Tesla is set to introduce a more budget-friendly version of its popular Model Y, codenamed E80, this July, according to reports circulating on Chinese social media. Shared by Tesla Newswire, the announcement highlights a strategic move to broaden Tesla’s market…
Nissan Motor is set to halt vehicle production at its Wuhan plant in China by March 31, 2026, a decision that marks a significant retreat for the Japanese automaker in the world’s largest electric vehicle (EV) market. According to two…
President Donald Trump’s administration has announced exemptions for U.S. automakers from certain tariffs, a significant concession following intense lobbying by industry leaders concerned about rising electric vehicle (EV) costs and supply chain disruptions, according to the Financial Times. This decision,…
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 April 21, 2025, Saudi Aramco, the world’s largest oil company, announced a groundbreaking joint development agreement with Chinese electric vehicle (EV) manufacturer BYD to explore new energy vehicle technologies. The deal, signed through Aramco’s subsidiary Saudi Aramco Technologies Company…
On April 20, 2025, Sawyer Merritt, a prominent Tesla commentator with 870K followers on X, shared a detailed list of investor questions slated for Tesla’s Q1 2025 earnings call, scheduled for Tuesday. The post, which garnered significant attention, reflects the…
On April 17, 2025, Reuters reported a significant shift in Hyundai Motor’s electric vehicle (EV) strategy, citing South Korea’s Yonhap news agency. Hyundai Motor (005380.KS) plans to temporarily suspend production of some EVs at its Ulsan complex due to sluggish…
Tesla stock showed signs of recovery on Monday, April 14, 2025, rising 3.4% to $260.92 in early trading after President Donald Trump excluded smartphones and certain electronics from his most severe import tariffs. This positive movement occurs during a challenging…
On April 11, 2025, General Motors (GM) announced the temporary suspension of its BrightDrop electric delivery van production at its CAMI plant in Ingersoll, Ontario, a move that will result in the layoff of approximately 500 workers starting April 14.…
The European Union and China have taken a significant step toward potentially resolving their long-standing dispute over electric vehicle imports, with officials from both sides agreeing to explore minimum pricing as an alternative to the current tariff system, a European…
China’s electric vehicle market continues to surge with impressive momentum, as leading manufacturers reported substantial February delivery figures over the weekend. BYD and XPeng demonstrated particularly strong performance, with several players showing triple-digit year-over-year growth amid an increasingly competitive landscape.…
Nationwide demonstrations targeting Tesla showrooms broke out on Saturday as protestors voiced opposition to CEO Elon Musk’s controversial role in the Trump administration’s aggressive federal workforce reduction program, according to Reuters. The protests highlight growing tensions between the EV maker’s…
Tesla’s European sales have plummeted by 45% year-over-year, with vehicle registrations dropping from 18,161 in January 2024 to just 9,945 in January 2025, according to the European Automobile Manufacturers’ Association (ACEA). This sharp decline, reported by The Washington Post in…
Norway has achieved an unprecedented milestone in electric vehicle adoption, with battery-electric vehicles accounting for 88.9% of all new car sales in 2024, up from 82.4% the previous year according to data from the Norwegian Road Federation (OFV). This remarkable…
China’s rapid electric vehicle adoption is creating unprecedented pressure on traditional oil markets, with potential long-term implications for global energy dynamics. The world’s largest automotive market is witnessing a fundamental transformation as electric vehicles capture over 50% of new passenger…
General Motors’ dramatic fall from market leader to 16th place in China represents one of the most significant shifts in global automotive history, with sales plummeting 42.5% in the first 11 months of 2024 and forcing a $5 billion write-down…
Chinese electric truck manufacturers are leveraging their established EV supply chain advantages to dominate the nascent electric trucking sector, capturing 70% of global sales in 2023 despite electric trucks representing less than 1% of worldwide truck sales. However, this expansion…
Chinese electric vehicle manufacturer Nio has unveiled its most ambitious vehicle to date – the ET9 executive sedan – directly targeting the stronghold of German luxury automakers in China’s premium vehicle segment. The $110,080 electric flagship, slated for March deliveries,…
The European Union’s transition to electrified vehicles hit a significant milestone in 2023, with hybrid and battery-electric vehicles collectively matching traditional internal combustion engine (ICE) registrations for the first time. New data from Eurostat reveals that electrified vehicles captured 48.3%…
Chinese electric vehicle manufacturer Nio is implementing a strategic shift toward improved efficiency and cost control while expanding production capacity to address growth that’s currently lagging two years behind schedule. CEO William Li made these announcements during a press briefing…
Japanese automakers, including their emerging EV divisions, might face new challenges as incoming U.S. President Donald Trump considers imposing significant tariffs on Japanese vehicle exports, according to Moody’s Analytics senior economist Stefan Angrick in a recent interview. Campaign Promises and…
Premium EV maker Nio reported disappointing third-quarter results as intense price competition in China’s electric vehicle market continues to squeeze margins and impact sales targets, reports Bloomberg. Revenue Growth Overshadowed by Losses The Chinese automaker posted revenue of 18.7 billion…
The European Union is ramping up its defensive stance against Chinese electric vehicle imports through a combination of increased tariffs and new intellectual property sharing requirements, according to reporting from the Financial Times. New Rules for Chinese EV Companies Brussels…
China just hit a massive milestone in its EV revolution, with its 10 millionth electric vehicle rolling off production lines – beating 2023’s output seven weeks early according to a report from OilPrice.com. Record-Breaking Growth Despite Economic Challenges Chinese EV…
Breaking New Ground in EV Tech Collaboration In a major strategic move that’s reshaping the EV landscape, Volkswagen and Rivian have announced an ambitious joint venture focused on developing advanced software and electronics for electric vehicles. The partnership, which significantly…
Italy is leading a renewed push to revise the European Union’s landmark 2035 combustion engine ban, gaining support from the Czech Republic in calling for a broader approach to vehicle technologies beyond pure electric solutions. According to a Bloomberg News…
Audi has unveiled a new electric vehicle (EV) brand in China, targeting younger drivers with a fresh branding approach that omits the company’s signature four-ring logo. The new brand, simply named AUDI, marks a strategic partnership with Chinese automaker SAIC.…
Chinese EV maker Nio is branching out into hybrids, with plans to launch its first hybrid model in 2026 exclusively for overseas markets. The surprising move comes as the company adapts to challenges in international markets, according to a Reuters…
The European Union has made a decisive move by implementing increased customs duties on Chinese-made electric vehicles, marking a watershed moment in the evolving trade relationship between the EU and China, according to AP News. This decision comes after failed…
In a striking demonstration of China’s evolving technological resilience, BYD has emerged as a global EV powerhouse, now selling more electric vehicles than Tesla Inc., while successfully navigating US trade restrictions through strategic international expansion. This development comes amid broader…
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