Trump Administration Orders Shutdown of EV Chargers at Federal Buildings, Signaling Major Policy Shift
In a striking reversal of electric vehicle (EV) support, the Trump administration has directed the shutdown of EV chargers at federal buildings across the United States. This decision, reported by Bloomberg, underscores a broader effort to dismantle pro-EV initiatives established…
Tesla Sales Plummet in Europe Amid Brand Image Concerns and Rising Competition
Tesla’s European sales have plummeted by 45% year-over-year, with vehicle registrations dropping from 18,161 in January 2024 to just 9,945 in January 2025, according to the European Automobile Manufacturers’ Association (ACEA). This sharp decline, reported by The Washington Post in…
Lucid Motors CEO Steps Down Amid Financial Challenges and Gravity SUV Launch
Lucid Motors announced on February 25, 2025, that CEO Peter Rawlinson is stepping down effective immediately, transitioning to the role of Strategic Technical Advisor to the Chairman of the Board. Chief Operating Officer Marc Winterhoff has been named interim CEO…
Norway Achieves Historic 89% EV Market Share in 2024, Setting Global Benchmark
Norway has achieved an unprecedented milestone in electric vehicle adoption, with battery-electric vehicles accounting for 88.9% of all new car sales in 2024, up from 82.4% the previous year according to data from the Norwegian Road Federation (OFV). This remarkable…
Tesla Set to Miss 2024 Delivery Target Despite Record Quarter
Tesla is poised to fall short of its annual delivery goals for 2024, despite what’s likely to be another record-setting quarter. Industry analysts reportedly project Q4 deliveries of around 506,763 vehicles, which would leave the electric vehicle maker slightly below…
Hertz Offers Deep Discounts to Renters as It Offloads EV Fleet
Hertz is taking an innovative approach to reducing its electric vehicle fleet, offering significant discounts to current renters who might be interested in purchasing their rental vehicles. The rental giant is listing 2023 Tesla Model 3s for as low as…
Milwaukee Secures $15M Federal Grant to Quadruple Public EV Charging Network
Milwaukee is set to dramatically expand its electric vehicle charging infrastructure through a $14.96 million federal grant, addressing critical gaps in charging accessibility while prioritizing historically underserved communities. The Department of Transportation’s Charging and Fueling Infrastructure program funding will enable…
BYD Contractor Denies Labor Violation Claims at Brazilian Factory Site
Chinese electric vehicle manufacturer BYD’s contractor Jinjiang Group has strongly refuted allegations of “slavery-like conditions” at its Brazilian factory construction site, characterizing the claims as a misunderstanding stemming from translation and cultural differences, reports Reuters. The controversy emerged after Brazilian…
Tesla Model Q: A $30,000 Compact EV Signals Major Market Shift
Tesla appears poised to enter the competitive compact electric vehicle segment with its long-rumored affordable model, now dubbed the Model Q. According to a Deutsche Bank investor report, the automaker plans to launch this strategic entry-level vehicle in the first…
China’s EV Surge Signals Structural Shift in Global Oil Markets
China’s rapid electric vehicle adoption is creating unprecedented pressure on traditional oil markets, with potential long-term implications for global energy dynamics. The world’s largest automotive market is witnessing a fundamental transformation as electric vehicles capture over 50% of new passenger…
Autonomous Vehicle Race Intensifies: Industry Faces Profitability Challenge in 2025
The autonomous driving landscape is poised for a significant shift in 2025, as manufacturers race to integrate advanced driver assistance systems (ADAS) despite uncertain profit prospects. According to McKinsey analysis, the autonomous driving market could reach $400 billion by 2035,…
Honda and Nissan Explore Factory Sharing in Deepening Partnership
Japanese automotive giants Honda and Nissan are considering a significant expansion of their strategic partnership that could include shared vehicle production facilities, marking a potential shift in Japan’s automotive landscape. The development follows their March 2024 agreement to collaborate on…
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