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Zeekr

Zeekr to Delist from U.S. Stock Exchange as Geely Privatizes EV Brand One Year After IPO

Chinese billionaire Eric Li’s decision to privatize Zeekr, a New York-listed electric vehicle (EV) brand, marks a significant shift for the company just one year after its U.S. initial public offering (IPO). According to a Forbes report, parent company Geely Automobile will buy out Zeekr’s remaining shares for $2.2 billion, delisting the EV maker as…

Kia

Kia EV5 Global Launch Set for 2025: Upgraded Electric SUV Targets Tesla Model Y

Kia is gearing up to launch the global version of its EV5 electric SUV in the third quarter of 2025, bringing a refined contender to the electric vehicle market. With production slated at Kia’s Autoland Gwangju plant in South Korea, the EV5 aims to challenge the Tesla Model Y with competitive pricing, updated design, and…

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

Lucid Motors Slashes 2025 Air Model Prices with New Offers for EV Buyers

Lucid Motors has rolled out aggressive pricing and incentives for its 2025 Lucid Air lineup, making its luxury electric vehicles (EVs) more accessible to buyers. The updated pricing, detailed on Lucid Motors’ official website, positions the Air Pure, Air Touring, and Air Grand Touring as compelling options in the competitive EV market, with cash prices…

Renault

Renault 5 Turbo 3E EV Garners 850 Orders in First Week at $176,000 Price Point

Renault’s electrified revival of the iconic 1980s R5 Turbo, unveiled as the Renault 5 Turbo 3E at the 2022 Paris Auto Show, has sparked significant enthusiasm among electric vehicle (EV) enthusiasts. The limited-edition hatchback, priced at 155,000 euros ($176,000), secured 850 reservations within its first week of orders, according to Reuters, highlighting strong demand for…

Slate

Slate Auto Secures $700M with Jeff Bezos Backing to Redefine Affordable EVs

Slate Auto, an upstart electric vehicle manufacturer, is making waves with a $700 million fundraising haul backed by Jeff Bezos’s investment firm, Bezos Expeditions. The funding, confirmed by Newsweek, spans Series A and B rounds, with the final close in late 2024, setting the stage for Slate to challenge the EV market with its no-frills,…

Tesla

Tesla’s Battery Tech Leader Vineet Mehta Departs After 18 Years, Signals Bright Future for EV Innovation

Tesla’s Director of Battery Technology and Powertrain Architecture, Vineet Mehta, announced his departure from the company after 18 years, marking the end of a pivotal era for Tesla’s electric vehicle (EV) advancements. Mehta, who joined Tesla in 2007, shared his exit on LinkedIn, reflecting on his role in shaping the company’s battery and powertrain roadmap…

Tesla

U.S. Slashes Tariffs on UK Electric Vehicles to 10%, Boosting EV Market Access

On May 8, 2025, the U.S. announced a significant reduction in tariffs on UK-made cars, including electric vehicles (EVs), dropping the rate from 27.5% to 10%. This decision, part of a broader economic deal with the UK, also eliminates tariffs on steel and aluminum, setting them to 0%. For EV enthusiasts and industry professionals, this…

EV Tensions Rise: EU Launches Subsidy Probe, China Reacts Strongly
BYD

BYD Targets 50% Overseas Sales by 2030, Focusing on Europe and Latin America

Chinese electric vehicle (EV) giant BYD is setting its sights on global expansion, aiming for half of its sales to come from outside China by 2030, according to a recent report from CNEVPost. The company plans to drive growth primarily through Europe and Latin America, positioning itself to compete with the world’s largest automakers. BYD’s…

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