Rivian Automotive shares fell sharply on Monday following a downgrade from Guggenheim, as analysts cited mounting challenges from recent policy changes under President Trump that scrap key incentives for electric vehicle buyers. This development raises questions about affordability for EV…
Nio’s battery asset company, Mirattery, has signed a strategic cooperation agreement with leading battery manufacturer CATL to boost equity investment and expand battery swap networks, potentially improving access and efficiency for electric vehicle owners across China. Mirattery and CATL Partnership…
The electric vehicle (EV) industry celebrates a milestone as the Lucid Air Grand Touring shatters the Guinness World Record for the longest drive on a single charge. Covering 749 miles (1,205 kilometers) from St. Moritz to Munich without recharging, this…
Electric vehicle (EV) sales are poised for a significant boost as automakers and dealers urge buyers to act before a $7,500 federal tax credit expires on September 30, 2025. With Congress set to eliminate the subsidy through recent tax and…
Rivian’s iconic Tank Turn, a feature that lets its electric vehicles spin 360 degrees in place, is back after a six-year hiatus, debuting on the second-generation R1S SUV and R1T pickup. A teaser video posted by Rivian shows the Quad-Motor…
President Trump’s “Big Beautiful Bill,” slated for signing in the coming days, delivers a seismic shift to electric vehicle (EV) incentives, Zero-Emission Vehicle (ZEV) credit systems, and clean energy policies. This legislation, detailed by EV industry analyst Sawyer Merritt, reshapes…
Slate Auto, a Jeff Bezos-backed electric vehicle startup, has removed claims that its upcoming all-electric pickup truck will start “under $20,000” after Congress passed President Trump’s tax cut bill, according to Slate Auto’s updated website. The legislation, set to be…
Geely Automobile Holdings, led by billionaire Li Shufu, is making waves in Europe’s electric vehicle (EV) market by launching its namesake brand in Italy with all-electric and hybrid SUVs. Announced on Thursday, July 3, 2025, this move marks Geely’s first…
On July 3, 2025, shares of Rivian Automotive Inc. and Lucid Group Inc. surged by up to 4.6% and 8.8%, respectively, following a BNP Paribas analysis suggesting that the electric vehicle (EV) manufacturers could benefit from President Donald Trump’s tax…
Rivian Automotive, a key player in the electric vehicle (EV) market, reported a significant decline in deliveries for the second quarter of 2025, reflecting broader industry struggles. The company delivered 10,661 vehicles, a 22% drop from the 13,790 vehicles delivered…
In June 2025, Tesla’s sales in Germany dropped by a staggering 60%, with only 1,860 vehicles sold compared to the previous year, according to the German road traffic agency KBA. Despite a robust 8.6% rise in overall battery electric vehicle…
In June 2025, Tesla’s revamped Model Y sparked a significant sales boost in Norway and Spain, signaling strong demand for the updated electric SUV despite broader market struggles. According to Reuters, Tesla’s registrations in these countries surged, driven by the…
A Houston-area family has filed a wrongful death lawsuit against Tesla, alleging defective safety designs in the Cybertruck led to Michael Sheehan’s death in a fiery crash in August 2024. The suit, lodged in Harris County, Texas, marks the first…
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.…
As the clock ticks down on June 30, 2025, Tesla is still offering its last wave of Q2 promotions, providing electric vehicle (EV) owners and enthusiasts a chance to snag significant savings and upgrades across its lineup. Posted by industry…
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…
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…
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,…
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…
On June 16, 2025, Polestar, the Sweden-based electric vehicle (EV) manufacturer, announced a $200 million equity investment from PSD Investment, a firm controlled by Geely Holding Group’s founder, Li Shufu. This funding, reportedly secured through a private investment in public…
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…
In May 2025, Tesla’s European sales plummeted for the fifth consecutive month, with only 8,729 vehicles sold across the European Union—a 40.5% decline from the 14,682 units sold in May 2024, according to data from the European Automobile Manufacturers Association.…
Europe’s electric vehicle (EV) market gained momentum in May 2025, with new-car registrations climbing 1.9% to 1.11 million units, according to the European Automobile Manufacturers’ Association. This uptick, driven by robust demand for plug-in hybrids and battery-electric cars, signals a…
Last month, a dazzling drone display above Rome’s Olympic Stadium unveiled BYD’s Dolphin Surf, signaling the Chinese automaker’s aggressive push into Europe’s electric vehicle (EV) market. The glowing orbs formed the car’s silhouette against iconic landmarks like the Colosseum, pitching…
The U.S. Senate parliamentarian has dealt a significant blow to Republican efforts to undo landmark electric vehicle (EV) emission regulations set by the Biden administration. On Friday, June 20, 2025, the parliamentarian ruled that overturning these rules requires 60 votes…
Rivian is sparking interest with a series of compelling lease offers for the 2025 R1T and R1S, catering to electric vehicle enthusiasts and adventure seekers. Announced as of June 20, 2025, these promotions highlight the brand’s push to make its…
EV enthusiasts have a new reason to get excited as VinFast, Vietnam’s emerging electric vehicle (EV) maker, launches its first dealership in San Diego, California. The move, announced on Wednesday, marks a strategic shift for the company, backed by Vietnam’s…
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