Detroit 3 Hold Less Than 5% Global EV Market Share
Ford, GM, and Stellantis collectively control less than 5% of the global electric vehicle market while Chinese automakers BYD, Geely, and Chery dominate, according to new BloombergNEF data reported by The Wall Street Journal. Why it matters: The gap exposes…
Audi E5 Sportback China Price Sparks European Buyer Fury
A viral YouTube video exposing the Audi E5 Sportback’s €40,000 ($47,000) China price tag has ignited outrage among European buyers. Why it matters: German consumers are learning they pay at least double for equivalent Audi EVs built in their own…
Ford Kills F-150 Lightning, Takes $19.5 Billion EV Writedown
Ford announced a $19.5 billion charge on its electric vehicle business, the largest EV impairment in U.S. auto industry history. Why it matters: The Detroit automaker is abandoning its all-electric pickup strategy and pivoting to hybrids, signaling the post-subsidy EV…
European Luxury Cars Collapse in China as BYD Steals Market
European luxury automakers are bleeding market share in China as consumers abandon six-figure German sedans for cheaper domestic brands led by BYD. Why it matters: China’s premium segment has shrunk for the third straight year while Chinese brands now control…
EU Considers 5-Year Extension to 2035 Combustion Engine Ban
The European Union is preparing to delay or weaken its landmark 2035 combustion engine ban after automakers warned of billion-dollar fines and mass layoffs. Why it matters: The move signals Europe is prioritizing short-term industry relief over long-term EV competitiveness…
Nissan Banks on Tennessee for 2026 Recovery With Hybrid Push
Nissan Americas Chairman Christian Meunier says Tennessee manufacturing will anchor the automaker’s turnaround after a disastrous fiscal year that ended with a $1.39 billion operating loss. Why it matters: Nissan is betting on U.S.-built hybrids to compete with Toyota while…
EU Waters Down 2035 Combustion Ban, Greenlights Hybrids Beyond Deadline
The European Union will soften its 2035 ban on new petrol and diesel cars, allowing plug-in hybrids to continue beyond the deadline, a senior MEP confirmed Friday. Why it matters: The reversal guts Europe’s flagship climate policy just as Chinese…
Renault Kills Car-Sharing, Slashes EV Charging Plans in Profit Pivot
Renault is shutting down its Zity car-sharing services and dramatically scaling back EV charging infrastructure plans as new CEO François Provost prioritizes profitability over expansion at the French automaker’s Mobilize unit. Why it matters: The retreat signals another European automaker…
BMW EV Owners Gain Tesla Supercharger Access in U.S.
BMW has officially unlocked Tesla Supercharger access for its electric vehicle owners in the United States. Why it matters: The German automaker joins 18 other brands now tapping into Tesla’s 75,000-stall global network, but current owners will need an adapter.…
Changan Expands European Push With Deepal EVs in Italy and Spain
Chinese automaker Changan Automobile is launching its Deepal electric SUVs in Italy and Spain as part of a major European expansion. Why it matters: This marks the second wave of Chinese EV brands entering Southern Europe, where interest in pure…
Xpeng G6 Undercuts Tesla Model Y by £12,000 in UK Launch
Chinese automaker Xpeng will launch its heavily-revised G6 electric SUV in the UK in early 2026, priced from £39,990. Why it matters: The refreshed G6 charges faster than any Tesla while costing up to £12,000 less than its Model Y…
Stellantis Exceeds Italy Supplier Target, Eyes Production Rebound
Stellantis spent over 7 billion euros ($8.1 billion) with Italian suppliers in 2024, beating its own target by 1 billion euros. Why it matters: The investment boost comes as the automaker faces its lowest Italian production in nearly 70 years…
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