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Ford has pulled its annual guidance, bracing for a staggering $1.5 billion blow from U.S. President Donald Trump’s tariffs, the automaker announced on Monday, May 5, 2025. As reported by Reuters, this move comes amid uncertainty over the levies, which are set to ripple through the electric vehicle (EV) industry, hitting Ford’s ambitious EV plans…
Imagine a boat that skims the ocean at 180 miles per hour, powered entirely by electricity, revolutionizing coastal travel. That’s the bold vision of Regent, a Rhode Island-based company, whose electric seagliders are set to redefine transportation. By blending boat and aircraft technology, founders Billy Thalheimer and Mike Klinker are bypassing the Federal Aviation Administration’s…
Stellantis and partner Factorial Energy just dropped a bombshell in the electric vehicle world, announcing they’ve successfully validated automotive-sized solid-state battery cells that promise faster charging, higher energy density, and impressive performance even in tough temperatures. This breakthrough, detailed in a recent Stellantis press release, signals a major leap towards making next-gene
Tesla ignited excitement among electric vehicle (EV) enthusiasts in the U.S. with a series of aggressive promotions aimed at making its lineup more accessible than ever. Announced via a detailed post on X by Sawyer Merritt, these incentives—ranging from free Full Self-Driving (FSD) transfers to steep discounts for loyal owners—signal Tesla’s intent to dominate the…
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, which spares car parts from fentanyl-related tariffs on Chinese imports and steel and alumi
On April 17, 2025, treasurers from eight US states issued a stern open letter to Tesla Inc.’s board chair, Robyn Denholm, expressing deep concerns
On April 15, 2025, a report from Japan’s Nikkei newspaper sparked concern by claiming Honda Motor Co. was planning to shift production of its CR-V and Civic models from Canada to the United States to dodge new U.S. tariffs. Canadian officials swiftly debunked the claim, with Ontario Premier Doug Ford and Federal Industry Minister Anita…
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. According to a report by The Wall Street Journal, the decision stems from lackluster demand…
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