FedEx Bets $160M on EV Startup Founded by Veterans of Failed Companies
The founders of Harbinger Motors have watched EV startups collapse from the inside. Now FedEx is betting they learned the right lessons. Harbinger Motors, a medium-duty electric truck chassis maker led by veterans of failed EV companies Faraday Future, Canoo,…
Tesla’s Global Sales Crisis Deepens: Europe Down 48.5%, China at 3-Year Low
Tesla faces sales pressure in all three of the world’s biggest car markets simultaneously, with European registrations plunging 48.5% in October while industry-wide EV sales jumped 26%. The collapse comes as CEO Elon Musk has spent much of 2025 focused…
Tesla Sells Just 100 Cars In India, Tells Buyers They’ll Save Money In Five Years
Tesla’s India launch is off to a dismal start. The company has sold just over 100 Model Y units since deliveries began in September, and its new pitch to Indian buyers is that they can recover one-third of the $67,000…
European Automakers Push For 2035 Combustion Engine Ban Reprieve As EV Transition Stalls
Europe’s embattled carmakers are hoping for regulatory relief when Brussels unveils an auto sector package on December 10, which could water down an effective ban on new combustion engines initially slated for 2035. The continent’s automakers from Volkswagen to Renault…
VW Opens €2.9B China Lab After German Software Division Burns €12 Billion
Volkswagen just admitted what we’ve been reporting for years: German engineering can’t keep up with China’s EV pace. The automaker completed its €2.5 billion ($2.9 billion) test center in Hefei on Tuesday, claiming it can now slash development costs by…
Tesla Opens World’s Largest Supercharger in California With 164 Solar-Powered Stalls
The world’s largest Tesla Supercharger is now fully operational in Lost Hills, California, delivering 164 charging stalls powered almost entirely by the sun. Tesla confirmed the completion of its “Oasis” Supercharger station via X, marking a major infrastructure milestone just…
Hyundai Claims No. 2 Profit Crown as Volkswagen Drowns in Billions of Losses
Hyundai Motor Group has officially dethroned Volkswagen as the world’s second-most profitable automaker, CEO José Muñoz declared at a high-performance vehicle launch in France, widening the gap between the surging Korean conglomerate and Europe’s largest automaker now hemorrhaging cash. The…
Diesel’s Death Spiral: PHEVs Outsell Oil-Burners in Europe for the First Time
Plug-in hybrids have officially buried diesel in Europe’s powertrain hierarchy. For the first time in automotive history, PHEVs outsold diesel vehicles across the continent through October 2025, according to data from the European Automobile Manufacturers’ Association. The milestone marks another…
NIO Narrows $490M Loss as Record Deliveries Signal Turnaround in China’s EV Bloodbath
NIO just reversed four consecutive quarters of widening losses, posting its smallest quarterly deficit since 2022 as record vehicle deliveries and aggressive cost-cutting show the Chinese EV maker may finally be finding its footing in an industry where most competitors…
India’s EV Market Doubles as Tata’s Dominance Collapses and Global Rivals Circle
Tata Motors predicts India will reach EV-gasoline price parity by 2030, but the company is watching its market share get sliced in half as Tesla, VinFast, and Chinese competitors pile into one of the world’s last remaining growth markets, Bloomberg…
Rivian CEO Says Tesla’s 50% Market Share Shows ‘Underserved Market’ as $45K R2 Nears
Rivian CEO RJ Scaringe isn’t backing down from Tesla. He’s coming for its customers. In a wide-ranging interview with The Atlanta Journal-Constitution, Scaringe laid out an aggressive vision for his company’s future, declaring that Tesla’s dominant market position proves the…
BMW Mulls Chinese-Style Range Extenders For X5 And 7-Series As China Sales Crater
BMW is weighing the addition of range-extending engines to some of its vehicles in China, including the X5 SUV and 7-Series sedan, according to people familiar with the matter. The move would make BMW the first German automaker to embrace…
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