Rivian Automotive posted better-than-expected third-quarter earnings Tuesday, reporting a narrowed adjusted loss and positive gross profit for the second time this year. But the electric vehicle maker’s stock surge couldn’t mask the harsh reality waiting just beyond the quarterly numbers:…
The European Commission will announce a new regulatory category for affordable small electric vehicles in December, aiming to enable manufacturers to produce EVs priced between €15,000 and €20,000 ($16,000-$21,000) as Chinese competitors continue gaining market share with lower-cost models. European…
Tesla’s China-made electric vehicle sales fell 9.9% year-over-year in October 2025 to 61,497 units, reversing a brief September uptick and signaling renewed struggles in the world’s largest EV market. The decline, reported by the China Passenger Car Association, marks a…
Lucid Motors is scrambling to contain a customer relations crisis after lease-return customers reported receiving excessive wear-and-tear bills reaching thousands of dollars for minor cosmetic damage. One customer’s jaw-dropping $7,600 charge for issues including a nearly $5,000 taillight replacement has…
Li Auto is recalling 11,411 of its flagship Mega multi-purpose electric vehicles in China following a dramatic battery fire in Shanghai on October 23, 2025, according to Bloomberg. The recall covers all 2024 Mega models produced between February 18, 2024,…
Volkswagen has secured 2.3 billion reais ($425.62 million) in credit lines from Brazil’s state development bank BNDES to accelerate hybrid vehicle development across South America, according to Reuters. The German automaker announced Friday it will use the financing to offer…
Ford CEO Jim Farley has escalated his warnings about Chinese automotive dominance to existential levels, declaring that China’s manufacturing capacity could single-handedly destroy the entire North American auto industry. In a stark CBS Sunday Morning interview that aired October 26,…
Elon Musk floated an audacious idea during Tesla’s Q3 2025 earnings call that flew under the radar: transforming the company’s millions of parked vehicles into a massive distributed computing network for artificial intelligence. The proposal, shared by Tesla analyst Nic…
China’s electric vehicle revolution has reached a historic milestone: for the first time, the country’s October “Golden Week” holiday saw gasoline demand fall instead of surge, dropping 9% year-over-year to 12.5 million tons despite record travel, according to Reuters. The…
Volkswagen Group reported a €1.3 billion ($1.4 billion) operating loss for the third quarter of 2025, marking the German automaker’s first quarterly loss since the pandemic as it absorbs massive charges from Porsche’s failed electric vehicle strategy and President Trump’s…
Porsche is testing heavily camouflaged electric 718 Cayman prototypes at Germany’s Nürburgring circuit, with the sports car wearing fake bodywork designed to make it resemble a 911. The testing comes as Porsche posts its first quarterly loss ever—a staggering $1.1…
Tesla has pulled back the curtain on the engineering philosophy behind its new Model Y Performance, revealing how the electric automaker achieved blistering 3.3-second 0-60 mph times and 306 miles of EPA-estimated range through aerodynamic refinement rather than simply cranking…
