Mercedes-Benz is pulling out of China’s electric vehicle market, selling its remaining stake in premium EV maker Denza. This move comes as luxury spending in the world’s largest auto market takes a hit, according to a recent report from The…
BYD, China’s leading electric vehicle (EV) maker, is making a bold move into Europe, with its first assembly plant set to open in Hungary. This strategic decision comes as the European Union considers raising tariffs on EVs imported from China,…
Electric vehicle (EV) batteries are on track for a major sustainability upgrade, potentially revolutionizing the industry’s environmental impact and supply chain. According to a recent report from The Economist, most EV batteries could soon be made by recycling old ones,…
BMW is taking a big step towards a more sustainable future by partnering with Redwood Materials to recycle lithium-ion battery packs from its electrified vehicles. This move is part of BMW’s broader strategy to create a closed-loop supply chain for…
Investors in Asia’s electric vehicle (EV) battery sector are keeping a close eye on the US presidential race, with even unexpected factors like Taylor Swift’s potential endorsements making waves. This heightened interest comes from the significant impact the election outcome…
The BMW i4 is making waves in the electric vehicle market, proving to be a formidable competitor to the Tesla Model 3. This stylish four-door EV is not just a pretty face – it’s got the performance and range to…
The UK government has confirmed that sales of some new hybrid cars will be allowed until 2035, while maintaining its commitment to ban new petrol and diesel-only vehicles from 2030. This news comes from a recent report by The Guardian.…
Volkswagen, once a titan of the auto industry, is now facing a triple threat that’s putting its EV ambitions in jeopardy. According to a recent report from POLITICO, the German carmaker is grappling with challenges from China, a lagging EV…
The electric vehicle landscape is evolving rapidly, and Porsche’s latest entry is making waves. Sawyer Merritt recently broke the news about the Porsche Macan EV receiving its official EPA range rating, and the numbers are turning heads in the automotive…
BMW’s recent announcement about cutting its profit margin forecast due to sluggish demand in China is just the tip of the iceberg. According to analysts, electric vehicles (EVs) are shaking up auto sales in the world’s biggest market, leaving foreign…
Sales of Chinese brands are up nearly 22% with Chinese companies overwhelmingly dominating sales of the EV market. Overcapacity in China’s auto manufacturing has become a major point of tension between the country and other big economies. The complaint from…
Panasonic Energy has just announced that it’s all set to start mass-producing its 4680 electric vehicle (EV) batteries. The company’s renovated plant in Kinokawa, Wakayama prefecture, Japan, is geared up to be the main hub for these new cells, which…
In a significant move to expand the electric vehicle market, BMW and Toyota have announced a collaboration to develop hydrogen-powered electric cars. This partnership aims to make this niche market a viable option for environmentally conscious consumers. According to Reuters,…
BMW is gearing up to introduce its first hydrogen-powered vehicle by 2028, leveraging fuel cell technology developed in partnership with Toyota Motor Corp. The German automaker made the announcement on Thursday, highlighting its commitment to exploring alternative green technologies, according…
Volkswagen, the German auto giant, is hitting some speed bumps on its journey to electric vehicles (EVs). The company’s facing tough times as it tries to keep up with the fast-changing EV market, according to a recent Wall Street Journal…
European automakers, particularly Volkswagen, are facing a significant crisis in their electric vehicle (EV) production efforts. According to a recent Bloomberg report, German and French carmakers are rapidly losing ground in the race to produce EVs, leading to potential factory…
BMW is recalling more than 12,000 Mini Cooper SE electric vehicles due to potential battery issues that could lead to overheating and fire risks. This information comes from a report by NewsNation. Affected Models and Issue The recall affects Mini…
Tesla’s push for widespread adoption of its North American Charging Standard (NACS) is gaining momentum, as production of NACS adapters ramps up significantly. According to a recent post by Tesla Charging on X (formerly Twitter), the GFNY team has reached…
Ford Motor Company has officially canceled its highly anticipated three-row electric SUV, dubbed the “personal bullet train,” in a significant pivot away from its aggressive electric vehicle (EV) strategy. This decision, reported by Reuters, marks a major shift in the…
BMW has outpaced Tesla in electric vehicle sales within the European Union for the first time, according to a recent Bloomberg report. This shift marks a significant moment in the competitive EV market landscape. BMW’s Surprising Surge In a month…
BMW’s China-produced electric Mini is set to benefit from a reduced tariff of 21.3% in the European Union, according to a recent report from Reuters. This development comes as part of the EU’s latest draft tariff document on duties for…
Cadillac is making waves in the luxury electric vehicle market with its latest concept, the Opulent Velocity. Unveiled at The Quail during Monterey Car Week, this all-electric hypercar represents Cadillac’s bold vision for its high-performance V-Series lineup in the EV…
A recent incident involving a Mercedes electric vehicle (EV) in South Korea has reignited discussions about EV battery safety and transparency in the automotive industry. According to a report from the Financial Times, a fire that erupted from a parked,…
Luxury EV Fire Ignites Debate on Battery Transparency A recent incident involving a Mercedes-Benz electric vehicle in South Korea has sparked a heated discussion about battery transparency in the EV industry. The fire, which occurred in an underground parking lot,…
Tesla, the electric vehicle giant, is facing headwinds in California. According to Reuters, Tesla’s car registrations in the Golden State dropped 24% in the second quarter of 2024, marking the third consecutive quarter of declining sales in this crucial market.…
Reuters reports that the European Union is set to impose tariffs of up to 37.6% on electric vehicles (EVs) imported from China, marking the EU’s largest trade case to date. This move, aimed at leveling the playing field for European…
Tesla, the trailblazing electric vehicle manufacturer, is reportedly gearing up to open a new dealership and service center in Wesley Chapel, Florida. The proposed 50,353-square-foot facility would join the ranks of other luxury car brands like Lexus, Audi, and BMW…
China has strongly criticized the European Union’s decision to impose tariffs of up to 38.1% on Chinese electric vehicles, calling it protectionist behavior and urging the EU to correct its “wrong practices,” reports Reuters. The reaction from China and other…
Germany’s Stance on EV Tariffs German Chancellor Olaf Scholz has voiced his opposition to restricting automotive trade, as the European Union moves closer to imposing tariffs on electric vehicles (EVs) imported from China. Scholz emphasized that Germany’s auto industry, which…
Electric vehicles (EVs) are not just a greener alternative to gas-guzzlers; they could also be the key to stabilizing the electrical grid. Automakers like Ford, GM, BMW, and Renault are exploring ways to use EV batteries for energy storage, potentially…
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