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South Korea’s LG Energy Solution (LGES), a leading supplier of electric vehicle (EV) batteries for giants like Tesla and General Motors, reported a remarkable 152% increase in its second-quarter operating profit for 2025, reaching 492 billion won ($360.94 million), according to Reuters. This surge, driven by heightened demand for EV batteries and strategic U.S. tax…
President Trump’s “Big Beautiful Bill,” slated for signing in the coming days, delivers a seismic shift to electric vehicle (EV) incentives, Zero-Emission Vehicle (ZEV) credit systems, and clean energy policies. This legislation, detailed by EV industry analyst Sawyer Merritt, reshapes the landscape for EV owners, automakers, and enthusiasts, balancing new opportunities with significant challenges
A wave of affordable used electric vehicles (EVs) is flooding the market as leases signed under a 2022 tax loophole begin to mature, offering budget-conscious buyers unprecedented access to EVs. According to Cox Automotive, nearly 1 million EVs were leased from early 2022 through March 2025, driven by incentives that made leasing more attractive than…
General Motors (GM) is making a bold move to dominate the electric vehicle (EV) market by hiring Kurt Kelty, a former Tesla battery expert, to lead its charge toward affordable family cars. With Kelty’s 11 years of experience at Tesla, GM aims to lower EV costs and challenge Tesla’s lead, a shift that could reshape…
Legendary rocker Neil Young debuted a fiery new song, “Let’s Roll Again,” at a Los Angeles benefit concert on April 26, 2025, taking aim at Elon Musk and Tesla with politically charged lyrics. According to the San Francisco Chronicle, Young’s performance at the Autism Speaks’ Light Up the Blues event criticized Musk’s Tesla while advocating…
In a landmark case, General Motors (GM) is embroiled in a multi-district lawsuit accusing the automaker of violating customer privacy by collecting and selling driving data without proper consent, as reported by Law360. The Detroit-based company reportedly argues that driving on public roads negates any expectation of privacy, a defense that could reshape how electric…
Hertz is taking an innovative approach to reducing its electric vehicle fleet, offering significant discounts to current renters who might be interested in purchasing their rental vehicles. The rental giant is listing 2023 Tesla Model 3s for as low as $17,913 – a striking price point that sits well below current market values, reports The…
Tesla is preparing to introduce a smaller, more affordable version of its popular Model Y crossover in late 2025, according to automotive intelligence firm AutoForecast Solutions. The development aligns with Tesla’s broader strategy to expand its market reach through more accessible price points while maintaining its industry-leading cost efficiency, reports Forbes. Sam Fiorani, an analyst…
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