Chinese electric vehicle manufacturer Nio is implementing a strategic shift toward improved efficiency and cost control while expanding production capacity to address growth that’s currently lagging two years behind schedule. CEO William Li made these announcements during a press briefing…
Mercedes-AMG has unveiled the first official image of its upcoming all-electric performance SUV, marking a significant step in the brand’s transition to high-performance EVs. The camouflaged prototype represents AMG’s first dedicated electric SUV, built on the new purpose-built AMG.EA platform…
California is making an aggressive move to fortify its electric vehicle infrastructure, approving a $1.4 billion investment plan for charging stations and hydrogen refueling facilities even as potential federal policy shifts threaten to reshape the EV landscape. The California Energy…
Nissan Motor Corporation has appointed Jeremie Papin, its Americas operations chief, as the new Chief Financial Officer in a sweeping management reorganization aimed at reversing the automaker’s declining fortunes. The announcement, made Thursday in the United States, comes as Nissan…
Tesla is preparing to enter the budget electric vehicle market with a new model priced below $30,000 after federal tax credits, according to statements made by Tesla’s head of investor relations to Deutsche Bank analysts. The ambitious move, first reported…
BMW’s M performance division has taken a significant step toward its electric future, revealing advanced development work on a four-motor architecture that could redefine the meaning of precision handling in performance EVs. In a rare behind-the-scenes look at its testing…
Stark Future has officially unveiled the Stark VARG EX, a high-performance electric enduro motorcycle designed to bridge the gap between off-road thrills and road-legal versatility. Following the success of their motocross-focused VARG model, the VARG EX introduces key upgrades that…
Lucid Motors has reportedly secured an EPA-certified range of 450 miles for its new Gravity SUV, surpassing the company’s preliminary estimate of 440 miles, as mentioned before by the EV maker’s CEO, Peter Rawlinson. This achievement comes as Lucid begins…
Chinese electric vehicle manufacturers are establishing a growing presence in Mexico, marking a strategic move that could reshape North America’s automotive landscape. BYD, the world’s largest EV maker by volume, is leading this charge with makeshift dealerships appearing across Mexico…
VinFast plans to construct a second manufacturing facility in Vietnam’s Ha Tinh province, aiming to double its production capacity to 300,000 units annually. The Vietnamese automaker announced the expansion as part of its strategy to meet international demand, particularly for…
BYD’s aggressive expansion strategy is paying off as the Chinese electric vehicle manufacturer prepares to announce November sales figures that will likely cement its position ahead of traditional automotive powerhouses Ford and Honda in global sales volume. The company’s remarkable…
Ford’s F-150, America’s best-selling vehicle for over four decades, faces an uncertain future as its heavily globalized supply chain could make it particularly vulnerable to proposed import tariffs. Federal data reveals that only 32% of F-150 components are manufactured in…
Mini has indefinitely postponed its plans to bring new electric vehicles to the North American market, dealing a setback to the brand’s electrification strategy in one of the world’s largest EV markets. The decision affects both the electric Cooper and…
Tesla’s dominance in the Australian electric vehicle market is showing signs of erosion, with November sales dropping 35.5% year-over-year to 2,540 units according to Electric Vehicle Council data. This decline contributes to the brand’s first annual sales decrease of 20.9%…
The U.S. Postal Service’s ambitious fleet electrification program faces potential disruption as Donald Trump’s transition team explores canceling multi-billion dollar contracts with Oshkosh Corporation and Ford Motor Company. The news, first reported by Reuters, sent Oshkosh shares down 5% to…
The United Kingdom has reached a significant milestone in its automotive history as the number of petrol-powered vehicles peaks at 18.7 million, marking the beginning of what experts predict will be a dramatic shift toward electric mobility. According to a…
General Motors faces a significant financial setback in China, announcing a $5.5 billion write-off as its joint venture struggles amid the country’s rapid transition to electric vehicles. This development marks a crucial turning point in the world’s largest automotive market…
In a pivotal development for the electric vehicle industry, Tesla’s controversial 300-million share grant to CEO Elon Musk faces fresh scrutiny as it heads to the Delaware Supreme Court, reports the Financial Times. This latest chapter in the ongoing saga…
Jaguar has unveiled its radical Type 00 concept car at Miami Art Week, showcasing a controversial design direction that’s already drawing comparisons to Rolls-Royce’s Spectre and sparking debate about its minimalist interior approach. Source: Official Jaguar X/Twitter post A Tale…
In a concerning development for the electric vehicle industry, new analysis suggests that the elimination of federal tax credits under a second Trump presidency could significantly impact EV adoption rates in the United States. According to research by economists from…
Recent patent filings reveal Jeep’s innovative vision for combining electric vehicle technology with drone integration, showcasing the company’s forward-thinking approach to off-road capabilities and security features. The Stellantis-owned brand is exploring multiple applications that could revolutionize how drivers interact with…
In an unprecedented display of consumer activism, Tesla owners across America are wrestling with a complex dilemma: how to reconcile their love for their environmentally conscious vehicles with their growing discomfort over Elon Musk’s controversial political stance. This tension has…
Tesla has made a significant pivot in its leasing strategy, now allowing customers to purchase their vehicles at lease-end across its entire lineup. This policy shift, announced on November 27, 2024, marks a notable departure from the company’s previous stance…
Japanese automakers, including their emerging EV divisions, might face new challenges as incoming U.S. President Donald Trump considers imposing significant tariffs on Japanese vehicle exports, according to Moody’s Analytics senior economist Stefan Angrick in a recent interview. Campaign Promises and…
In a transformative development for electric vehicle infrastructure, Tesla’s highly regarded Supercharger network is now welcoming other EV brands – though drivers need specialized adapters to bridge the technology gap, according to a report from NPR. The Victory of Tesla’s…
Swedish EV battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the US, with only enough cash to keep operations running for about a week, according to Reuters. Financial Struggles Hit Hard The company, which produces battery cells…
In a dramatic shift from traditional industry-regulator dynamics, America’s largest automakers are quietly strategizing to preserve Biden’s EV mandates despite Trump’s promises to eliminate them, according to a New York Times report. The High-Stakes EV Transition The auto industry finds…
BMW’s taking a major step forward in its EV journey, starting pre-production of its first Neue Klasse electric vehicles at their brand-new plant in Debrecen, Hungary, according to Motor Authority. New iX3 Leading the Charge The first Neue Klasse vehicle…
Premium EV maker Nio reported disappointing third-quarter results as intense price competition in China’s electric vehicle market continues to squeeze margins and impact sales targets, reports Bloomberg. Revenue Growth Overshadowed by Losses The Chinese automaker posted revenue of 18.7 billion…
The European Union is ramping up its defensive stance against Chinese electric vehicle imports through a combination of increased tariffs and new intellectual property sharing requirements, according to reporting from the Financial Times. New Rules for Chinese EV Companies Brussels…
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