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Chinese Automaker GAC to Build Electric AION V in Austria, Dodging EU Tariffs
Tesla

Chinese Automaker GAC to Build Electric AION V in Austria, Dodging EU Tariffs

China’s Guangzhou Automobile Group (GAC) will manufacture its AION V electric SUV at Magna International’s Austria facility, the companies announced Thursday, marking the second Chinese EV brand in two months to use European contract manufacturing as a workaround for steep EU tariffs on China-made vehicles. The move highlights a rapidly emerging strategy among Chinese automakers:…

Trump Touts Tesla Tax Break That Replaced the $7,500 EV Credit His Bill Killed
Tesla

Trump Touts Tesla Tax Break That Replaced the $7,500 EV Credit His Bill Killed

President Donald Trump highlighted a vehicle loan interest tax deduction during a November 19, 2025 speech, specifically mentioning Tesla and claiming the policy helps “middle income people” afford cars—four months after the same legislation eliminated the $7,500 EV tax credit that made electric vehicles genuinely affordable for average buyers. “Middle income people, they don’t know…

Porsche Bets On $165,000 Electric Cayenne Weeks After Declaring Luxury EV Pricing Model Broken
Porsche

Porsche Bets On $165,000 Electric Cayenne Weeks After Declaring Luxury EV Pricing Model Broken

Porsche unveiled the 2026 Cayenne Electric today, crowning it the most powerful production vehicle in the German automaker’s 77-year history with a staggering 1,139 horsepower. The launch comes just weeks after Porsche posted a $1.1 billion quarterly loss and declared that its luxury EV business model no longer works. The electric SUV will arrive in…

Rivian’s $120M Supplier Park in Illinois Signals EV Production Boom by 2026
Rivian

Volkswagen Admits Rivian Tech Could Power Gas Cars As EV Strategy Wavers Post-Tax Credit

Volkswagen suggested Wednesday that technology developed through its $5.8 billion partnership with Rivian could eventually be used in internal combustion engine vehicles, marking a notable shift in messaging just six weeks after the federal EV tax credit expired and triggered a historic market collapse. The acknowledgment from Carsten Helbing, co-CEO of the joint venture RV…

Bentley CEO Admits EV Acceptance At "All-Time Low," Unveils £400,000 Petrol Supersports Instead
Bentley

Bentley CEO Admits EV Acceptance At “All-Time Low,” Unveils $515,000 Petrol Supersports Instead

Bentley CEO Frank-Steffen Walliser has publicly acknowledged that electric vehicle acceptance has hit an “all-time low” while announcing the luxury automaker’s next new model will be a petrol-powered Supersports performance car—not the EV the company promised just three years ago. The admission comes in a rare interview with The Sunday Times published November 8, marking…

Volkswagen to Ditch ID Moniker for Traditional Names on Electric Vehicles
Porsche

Volkswagen Posts €1.3 Billion Loss As Porsche’s EV Disaster And Trump Tariffs Deliver Double Blow

Volkswagen Group reported a €1.3 billion ($1.4 billion) operating loss for the third quarter of 2025, marking the German automaker’s first quarterly loss since the pandemic as it absorbs massive charges from Porsche’s failed electric vehicle strategy and President Trump’s punishing import tariffs. The Times reported that Europe’s biggest carmaker swung from a €2.8 billion…

Porsche’s Electric 718 Cayman Disguises Itself As A 911 At Nürburgring
Porsche

Porsche’s Electric 718 Cayman Disguises Itself As A 911 At Nürburgring

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…

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