Ultium, Silverado EV, Equinox EV and the Cruise aftermath — General Motors’ electric line, covered.
In a move highlighting the tension between Republican fiscal priorities and local economic benefits, Rep. Nancy Mace (R-South Carolina) has privately urged the Trump administration to release $285 million in federal funding for a Mercedes-Benz Vans plant northwest of Charleston to shift to electric vehicle (EV) production. The funds, part of a $1.8 billion grant…
On June 29, 2025, Vietnamese electric vehicle (EV) manufacturer VinFast began production at its new Ha Tinh factory, a strategic move to scale up output of affordable mini urban models amid global expansion challenges. The facility, spanning 90 acres, aims to produce 200,000 vehicles annually, complementing the company’s flagship Haiphong plant, which targets 950,000 units…
In a game-changer for electric vehicle (EV) drivers, Tesla’s expansive Supercharger network is now accessible to GM and Ford EVs, offering unmatched reliability and convenience. At a sprawling 76-stall Tesla Supercharger site at Tejon Outlets in Southern California, a recent observation revealed a Honda Prologue, Ford Mustang Mach-E, and GMC Sierra Denali EV charging alongside…
BMW is gearing up to rival the Tesla Model 3 with its next-generation i3, a sleek sedan built on the innovative Neue Klasse platform, slated for a 2027 launch. According to recent reports, the i3 will offer an impressive range of up to 560 miles and a performance-focused M60 xDrive trim boasting 630 horsepower, positioning…
On June 16, 2025, Polestar, the Sweden-based electric vehicle (EV) manufacturer, announced a $200 million equity investment from PSD Investment, a firm controlled by Geely Holding Group’s founder, Li Shufu. This funding, reportedly secured through a private investment in public equity (PIPE), aims to fuel Polestar’s global expansion and strengthen its position in the competitive…
Despite a sluggish start, electric vehicle (EV) sales are set to gain momentum, driven by falling prices, growing incentives, and a surge in model variety, according to recent industry forecasts. Cox Automotive and J.D. Power highlight a dynamic shift in the EV market, offering hope for enthusiasts and prospective buyers. Current Sales Trends Signal a…
Volex, a leading cable manufacturer, reported a 25% profit increase for the year ending March 2025, driven by soaring demand for its electric vehicle (EV) chargers. Despite concerns over U.S. tariffs under President Trump, the company’s strategic global operations and strong client base, including Tesla, fueled its financial success, pushing shares to a nine-month high,…
Xiaomi Corp.’s stock soared 8% to an all-time high after its $35,360 YU7 electric SUV, unveiled on June 26, 2025, drew an impressive 289,000 pre-orders in just one hour, signaling strong demand in China’s competitive EV market. Priced at 253,500 yuan, the YU7 undercuts Tesla’s Model Y by about $1,400, positioning Xiaomi as a formidable…
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