On May 5, 2025, Onsemi announced a promising second-quarter revenue forecast, surpassing Wall Street expectations, driven by robust demand for its silicon carbide chips in electric vehicles (EVs). Despite economic uncertainties and looming U.S. tariffs, the chipmaker’s outlook signals a…
Ford Motor Company’s first-quarter profit nosedived 64%, dropping to $471 million from $1.3 billion a year earlier, as its electric vehicle (EV) division faltered and tariff-related costs loomed large, according to a Wall Street Journal report. The automaker also withdrew…
Ford has pulled its annual guidance, bracing for a staggering $1.5 billion blow from U.S. President Donald Trump’s tariffs, the automaker announced on Monday, May 5, 2025. As reported by Reuters, this move comes amid uncertainty over the levies, which…
The Zeekr 007 GT, a sleek electric wagon from Geely’s premium EV brand, is turning heads with glowing reviews as it gears up for its European debut in Q2 2025. Branded as the Zeekr 7 GT in Europe, this “shooting…
In the first quarter of 2025, Audi AG showcased a robust 30.1% surge in fully electric vehicle (EV) deliveries, reaching 46,371 units globally, despite a challenging economic landscape. This milestone, detailed in Audi’s Quarterly Update, underscores the premium automaker’s aggressive…
On May 6, 2025, Lucid Group will unveil its first-quarter financials, a critical moment for the luxury electric vehicle (EV) maker as it gears up for the Lucid Gravity SUV launch. With Lucid’s Investor Relations reporting a 58% surge in…
Tesla’s energy storage business, powering homes and grids with Megapack and Powerwall systems, delivered a lifeline in a tough first quarter of 2025, raking in $2.73 billion—a 67% jump from last year, according to Business Insider. Yet, while this side…
Tesla’s latest lease offer for the 2025 Model Y makes the electric SUV more accessible than ever, with a compelling $299 monthly payment for 36 months and $3,993 due at signing. This deal, targeting EV enthusiasts and budget-conscious drivers, leverages…
In a bold move to simplify electric vehicle (EV) charging, Ionity has co-founded the Spark Alliance, a consortium of top-tier charge point operators (CPOs) aiming to create Europe’s largest and most reliable public charging network. Announced recently, this partnership addresses…
In a surprising move, Tesla has introduced a 1.99% APR financing offer for its newly redesigned Model Y in the U.S., a clear sign of weaker-than-expected demand for the popular electric SUV. Announced on May 2, 2025, this incentive, available…
In a stunning move, BMW has announced a pause in U.S. electric vehicle (EV) production starting May 2025, citing uncertainty over new auto tariffs under the Trump administration, Electrek reports. This decision, shared with dealers, freezes output for BMW’s four…
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…
Lucid Motors’ ambitious push into the electric SUV market hit a speed bump in April 2025, with only five Gravity SUVs registered in the US, down sharply from 30 in March, according to Motor Intelligence data reported by EV. While…
The Genesis GV90, Hyundai’s luxury brand’s eagerly awaited full-size electric SUV, faces a production delay, pushing its launch to June 2026, according to The Korea Economic Daily. Initially slated to roll off the line at Hyundai’s Ulsan plant in South…
Hyundai’s 2026 Ioniq 9, a spacious three-row electric SUV, hits the U.S. market with a starting price of $60,555, offering a compelling 335-mile range that outshines its sibling, the Kia EV9, according to Car and Driver. Launching in May 2025,…
Rivian, the electric vehicle (EV) innovator, is bracing for turbulence from President Trump’s new auto tariffs by stockpiling critical battery supplies, ensuring its production lines keep humming. According to a Bloomberg report, Rivian began amassing lithium-iron phosphate (LFP) battery cells…
On April 29, 2025, U.S. President Donald Trump signed an executive order easing his 25% auto tariffs, offering relief to automakers after intense industry pushback, according to Reuters. This move, which includes credits for vehicles assembled in the U.S. and…
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…
Tesla’s latest Vehicle Safety Report for Q1 2025 reveals that vehicles using Autopilot technology recorded one crash for every 7.44 million miles driven, a significant leap in safety performance. This figure outperforms Tesla vehicles not using Autopilot, which saw one…
New York’s aggressive push to electrify transportation is gaining momentum, with the state’s Drive Clean Rebate program injecting $30 million to offer up to $2,000 off new electric vehicles (EVs) at the point of sale, combinable with the federal $7,500…
Tesla has significantly reduced the price of its 2024 Model 3 Performance, making the high-performance electric vehicle (EV) available for an adjusted price of $40,490 after discounts and federal tax credits, according to a recent announcement shared on X by…
At the 2025 Shanghai Auto Show, Zeekr, a premium electric vehicle brand under Geely, debuted its flagship 9X SUV, a plug-in hybrid that blends cutting-edge technology with authentic Chinese craftsmanship, aiming to rival Rolls-Royce and Maybach. Forbes reported that Zeekr’s…
On April 25, 2025, Reuters reported that India’s Tata Technologies (TATE.NS) missed revenue expectations for the fourth quarter, grappling with a sluggish global demand for electric vehicles (EVs). The company, a key player in engineering and technology services for the…
On April 25, 2025, Elon Musk reignited a heated rivalry in the electric vehicle (EV) and autonomous driving space with a pointed jab at Waymo on X: “Waymo needs ‘way mo’ money to succeed 😂,” he tweeted, amassing over 674,000…
Tesla ignited excitement among electric vehicle (EV) enthusiasts in the U.S. with a series of aggressive promotions aimed at making its lineup more accessible than ever. Announced via a detailed post on X by Sawyer Merritt, these incentives—ranging from free…
On April 24, 2025, Tesla achieved a historic milestone in its quest for autonomous driving, securing a two-year exemption from Norway’s Statens vegvesen (Norwegian Road Authority) to operate its Full Self-Driving (FSD) system in supervised mode on public roads. This…
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…
Volkswagen AG has forged a strategic partnership with Uber Technologies Inc. to deploy thousands of fully autonomous, all-electric ID. Buzz AD vans across U.S. markets, starting with a commercial launch in Los Angeles in 2026, according to Reuters. This collaboration…
Tesla’s stock climbed more than 5% today, after CEO Elon Musk announced he would scale back his advisory role with U.S. President Donald Trump to refocus on the electric vehicle (EV) giant. However, a 71% drop in Q1 net income…
In a landmark case, General Motors (GM) is embroiled in a multi-district lawsuit accusing the automaker of violating customer privacy by collecting and selling driving data without proper consent, as reported by Law360. The Detroit-based company reportedly argues that driving…
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