C-Class EQ, GLC, G 580 and the solid-state roadmap — Stuttgart’s electric line, decoded.
Uber is launching a $4,000 grant program for drivers purchasing electric vehicles in select states, stepping in just as the federal EV tax credit vanished from the market. The ride-hailing giant announced Wednesday it’s rebranding “Uber Green” to “Uber Electric” while rolling out its Go Electric grants to drivers in California, New York, Colorado, and…
Buckle up, EV enthusiasts: BMW might ship in Chinese batteries for its U.S.-built Neue Klasse models, all because a key supplier hit the brakes on a massive American factory. Drama in the supply chain? BMW is weighing the option to import batteries from China for its upcoming electric vehicles assembled in the United States, following…
Mercedes-Benz signals a bold pivot toward electrification amid recent sales dips, announcing plans for numerous electric vehicles (EVs) over the next two years as part of what the company calls “the biggest product launch program in the history of Mercedes-Benz.” This strategy aims to rejuvenate demand by blending traditional combustion models with a surge in…
Tesla registrations tumbled in several European countries in July, even after the company introduced a refreshed Model Y, as CEO Elon Musk’s political stance, stricter regulations, and intensifying competition weigh on demand. This downturn highlights broader challenges for the electric vehicle giant in a market shifting toward affordable rivals, reports Reuters. Sharp Declines in Major…
Imagine shelling out for a sleek Porsche Taycan, only for tariffs to jack up prices – that’s the harsh reality hitting Mercedes and Porsche as they slash profit forecasts amid US trade blows and China’s cutthroat EV battles. Mercedes-Benz Group AG and Porsche AG have revised their annual profit expectations downward, highlighting the impact of…
Ouch! Europe’s new car registrations tanked 5.1% last month—here’s why EV momentum is fading and what it spells for drivers. Europe’s automotive market faced a significant setback in June, with new car registrations dropping 5.1% to 1.24 million vehicles—the steepest decline in 10 months—as growth in battery-electric vehicle (EV) sales slowed to its weakest pace…
Mercedes-Benz has announced a temporary halt to production of its EQE and EQS electric vehicle models in the U.S., a move that underscores growing challenges for the EV sector as federal incentives are poised to vanish. This decision arrives just ahead of the September 30 expiration of tax credits under the Biden administration, potentially signaling…
As electric vehicle sales falter, major battery manufacturers are shifting focus to a booming market in large-scale energy storage systems, offering a potential buffer against losses in the automotive sector. This strategic pivot helps utilize underused factories and taps into rising demand from utilities and data centers, according to a recent analysis from the WSJ.…
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