Tesla is projected to miss second-quarter delivery expectations, with Deutsche Bank forecasting 355,000 vehicles delivered against a consensus of over 380,000, according to Investing.com. Despite this, the bank maintains its Buy rating and $345.00 price target, citing Tesla‘s long-term potential…
On June 22, 2025, Tesla launched its invite-only Robotaxi pilot in Austin, Texas, igniting excitement among electric vehicle (EV) enthusiasts and investors. The limited rollout of Model Y vehicles, operating autonomously in a geofenced area, has reportedly prompted Benchmark to…
Tesla has rolled out its first V4 Superchargers in China, a major step forward for electric vehicle (EV) charging infrastructure in the world’s largest EV market. Now operational in Shanghai, Chongqing, Gansu, and Zhejiang provinces, these advanced chargers promise faster…
On June 27, 2025, Volkswagen Group, BMW Group, Mercedes-Benz, and eight technology suppliers, including Bosch and Continental, signed a memorandum to develop a shared automotive software platform, aiming to challenge U.S. tech dominance in electric vehicle (EV) architectures, according to…
On June 3, 2025, the Morning Midas, a cargo ship carrying 3,048 Chinese vehicles, including 750 electric vehicles (EVs) and hybrids, caught fire and sank 20 days later, costing the industry an estimated $560 million, according to the Anderson Economic…
Auto retailers, including giants like CarMax and Carvana, are pressing the Senate to maintain electric vehicle (EV) tax credits in the upcoming budget bill, warning that their abrupt removal could destabilize dealerships heavily invested in EV infrastructure. A June 26…
On June 29, 2010, Tesla debuted on the Nasdaq with its electric Roadster, a two-seat sportscar offering a 236-mile range, marking the start of a transformative journey. Fifteen years later, Tesla’s stock has surged nearly 300-fold, turning a $10,000 investment…
On June 29, 2025, Vietnamese electric vehicle (EV) manufacturer VinFast began production at its new Ha Tinh factory, a strategic move to scale up output of affordable mini urban models amid global expansion challenges. The facility, spanning 90 acres, aims…
Tesla is poised to report a 10% year-over-year drop in second-quarter vehicle deliveries, with analysts projecting around 400,000 units by June 2025, down from 440,000 last year, according to Visible Alpha estimates. The electric vehicle (EV) leader faces headwinds from…
In a game-changer for electric vehicle (EV) drivers, Tesla‘s expansive Supercharger network is now accessible to GM and Ford EVs, offering unmatched reliability and convenience. At a sprawling 76-stall Tesla Supercharger site at Tejon Outlets in Southern California, a recent…
Peter Rawlinson, a trailblazing British engineer and Autocar’s 2025 Sturmey Award winner, is reshaping the electric vehicle (EV) landscape with his vision for efficiency at Lucid Motors. As the mastermind behind the Tesla Model S and Lucid Air, Rawlinson champions…
BMW is gearing up to rival the Tesla Model 3 with its next-generation i3, a sleek sedan built on the innovative Neue Klasse platform, slated for a 2027 launch. According to recent reports, the i3 will offer an impressive range…
Serbia has secured a promise from China to expedite exports of critical minerals essential for electric vehicle (EV) production, directly benefiting Stellantis‘ factory in Kragujevac, according to Serbian President Aleksandar Vucic. This development, announced on June 29, 2025, addresses supply…
Ford CEO Jim Farley has publicly backed Waymo’s LiDAR-based self-driving technology, diverging from Tesla‘s camera-only approach, signaling a strategic shift for Ford’s autonomous vehicle development. Speaking at the Aspen Ideas Festival on June 27, 2025, Farley emphasized the critical role…
On Sunday, China’s Contemporary Amperex Technology Co. Ltd. (CATL), the world’s leading electric vehicle (EV) battery manufacturer, broke ground on a $6 billion battery material ecosystem in Indonesia, partnering with Indonesia Battery Corp. and PT Aneka Tambang, reports Bloomberg. This…
Lucid Motors CEO Marc Winterhoff has urged Congress to preserve the $7,500 federal electric vehicle (EV) tax credit, warning that its elimination could cripple startups like his in a competitive market. As the Senate prepares to vote on a bill…
On Saturday, June 28, 2025, Elon Musk, CEO of Tesla Inc., publicly condemned the U.S. Senate’s revised tax bill, which accelerates the elimination of the $7,500 electric vehicle (EV) tax credit. Musk’s sharp criticism, posted on his social media platform…
On June 28, 2025, Senate Republicans unveiled a revised tax and budget bill that would terminate the $7,500 federal tax credit for new electric vehicle (EV) purchases and leases by September 30, 2025, alongside the $4,000 credit for used EVs,…
Excitement is building among Tesla enthusiasts in Germany as signs point to an imminent launch of the company’s Full Self-Driving (FSD) system, potentially marking a breakthrough for autonomous driving in Europe. Recent posts on X suggest that Tesla may be…
Lotus, the iconic British automaker, is poised to halt production at its historic Hethel, Norfolk factory after 59 years, with plans to shift manufacturing to the United States, according to a report by Autocar. This strategic pivot, driven by U.S.…
Tesla has achieved a historic milestone with the first fully autonomous delivery of a Model Y to a customer’s home, completed a day ahead of schedule on June 27, 2025. The delivery, which navigated highways and local roads with no…
Tesla has made a groundbreaking leap in electric vehicle (EV) technology with the first fully autonomous delivery of a Model Y, completing a journey from factory to a customer’s home across town, including highways, a day ahead of schedule. UPDATE:…
Chinese automaker BYD is set to triple its electric bus and truck production in Europe with a new $94 million facility in Komarom, Hungary, a move that strengthens Hungary’s position as a hub for Chinese electric vehicle (EV) investment. Announced…
Chinese automakers like BYD, Chery, and Great Wall Motor (GWM) are accelerating their push into Africa, leveraging low-cost electric vehicles (EVs) and plug-in hybrids to tap the continent’s untapped potential. Facing trade barriers in the U.S. and Europe, these companies…
Despite a sluggish start, electric vehicle (EV) sales are set to gain momentum, driven by falling prices, growing incentives, and a surge in model variety, according to recent industry forecasts. Cox Automotive and J.D. Power highlight a dynamic shift in…
China has tied a tentative deal on minimum import prices for French cognac to progress in negotiations over EU tariffs on Chinese-made electric vehicles (EVs), creating a complex trade standoff with significant implications for the EV industry. This development, reported…
Redwood Materials, a leader in electric vehicle (EV) battery recycling, is giving retired EV batteries a second life by converting them into cost-effective microgrids, the company announced on Thursday. By repurposing still-functional batteries, Redwood’s new division, Redwood Energy, is creating…
Xiaomi Corp.’s stock soared 8% to an all-time high after its $35,360 YU7 electric SUV, unveiled on June 26, 2025, drew an impressive 289,000 pre-orders in just one hour, signaling strong demand in China‘s competitive EV market. Priced at 253,500…
Tesla‘s vice president of sales and manufacturing for North America and Europe, Omead Afshar, has left the electric vehicle (EV) giant, marking another high-profile exit as the company navigates declining sales and a pivot to autonomous technology. The departure, confirmed…
The dream of fully autonomous cars continues to stall, leaving electric vehicle (EV) enthusiasts and industry watchers intrigued yet cautious. Despite early optimism following the US military’s Darpa challenge two decades ago, progress toward Level 5 self-driving cars—capable of driving…
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