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Ferrari plans to unveil the technological core of its first electric vehicle on October 9, 2025, during the company’s Capital Markets Day, marking a significant step in the luxury automaker’s shift toward electrification. CEO Benedetto Vigna reportedly expressed strong optimism during the Q2 2025 earnings call, emphasizing no setbacks in the project’s timeline. This development…
Imagine ditching power windows for a sub-$20K electric pickup—sounds crazy, right? But Bezos-backed Slate Auto thinks it’s genius, especially with that $7,500 tax credit vanishing soon. Slate Auto, a Michigan-based startup backed by Amazon founder Jeff Bezos, is introducing a minimalist electric pickup truck priced under $20,000, but the impending expiration of a $7,500 federal…
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…
Tesla released its Q2 2025 earnings on July 23, reporting adjusted earnings of 40 cents per share, just below the average analyst estimate, alongside revenue of $22.5 billion that fell 12% year-over-year, marking the sharpest decline in at least a decade. Gross margin came in higher than anticipated. Updated as of 16:56 EST The company…
Rivian has unveiled plans for its new East Coast headquarters in Atlanta, a key step that supports the automaker’s renewed push to scale production at its nearby Georgia manufacturing facility. This development follows months of financial adjustments, including layoffs, but highlights Rivian’s focus on growth through affordable electric vehicles. The headquarters will open in late…
Lucid Group Inc.‘s interim CEO Marc Winterhoff has cautioned that proposed tariffs under President Donald Trump will elevate automobile production costs, affecting even vehicles assembled in the United States. This development stems from the automotive industry’s reliance on a global supply chain, which requires importing essential raw materials and components. In a Bloomberg Television interview,
Honda introduced its Super EV concept at the 2025 Goodwood Festival of Speed, blending compact design with engaging electric performance to appeal to urban drivers. This debut highlights the automaker’s push toward enjoyable EVs, as it promises “fresh, ‘fun-to-drive’ electric performance alongside trademark Honda usability,” according to a press release on Honda’s Goodwood activities. Design…
BYD’s premium Denza brand is gearing up to challenge the iconic Land Rover Defender with its upcoming B5 plug-in hybrid 4×4 SUV, promising around 50 miles of electric-only driving—twice the real-world range of its British counterpart—while delivering robust off-road capabilities and advanced tech at a more accessible price point. This development highlights the growing influence…
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