Maruti Suzuki, has dramatically reduced its near-term production targets for the e-Vitara electric SUV by two-thirds due to a critical shortage of rare earth materials, signaling fresh challenges for the global EV industry. The news, reported by Reuters, reveals the…
A groundbreaking electric vehicle (EV) from a female-founded startup aims to rival luxury giants like Rolls-Royce, boasting 800 horsepower and a $500,000 price tag. Dacora, launched by MIT-trained engineers Kristie and Eric D’Ambrosio-Correll, introduces the first model in its ambitious…
Tesla has rolled out an enticing new lease offer for the 2025 Model 3, making electric vehicle (EV) ownership more accessible with monthly payments starting at just $349. This deal targets EV enthusiasts and potential first-time buyers, offering a compelling…
Zambia, Africa’s second-largest copper producer, is making bold moves to transform its rich mineral resources into a hub for electric vehicle (EV) component manufacturing. Finance Minister Situmbeko Musokotwane recently confirmed ongoing talks with global carmakers to establish production plants near…
The electric vehicle (EV) industry in China is witnessing a fierce price war, with BYD at the center of escalating tensions among top manufacturers. A recent Reuters article, highlights how competitors Great Wall Motor and Geely have challenged BYD’s pricing…
Tesla’s Model Y is making headlines with a stunning sales recovery in Norway and Australia, defying challenges faced elsewhere. According to a recent Forbes article, the electric vehicle (EV) giant reported a 213% sales increase in Norway, selling 2,600 cars…
China’s tightened export controls on rare-earth minerals, critical for electric vehicle (EV) production, have sent automakers and suppliers into a frenzy, with some factories facing potential shutdowns by mid-July 2025. Reuters reports that the restrictions, targeting elements like gallium and…
France is turning to Renault, a leader in electric vehicle (EV) manufacturing, to explore drone production for Ukraine’s defense, signaling a bold crossover of EV expertise into military technology. Renault confirmed to Reuters that the French defense ministry has approached…
Tesla fans and electric vehicle (EV) enthusiasts are buzzing with anticipation as the company prepares to launch production of a new, more affordable model this month. The automaker, known for its innovative battery technology and autonomous driving features, has confirmed…
Rivian is revolutionizing the electric vehicle (EV) charging landscape with a comprehensive software update that enhances charging speed, provides detailed energy insights, and simplifies the process for owners. This overhaul reportedly targets Rivian’s first- and second-generation EVs, aiming to deliver…
Tesla’s market value plummeted by $380 billion USD in 2025, marking the largest loss among top global companies and raising concerns for electric vehicle (EV) enthusiasts and industry professionals. This dramatic drop, driven by declining EV demand and Chief Executive…
President Donald Trump is parting ways with his Tesla Model S after a public falling out with Tesla CEO Elon Musk, a move that underscores tensions between the two influential figures and raises questions about the electric vehicle (EV) industry’s…
AESC, a Japanese battery manufacturer, has paused construction on its $1.6 billion factory in Florence, South Carolina, designed to supply batteries for BMW’s electric vehicles (EVs). The decision, stems from uncertainties in federal EV policies and potential tariff changes under…
A growing rift between U.S. President Donald Trump and Tesla CEO Elon Musk has sparked concerns for the electric vehicle (EV) industry, as the two clash over a tax-cut bill that could reshape federal spending and EV market dynamics. According…
Tesla is pushing to block the city of Austin, Texas, from releasing public records about its planned robotaxi launch, sparking a debate over transparency as the electric vehicle giant prepares to roll out self-driving taxis this month. According to Reuters,…
A growing number of Tesla drivers in the UK are trading in their electric vehicles (EVs) for Polestar models, with Polestar’s UK managing director reporting conversions at a “fairly high rate.” This shift comes as Tesla faces a steep 36%…
Chinese authorities have called on major electric vehicle (EV) manufacturers, including BYD, to halt aggressive price wars that are threatening the industry’s stability, according to a recent meeting in Beijing. Reported by Bloomberg the Ministry of Industry and Information Technology…
Today, Tesla’s stock plummeted 16% as a public feud between CEO Elon Musk and President Donald Trump intensified, threatening federal subsidies critical to the electric vehicle (EV) maker’s growth. The clash, fueled by Musk’s provocative claim about Trump’s ties to…
Tesla’s China-made electric vehicle (EV) sales fell 15% year-over-year in May 2025, marking the eighth consecutive month of decline, according to a recent Reuters report. The drop highlights the intense competition in China, the world’s largest auto market, where price…
Tesla’s dominance in China’s electric vehicle (EV) market is crumbling, with shipments from its Shanghai factory dropping 15% in May 2025 compared to the previous year, marking the eighth consecutive month of decline. According to a recent Bloomberg article, this…
UK new car sales rose in May 2025, with electric vehicles (EVs) leading the charge thanks to heavy discounts, according to Reuters. Total registrations climbed 1.6% year-over-year to 150,070 units, marking the best May performance since 2021. EV Discounts Fuel…
In May 2025, UK new car registrations rose by 1.6% to 150,000 units, with all-electric vehicles (EVs) making up 32,000 of those sales—a 25% jump from the same month last year. However, Tesla, a former EV market leader, saw its…
A recent Forbes report reveals growing discontent among Tesla’s major shareholders, with pension funds and state officials urging the electric vehicle (EV) giant’s board to replace CEO Elon Musk. A consumer sentiment survey highlights that 51% of EV-curious adults view…
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…
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