On May 22, 2025, the U.S. House passed H.R. 1, the “One Big Beautiful Bill Act,” introducing a tax deduction of up to $10,000 annually on auto loan interest for vehicles assembled in the U.S., including electric vehicles (EVs) like…
China’s electric vehicle (EV) market is facing unprecedented price cuts, with discounts reaching a record 16.8% in April, up from 16.5% in March, according to a recent Carscoops report. This intensifying price war, driven by fierce competition among nearly 50…
Tesla has introduced an extended 48-hour test drive program for its Cybertruck, Model S, Model 3, and Model Y, marking a first for U.S. customers. Announced by automotive enthusiast Sawyer Merritt, this initiative allows anyone in the U.S. to book…
A prominent U.S. marketing professor, Scott Galloway, labeled Elon Musk’s involvement with the Trump administration’s Department of Government Efficiency (Doge) as “one of the greatest brand destructions” ever, citing its impact on Tesla’s core demographic. Speaking on the Pivot podcast,…
On May 24, 2025, Xiaomi, the tech giant known for its smartphones, revealed its latest electric vehicle, the YU7—an electric SUV designed to compete directly with the Tesla Model Y. Boasting a sleek design reminiscent of the Ferrari Purosangue and…
General Motors (GM) is making a bold move to dominate the electric vehicle (EV) market by hiring Kurt Kelty, a former Tesla battery expert, to lead its charge toward affordable family cars. With Kelty’s 11 years of experience at Tesla,…
A recent House-passed tax bill could reshape the electric vehicle (EV) landscape in the U.S., eliminating key subsidies that have fueled adoption and manufacturing. Reported by The New York Times, the legislation, if enacted, would raise EV prices, slow sales,…
On Thursday, Xiaomi unveiled its second electric vehicle, the YU7, positioning itself as a formidable rival to Tesla in China’s competitive EV market. Launched at an event in Beijing, this luxury high-performance SUV boasts advanced technology and impressive specs, aiming…
Subaru is doubling down on its electric vehicle (EV) strategy in Europe, aiming to navigate the challenges of electrification while staying true to its rugged, all-wheel-drive heritage. According to a recent Autocar interview with Subaru Europe boss David Dello Stritto,…
The GOP-led Senate voted 51-44 to revoke California’s authority to set its own tailpipe emissions standards, a move that effectively dismantles the state’s mandate to ban new gasoline-powered car sales by 2035 as reported by the WSJ. The decision made…
In a stunning turn for the electric vehicle (EV) industry, Chinese automaker BYD has overtaken Tesla in European sales for the first time, marking a significant milestone in April 2025. This shift, reportedly driven by BYD’s aggressive pricing and strategic…
Tesla is gearing up to launch its autonomous robotaxi service in Austin, Texas, in June 2025, starting with a limited fleet of 10 Model Y crossovers. CEO Elon Musk announced the rollout on CNBC, emphasizing a cautious deployment to prioritize…
Tesla’s latest Model Y Performance has been caught testing at the Nürburgring, revealing exciting upgrades for electric vehicle enthusiasts. Spotted by Carscoops, this prototype showcases a sportier design and enhanced performance specs, signaling Tesla’s push to refine its compact electric…
Nissan Motor Co. is nearing a deal to source electric vehicle (EV) batteries in the U.S. from a joint venture between Ford Motor Co. and South Korea’s SK On, a move aimed at navigating new tariffs and revitalizing EV production.…
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,…
Electric vehicle enthusiasts in Europe now have an exciting new option as BYD, China’s leading EV manufacturer, introduced its low-cost Dolphin Surf model in Berlin on May 21, 2025. Marking the company’s tenth model in the region, this compact electric…
Chinese electric vehicle (EV) manufacturer XPeng is making waves in the EV industry, forecasting second-quarter revenue between 17.5 billion and 18.7 billion yuan ($2.47 billion to $2.64 billion), surpassing Wall Street expectations of 16.85 billion yuan, according to LSEG data.…
On May 20, 2025, Elon Musk reaffirmed his dedication to leading Tesla as its chief executive for at least another five years, addressing the Qatar Economic Forum with a bold statement despite recent electric vehicle (EV) market struggles. Speaking at…
Following the collapse of merger talks between Nissan and Honda in February 2025, Toyota reportedly reached out to Nissan to explore a potential partnership, according to Japan’s Mainichi Shimbun via Automotive News. This move underscores Toyota’s ambition to bolster its…
Volkswagen is set to revive traditional naming for its electric vehicles (EVs), moving away from the alphanumeric ID labels like ID.3 and ID.4, according to a recent statement from the company’s head of marketing and sales. According to Motor1, this…
In a fiery response to violent attacks on Tesla showrooms in Europe, CEO Elon Musk issued a direct warning to perpetrators and their organizers: “Don’t worry, we are coming for you!” Speaking at the Qatar Economic Forum, Musk condemned the…
Tesla Europe & Middle East showcased the capabilities of its Full Self-Driving (FSD) Supervised system by navigating the notorious Arc de Triomphe roundabout in Paris, a challenging urban environment known for its complexity. This achievement highlights the advancing potential of…
LG Energy Solution (LG Ensol) is set to significantly boost production of its next-generation 4680 cylindrical battery, a critical component for Tesla’s electric vehicles (EVs), starting in June or July 2025, reports the Korean newsoutlet Dealsite. This ramp-up at its…
Slate Auto, a Troy, Michigan-based electric vehicle (EV) startup, has secured 100,000 reservations for its sub-$30,000 electric mini-pickup, backed by $700 million in funding from investors like Jeff Bezos, reports Automotive News. Targeting a late-2026 production start, the company’s innovative…
Tesla’s Chief Financial Officer, Vaibhav Taneja, received a staggering $139.5 million compensation package in 2024, making it the highest CFO pay on record since 2006, according to a recent report by The Wall Street Journal. This milestone comes as Tesla…
A recent Axios Harris Poll 100 survey reveals a steep decline in Tesla’s reputation, dropping the electric vehicle (EV) giant to 95th place among America’s 100 most visible companies in 2025. Once a darling of the EV industry, Tesla’s fall…
Tesla is gearing up to introduce a limited robotaxi service in Austin, Texas, next month, marking a significant step in the electric vehicle (EV) giant’s push toward autonomous driving. According to a recent Morgan Stanley-Tesla meeting reported by IBD, the…
General Motors (GM) is leading a charge to reverse California’s ambitious electric vehicle (EV) mandate, citing market challenges and misalignment with consumer demand. As the state prepares for a Senate vote as early as this week to revoke its emissions…
Japan is exploring subsidies for Tesla’s electric vehicle (EV) charging stations as part of ongoing trade negotiations with the U.S., reports Reuters. This move aims to bolster EV infrastructure while addressing U.S. concerns over Japan’s current subsidy framework, potentially impacting…
Volkswagen’s shareholders intensified their push for corporate governance reform at the company’s virtual annual general meeting on May 16, 2025, citing conflicts of interest and a lack of board expertise as barriers to the automaker’s success in the electric vehicle…
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