Ferrari has postponed its second fully electric vehicle (EV) from 2026 to at least 2028 due to insufficient demand for high-performance luxury EVs, according to two sources close to the matter, reports Reuters. This shift comes as the iconic Italian…
A new survey from Shell highlights a surprising decline in drivers’ enthusiasm for electric vehicles (EVs), with Europe showing a sharper drop than the United States. Conducted among 15,000 drivers worldwide, including key markets like Britain, China, Germany, and the…
On June 16, 2025, U.S. Senate Republicans introduced a bold proposal to terminate the $7,500 tax credit for new electric vehicle (EV) purchases, shaking up the landscape for EV owners and manufacturers. The plan, detailed in a Reuters report, aims…
The aviation industry is buzzing with excitement as Electra, a Virginia-based aerospace startup, unveils its hybrid-electric EL9 plane, designed to transform how we fly with shorter runways and quieter operations. Backed by Lockheed Martin and led by CEO Marc Allen,…
India is considering relaxing its strict 50% localization requirements for electric vehicles (EVs) as China’s recent rare earth export restrictions create a supply chain crisis, impacting manufacturers and enthusiasts alike. According to a Bloomberg report, this potential policy shift comes…
Tesla’s Model Y is staging a remarkable comeback, with CEO Elon Musk announcing a “major rebound in demand” during a recent interview on CNBC. This resurgence follows a challenging first quarter marked by a global factory changeover and production shutdowns.…
Elon Musk is steering Tesla toward a bold new future, shifting the company’s focus from electric vehicles (EVs) to robotics, with a potential rollout of driverless cars as early as this month in Austin, Texas. This pivot, detailed in a…
Renault has unveiled the Vision4Rescue, an all-electric concept vehicle designed as a mobile command center for emergency services, built on the Renault 4 E-Tech platform. Developed with Software République, a French mobility innovation alliance, and co-created with fire services from…
President Donald Trump has signed legislation that halts California’s ambitious plan to phase out gas-powered car sales by 2035, marking a significant shift in the state’s electric vehicle (EV) landscape. Reported by Axios, this move revokes Environmental Protection Agency (EPA)…
Tesla has launched refreshed versions of its flagship Model S and Model X electric vehicles, introducing subtle design tweaks, enhanced technology, and a $5,000 price increase across all trims. Announced on June 12, 2025, these updates aim to refine the…
A senior executive at BYD Co. has raised concerns about the electric vehicle (EV) price war in China, calling it unsustainable and hinting at a potential shift in strategy. In an interview with Bloomberg News, Executive Vice President Stella Li…
The electric vehicle (EV) industry faces a surprising twist as Rolls-Royce Holdings Plc’s CEO, Tufan Erginbilgic, defends his decision to exit the electric flying taxi business, citing soaring costs and regulatory hurdles. Published on June 11, 2025, by Bloomberg, the…
A group of Tesla owners in France has launched a lawsuit against the American electric vehicle (EV) giant, citing CEO Elon Musk’s controversial political positions as the driving force behind their decision. The legal action, filed by the Paris law…
BYD, the Chinese electric vehicle (EV) giant that recently surpassed Tesla as the world’s largest EV maker, is reportedly set to transform the European EV landscape with its new 5-minute flash chargers. Announced by BYD’s executive vice president Stella Li…
BMW is set to redefine electric vehicle (EV) performance with the unveiling of the iX3 prototype, marking a significant leap forward under its innovative Neue Klasse platform. This all-new electric SUV, driven and reviewed by Autocar’s Greg Kable in southern…
Tesla Promotes Aggressive Model Y Lease Deals for June 2025
Porsche is electrifying its iconic Cayenne SUV with a fully electric fourth-generation model set to launch this year, marking a significant leap in the luxury electric vehicle (EV) market. Confirmed by the automaker, this new Cayenne will ditch traditional engines…
Volkswagen is rethinking its electric vehicle (EV) ambitions as demand cools, delaying its all-new Scalable Systems Platform (SSP) and integrating range-extending gas engines into the mix. Published by Autoblog, this strategic pivot marks a significant turn for the German automaker,…
Maruti Suzuki, has dramatically reduced its near-term production targets for the e-Vitara electric SUV by two-thirds due to a critical shortage of rare earth materials, signaling fresh challenges for the global EV industry. The news, reported by Reuters, reveals the…
A groundbreaking electric vehicle (EV) from a female-founded startup aims to rival luxury giants like Rolls-Royce, boasting 800 horsepower and a $500,000 price tag. Dacora, launched by MIT-trained engineers Kristie and Eric D’Ambrosio-Correll, introduces the first model in its ambitious…
Tesla has rolled out an enticing new lease offer for the 2025 Model 3, making electric vehicle (EV) ownership more accessible with monthly payments starting at just $349. This deal targets EV enthusiasts and potential first-time buyers, offering a compelling…
Zambia, Africa’s second-largest copper producer, is making bold moves to transform its rich mineral resources into a hub for electric vehicle (EV) component manufacturing. Finance Minister Situmbeko Musokotwane recently confirmed ongoing talks with global carmakers to establish production plants near…
The electric vehicle (EV) industry in China is witnessing a fierce price war, with BYD at the center of escalating tensions among top manufacturers. A recent Reuters article, highlights how competitors Great Wall Motor and Geely have challenged BYD’s pricing…
Tesla’s Model Y is making headlines with a stunning sales recovery in Norway and Australia, defying challenges faced elsewhere. According to a recent Forbes article, the electric vehicle (EV) giant reported a 213% sales increase in Norway, selling 2,600 cars…
China’s tightened export controls on rare-earth minerals, critical for electric vehicle (EV) production, have sent automakers and suppliers into a frenzy, with some factories facing potential shutdowns by mid-July 2025. Reuters reports that the restrictions, targeting elements like gallium and…
France is turning to Renault, a leader in electric vehicle (EV) manufacturing, to explore drone production for Ukraine’s defense, signaling a bold crossover of EV expertise into military technology. Renault confirmed to Reuters that the French defense ministry has approached…
Tesla fans and electric vehicle (EV) enthusiasts are buzzing with anticipation as the company prepares to launch production of a new, more affordable model this month. The automaker, known for its innovative battery technology and autonomous driving features, has confirmed…
Rivian is revolutionizing the electric vehicle (EV) charging landscape with a comprehensive software update that enhances charging speed, provides detailed energy insights, and simplifies the process for owners. This overhaul reportedly targets Rivian’s first- and second-generation EVs, aiming to deliver…
Tesla’s market value plummeted by $380 billion USD in 2025, marking the largest loss among top global companies and raising concerns for electric vehicle (EV) enthusiasts and industry professionals. This dramatic drop, driven by declining EV demand and Chief Executive…
President Donald Trump is parting ways with his Tesla Model S after a public falling out with Tesla CEO Elon Musk, a move that underscores tensions between the two influential figures and raises questions about the electric vehicle (EV) industry’s…
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