Nissan, a key player in the electric vehicle (EV) industry, may sell its global headquarters in Yokohama, Japan, valued at $700 million, as part of a broader cost-cutting strategy to navigate financial challenges. According to a recent report by Nikkei…
Tesla has announced that its attractive 1.99% APR financing offer for the new Model Y will conclude on June 16, 2025, in the U.S., giving prospective electric vehicle (EV) buyers a narrow window to act. This promotion from Tesla has…
Wedbush analyst Dan Ives boosted Tesla’s price target from $350 to $500, spotlighting the electric vehicle giant’s leadership in autonomous driving technology as a key driver for growth. In an interview with Bloomberg, Ives shared his bullish outlook, emphasizing Tesla’s…
Tesla has introduced an extended 48-hour test drive program for its Cybertruck, Model S, Model 3, and Model Y, marking a first for U.S. customers. Announced by automotive enthusiast Sawyer Merritt, this initiative allows anyone in the U.S. to book…
A prominent U.S. marketing professor, Scott Galloway, labeled Elon Musk’s involvement with the Trump administration’s Department of Government Efficiency (Doge) as “one of the greatest brand destructions” ever, citing its impact on Tesla’s core demographic. Speaking on the Pivot podcast,…
A recent House-passed tax bill could reshape the electric vehicle (EV) landscape in the U.S., eliminating key subsidies that have fueled adoption and manufacturing. Reported by The New York Times, the legislation, if enacted, would raise EV prices, slow sales,…
The GOP-led Senate voted 51-44 to revoke California’s authority to set its own tailpipe emissions standards, a move that effectively dismantles the state’s mandate to ban new gasoline-powered car sales by 2035 as reported by the WSJ. The decision made…
On May 20, 2025, Elon Musk reaffirmed his dedication to leading Tesla as its chief executive for at least another five years, addressing the Qatar Economic Forum with a bold statement despite recent electric vehicle (EV) market struggles. Speaking at…
Tesla Europe & Middle East showcased the capabilities of its Full Self-Driving (FSD) Supervised system by navigating the notorious Arc de Triomphe roundabout in Paris, a challenging urban environment known for its complexity. This achievement highlights the advancing potential of…
LG Energy Solution (LG Ensol) is set to significantly boost production of its next-generation 4680 cylindrical battery, a critical component for Tesla’s electric vehicles (EVs), starting in June or July 2025, reports the Korean newsoutlet Dealsite. This ramp-up at its…
Slate Auto, a Troy, Michigan-based electric vehicle (EV) startup, has secured 100,000 reservations for its sub-$30,000 electric mini-pickup, backed by $700 million in funding from investors like Jeff Bezos, reports Automotive News. Targeting a late-2026 production start, the company’s innovative…
Japan is exploring subsidies for Tesla’s electric vehicle (EV) charging stations as part of ongoing trade negotiations with the U.S., reports Reuters. This move aims to bolster EV infrastructure while addressing U.S. concerns over Japan’s current subsidy framework, potentially impacting…
In 2024, the global electric car fleet soared to nearly 58 million vehicles, tripling from 2021 and comprising 4% of the world’s passenger cars, displacing over 1 million barrels of oil daily, according to the International Energy Agency (IEA). China’s…
Toyota has introduced the bZ Woodland, a new outdoor-focused electric SUV set to join its bZ lineup in the U.S. by early 2026. Designed for adventure seekers, this larger sibling to the bZ EV combines rugged capability with electric efficiency,…
J.P. Morgan Chase increased its stake in Tesla by 9.5% (or 3.43 million shares) in the first quarter of 2025, according to its latest 13F filing with the SEC. The asset manager held 39,415,548 shares in Tesla as of March…
The Ford F-150 Lightning has reclaimed the top spot in the U.S. electric pickup market, surpassing the Tesla Cybertruck in registrations for March and the first quarter of 2025, according to S&P Global Mobility. With 2,598 registrations in March compared…
On May 12, 2025, House Republicans introduced a tax reform bill that could reshape the U.S. electric vehicle (EV) landscape by proposing to eliminate the $7,500 new-vehicle tax credit and $4,000 used-vehicle credit, alongside repealing fuel efficiency rules aimed at…
Tesla shareholder Ron Baron, founder of Baron Capital, remains a steadfast supporter of the electric vehicle (EV) giant, projecting a potential 10-fold increase in Tesla’s stock value. Speaking at the Economic Club of New York on May 13, 2025, Baron…
Jaguar Land Rover (JLR), Britain’s largest automotive employer, has reported its strongest profits in a decade, reaching $3.14 billion (£2.5 billion) for the 2024-25 financial year, up from $2.77 billion (£2.2 billion) the previous year, despite looming U.S. tariff uncertainties.…
General Motors (GM) has announced a significant advancement in electric vehicle (EV) battery technology, partnering with LG to develop lithium manganese-rich (LMR) batteries that promise a 400-mile range. This new chemistry, set to power GM’s upcoming electric trucks and SUVs…
Bollinger Motors, a Michigan-based electric vehicle (EV) startup focused on commercial trucks, has been placed into receivership following a court ruling, signaling severe financial distress for the company that raised $148 million but produced only 40 trucks. According to Automotive…
Vertical Aerospace announced a hybrid-electric variant of its VX4 air-taxi on May 12, 2025, aiming to expand into defense, logistics, and other commercial markets with a projected range of up to 1,000 miles, reports Reuters. This development underscores the growing…
A new Electric Vehicle Intelligence Report (EVIR) reveals shifting consumer perceptions in the U.S. electric vehicle (EV) market, with Honda, Chevrolet, and Ford gaining ground as Tesla’s brand reputation weakens. Based on a survey of over 8,000 U.S. consumers, the…
Chinese electric vehicle giant BYD and metals group Tsingshan have scrapped their plans to build lithium cathode plants in Chile, a move that could ripple through the electric vehicle (EV) battery supply chain, according to Chile’s economic development agency Corfo.…
In a significant milestone for the electric vehicle (EV) industry, EVs now account for roughly one in every 30 used car sales in the UK, according to recent data from the Society of Motor Manufacturers and Traders (SMMT). This growth,…
Mazda has taken a significant step in the electric vehicle (EV) landscape by partnering with Tesla to adopt the North American Charging Standard (NACS) for its battery electric vehicles (BEVs) launching in Japan from 2027 onward. This agreement, announced on…
Chinese billionaire Eric Li’s decision to privatize Zeekr, a New York-listed electric vehicle (EV) brand, marks a significant shift for the company just one year after its U.S. initial public offering (IPO). According to a Forbes report, parent company Geely…
Lucid Motors has rolled out aggressive pricing and incentives for its 2025 Lucid Air lineup, making its luxury electric vehicles (EVs) more accessible to buyers. The updated pricing, detailed on Lucid Motors’ official website, positions the Air Pure, Air Touring,…
Renault’s electrified revival of the iconic 1980s R5 Turbo, unveiled as the Renault 5 Turbo 3E at the 2022 Paris Auto Show, has sparked significant enthusiasm among electric vehicle (EV) enthusiasts. The limited-edition hatchback, priced at 155,000 euros ($176,000), secured…
Slate Auto, an upstart electric vehicle manufacturer, is making waves with a $700 million fundraising haul backed by Jeff Bezos’s investment firm, Bezos Expeditions. The funding, confirmed by Newsweek, spans Series A and B rounds, with the final close in…
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