Lucid Motors is making waves in the electric vehicle (EV) industry by rolling out attractive pricing and incentives for its 2025 Lucid Air lineup, as announced on their official website. With lease options starting as low as $519 per month…
Morgan Stanley has reportedly proposed that Tesla, a leader in electric vehicles, could extend its technological prowess into drone manufacturing, potentially reshaping both industries. While Tesla has not confirmed any plans to enter the drone sector, the investment bank believes…
Hyundai Motor has exited its entire stake in Ola Electric, while Kia reduced its holding in a $80 million share sale, as the Indian electric vehicle (EV) maker faces mounting challenges, as reported by Reuters. Hyundai and Kia’s Exit Strategy…
Volvo Cars, a leader in the electric vehicle (EV) sector, saw a 12% decline in global sales for May 2025, totaling 59,822 vehicles compared to the previous year, according to a Reuters report. This downturn highlights the broader struggles within…
Germany’s latest proposal to encourage businesses to adopt electric vehicles (EVs) through a tax break has been met with skepticism by the auto industry, potentially slowing the transition to cleaner transportation. According to a Bloomberg report, the plan, which allows…
Today, Beta Technologies achieved a groundbreaking milestone by conducting the first all-electric aircraft landing at John F. Kennedy International Airport (JFK) in New York City. The Vermont-based company’s ALIA aircraft, a sleek electric vertical takeoff and landing (eVTOL) model, touched…
Chinese electric vehicle (EV) manufacturer NIO Inc. is making bold moves to achieve financial stability, announcing a significant reduction in research and development (R&D) spending as part of its strategy to reach break-even by the fourth quarter of 2025. The…
DHL announced a partnership with Daimler Truck and hylane GmbH to rent 30 electric Mercedes-Benz eActros 600 trucks for parcel transport in Germany, a move aimed at cutting CO₂ emissions in heavy freight. Reported by Reuters, this deal marks a…
Tesla’s new car sales in Spain and Portugal took a significant hit in May 2025, dropping sharply from the same month in 2024, while other electric vehicle (EV) brands, particularly from China, saw impressive gains. According to industry data released…
ARK Investment Management, led by renowned investor Cathie Wood, has sold off a significant portion of its Tesla stock just weeks before the electric vehicle (EV) giant launches its much-anticipated robotaxi service in Austin, Texas. This move, detailed in a…
India has rolled out its new electric vehicle (EV) policy aimed at attracting global automakers with reduced import taxes, but Tesla is showing reluctance to set up local manufacturing, a federal minister revealed. This development, reported by Reuters, could reshape…
Tesla’s electric vehicle (EV) sales in Norway skyrocketed by 213% year-on-year in May, reaching 2,600 vehicle registrations, according to registration data reported by Reuters. Fueled by the revamped Model Y compact SUV—Norway’s best-selling vehicle for three consecutive years—this surge underscores…
Tesla has reportedly moved away from its long-anticipated $25,000 electric vehicle (EV), often dubbed the Model 2, with the company now prioritizing more affordable versions of its Model 3 sedan and Model Y compact SUV. This strategic pivot, detailed in…
Chinese electric vehicle (EV) manufacturers are accelerating past Tesla, posting record-breaking sales in May 2025, according to a recent Barron’s report. Companies like Li Auto, XPeng, and NIO delivered nearly 98,000 vehicles combined, a 50% surge compared to last year,…
A YouTuber recently flew a drone over Tesla’s Fremont test track, capturing footage of what appears to be a prototype for Tesla’s long-awaited affordable electric vehicle (EV). Shared by the account “Met God in Wilderness,” the video has sparked excitement…
As electric vehicle (EV) adoption faces hurdles like range anxiety and charging infrastructure gaps, automakers are turning to extended-range electric vehicles (EREVs) to bridge the gap. A recent NBC News report highlights how EREVs, a type of plug-in hybrid, offer…
A parking lot in Farmington Hills, a Detroit suburb, has become an unexpected storage site for dozens of unsold Tesla Cybertrucks, highlighting both local zoning issues and broader struggles in the electric vehicle (EV) market. The futuristic, stainless steel pickups,…
The New Jersey Turnpike Authority (NJTA) has opted to replace Tesla’s 64 existing Supercharger stalls along the New Jersey Turnpike with a sole third-party charging provider, a decision that has stirred controversy among electric vehicle (EV) drivers. Announced on May…
The 2026 Kia EV9 is set to deliver more range and better value for electric vehicle (EV) owners, with updated trims that promise up to 305 miles per charge and lower starting prices. This three-row SUV, already a strong contender…
Huawei Technologies Co., in collaboration with Anhui Jianghuai Automobile Group Corp. (JAC), has unveiled the Maextro S800, a luxury electric sedan priced at 1.02 million yuan ($141,637), targeting China’s high-end EV market. Announced in Shenzhen on May 30, 2025, this…
For the first time in four years, public EV charger performance in the U.S. has shown significant improvement, reaching an 84% success rate in the first quarter of 2025, according to a recent J.D. Power study. This marks a notable…
Kimbal Musk, Tesla board member and younger brother of CEO Elon Musk, sold $31 million in Tesla stock on Tuesday, May 27, 2025, as part of a larger $199 million sell-off by Tesla insiders. The transactions, detailed in a recent…
On May 30, 2025, Tesla and its CEO Elon Musk publicly criticized a Republican megabill that aims to eliminate clean energy tax credits, a move that could disrupt the electric vehicle (EV) and solar industries. The House-passed reconciliation package, which…
Ford Executive Chair Bill Ford has raised concerns over a new GOP tax bill that could eliminate critical tax credits for electric vehicle (EV) battery production, potentially derailing a $3 billion investment in a Marshall, Michigan, factory. Speaking at a…
Hyundai Motor Co. is set to raise the price of all its US vehicles, including electric models, by 1% as early as next week, a move aimed at cushioning the impact of tariffs imposed by President Donald Trump. The South…
In a surprising turn at the White House, President Donald J. Trump announced that Elon Musk will step away from his role in the Department of Government Efficiency (DOGE) during a press conference scheduled for May 30, 2025, at 1:30…
On May 29, 2025, Vanguard Group announced a significant expansion of its “Investor Choice” proxy voting program, tripling the number of investors eligible to direct votes in their funds, as reported by Reuters. For Tesla, this could mean heightened pressure…
Elon Musk announced that Tesla’s Model Y vehicles have been autonomously navigating Austin’s public streets for several days without passengers. In a May 29, 2025, X post, Musk stated: “For the past several days, Tesla has been testing self-driving Model…
Tesla is accelerating its push into autonomous driving, with CEO Elon Musk announcing that the company is testing driverless Model Y vehicles in Austin, Texas, aiming for deliveries by June 2025. This development signals a major step forward for Tesla’s…
In the rural outskirts of Hiroshima, a Japanese startup named KG Motors is making waves in the electric vehicle (EV) industry with its ultra-compact, single-seat mibot. Priced at just $7,000 (¥1 million), this battery-powered one-seater has already secured over half…
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