July 9, 2025, ArcBest, a leading logistics provider, announced the successful completion of a pilot program testing a Tesla Semi in over-the-road freight operations, marking a significant step toward integrating Class 8 electric trucks into mainstream logistics. Conducted through…

LG Energy Solution’s Q2 2025 Profit Surges 152% on EV Battery Demand
South Korea’s LG Energy Solution (LGES), a leading supplier of electric vehicle (EV) batteries for giants like Tesla and General Motors, reported a remarkable 152% increase in its second-quarter operating profit for 2025, reaching 492 billion won ($360.94 million), according…

EV Sales Surge as $7,500 U.S. Tax Credit Nears September 30 Deadline
Electric vehicle (EV) sales are poised for a significant boost as automakers and dealers urge buyers to act before a $7,500 federal tax credit expires on September 30, 2025. With Congress set to eliminate the subsidy through recent tax and…

BYD’s New Brazil Factory to Boost Electric Vehicle Production by July 2025
Chinese electric vehicle giant BYD is set to launch its first assembly plant in Brazil this month, a strategic move to localize production and counter rising import tariffs in its largest foreign market. According to Reuters, the Bahia facility will…

Honda Scraps Large Electric SUV Plans Amid Slumping U.S. EV Demand
Honda Motor has canceled its development of a large electric SUV targeted for a 2027 release, citing declining electric vehicle (EV) demand in the United States, according to a Nikkei Asia report. This decision reflects broader industry shifts as automakers…

EU’s 2035 Zero-Emission Car Target Could Save 1 Million Jobs, Boost EV Industry
A new study reveals that upholding the European Union’s 2035 zero-emission car target could safeguard 1 million auto industry jobs and drive significant growth in electric vehicle (EV) production. Published by Transport & Environment (T&E), the report underscores the critical…

Tesla Model Y Driver Escapes with Minor Injuries in Devastating Guardrail Crash
A Tesla Model Y driver walked away with only minor injuries despite a catastrophic crash on Interstate 5 near Los Banos, California, early this morning, leaving the vehicle completely destroyed. Reported by the California Highway Patrol (CHP) Los Banos on…

Tesla Slashes Model Y Lease Prices with New July Deals
Tesla has rolled out compelling lease offers for the 2025 Model Y, making the popular electric SUV more accessible to EV enthusiasts. With monthly payments starting at $399 and flexible down payment options, these nationwide deals, detailed on Tesla’s official…

Tesla’s Solar-Powered Supercharger Oasis Redefines EV Charging in California
Tesla unveiled the first phase of its groundbreaking “Oasis” Supercharger station in Lost Hills, California, a fully off-grid, solar-powered facility along the busy I-5 corridor between San Francisco and Los Angeles. This megasite, equipped with 84 operational V4 Supercharger stalls…

Tesla Stock Plunges 7% as Musk’s Political Party Sparks Brand Concerns
Shares of Tesla, a leading electric vehicle (EV) manufacturer, are set to drop sharply after CEO Elon Musk announced the formation of a new political party, the “America Party,” raising fears among investors that his political ventures could harm the…

Tesla’s EV Credit Windfall in Canada Sparks Industry Debate
Tesla’s dominance in electric vehicle (EV) production is poised to yield significant profits from Canada’s new zero-emission vehicle (ZEV) mandates, fueling tensions with traditional automakers. According to a recent analysis, Tesla earned $2.8 billion globally in 2024 from selling compliance…
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