Volex, a leading cable manufacturer, reported a 25% profit increase for the year ending March 2025, driven by soaring demand for its electric vehicle (EV) chargers. Despite concerns over U.S. tariffs under President Trump, the company’s strategic global operations and…
Xiaomi Corp.’s stock soared 8% to an all-time high after its $35,360 YU7 electric SUV, unveiled on June 26, 2025, drew an impressive 289,000 pre-orders in just one hour, signaling strong demand in China’s competitive EV market. Priced at 253,500…
Tesla’s vice president of sales and manufacturing for North America and Europe, Omead Afshar, has left the electric vehicle (EV) giant, marking another high-profile exit as the company navigates declining sales and a pivot to autonomous technology. The departure, confirmed…
The dream of fully autonomous cars continues to stall, leaving electric vehicle (EV) enthusiasts and industry watchers intrigued yet cautious. Despite early optimism following the US military’s Darpa challenge two decades ago, progress toward Level 5 self-driving cars—capable of driving…
In May 2025, Tesla’s European sales plummeted for the fifth consecutive month, with only 8,729 vehicles sold across the European Union—a 40.5% decline from the 14,682 units sold in May 2024, according to data from the European Automobile Manufacturers Association.…
Tesla’s robotaxi trials in Austin, Texas, have hit roadblocks, with videos from riders revealing multiple driving errors just days into the public test. The incidents, reported by Reuters, highlight challenges in Tesla’s self-driving software as the company pushes toward autonomous…
The 2026 Cadillac Optiq compact crossover will lead General Motors’ charge into Tesla’s charging ecosystem, becoming the first GM electric vehicle equipped with a native North American Charging Standard (NACS) port, reports Automotive News. This shift, announced by Cadillac, marks…
Europe’s electric vehicle (EV) market gained momentum in May 2025, with new-car registrations climbing 1.9% to 1.11 million units, according to the European Automobile Manufacturers’ Association. This uptick, driven by robust demand for plug-in hybrids and battery-electric cars, signals a…
Starting September 1, 2025, Ford Motor Company will require most of its global salaried workforce to return to the office four days a week, a move aimed at boosting performance as the automaker accelerates its electric vehicle (EV) ambitions. Announced…
On Tuesday, June 23, 2025, Cadillac delivered its first Celestiq, a hand-built electric sedan that signals a bold step into the ultra-luxury EV market. Priced from $340,000, the Celestiq was handed over at General Motors’ Global Technical Center in Warren,…
Lucid Motors is advocating for the $7,500 EV tax credit to remain in place for emerging automakers through 2026, arguing it levels the playing field against established brands. Interim CEO Marc Winterhoff emphasized fairness, noting that legacy manufacturers have long…
A dramatic incident unfolded in the Pacific Ocean late Monday when the Morning Midas, a car carrier transporting electric vehicles (EVs), sank after a fire raged on its deck for weeks. The 600-foot-long vessel, which had been adrift since June…
The 2026 Kia EV4, the brand’s first global electric sedan, is set to challenge the Tesla Model 3 with a compelling mix of range, affordability, and modern design. Priced at approximately $31,000 in Korea, the EV4 offers up to 330…
On June 19, 2025, over 200 Tesla vehicles, including dozens of Cybertrucks, were removed from Hunter’s Square shopping center in Farmington Hills, Michigan, following a court order citing zoning violations. The decision, reported by Crain’s Detroit Business, highlights tensions between…
Land Rover is gearing up to disrupt the luxury electric vehicle (EV) market with the launch of a rugged, entry-level Defender SUV, blending its iconic off-road heritage with cutting-edge electric technology. According to a recent article from AutoWeek, the British…
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