On April 13, 2025, Lucid Motors seized a pivotal opportunity by acquiring the Arizona facilities of Nikola, a once-hyped electric vehicle (EV) and hydrogen truck manufacturer, for $30 million following Nikola’s Chapter 11 bankruptcy filing in February. The deal, announced…
Genesis, Hyundai Motor Group’s luxury brand, is poised to unveil its flagship electric SUV, the GV90, at the 2025 New York International Auto Show, starting April 18. Previewed by the striking Neolun concept, the GV90 promises to blend minimalist Korean…
In January 2024, Figure AI, a California-based robotics startup, announced a commercial partnership with BMW Manufacturing to deploy its humanoid robots at the automaker’s Spartanburg, South Carolina plant. The deal was hailed as a landmark for humanoid robotics, with Figure’s…
On April 10, 2025, Tesla officially opened its doors in Saudi Arabia, a move signaling both a reconciliation between CEO Elon Musk and the kingdom’s leadership and a bold step toward the country’s aggressive electric vehicle (EV) adoption goals, as…
Tesla’s dominance in the U.S. electric vehicle (EV) market is slipping, with sales declining nearly 9% in the first quarter of 2025, even as the overall EV market expanded by 11%, according to a recent report by Cox Automotive. The…
On April 11, 2025, General Motors (GM) announced the temporary suspension of its BrightDrop electric delivery van production at its CAMI plant in Ingersoll, Ontario, a move that will result in the layoff of approximately 500 workers starting April 14.…
The European Union and China have taken a significant step toward potentially resolving their long-standing dispute over electric vehicle imports, with officials from both sides agreeing to explore minimum pricing as an alternative to the current tariff system, a European…
China’s electric vehicle market continues to surge with impressive momentum, as leading manufacturers reported substantial February delivery figures over the weekend. BYD and XPeng demonstrated particularly strong performance, with several players showing triple-digit year-over-year growth amid an increasingly competitive landscape.…
Nationwide demonstrations targeting Tesla showrooms broke out on Saturday as protestors voiced opposition to CEO Elon Musk’s controversial role in the Trump administration’s aggressive federal workforce reduction program, according to Reuters. The protests highlight growing tensions between the EV maker’s…
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’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 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 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 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 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…
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