Tesla Reverses Course on Lease Buyouts, Signaling Shift in Autonomous Vehicle Strategy
Tesla has made a significant pivot in its leasing strategy, now allowing customers to purchase their vehicles at lease-end across its entire lineup. This policy shift, announced on November 27, 2024, marks a notable departure from the company’s previous stance…
Trump’s Potential Auto Tariffs Could Impact Japanese EV Production
Japanese automakers, including their emerging EV divisions, might face new challenges as incoming U.S. President Donald Trump considers imposing significant tariffs on Japanese vehicle exports, according to Moody’s Analytics senior economist Stefan Angrick in a recent interview. Campaign Promises and…
Tesla’s Supercharger Network Opens to All EVs, But Adapters Mark Long Transition Ahead
In a transformative development for electric vehicle infrastructure, Tesla’s highly regarded Supercharger network is now welcoming other EV brands – though drivers need specialized adapters to bridge the technology gap, according to a report from NPR. The Victory of Tesla’s…
European EV Battery Champion Northvolt Files for Bankruptcy Amid Cash Crisis
Swedish EV battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the US, with only enough cash to keep operations running for about a week, according to Reuters. Financial Struggles Hit Hard The company, which produces battery cells…
Detroit’s $146B Bet on EVs Faces Trump Threat: Automakers Fight to Keep Biden Rules
In a dramatic shift from traditional industry-regulator dynamics, America’s largest automakers are quietly strategizing to preserve Biden’s EV mandates despite Trump’s promises to eliminate them, according to a New York Times report. The High-Stakes EV Transition The auto industry finds…
BMW Kicks Off Pre-Production of Revolutionary Neue Klasse EVs in Hungary
BMW’s taking a major step forward in its EV journey, starting pre-production of its first Neue Klasse electric vehicles at their brand-new plant in Debrecen, Hungary, according to Motor Authority. New iX3 Leading the Charge The first Neue Klasse vehicle…
Nio Faces Headwinds as China’s EV Price War Intensifies
Premium EV maker Nio reported disappointing third-quarter results as intense price competition in China’s electric vehicle market continues to squeeze margins and impact sales targets, reports Bloomberg. Revenue Growth Overshadowed by Losses The Chinese automaker posted revenue of 18.7 billion…
EU Tightens Grip on Chinese EV Imports with New IP Requirements and Tariffs
The European Union is ramping up its defensive stance against Chinese electric vehicle imports through a combination of increased tariffs and new intellectual property sharing requirements, according to reporting from the Financial Times. New Rules for Chinese EV Companies Brussels…
Retailers Find Gold in EV Charging: From Loss Leader to Profit Center
Major retailers are discovering that EV charging stations aren’t just customer amenities – they’re becoming serious profit centers and transformative business opportunities, according to a New York Times report published today. The shift represents a dramatic evolution in how businesses…
Tesla’s Next-Gen V4 Superchargers to Pack Serious Power Punch in 2025
Tesla’s upcoming V4 Supercharger stations are about to take EV charging to new heights, with support for up to 500kW charging for passenger EVs and a massive 1.2MW capability for Tesla Semi trucks, according to recent permit filings, reports The…
China’s EV Dominance Faces Global Tariff Headwinds as Production Hits 10 Million
China just hit a massive milestone in its EV revolution, with its 10 millionth electric vehicle rolling off production lines – beating 2023’s output seven weeks early according to a report from OilPrice.com. Record-Breaking Growth Despite Economic Challenges Chinese EV…
Tesla Launches Bold Year-End Push with Free Supercharging and FSD Trial Offer
According to Tesla insider and industry analyst Sawyer Merritt, Tesla is making an aggressive move to boost year-end deliveries by offering three months of complimentary Supercharging and Full Self-Driving (Supervised) access for new vehicle orders in North America. Promotion Details…
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