ID. range, the GTI revival, PPE platform and Group strategy — Wolfsburg’s EV pivot in full.
Tesla’s Model Y returned to the top of Europe’s sales charts in September 2025, ending a nine-month drought that saw the electric SUV plummet as low as 60th place just two months earlier. But the victory comes with a catch: Model Y sales fell 8.6% year-over-year to 25,938 units, according to data from Automotive News…
A Chinese battery giant’s plans to build a massive Michigan manufacturing plant have officially collapsed, with the state now demanding millions back after years of grassroots opposition, Chinese ownership controversies, and Trump administration policy shifts killed what was once touted as Northern Michigan’s largest economic project ever. Gotion Inc. abandoned its $2.4 billion electric vehicle…
Rivian CEO RJ Scaringe sent an internal memo to employees Thursday announcing the company’s third workforce reduction in four months, cutting roughly 600 jobs as the electric vehicle maker struggles with collapsed post-tax-credit demand. The carefully worded message emphasized “structural adjustments” for the upcoming R2 launch while conspicuously avoiding the financial crisis threatening the comp
France is pushing the European Union to adopt “flexibility” in implementing stricter CO2 emissions rules for new vehicles, signaling support for its struggling domestic automakers as plant shutdowns and job losses mount. The timing is critical: France’s Finance Ministry announced Thursday that the country wants “technological neutrality” while maintaining the 2035 combustion engine ban, just…
Porsche AG just posted the most humiliating quarter in its 77-year history—a €967 million ($1.1 billion) operating loss that marks the luxury automaker’s first quarterly loss since going public in 2022. According to Bloomberg, the sports car manufacturer is hemorrhaging cash as it scrambles to unwind an expensive electric vehicle strategy that spectacularly backfired against…
Uber is launching a $4,000 grant program for drivers purchasing electric vehicles in select states, stepping in just as the federal EV tax credit vanished from the market. The ride-hailing giant announced Wednesday it’s rebranding “Uber Green” to “Uber Electric” while rolling out its Go Electric grants to drivers in California, New York, Colorado, and…
Porsche is significantly altering its electric vehicle strategy, delaying the launch of some all-electric models and re-emphasizing combustion and hybrid powertrains in response to a cooling EV market and other economic pressures. The move, which includes a substantial cut to its profit forecast accorsing to the WSJ, signals a major recalibration for the iconic German…
Electric vehicle (EV) sales are surging across the U.S. as consumers race to take advantage of the federal government’s $7,500 tax credit before it expires on September 30, 2025. Dealers in EV hot spots like Colorado report unprecedented demand, with steeply discounted lease offers drawing in new and repeat buyers alike, reports the WSJ. Deep…
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