Ultium, Silverado EV, Equinox EV and the Cruise aftermath — General Motors’ electric line, covered.
U.S. motor vehicle sales plummeted in October 2025 as the elimination of federal EV tax credits sent electric vehicle demand into freefall and broader economic uncertainty kept car shoppers away from dealerships. The data reveals the immediate aftermath of one of the most significant policy shifts in American automotive history. Light vehicle sales decreased 6.5%…
Rivian Automotive posted better-than-expected third-quarter earnings Tuesday, reporting a narrowed adjusted loss and positive gross profit for the second time this year. But the electric vehicle maker’s stock surge couldn’t mask the harsh reality waiting just beyond the quarterly numbers: October EV sales plummeted 43% compared to the same month last year, according to automotive…
Volkswagen has secured 2.3 billion reais ($425.62 million) in credit lines from Brazil’s state development bank BNDES to accelerate hybrid vehicle development across South America, according to Reuters. The German automaker announced Friday it will use the financing to offer hybrid versions of all new vehicles developed and manufactured in the region starting in 2026.…
Ford CEO Jim Farley has escalated his warnings about Chinese automotive dominance to existential levels, declaring that China’s manufacturing capacity could single-handedly destroy the entire North American auto industry. In a stark CBS Sunday Morning interview that aired October 26, Farley compared the Chinese threat to 1980s Japan “on steroids”—his most alarming public assessment yet…
Elon Musk floated an audacious idea during Tesla’s Q3 2025 earnings call that flew under the radar: transforming the company’s millions of parked vehicles into a massive distributed computing network for artificial intelligence. The proposal, shared by Tesla analyst Nic Cruz Patane on October 28, suggests using idle Teslas as AI inference processors when they’re…
Porsche is testing heavily camouflaged electric 718 Cayman prototypes at Germany’s Nürburgring circuit, with the sports car wearing fake bodywork designed to make it resemble a 911. The testing comes as Porsche posts its first quarterly loss ever—a staggering $1.1 billion wipeout—while simultaneously developing both electric and combustion versions of its entry-level sports car for…
BMW is showcasing its revolutionary iX3 electric SUV at the Japan Mobility Show 2025 in Tokyo, marking the Asian premiere of the first production model from the automaker’s groundbreaking Neue Klasse platform. The iX3 debuts with industry-leading 400 kW fast charging capability and next-generation electric drivetrain technology that BMW claims will redefine the premium EV…
General Motors is laying off more than 3,300 electric vehicle workers across Michigan, Ohio, and Tennessee as the automaker slashes EV production following the expiration of federal tax credits. The cuts represent one of the most significant workforce reductions in the industry since the $7,500 EV incentive ended on September 30, 2025. The layoffs come…
One email with the EV news that matters — Tesla, Rivian, BYD, and everything in between, straight from the newsroom. No spam, no fluff.
