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BYD

Chinese EV Giants BYD and Chery Outpace Tesla, GM, and VW in 2025 Global Race

In 2025, Chinese automakers BYD and Chery are reshaping the electric vehicle (EV) landscape, outmaneuvering global giants like Tesla, General Motors (GM), and Volkswagen (VW) with unprecedented speed and scale. A Reuters investigation reveals how these companies slashed vehicle development times to as little as 18 months, compared to over five years for Western rivals,…

Trump’s “Big Beautiful Bill” Ends $7,500 EV Credit, Impacting Owners and Enthusiasts
Model 3

Trump’s “Big Beautiful Bill” Ends $7,500 EV Credit, Impacting Owners and Enthusiasts

The U.S. House has officially passed President Donald Trump’s “Big Beautiful Bill,” a major budget package that ends the $7,500 EV credit for new car sales, effective September 30, 2025, as reported by Reuters. Signed into law by Trump, this shift will raise costs for EV owners and enthusiasts, marking a significant change for the…

Meanwhile Giga Berlin started to crank out Tesla Model Y vehicles
Germany

Tesla Sales Plummet 60% in Germany as EV Market Grows in June 2025

In June 2025, Tesla’s sales in Germany dropped by a staggering 60%, with only 1,860 vehicles sold compared to the previous year, according to the German road traffic agency KBA. Despite a robust 8.6% rise in overall battery electric vehicle (EV) registrations, Tesla’s decline highlights mounting challenges for the U.S. automaker in Europe’s largest car…

Hybrids Take Lead as Electric Vehicle Sales Plummet in California—A Wake-Up Call for EV Industry
Ford

Flood of Affordable Used EVs Hits Market as Lease Returns Surge

A wave of affordable used electric vehicles (EVs) is flooding the market as leases signed under a 2022 tax loophole begin to mature, offering budget-conscious buyers unprecedented access to EVs. According to Cox Automotive, nearly 1 million EVs were leased from early 2022 through March 2025, driven by incentives that made leasing more attractive than…

Morgan Stanley Downgrades Lucid, Rivian to Sell, Warns of 'EV Winter' Into 2026
Lucid

Lucid’s Q2 2025 Deliveries Climb 38% but Fall Short of Expectations Amid EV Market Shifts

On July 2, 2025, Lucid Group, Inc. reported a 38% increase in second-quarter vehicle deliveries, reaching 3,309 electric vehicles (EVs), up from 2,394 in Q2 2024. However, the figures missed Wall Street’s expectations of 3,611 units, reflecting challenges in the luxury EV market as economic pressures push consumers toward cheaper hybrids and gas-powered cars, according…

Tesla

Tesla’s Q2 2025 Deliveries Drop 14%, Yet Stock Rises on Better-Than-Expected Results

Tesla’s second-quarter 2025 deliveries declined by 14% compared to last year, but the numbers proved less severe than anticipated, boosting the company’s stock price. According to a post on X by Sawyer Merritt on July 2, 2025, Tesla delivered 384,122 vehicles, including 373,728 Model 3 and Model Y units, and 10,394 other models like the…

Tesla

Tesla’s China-Made EV Sales Rise in June 2025, Breaking 8-Month Decline Amid BYD Rivalry

In a notable shift, Tesla’s China-made electric vehicle (EV) sales climbed 0.8% year-over-year in June 2025, reaching 71,599 units and halting an eight-month downward trend, according to Reuters. Despite this uptick, fierce competition from Chinese rivals like BYD, whose global sales soared 11% to 377,628 vehicles last month, continues to challenge Tesla’s foothold in the…

Xiaomi

Xiaomi YU7 Delivery Delays Frustrate 240,000 EV Buyers in China

China’s electric vehicle (EV) market is electrified by Xiaomi’s YU7 SUV, but delivery waits of up to 60 weeks have sparked backlash among eager buyers. The smartphone-turned-EV maker secured 240,000 orders within 18 hours of the YU7’s launch on June 26, 2025, overwhelming its production capacity, with only a few vehicles ready for immediate delivery,…

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