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Tesla

Tesla’s Energy Segment: A Hidden Gem in the EV Giant’s Portfolio

Tesla’s energy segment is gaining attention from analysts as a significant contributor to the company’s valuation. While the electric vehicle business remains Tesla’s primary focus, the energy division is showing promising growth and potential, according to a recent MarketWatch report. The Underappreciated Energy Segment Baird Equity Research analyst Ben Kallo highlighted the importance of Tesla’s

Lucid

Lucid CEO Touts Air’s Efficiency Lead, Sparks EV Industry Debate

Lucid Motors CEO Peter Rawlinson has ignited a heated discussion in the electric vehicle (EV) industry with a bold claim about his company’s technological edge. In a recent LinkedIn post, Rawlinson highlighted the Lucid Air Pure’s impressive efficiency figures and suggested it would take competitors years to catch up. Lucid Air Pure’s Efficiency Milestone Rawlinson…

Polestar

Polestar Begins US Production to Sidestep Chinese EV Tariffs

Swedish electric vehicle maker Polestar has started production of its Polestar 3 SUV in the United States, marking a significant step in avoiding major tariffs on Chinese-made cars, according to Reuters. Polestar Shifts Production Strategy Polestar, majority-owned by China’s Geely, has been manufacturing its vehicles in China and exporting them to overseas markets. However, recent…

China

Foxconn Enters EV Race with New Factory in China’s ‘iPhone City’

Taiwanese electronics giant Foxconn is making a bold move into the electric vehicle (EV) market, according to the New York Times. The company, best known for manufacturing iPhones, is planning to build a 700-acre campus dedicated to EV production in Zhengzhou, China – the same city where it produces most of the world’s iPhones. From…

Volkswagen

Volkswagen’s ID.2 Electric Supermini Caught Testing at Nürburgring

Volkswagen’s upcoming ID.2 electric vehicle, a critical addition to the automaker’s EV lineup, has been spotted undergoing tests at Germany’s legendary Nürburgring Nordschleife. Auto Express reports on this significant development for the German manufacturer’s new Golf-sized, but Polo-priced electric car. VW’s Second Chance at EV Success The ID.2 represents a pivotal moment for Volkswagen, followi

Model S

Tesla’s ‘Whompy Wheel’ Saga: Feds Close Probe, Urge Wider Service Action

A four-year federal investigation into Tesla’s front suspension failures has concluded, with recommendations for the electric vehicle maker to expand its service bulletin, ARS Technica reports. The issue, dubbed the “whompy wheel” problem by Tesla enthusiasts, has affected hundreds of Model S and Model X vehicles. The Suspension Situation The National Highway Traffic Safety Administration…

Tesla

Tesla Stock Dips Despite Positive Inflation News

Electric vehicle (EV) giant Tesla saw its stock fall in early trading Wednesday, despite favorable inflation data that could potentially benefit the automotive industry. According to a report from Barron’s, Tesla shares were down 3.3% at $200.88 in early trading, underperforming broader market indices. Inflation Data and Its Impact The Bureau of Labor Statistics released…

Hyundai

Hyundai and Kia Set Sights on US Pickup Market with EREV Technology

Hyundai Motor Group is gearing up for a renewed assault on the lucrative US pickup truck market, according to a report from The Korea Economic Daily. The Korean automaker aims to challenge established players with extended-range electric vehicles (EREVs) as early as 2028. Analyzing the Competition In late July, Hyundai’s Namyang Research Center began a…

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