China’s Xiaomi, a smartphone giant turned electric vehicle (EV) manufacturer, will prioritize its booming domestic market until 2027, when it plans to explore international car sales, CEO Lei Jun announced during a livestream on Wednesday. With its SU7 sedan and…
China’s leading electric vehicle (EV) manufacturer, BYD Co., has paused its plans to build a major production facility in Mexico due to escalating trade tensions fueled by U.S. President Donald Trump’s aggressive tariff policies, according to a Bloomberg report. The…
A Barron’s opinion piece by analyst Ben Z. Rose argues that Tesla’s Cybertruck, despite early setbacks, has become the top-selling electric vehicle (EV) pickup truck in the U.S., with an estimated 39,000 units sold in 2024, according to Cox Automotive.…
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 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…
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…
Chinese electric vehicle (EV) giant BYD Co. (1211.HK) triggered a seismic shift in the EV market by slashing prices on 22 of its models by as much as 34%, intensifying a price war in China amid slowing demand. According to…
China’s electric vehicle (EV) leader, BYD, reported a significant milestone, selling 213,325 vehicles equipped with smart-assisted driving features in April 2025, as announced in a recent Reuters report. This figure represents over 57% of BYD’s total sales for the month,…
On May 9, 2025, Wolfspeed (WOLF.N), a key player in the electric vehicle (EV) supply chain, saw its shares drop 23% after the company raised concerns about its financial stability and slashed its annual revenue forecast. The chipmaker, known for…
On May 5, 2025, Onsemi announced a promising second-quarter revenue forecast, surpassing Wall Street expectations, driven by robust demand for its silicon carbide chips in electric vehicles (EVs). Despite economic uncertainties and looming U.S. tariffs, the chipmaker’s outlook signals a…
In April 2025, BYD, the Chinese electric vehicle (EV) titan, sold a record-breaking 380,089 vehicles, with fully electric models outselling hybrids for the first time since January 2024. Electrek reports that battery electric vehicles (BEVs) surged 45% year-over-year to 195,740…
At the 2025 ACT Expo, Tesla’s Dan Priestley, Senior Manager of the Tesla Semi program, unveiled transformative updates for the Class 8 electric truck, signaling a robust push toward scaled production in 2026. Out of Spec Bits’ coverage captured Priestley’s…
In a bold push to electrify heavy-duty trucking, Tesla is hiring over 1,000 workers at its Nevada Gigafactory to kickstart mass production of its long-awaited Semi truck by late 2025, Business Insider reports. This hiring surge signals Tesla’s determination to…
President Trump’s proposed tariffs on imported cars and auto parts could significantly inflate electric vehicle (EV) prices, potentially stalling the industry’s momentum in the U.S. market, according to a detailed analysis by The New York Times. However, EVs like the…
On April 25, 2025, Tesla unveiled a dedicated X account for its Tesla Semi, spotlighting the electric truck’s growing role in sustainable logistics. A striking image shared by the account, @tesla_semi, showcases three sleek Tesla Semis in a cavernous warehouse,…
Tesla’s Q1 2025 earnings call, held on April 22, 2025, revealed a mix of ambitious milestones and cautious optimism as the electric vehicle (EV) giant navigates economic uncertainty, trade policy shifts, and global market challenges. With a record $37 billion…
On April 20, 2025, a Wall Street Journal editorial revealed Washington state’s proposed tax on Tesla’s carbon emission credits, a policy that has sparked intense debate among electric vehicle (EV) enthusiasts and policymakers. Introduced by Olympia Democrats, the legislation aims…
Tesla has delayed the U.S. production launch of a more affordable version of its best-selling Model Y electric SUV, sources familiar with the matter have revealed. The rollout of this lower-cost vehicle, internally codenamed E41, was initially set for the…
On April 16, 2025, Reuters reported a significant hurdle for Tesla’s ambitious U.S. production plans, as President Donald Trump’s escalated tariffs on Chinese goods disrupt the supply chain for the Cybercab and Semi electric vehicles. The tariffs, now at a…
Tesla stock showed signs of recovery on Monday, April 14, 2025, rising 3.4% to $260.92 in early trading after President Donald Trump excluded smartphones and certain electronics from his most severe import tariffs. This positive movement occurs during a challenging…
Chinese electric truck manufacturers are leveraging their established EV supply chain advantages to dominate the nascent electric trucking sector, capturing 70% of global sales in 2023 despite electric trucks representing less than 1% of worldwide truck sales. However, this expansion…
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…
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…
Tesla’s upcoming V4 Supercharger stations are about to take EV charging to new heights, with support for up to 500kW charging for passenger EVs and a massive 1.2MW capability for Tesla Semi trucks, according to recent permit filings, reports The…
In a striking demonstration of China’s evolving technological resilience, BYD has emerged as a global EV powerhouse, now selling more electric vehicles than Tesla Inc., while successfully navigating US trade restrictions through strategic international expansion. This development comes amid broader…
A powerful coalition, including tech giant Microsoft, beverage giant PepsiCo, and logistics heavyweights Maersk, DB Schenker, and AIT Worldwide, is leading the charge to electrify the Interstate 10 trucking corridor. Their focus? Developing charging infrastructure for longhaul battery-electric trucks between…
So, the Tesla Semi has finally made its way to Europe, and it’s causing quite a stir. Jaan of the EV Universe, an EV enthusiast, got an up-close look at the very first Tesla Semi at the AAI Transportation show…
Tesla’s Semi truck is making waves at the IAA Transportation show in Hannover, showcasing impressive efficiency and range capabilities. Brian Basson reported on X that Dan Priestley, Tesla’s Semi lead, presented key findings from the electric truck’s performance so far.…
Tesla’s highly anticipated Semi truck has crossed the Atlantic, making its first appearance in Europe at the IAA (Internationale Automobil-Ausstellung) in Hannover, Germany. This international automotive trade fair marks a significant milestone for Tesla’s expansion into the European commercial vehicle…
The Biden administration has just announced a major move in the trade war with China, slapping a 100% tariff on Chinese electric vehicles (EVs) among other goods. This decision, set to take effect on September 27, is part of a…
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