Tesla board chair Robyn Denholm has sparked controversy after selling $180 million in company stock over the past six months, a move drawing sharp criticism as Tesla navigates a turbulent period in the electric vehicle (EV) industry. According to an…
On May 14, 2025, U.S. energy officials began investigating Chinese-made solar power inverters after discovering undocumented communication devices, including cellular radios, inside some units, according to Reuters. These inverters, critical for connecting solar panels to the U.S. electricity grid, could…
Toyota has introduced its all-new electric vehicle (EV), the 2026 C-HR BEV, set to hit U.S. dealerships in 2026. This compact crossover promises a competitive 290-mile range and fast-charging capabilities, positioning Toyota to expand its presence in the growing EV…
Toyota has given its compact electric SUV a major overhaul, rebranding the bZ4X as the 2026 Toyota bZ with significant upgrades in range, power, and design. Set to arrive at dealerships in the second half of 2025, this mid-cycle refresh…
Honda has postponed its ambitious $11 billion (C$15 billion) electric vehicle (EV) production hub in Ontario, Canada, for at least two years, citing U.S. tariffs and a slower-than-expected EV market. The decision, announced by CEO Toshihiro Mibe on May 13,…
Nissan Motor Co. is intensifying its turnaround with a drastic restructuring plan, slashing 10,000 additional jobs and closing seven assembly plants worldwide to bolster its electric vehicle (EV) strategy, as announced by CEO Ivan Espinosa on May 13, 2025. This…
Swedish electric vehicle maker Polestar announced a significant 31% reduction in its quarterly loss on Monday, signaling that its aggressive cost-saving measures and focus on higher-priced models are paying off. Amid a challenging global EV market, the company, backed by…
Vertical Aerospace announced a hybrid-electric variant of its VX4 air-taxi on May 12, 2025, aiming to expand into defense, logistics, and other commercial markets with a projected range of up to 1,000 miles, reports Reuters. This development underscores the growing…
Hyundai Motor Group has postponed the launch of its $730 million hypercasting facility in Ulsan, South Korea, from 2026 to potentially 2028, driven by softening global electric vehicle (EV) demand and a 25% U.S. tariff on imported vehicles, according to…
Xiaomi, the Chinese technology giant, has secured a premium partnership with the Nürburgring, the world’s longest permanent racetrack, to bolster its electric vehicle (EV) development and brand visibility. This collaboration, announced on Nürburgring’s official site, marks a significant step for…
China’s passenger car market continued its upward trend in April 2025, with sales climbing 14.8% year-over-year, driven largely by a boom in electric vehicles (EVs) and plug-in hybrids. According to the China Passenger Car Association (CPCA), this marks the third…
A new Electric Vehicle Intelligence Report (EVIR) reveals shifting consumer perceptions in the U.S. electric vehicle (EV) market, with Honda, Chevrolet, and Ford gaining ground as Tesla’s brand reputation weakens. Based on a survey of over 8,000 U.S. consumers, the…
Tesla has set a new benchmark in electric vehicle (EV) production, completing the ramp-up of its updated Model Y at Giga Shanghai in just six weeks, the fastest in the company’s history. Announced through a post on Weibo, this milestone…
Chinese electric vehicle giant BYD and metals group Tsingshan have scrapped their plans to build lithium cathode plants in Chile, a move that could ripple through the electric vehicle (EV) battery supply chain, according to Chile’s economic development agency Corfo.…
In a significant milestone for the electric vehicle (EV) industry, EVs now account for roughly one in every 30 used car sales in the UK, according to recent data from the Society of Motor Manufacturers and Traders (SMMT). This growth,…
On May 9, 2025, Wolfspeed (WOLF.N), a key player in the electric vehicle (EV) supply chain, saw its shares drop 23% after the company raised concerns about its financial stability and slashed its annual revenue forecast. The chipmaker, known for…
The UK government has finalized a £1 billion (approximately $1.27 billion) funding deal to construct a new electric vehicle (EV) battery gigafactory in Sunderland, a move set to create 1,000 jobs and produce batteries for up to 100,000 EVs annually.…
Chinese billionaire Eric Li’s decision to privatize Zeekr, a New York-listed electric vehicle (EV) brand, marks a significant shift for the company just one year after its U.S. initial public offering (IPO). According to a Forbes report, parent company Geely…
Renault’s electrified revival of the iconic 1980s R5 Turbo, unveiled as the Renault 5 Turbo 3E at the 2022 Paris Auto Show, has sparked significant enthusiasm among electric vehicle (EV) enthusiasts. The limited-edition hatchback, priced at 155,000 euros ($176,000), secured…
Slate Auto, an upstart electric vehicle manufacturer, is making waves with a $700 million fundraising haul backed by Jeff Bezos’s investment firm, Bezos Expeditions. The funding, confirmed by Newsweek, spans Series A and B rounds, with the final close in…
Tesla’s Director of Battery Technology and Powertrain Architecture, Vineet Mehta, announced his departure from the company after 18 years, marking the end of a pivotal era for Tesla’s electric vehicle (EV) advancements. Mehta, who joined Tesla in 2007, shared his…
On May 8, 2025, the U.S. announced a significant reduction in tariffs on UK-made cars, including electric vehicles (EVs), dropping the rate from 27.5% to 10%. This decision, part of a broader economic deal with the UK, also eliminates tariffs…
Tesla’s Model Y deliveries in Australia hit a record low of 280 units in April 2025, down 76% year-on-year, marking the brand’s weakest month in nearly three years, according to Drive. The updated 2025 Model Y, codenamed Juniper, launched in…
Canadian police forces are electrifying their fleets, with the Kensington Police Service in Prince Edward Island (PEI) and Peel Regional Police in Ontario integrating electric vehicles (EVs) for patrol duties. This week, Kensington reportedly introduced a Ford Mustang Mach-E, while…
On May 6, 2025, Tesla launched a more affordable version of its popular Model Y, pricing the long-range rear-wheel drive variant at $44,990, which drops to $37,490 after a $7,500 federal tax credit. This move, reported by Reuters, aims to…
On May 7, 2025, 98-year-old British WWII veteran Ken Turner made headlines by driving a Sherman tank over a blue Tesla Model S, license plate reading “FASCISM,” in a dramatic protest against Elon Musk. The event, captured in a YouTube…
In a striking shift, Tesla’s battery storage division in Australia generated more revenue than its electric vehicle (EV) sales in 2024, highlighting the growing role of energy storage in the company’s portfolio. According to Tesla Motors Australia’s annual report filed…
Tesla’s push to trademark “Robotaxi” and “Cybercab” for its autonomous electric vehicles (EVs) hit a roadblock as the U.S. Patent and Trademark Office (USPTO) rejected the “Robotaxi” vehicle trademark for being too generic, according to a TechCrunch report. The decision,…
Tesla has launched the Model Y Long Range Rear-Wheel Drive (RWD) in the U.S., offering an impressive EPA-estimated range of 357 miles and a starting price of $44,990, which drops to $37,490 after a $7,500 federal EV tax credit. Announced…
Legendary investor Bill Miller recently shared his insights on the electric vehicle (EV) market, stating that Tesla’s current valuation doesn’t justify its price while praising BYD’s advancements in self-driving technology. In a MarketWatch report, Miller, known for beating the S&P…
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