Ford CEO Calls China’s EV Dominance a Wake-Up Call for U.S. Automakers
Ford CEO Jim Farley has sounded the alarm on China’s electric vehicle (EV) industry, describing its technological and cost advantages as a critical challenge for American automakers. Speaking at the Aspen Ideas Festival on June 27, 2025, Farley called China’s…
Tesla Q2 2025 Promotions for EV Enthusiasts Are About To Run Out!
As the clock ticks down on June 30, 2025, Tesla is still offering its last wave of Q2 promotions, providing electric vehicle (EV) owners and enthusiasts a chance to snag significant savings and upgrades across its lineup. Posted by industry…
Tesla Faces Q2 Delivery Shortfall but Retains Deutsche Bank’s Buy Rating
Tesla is projected to miss second-quarter delivery expectations, with Deutsche Bank forecasting 355,000 vehicles delivered against a consensus of over 380,000, according to Investing.com. Despite this, the bank maintains its Buy rating and $345.00 price target, citing Tesla’s long-term potential…
Tesla Cybertruck Sparks Grass Fire in Colorado, Raising EV Safety Concerns
On June 29, 2025, a Tesla Cybertruck towing a woodchipper ignited a half-acre grass fire in southwestern Colorado, prompting a multi-agency response and renewing discussions about electric vehicle (EV) safety during heavy-duty tasks. The incident, reported by KKTV, occurred on…
Tesla’s Robotaxi Pilot Sparks Optimism with $475 Stock Target Boost
On June 22, 2025, Tesla launched its invite-only Robotaxi pilot in Austin, Texas, igniting excitement among electric vehicle (EV) enthusiasts and investors. The limited rollout of Model Y vehicles, operating autonomously in a geofenced area, has reportedly prompted Benchmark to…
Tesla’s V4 Superchargers Launch in China, Boosting EV Charging for All Brands
Tesla has rolled out its first V4 Superchargers in China, a major step forward for electric vehicle (EV) charging infrastructure in the world’s largest EV market. Now operational in Shanghai, Chongqing, Gansu, and Zhejiang provinces, these advanced chargers promise faster…
European Automakers and Suppliers Unite to Build Open-Source Software Platform for EVs
On June 27, 2025, Volkswagen Group, BMW Group, Mercedes-Benz, and eight technology suppliers, including Bosch and Continental, signed a memorandum to develop a shared automotive software platform, aiming to challenge U.S. tech dominance in electric vehicle (EV) architectures, according to…
Cargo Ship Sinking Sparks $560M Loss for EV Industry
On June 3, 2025, the Morning Midas, a cargo ship carrying 3,048 Chinese vehicles, including 750 electric vehicles (EVs) and hybrids, caught fire and sank 20 days later, costing the industry an estimated $560 million, according to the Anderson Economic…
Auto Retailers Urge Senate to Preserve EV Tax Credits Amid Budget Talks
Auto retailers, including giants like CarMax and Carvana, are pressing the Senate to maintain electric vehicle (EV) tax credits in the upcoming budget bill, warning that their abrupt removal could destabilize dealerships heavily invested in EV infrastructure. A June 26…
Tesla’s 15-Year IPO Anniversary: From Roadster to $1 Trillion Valuation
On June 29, 2010, Tesla debuted on the Nasdaq with its electric Roadster, a two-seat sportscar offering a 236-mile range, marking the start of a transformative journey. Fifteen years later, Tesla’s stock has surged nearly 300-fold, turning a $10,000 investment…
Nancy Mace Urges Trump to Release $285M for Mercedes-Benz EV Plant in South Carolina
In a move highlighting the tension between Republican fiscal priorities and local economic benefits, Rep. Nancy Mace (R-South Carolina) has privately urged the Trump administration to release $285 million in federal funding for a Mercedes-Benz Vans plant northwest of Charleston…
VinFast Launches Second Vietnam EV Factory to Boost Affordable Urban Models
On June 29, 2025, Vietnamese electric vehicle (EV) manufacturer VinFast began production at its new Ha Tinh factory, a strategic move to scale up output of affordable mini urban models amid global expansion challenges. The facility, spanning 90 acres, aims…
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