Ultium, Silverado EV, Equinox EV and the Cruise aftermath — General Motors’ electric line, covered.
Volvo has teased the all-new 2026 XC70 plug-in hybrid electric vehicle (PHEV), reviving the iconic Cross Country nameplate with a remarkable 125-mile electric range. This announcement positions the XC70 as a standout choice for EV enthusiasts seeking a versatile crossover with extended-range capabilities, set to launch in 2026. Powertrain and Performance Specs The 2026 XC70…
On May 9, 2025, Wolfspeed (WOLF.N), a key player in the electric vehicle (EV) supply chain, saw its shares drop 23% after the company raised concerns about its financial stability and slashed its annual revenue forecast. The chipmaker, known for producing silicon carbide (SiC) wafers critical for EV power electronics, is grappling with sluggish demand…
Kia is gearing up to launch the global version of its EV5 electric SUV in the third quarter of 2025, bringing a refined contender to the electric vehicle market. With production slated at Kia’s Autoland Gwangju plant in South Korea, the EV5 aims to challenge the Tesla Model Y with competitive pricing, updated design, and…
Lucid Motors has rolled out aggressive pricing and incentives for its 2025 Lucid Air lineup, making its luxury electric vehicles (EVs) more accessible to buyers. The updated pricing, detailed on Lucid Motors’ official website, positions the Air Pure, Air Touring, and Air Grand Touring as compelling options in the competitive EV market, with cash prices…
Slate Auto, an upstart electric vehicle manufacturer, is making waves with a $700 million fundraising haul backed by Jeff Bezos’s investment firm, Bezos Expeditions. The funding, confirmed by Newsweek, spans Series A and B rounds, with the final close in late 2024, setting the stage for Slate to challenge the EV market with its no-frills,…
On May 6, 2025, Tesla launched a more affordable version of its popular Model Y, pricing the long-range rear-wheel drive variant at $44,990, which drops to $37,490 after a $7,500 federal tax credit. This move, reported by Reuters, aims to boost sales amid a 13% quarterly sales drop—the weakest in nearly three years—driven by rising…
Ford Motor has increased prices on three of its Mexico-produced electric vehicles (EVs), including the Mustang Mach-E, due to tariffs imposed by U.S. President Donald Trump. The automaker announced the price hikes on May 7, 2025, citing mid-year pricing adjustments and the economic pressures of the tariffs, according to a Reuters report. This move signals…
Audi has dropped fresh official photos of the E5 Sportback, a China-exclusive electric SUV that’s turning heads with its futuristic design and bold purple finish. Unveiled at Auto Shanghai 2025 on April 23, this model marks Audi’s strategic push into China’s booming EV market with a vehicle that blends German engineering with local innovation, developed…
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