Nissan Motor Co. has halted its $1.1 billion plan to construct an electric vehicle (EV) battery plant in Kitakyushu, Japan, as the company shifts focus to financial recovery amid a projected record net loss. Announced on May 9, 2025, this…
Tesla’s Director of Battery Technology and Powertrain Architecture, Vineet Mehta, announced his departure from the company after 18 years, marking the end of a pivotal era for Tesla’s electric vehicle (EV) advancements. Mehta, who joined Tesla in 2007, shared his…
Chinese electric vehicle (EV) giant BYD is setting its sights on global expansion, aiming for half of its sales to come from outside China by 2030, according to a recent report from CNEVPost. The company plans to drive growth primarily…
Tesla’s Model Y deliveries in Australia hit a record low of 280 units in April 2025, down 76% year-on-year, marking the brand’s weakest month in nearly three years, according to Drive. The updated 2025 Model Y, codenamed Juniper, launched in…
On May 6, 2025, Tesla launched a more affordable version of its popular Model Y, pricing the long-range rear-wheel drive variant at $44,990, which drops to $37,490 after a $7,500 federal tax credit. This move, reported by Reuters, aims to…
In a striking shift, Tesla’s battery storage division in Australia generated more revenue than its electric vehicle (EV) sales in 2024, highlighting the growing role of energy storage in the company’s portfolio. According to Tesla Motors Australia’s annual report filed…
Legendary investor Bill Miller recently shared his insights on the electric vehicle (EV) market, stating that Tesla’s current valuation doesn’t justify its price while praising BYD’s advancements in self-driving technology. In a MarketWatch report, Miller, known for beating the S&P…
Tesla’s electric vehicle (EV) sales in China took a hit in April, falling 6% year-over-year, as the U.S. automaker faces fierce competition from Chinese rivals and struggles with a tarnished image in Europe, according to a recent Reuters report. This…
Audi has dropped fresh official photos of the E5 Sportback, a China-exclusive electric SUV that’s turning heads with its futuristic design and bold purple finish. Unveiled at Auto Shanghai 2025 on April 23, this model marks Audi’s strategic push into…
In a surprising turn for the electric vehicle (EV) industry, Tesla’s new car sales in the UK and Germany dropped to their lowest levels in over two years in April 2025, despite a broader surge in EV demand across Europe.…
In a striking blow to Tesla’s European market share, the electric vehicle (EV) giant saw its German sales drop by nearly half in April 2025, despite an overall surge in battery electric vehicle registrations. Data from Germany’s road traffic agency,…
Tesla’s new car sales in the UK dropped by a staggering 62% in April 2025, hitting their lowest point in over two years, according to data released by research group New AutoMotive. This decline comes as the electric vehicle (EV)…
Tesla is intensifying its long-standing vision-only approach to autonomous driving in China, reportedly announcing plans to roll out its camera-based Full Self-Driving (FSD) system for mainland-assembled vehicles—pending Beijing’s approval. In a Weibo post on May 4, 2025, the U.S. electric…
At Auto Shanghai 2025, Toyota unveiled its sleek bZ7 electric sedan, a bold move to reclaim ground in China’s booming electric vehicle (EV) market, where Japanese automakers’ share has plummeted from 24.1% in 2020 to 13.7% in 2024, according to…
In a surprising twist, Tesla’s new car sales in Spain plummeted 36% in April 2025, falling to 571 vehicles compared to the same month in 2024, despite a broader surge in electric vehicle (EV) adoption across the country. According to…
On May 4, 2025, Fox News host Lara Trump stepped inside Tesla’s Texas Gigafactory, offering EV enthusiasts a thrilling glimpse into the heart of electric vehicle production. Broadcast on “My View with Lara Trump,” the tour highlighted Tesla’s cutting-edge assembly…
On April 27, the BYD Shenzhen, the world’s largest car carrier, embarked on its maiden voyage from Taicang port in Jiangsu Province, China, carrying a staggering 7,000 electric vehicles (EVs) destined for Brazil. According to FastCompany, this massive ship, owned…
BYD’s premium Denza brand has unveiled the 2025 Denza Z, a near-production electric sports car concept designed to challenge the Porsche 911’s dominance in performance and prestige. Revealed with striking aerodynamics and cutting-edge tech, this sleek coupe and convertible aims…
In April 2025, BYD, the Chinese electric vehicle (EV) titan, sold a record-breaking 380,089 vehicles, with fully electric models outselling hybrids for the first time since January 2024. Electrek reports that battery electric vehicles (BEVs) surged 45% year-over-year to 195,740…
Tesla’s electric vehicle (EV) sales in Europe took a nosedive in April 2025, with an alarming 81% drop in Sweden, marking the lowest sales since October 2022, according to a Reuters report. The automaker is grappling with fierce competition from…
Legendary rocker Neil Young debuted a fiery new song, “Let’s Roll Again,” at a Los Angeles benefit concert on April 26, 2025, taking aim at Elon Musk and Tesla with politically charged lyrics. According to the San Francisco Chronicle, Young’s…
In a move that could reshape the electric vehicle landscape, the Trump administration has relaxed crash reporting rules for self-driving cars, with Tesla poised to gain the most. Announced on April 24, 2025, by the U.S. Department of Transportation, the…
Tesla is set to introduce a more budget-friendly version of its popular Model Y, codenamed E80, this July, according to reports circulating on Chinese social media. Shared by Tesla Newswire, the announcement highlights a strategic move to broaden Tesla’s market…
Nissan Motor is set to halt vehicle production at its Wuhan plant in China by March 31, 2026, a decision that marks a significant retreat for the Japanese automaker in the world’s largest electric vehicle (EV) market. According to two…
Tesla Inc. is refunding early Model 3 bookings in India, a move that has sparked excitement among electric vehicle (EV) enthusiasts as it hints at the automaker’s long-awaited entry into the world’s third-largest automobile market. According to a Bloomberg report,…
On April 24, 2025, Tesla’s stock rose 1.9% to $255.54 in early trading, buoyed by optimism surrounding its product lineup expansion in 2025, according to a Barron’s report. However, investors and analysts caution that the electric vehicle maker’s upcoming Model…
Nissan Motor Co. projects a staggering net loss of 700 billion to 750 billion yen ($4.91 billion to $5.26 billion) for the financial year ending March 2025, driven by massive impairment charges and aggressive restructuring, Reuters reported. This marks the…
President Donald Trump’s administration has announced exemptions for U.S. automakers from certain tariffs, a significant concession following intense lobbying by industry leaders concerned about rising electric vehicle (EV) costs and supply chain disruptions, according to the Financial Times. This decision,…
Tesla’s Q1 2025 earnings call, held on April 22, 2025, revealed a mix of ambitious milestones and cautious optimism as the electric vehicle (EV) giant navigates economic uncertainty, trade policy shifts, and global market challenges. With a record $37 billion…
Tesla reported disappointing first-quarter earnings on April 22, 2025, with earnings per share (EPS) and revenue falling short of analyst expectations, intensifying scrutiny on CEO Elon Musk’s upcoming conference call. Investors.com reported that shares dipped slightly in after-hours trading as…
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