BYD, the Chinese electric vehicle (EV) giant that recently surpassed Tesla as the world’s largest EV maker, is reportedly set to transform the European EV landscape with its new 5-minute flash chargers. Announced by BYD’s executive vice president Stella Li…
BMW is set to redefine electric vehicle (EV) performance with the unveiling of the iX3 prototype, marking a significant leap forward under its innovative Neue Klasse platform. This all-new electric SUV, driven and reviewed by Autocar’s Greg Kable in southern…
Tesla Promotes Aggressive Model Y Lease Deals for June 2025
Volkswagen is rethinking its electric vehicle (EV) ambitions as demand cools, delaying its all-new Scalable Systems Platform (SSP) and integrating range-extending gas engines into the mix. Published by Autoblog, this strategic pivot marks a significant turn for the German automaker,…
Maruti Suzuki, has dramatically reduced its near-term production targets for the e-Vitara electric SUV by two-thirds due to a critical shortage of rare earth materials, signaling fresh challenges for the global EV industry. The news, reported by Reuters, reveals the…
Tesla has rolled out an enticing new lease offer for the 2025 Model 3, making electric vehicle (EV) ownership more accessible with monthly payments starting at just $349. This deal targets EV enthusiasts and potential first-time buyers, offering a compelling…
Zambia, Africa’s second-largest copper producer, is making bold moves to transform its rich mineral resources into a hub for electric vehicle (EV) component manufacturing. Finance Minister Situmbeko Musokotwane recently confirmed ongoing talks with global carmakers to establish production plants near…
The electric vehicle (EV) industry in China is witnessing a fierce price war, with BYD at the center of escalating tensions among top manufacturers. A recent Reuters article, highlights how competitors Great Wall Motor and Geely have challenged BYD’s pricing…
Tesla’s Model Y is making headlines with a stunning sales recovery in Norway and Australia, defying challenges faced elsewhere. According to a recent Forbes article, the electric vehicle (EV) giant reported a 213% sales increase in Norway, selling 2,600 cars…
China’s tightened export controls on rare-earth minerals, critical for electric vehicle (EV) production, have sent automakers and suppliers into a frenzy, with some factories facing potential shutdowns by mid-July 2025. Reuters reports that the restrictions, targeting elements like gallium and…
France is turning to Renault, a leader in electric vehicle (EV) manufacturing, to explore drone production for Ukraine’s defense, signaling a bold crossover of EV expertise into military technology. Renault confirmed to Reuters that the French defense ministry has approached…
Tesla fans and electric vehicle (EV) enthusiasts are buzzing with anticipation as the company prepares to launch production of a new, more affordable model this month. The automaker, known for its innovative battery technology and autonomous driving features, has confirmed…
Tesla’s market value plummeted by $380 billion USD in 2025, marking the largest loss among top global companies and raising concerns for electric vehicle (EV) enthusiasts and industry professionals. This dramatic drop, driven by declining EV demand and Chief Executive…
President Donald Trump is parting ways with his Tesla Model S after a public falling out with Tesla CEO Elon Musk, a move that underscores tensions between the two influential figures and raises questions about the electric vehicle (EV) industry’s…
A growing number of Tesla drivers in the UK are trading in their electric vehicles (EVs) for Polestar models, with Polestar’s UK managing director reporting conversions at a “fairly high rate.” This shift comes as Tesla faces a steep 36%…
Chinese authorities have called on major electric vehicle (EV) manufacturers, including BYD, to halt aggressive price wars that are threatening the industry’s stability, according to a recent meeting in Beijing. Reported by Bloomberg the Ministry of Industry and Information Technology…
Today, Tesla’s stock plummeted 16% as a public feud between CEO Elon Musk and President Donald Trump intensified, threatening federal subsidies critical to the electric vehicle (EV) maker’s growth. The clash, fueled by Musk’s provocative claim about Trump’s ties to…
Tesla’s China-made electric vehicle (EV) sales fell 15% year-over-year in May 2025, marking the eighth consecutive month of decline, according to a recent Reuters report. The drop highlights the intense competition in China, the world’s largest auto market, where price…
Tesla’s dominance in China’s electric vehicle (EV) market is crumbling, with shipments from its Shanghai factory dropping 15% in May 2025 compared to the previous year, marking the eighth consecutive month of decline. According to a recent Bloomberg article, this…
UK new car sales rose in May 2025, with electric vehicles (EVs) leading the charge thanks to heavy discounts, according to Reuters. Total registrations climbed 1.6% year-over-year to 150,070 units, marking the best May performance since 2021. EV Discounts Fuel…
In May 2025, UK new car registrations rose by 1.6% to 150,000 units, with all-electric vehicles (EVs) making up 32,000 of those sales—a 25% jump from the same month last year. However, Tesla, a former EV market leader, saw its…
Lucid Motors is making waves in the electric vehicle (EV) industry by rolling out attractive pricing and incentives for its 2025 Lucid Air lineup, as announced on their official website. With lease options starting as low as $519 per month…
Morgan Stanley has reportedly proposed that Tesla, a leader in electric vehicles, could extend its technological prowess into drone manufacturing, potentially reshaping both industries. While Tesla has not confirmed any plans to enter the drone sector, the investment bank believes…
Volvo Cars, a leader in the electric vehicle (EV) sector, saw a 12% decline in global sales for May 2025, totaling 59,822 vehicles compared to the previous year, according to a Reuters report. This downturn highlights the broader struggles within…
Germany’s latest proposal to encourage businesses to adopt electric vehicles (EVs) through a tax break has been met with skepticism by the auto industry, potentially slowing the transition to cleaner transportation. According to a Bloomberg report, the plan, which allows…
Chinese electric vehicle (EV) manufacturer NIO Inc. is making bold moves to achieve financial stability, announcing a significant reduction in research and development (R&D) spending as part of its strategy to reach break-even by the fourth quarter of 2025. The…
DHL announced a partnership with Daimler Truck and hylane GmbH to rent 30 electric Mercedes-Benz eActros 600 trucks for parcel transport in Germany, a move aimed at cutting CO₂ emissions in heavy freight. Reported by Reuters, this deal marks a…
Tesla’s new car sales in Spain and Portugal took a significant hit in May 2025, dropping sharply from the same month in 2024, while other electric vehicle (EV) brands, particularly from China, saw impressive gains. According to industry data released…
ARK Investment Management, led by renowned investor Cathie Wood, has sold off a significant portion of its Tesla stock just weeks before the electric vehicle (EV) giant launches its much-anticipated robotaxi service in Austin, Texas. This move, detailed in a…
India has rolled out its new electric vehicle (EV) policy aimed at attracting global automakers with reduced import taxes, but Tesla is showing reluctance to set up local manufacturing, a federal minister revealed. This development, reported by Reuters, could reshape…
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