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Xpeng Ignites Share Surge with Affordable EV
Cybertruck

EU Eases Tariffs on Chinese-Made EVs After Consultations

The European Union is set to lower its proposed tariffs on electric vehicles (EVs) imported from China, following consultations with affected companies. This development comes as part of an ongoing trade dispute between the EU and China over EV subsidies and market competition, reports the SCMP. Key Points Background The European Commission launched an investigation…

Tesla Emerges Victorious in Autopilot Crash Lawsuit - Tesla's 11-Day Winning Streak Shakes Short Sellers
Tesla

Tesla Confirms Robotaxi Unveiling in Los Angeles on October 10th

Tesla has officially announced that their highly anticipated Robotaxi unveiling event will take place in Los Angeles on October 10th. The company is offering a unique opportunity for shareholders to attend the event through a random drawing. Each share owned will count as an entry into the drawing, with results being communicated the week of…

Chinese EV Makers and Suppliers Make a Splash at Frankfurt Trade Fair
Cybertruck

Chinese EV Makers and Suppliers Make a Splash at Frankfurt Trade Fair

In a bold move to expand their global footprint, nearly 900 Chinese auto suppliers and a handful of EV makers are showcasing their products at the Automechanika trade fair in Frankfurt. This event, which typically focuses on suppliers, has added a special “EV Expo” to highlight Chinese-made electric vehicles. The initiative comes as the Chinese…

Citroën AMI's Solar-Powered African Adventure
Tesla

Citroën AMI’s Solar-Powered African Adventure

Citroën is gearing up for an epic journey across Africa with four electric vehicles powered solely by custom-made solar panels. This ambitious trek, dubbed La Croisière Verte, aims to showcase the long-distance potential of compact, lightweight EVs. The expedition, set to cover 8,388 miles (13,500 km), will commence this October, marking the centennial anniversary of…

Spain's Prime Minister Visits China Amid EV Tariff Spat
China

Spain’s Prime Minister Visits China Amid EV Tariff Spat

Spanish Prime Minister Pedro Sánchez is set to meet with Chinese President Xi Jinping and other top officials on Monday, marking his second trip to China in just over a year. This visit comes amidst a tense backdrop of trade disputes, particularly over electric vehicles (EVs), reports AP News. Trade Tensions and Electric Vehicles The…

Panasonic Ready to Mass-Produce 4680 EV Batteries
Cybertruck

Panasonic Ready to Mass-Produce 4680 EV Batteries

Panasonic Energy has just announced that it’s all set to start mass-producing its 4680 electric vehicle (EV) batteries. The company’s renovated plant in Kinokawa, Wakayama prefecture, Japan, is geared up to be the main hub for these new cells, which are said to have five times the capacity of their smaller 2170 counterparts, reports Reuters.…

Tesla

US Consumers Cooling on EVs: What’s Behind the Decline?

EY’s 2024 Mobility Consumer Index (MCI) survey has revealed a significant drop in consumer interest for electric vehicles (EVs) in the United States. Only 34% of US consumers plan to buy an electrified vehicle as their next car, marking a 14 percentage point decrease from last year. This shift in consumer sentiment is raising eyebrows…

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