A Leap Forward in Luxury EVs In a significant move signaling the growing demand for electric vehicles (EVs) in the luxury market, General Motors’ Cadillac brand is escalating the production of its Lyriq electric SUV. This decision, according to Reuters,…
A Resilient Journey Through Tough Times 2023 was a challenging year for the electric vehicle (EV) industry, marked by intensified competition and various market pressures. However, Polestar, the Swedish premium electric automaker, is entering 2024 with renewed optimism. This sentiment…
The Rise, Fall, and Rebirth of an EV Dream In an intriguing turn of events, Steve Burns, the controversial founder of the now-bankrupt electric vehicle (EV) startup Lordstown Motors, has launched a new venture named LandX Motors. This new company…
A Chilling Test for Electric Vehicles In a recent real-world scenario, the resilience of electric vehicles in extreme weather conditions was put to the test. The owner of a Tesla Model Y Performance shared their experience of driving to the…
The Move Away from Electric Vehicles Hertz, a leading rental car company, is taking a significant turn in its vehicle strategy. After a notable push into electric vehicles in recent years, the company is now planning to sell off about…
Potential Supply Deal or Acquisition in the Works China’s leading electric car manufacturer, BYD, is reportedly in discussions with Brazilian lithium producer Sigma Lithium for a potential supply agreement, joint venture, or acquisition. This news highlights the increasing global interconnectivity…
In a significant development for electric vehicle enthusiasts, Tesla has launched the redesigned ‘Highland’ Model 3 in North America. This move, reported by Reuters, marks a pivotal moment for Tesla’s Model 3, which had previously seen successful launches in China…
Expanding Color Options for Tesla Owners Tesla, the trailblazer in electric vehicles, has recently updated its car wrap offerings, introducing a more affordable pricing structure and adding a new color, ‘Satin Abbyss Blue’, for Model 3 and Model Y owners.…
Updated Federal Tax Credit Alters Tesla’s EV Landscape The U.S. Treasury’s recent update on the federal electric vehicle (EV) tax credit, effective from January 2024, has reshaped the attractiveness of Tesla’s Model 3 configurations. With changes in eligibility, Tesla’s Model…
BYD Surpasses Tesla in Electric Car Sales In a significant shift in the electric vehicle (EV) industry, China’s BYD has overtaken Tesla as the world’s best-selling maker of electric cars. In the final quarter of last year, BYD, backed by…
Steady Increase in Market Share Amid Union Actions In December, Tesla saw a notable increase in new car registrations in Sweden, indicating a growing market presence despite facing union-led import hurdles. The data from Mobility Sweden revealed a 9% rise…
Volkswagen Embraces Tesla’s Charging Standard Volkswagen Group, a global automotive giant with brands such as Audi, Porsche, and Bentley, has announced its decision to adopt Tesla’s electric vehicle charging standard. This move places Volkswagen among the ranks of major automakers…
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