BMW’s Cautious EV Strategy Pays Off as Rivals Rethink All-Electric Plans
BMW’s measured approach to electric vehicles (EVs) is proving successful as competitors dial back aggressive EV targets, the company’s CEO announced. Oliver Zipse, speaking to shareholders on Wednesday, credited BMW’s multi-drivetrain strategy—blending EVs, hybrids, and combustion engines—for its edge in…
Tesla Launches $1,000 Discount Program for Heroes: EVs for Military, Teachers, and More
Tesla has introduced a new initiative offering a $1,000 discount on any new electric vehicle (EV) for verified students, teachers, first responders, military veterans, retirees, active-duty members, their spouses, and surviving spouses. This program, dubbed “Made in America for Everyday…
Tesla Appoints Chipotle’s Jack Hartung to Board, Bolstering Financial Oversight
On May 16, 2025, Tesla announced the addition of Chipotle executive Jack Hartung to its board of directors and audit committee, effective June, expanding the board to nine members. This move, reported by Reuters, strengthens Tesla’s financial governance as the…
BYD to Launch European EV Hub in Hungary, Boosting Jobs and Innovation
Chinese electric vehicle (EV) leader BYD announced plans to establish a European center in Hungary, a move that will create 2,000 jobs and strengthen its foothold in the region. Speaking at a Budapest news conference alongside Hungarian Prime Minister Viktor…
Tesla Abandons Robotaxi Lease Plan, Sells Off Vehicles Instead
In a surprising shift, Tesla has ended its controversial no-buyout lease policy, originally designed to reclaim vehicles for its planned robotaxi fleet, and instead sold the cars to new buyers. This move, reported by Reuters, marks a significant pivot for…
Tesla App Update Brings Detailed Supercharger Insights for EV Drivers
Tesla has rolled out a new app feature that gives electric vehicle (EV) owners real-time Supercharger information, even without navigating to a station. Announced on May 12, 2025, by Tesla’s official X account, this update enhances the charging experience for…
Tesla Cybertruck’s PowerShare Feature Saves the Day for Model Y on Mother’s Day Hike
On May 11, 2025, a Tesla Cybertruck demonstrated its innovative PowerShare feature by rescuing a Tesla Model Y with a low battery during a Mother’s Day outing, highlighting the growing utility of vehicle-to-vehicle (V2V) charging in the electric vehicle (EV)…
Xpeng Unveils Next-Gen P7 Electric Sedan with Global Ambitions
On May 14, 2025, Chinese electric vehicle (EV) manufacturer Xpeng revealed the next-generation P7, a sleek coupe sedan internally codenamed E29, marking a significant update to its iconic sports sedan lineup. This facelift, the first major refresh since the P7’s…
Nissan’s $4.5 Billion Loss Signals Tough Road Ahead for EV Strategy
Nissan Motor Co., once a pioneer in electric vehicles with the Leaf, reported a staggering $4.5 billion net loss for fiscal 2024, its worst financial performance in 25 years, prompting a drastic restructuring plan. Bloomberg reported that the Japanese automaker…
Mysterious Covered Tesla Vehicles Spotted During Drone Flyover at Giga Texas
A recent drone flyover at Tesla’s Giga Texas facility has sparked intrigue among electric vehicle (EV) enthusiasts, capturing footage of two mysterious covered Tesla vehicles undergoing road tests. Shared on social media by longtime Giga Texas observer Joe Tegtmeyer, the…
Toyota Unveils bZ Woodland: A Rugged Electric SUV for Outdoor Enthusiasts in 2026
Toyota has introduced the bZ Woodland, a new outdoor-focused electric SUV set to join its bZ lineup in the U.S. by early 2026. Designed for adventure seekers, this larger sibling to the bZ EV combines rugged capability with electric efficiency,…
JP Morgan Boosts Tesla Stake by 9.5% as EV Investments Surge
J.P. Morgan Chase increased its stake in Tesla by 9.5% (or 3.43 million shares) in the first quarter of 2025, according to its latest 13F filing with the SEC. The asset manager held 39,415,548 shares in Tesla as of March…
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