In a stunning reversal of fortune, Germany’s automotive powerhouses are finding themselves outpaced and outmaneuvered in the world’s largest car market. A recent Bloomberg report paints a sobering picture of how Volkswagen, BMW, and Mercedes-Benz are desperately scrambling to catch…
A new rule proposed by the U.S. Commerce Department is set to effectively ban Chinese electric vehicles from the American market. This regulation, reportedly justified on national security grounds, aims to prohibit Chinese-designed or produced hardware and software in vehicle…
Tesla’s unveiling of a sporty, two-seater robotaxi dubbed Cybercab has left experts puzzled and investors worried, according to a recent report from Reuters. The reveal, which took place at a hyped event near Los Angeles on October 10, 2024, presented…
Volkswagen Group reported a complex picture for its electric vehicle (EV) sales in the third quarter of 2024, according to a recent press release. While overall deliveries declined, there were bright spots in certain markets and segments. Global EV Deliveries…
Tesla’s pushing the boundaries of self-driving tech again. At the recent “We, Robot” event, Elon Musk dropped a bombshell: unsupervised fully autonomous vehicles are coming to California and Texas next year. This news has got the EV world buzzing. The…
Tesla’s highly anticipated “We, Robot” event, held on October 10, 2024, at Warner Bros. Studios in Burbank, California, showcased the company’s latest advancements in autonomous vehicle technology and robotics. The event marked Tesla’s first major product reveal since the Cybertruck…
BMW Group is making waves in the electric vehicle market, with their latest quarterly report revealing a stark contrast between EV sales and overall performance. According to their Q3 2024 figures, the German automaker’s electric vehicle deliveries are climbing steadily,…
Mercedes-Benz is facing a tough road with its electric vehicle lineup, according to recently reported Q3 sales figures. The luxury automaker saw EV sales plummet 42% compared to the same quarter last year, even as overall sales climbed. EV Sales…
Florida’s fire marshal Jimmy Patronis has issued a stark warning about the potential hazards of electric vehicles and other lithium-ion battery-powered devices as Hurricane Milton approaches. The Category 5 storm, expected to make landfall on Florida’s central west coast, could…
Tesla is poised to make a significant leap in the autonomous vehicle space with the unveiling of its Cybercab robotaxi on October 10th. This highly anticipated reveal marks a pivotal moment in Tesla’s journey towards launching a fully autonomous ride-hailing…
China’s commerce ministry announced provisional anti-dumping measures on brandy imports from the European Union, effective October 11. This decision, reported by Reuters, marks a reversal from their earlier stance and adds another layer to the ongoing trade tensions between China…
Lamborghini’s Cautious Approach to Electrification Five years ago, Lamborghini made a bold decision to hybridize its entire lineup, but it didn’t jump headfirst into full electrification like many expected. Instead, it placed its bets on hybrid technology, while competitors rushed…
Nissan’s making waves in the EV world, joining ChargeScape as an equal investor alongside BMW, Ford, and Honda. This news comes to us from a recent TechCrunch report. What’s ChargeScape All About? ChargeScape’s the new kid on the block in…
A new study by economists has taken a hard look at the $7,500 tax credit for U.S.-made electric vehicles (EVs) under the Inflation Reduction Act (IRA). The findings? It’s complicated, but there’s a silver lining. According to The New York…
Rivian, the electric vehicle manufacturer, has announced a significant reduction in its production forecast for this year due to a parts shortage. This news comes from The Verge, highlighting the ongoing challenges faced by the EV industry. Production Cuts and…
Tesla’s latest quarterly report has injected a dose of optimism into the electric vehicle sector. The EV pioneer saw a 6.4% year-over-year increase in global sales for Q3 2024, delivering 462,890 vehicles from July through September. This marks Tesla’s first…
The Trump campaign has launched a provocative new ad in Michigan, taking aim at the Biden-Harris administration’s electric vehicle (EV) policies. This move has ignited a fiery debate in the crucial swing state, known for its deep-rooted automotive heritage, as…
Vice President Kamala Harris strongly denied accusations that she plans to ban gas-powered vehicles during a rally in Flint, Michigan. The event, reported by NPR, showcased the administration’s commitment to supporting the auto industry’s transition to electric vehicles (EVs) while…
The European Union has taken a stand against Chinese electric vehicle imports, voting to impose tariffs of up to 35% on battery cars from China. This move comes as the EU tries to protect its auto industry from what it…
EVgo, a major player in the electric vehicle charging space, saw its stock soar an impressive 61% following a bullish call from J.P. Morgan. This dramatic rise highlights the growing interest and potential in the EV charging market, as reported…
Tesla’s upcoming Robotaxi Day could be a pivotal moment for the electric vehicle giant and its CEO, Elon Musk. According to a Barron’s article, the event on October 10 in Hollywood, California, may determine whether Tesla regains its position among…
Toyota’s plans for U.S.-built electric vehicles have hit a speed bump. According to a report from Nikkei, the Japanese automaker is pushing back its timeline for American-made EVs by several months, reflecting ongoing challenges in the electric vehicle market. Kentucky…
Caterham’s pushing forward with its electric sports car plans, tapping Yamaha for some serious EV know-how. The Collaboration The British sports car maker announced it’s partnering with Yamaha to develop its Project V electric sports car. Yamaha’s not just providing…
Tesla’s 2024 Cybertruck has racked up its fifth recall in under a year, highlighting potential issues with the electric pickup’s design and performance. The most recent recall, affecting 27,185 vehicles, was announced on October 3, 2024, and involves a significant…
A recent report from the New York Post has uncovered alarming claims about privacy issues in Chinese-made electric vehicles, specifically those manufactured by BYD. Owners have reported that these EVs might have a hidden feature allowing external parties to listen…
General Motors (GM) has reported a significant boost in its electric vehicle sales for the third quarter of 2024, according to their latest sales results. The automaker’s EV deliveries surged by 60% year-over-year, reaching a record 32,095 units. Record-Breaking Quarter…
The U.S. Treasury has reported a significant milestone in electric vehicle (EV) adoption, with $2 billion in tax credits issued for over 300,000 EVs since January 1st. This surge in EV purchases comes as new point-of-sale tax credit rules took…
Deutsche Bank analyst Edison Yu has maintained a Buy rating on Tesla (TSLA) with a price target of $295.00, according to a report from TipRanks. This optimistic outlook stems from Tesla’s anticipated strong performance in Q3 2024 and exciting developments…
The US Commerce Department has proposed a far-reaching rule that could effectively ban Chinese-developed software and connectivity-related hardware in cars sold in the United States. This move, reported by The New York Times, is part of a broader effort by…
Nio Inc., a leading Chinese electric vehicle manufacturer, is voicing strong opposition to recent tariff measures proposed by the United States and European Union on Chinese EVs. This pushback comes amidst rising trade tensions and debates over fair competition in…
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