Porsche is electrifying its iconic Cayenne SUV with a fully electric fourth-generation model set to launch this year, marking a significant leap in the luxury electric vehicle (EV) market. Confirmed by the automaker, this new Cayenne will ditch traditional engines…
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…
A groundbreaking electric vehicle (EV) from a female-founded startup aims to rival luxury giants like Rolls-Royce, boasting 800 horsepower and a $500,000 price tag. Dacora, launched by MIT-trained engineers Kristie and Eric D’Ambrosio-Correll, introduces the first model in its ambitious…
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…
Rivian is revolutionizing the electric vehicle (EV) charging landscape with a comprehensive software update that enhances charging speed, provides detailed energy insights, and simplifies the process for owners. This overhaul reportedly targets Rivian’s first- and second-generation EVs, aiming to deliver…
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…
AESC, a Japanese battery manufacturer, has paused construction on its $1.6 billion factory in Florence, South Carolina, designed to supply batteries for BMW’s electric vehicles (EVs). The decision, stems from uncertainties in federal EV policies and potential tariff changes under…
A growing rift between U.S. President Donald Trump and Tesla CEO Elon Musk has sparked concerns for the electric vehicle (EV) industry, as the two clash over a tax-cut bill that could reshape federal spending and EV market dynamics. According…
Tesla is pushing to block the city of Austin, Texas, from releasing public records about its planned robotaxi launch, sparking a debate over transparency as the electric vehicle giant prepares to roll out self-driving taxis this month. According to Reuters,…
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 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…
A recent Forbes report reveals growing discontent among Tesla’s major shareholders, with pension funds and state officials urging the electric vehicle (EV) giant’s board to replace CEO Elon Musk. A consumer sentiment survey highlights that 51% of EV-curious adults view…
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…
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…
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…
Tesla has reportedly moved away from its long-anticipated $25,000 electric vehicle (EV), often dubbed the Model 2, with the company now prioritizing more affordable versions of its Model 3 sedan and Model Y compact SUV. This strategic pivot, detailed in…
Chinese electric vehicle (EV) manufacturers are accelerating past Tesla, posting record-breaking sales in May 2025, according to a recent Barron’s report. Companies like Li Auto, XPeng, and NIO delivered nearly 98,000 vehicles combined, a 50% surge compared to last year,…
A YouTuber recently flew a drone over Tesla’s Fremont test track, capturing footage of what appears to be a prototype for Tesla’s long-awaited affordable electric vehicle (EV). Shared by the account “Met God in Wilderness,” the video has sparked excitement…
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