Drama in the EV world: Volkswagen’s profits cratered 38% this half-year, as U.S. tariffs turn the green revolution into a red-ink mess. Volkswagen Group reported a sharp decline in profits for the second quarter and first half of 2025, even…
Drama in the EV world: Tesla unleashes record perks to beat the Sept 30 deadline – is this your sign to buy? Tesla has introduced an extensive array of discounts, financing options, and perks for its electric vehicle lineup in…
Hey Porsche lovers, ever feel the EV hype is slowing? Blume’s memo confirms it: “Our model no longer works,” sparking drama in the high-end electric world. Porsche CEO Oliver Blume has informed employees that the company’s longstanding business model is…
Tesla’s EV Sales in California Plunge for Seventh Straight Quarter Amid Growing Challenges Tesla Inc. saw its new vehicle registrations in California drop sharply last quarter, marking the seventh consecutive decline in the nation’s largest electric vehicle market. This downturn,…
Ouch! Europe’s new car registrations tanked 5.1% last month—here’s why EV momentum is fading and what it spells for drivers. Europe’s automotive market faced a significant setback in June, with new car registrations dropping 5.1% to 1.24 million vehicles—the steepest…
Elon Musk just promised robotaxis for half the US by year’s end, but California’s regulators aren’t buying it—here’s what EV owners need to know. Tesla CEO Elon Musk outlined ambitious plans for robotaxi deployment during the company’s recent earnings call,…
Tesla released its Q2 2025 earnings on July 23, reporting adjusted earnings of 40 cents per share, just below the average analyst estimate, alongside revenue of $22.5 billion that fell 12% year-over-year, marking the sharpest decline in at least a…
Tesla dropped a bombshell: Model Y leases start at $399/month—EV dreams are now reality! Tesla has rolled out compelling lease offers for the 2025 Model Y, making the popular electric SUV more accessible to EV enthusiasts. With monthly payments starting…
Imagine popping your Tesla’s frunk at dusk and it’s lit like a pro setup – no more fumbling in the dark. Tesla’s new $100 LED upgrade makes it reality in 2025. Tesla has rolled out a new LED ambient light…
JPMorgan’s global automotive research chief, Jose Asumendi, took a ride in Tesla’s freshly deployed Robotaxi in Austin and reported the trip was “certainly solid and felt like a safe ride at all times.” The comment, posted by Sawyer Merritt on…
Tesla’s profits have long leaned on the sale of regulatory credits, but a quick turn in American policy may soon curb that cash flow and unbalance the company’s balance sheet. According to Reuters, the latest measures pushed by the Trump…
Nissan Motor Co. has announced the closure of vehicle production at its Oppama plant in Japan by the end of fiscal year 2027, a strategic move tied to the company’s push for profitability amid evolving electric vehicle demands. This decision…
Mercedes-Benz has announced a temporary halt to production of its EQE and EQS electric vehicle models in the U.S., a move that underscores growing challenges for the EV sector as federal incentives are poised to vanish. This decision arrives just…
As electric vehicle sales falter, major battery manufacturers are shifting focus to a booming market in large-scale energy storage systems, offering a potential buffer against losses in the automotive sector. This strategic pivot helps utilize underused factories and taps into…
The European Union advances its green agenda as the Commission drafts rules that would require car-rental companies and large corporations to purchase only electric vehicles for their fleets from 2030 onward. This initiative, reported by German newspaper Bild, accelerates the…
Spy photographers captured the first detailed images of the redesigned Chevrolet Bolt EV, showcasing an unwrapped side profile that hints at a crossover-like design while the front and rear stay heavily disguised. This update positions the vehicle as the first…
Tesla has introduced a compelling lease deal for the 2025 Model S All-Wheel Drive this July, making the flagship electric sedan more accessible amid its recent efficiency updates. This move highlights the vehicle’s enduring appeal in the luxury EV market,…
Hyundai Motor Company introduces the IONIQ 9 Seed Ball Drone Station, transforming its flagship electric SUV into a versatile base for aerial reforestation, leveraging vehicle-to-load (V2L) technology to power drones in wildfire recovery efforts. This innovation extends the company’s Smart…
Chinese electric vehicle manufacturers Neta and Zeekr have come under scrutiny for artificially boosting sales figures by insuring vehicles before actual buyer purchases, allowing them to meet aggressive targets amid fierce market competition. This revelation, detailed in a Reuters investigation,…
Subaru unveiled the 2026 Uncharted EV in New York City, introducing the brand’s first front-wheel-drive model since 1996 amid a shifting electric vehicle market. This launch responds to volatile tariffs and fading consumer incentives, delivering a budget-friendly electric crossover with…
Uber has re-entered the autonomous vehicle arena by investing $300 million in Lucid Motors, partnering with the EV maker and self-driving tech firm Nuro to build a fleet of robotaxis based on the Lucid Gravity electric SUV. 12 This move…
Tesla has appointed Raj Jegannathan, a senior information technology executive, to oversee its North American sales team as the electric vehicle company confronts declining demand in key markets, according to Investing.com. This move follows the recent departure of longtime sales…
Rivian has unveiled plans for its new East Coast headquarters in Atlanta, a key step that supports the automaker’s renewed push to scale production at its nearby Georgia manufacturing facility. This development follows months of financial adjustments, including layoffs, but…
Tesla has introduced a wide array of discounts and incentives for its electric vehicles in the US, aiming to boost sales before the federal tax credit expires at the end of the quarter. This move comes as the company experiences…
The Porsche Macan has achieved a remarkable milestone by becoming the fastest-selling model in the company’s history, reaching one million units produced in only 12 years, as the electric version gains strong traction amid a broader shift toward electrification. This…
In Mexico, budget-conscious buyers like Uber driver Patricia Gatica are turning to affordable cars made in China, such as the $17,000 Chevy Aveo, which offers impressive fuel efficiency at 48 miles per gallon, according to Bloomberg. This trend extends to…
China’s cabinet vowed on Wednesday to regulate “irrational” competition in the electric vehicle sector, as a prolonged price war escalates in the world’s largest auto market. This move signals a push for stability, with officials committing to enhanced cost investigations…
Lucid Group Inc.‘s interim CEO Marc Winterhoff has cautioned that proposed tariffs under President Donald Trump will elevate automobile production costs, affecting even vehicles assembled in the United States. This development stems from the automotive industry’s reliance on a global…
Tesla has rolled out compelling lease offers for the 2025 Model Y, making the popular electric SUV more accessible to EV enthusiasts. With monthly payments starting at $399 and flexible down payment options, these nationwide deals, detailed on Tesla’s official…
Tesla’s vice president of sales, service, and delivery in North America, Troy Jones, has left the company after 15 years, according to a Wall Street Journal report cited by Reuters. This development adds to a series of high-level exits at…
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