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Cybertruck

Tesla Cybertruck Surges to Lead U.S. EV Pickup Market in 2024

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. The truck’s bold design and Tesla’s software updates have driven its rise, surpassing competitors like…

Model S

Tesla Unveils 2025 Model S and Model X Updates with $5,000 Price Hike and New Features

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 driving experience, though some enthusiasts question whether the changes justify the higher cost. Pricing and…

Semi

New $500,000 American Dacora Electric Vehicle Challenges Rolls-Royce with 800 HP of Luxury

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 bid to redefine the ultra-luxury EV segment. Reported by Autoblog, this American-made EV promises silent…

China

China’s Rare-Earth Restrictions Spark EV Industry Crisis

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 germanium, are disrupting global supply chains, forcing the EV industry to seek urgent alternatives. Supp

BYD

BYD Sells 213,325 Smart-Assisted EVs in April, Signaling Robust Growth in Electric Vehicle Tech

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, highlighting the growing demand for advanced driver-assistance systems (ADAS) in the EV sector. Smart Driving…

Semi

Wolfspeed Shares Plummet 23% as Slowing EV Demand Hits Revenue Forecast

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 producing silicon carbide (SiC) wafers critical for EV power electronics, is grappling with sluggish demand…

Semi

Onsemi Forecasts Strong Q2 Revenue Growth Amid Rising EV Chip Demand

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 resilient EV market, offering insights for EV owners and enthusiasts following industry trends, according to…

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