On June 16, 2025, Polestar, the Sweden-based electric vehicle (EV) manufacturer, announced a $200 million equity investment from PSD Investment, a firm controlled by Geely Holding Group’s founder, Li Shufu. This funding, reportedly secured through a private investment in public…
Tesla has made a groundbreaking leap in electric vehicle (EV) technology with the first fully autonomous delivery of a Model Y, completing a journey from factory to a customer’s home across town, including highways, a day ahead of schedule. UPDATE:…
Chinese automaker BYD is set to triple its electric bus and truck production in Europe with a new $94 million facility in Komarom, Hungary, a move that strengthens Hungary’s position as a hub for Chinese electric vehicle (EV) investment. Announced…
Chinese automakers like BYD, Chery, and Great Wall Motor (GWM) are accelerating their push into Africa, leveraging low-cost electric vehicles (EVs) and plug-in hybrids to tap the continent’s untapped potential. Facing trade barriers in the U.S. and Europe, these companies…
Despite a sluggish start, electric vehicle (EV) sales are set to gain momentum, driven by falling prices, growing incentives, and a surge in model variety, according to recent industry forecasts. Cox Automotive and J.D. Power highlight a dynamic shift in…
China has tied a tentative deal on minimum import prices for French cognac to progress in negotiations over EU tariffs on Chinese-made electric vehicles (EVs), creating a complex trade standoff with significant implications for the EV industry. This development, reported…
Redwood Materials, a leader in electric vehicle (EV) battery recycling, is giving retired EV batteries a second life by converting them into cost-effective microgrids, the company announced on Thursday. By repurposing still-functional batteries, Redwood’s new division, Redwood Energy, is creating…
Volex, a leading cable manufacturer, reported a 25% profit increase for the year ending March 2025, driven by soaring demand for its electric vehicle (EV) chargers. Despite concerns over U.S. tariffs under President Trump, the company’s strategic global operations and…
Xiaomi Corp.’s stock soared 8% to an all-time high after its $35,360 YU7 electric SUV, unveiled on June 26, 2025, drew an impressive 289,000 pre-orders in just one hour, signaling strong demand in China’s competitive EV market. Priced at 253,500…
Tesla’s vice president of sales and manufacturing for North America and Europe, Omead Afshar, has left the electric vehicle (EV) giant, marking another high-profile exit as the company navigates declining sales and a pivot to autonomous technology. The departure, confirmed…
The dream of fully autonomous cars continues to stall, leaving electric vehicle (EV) enthusiasts and industry watchers intrigued yet cautious. Despite early optimism following the US military’s Darpa challenge two decades ago, progress toward Level 5 self-driving cars—capable of driving…
In May 2025, Tesla’s European sales plummeted for the fifth consecutive month, with only 8,729 vehicles sold across the European Union—a 40.5% decline from the 14,682 units sold in May 2024, according to data from the European Automobile Manufacturers Association.…
Tesla’s robotaxi trials in Austin, Texas, have hit roadblocks, with videos from riders revealing multiple driving errors just days into the public test. The incidents, reported by Reuters, highlight challenges in Tesla’s self-driving software as the company pushes toward autonomous…
The 2026 Cadillac Optiq compact crossover will lead General Motors’ charge into Tesla’s charging ecosystem, becoming the first GM electric vehicle equipped with a native North American Charging Standard (NACS) port, reports Automotive News. This shift, announced by Cadillac, marks…
Europe’s electric vehicle (EV) market gained momentum in May 2025, with new-car registrations climbing 1.9% to 1.11 million units, according to the European Automobile Manufacturers’ Association. This uptick, driven by robust demand for plug-in hybrids and battery-electric cars, signals a…
Starting September 1, 2025, Ford Motor Company will require most of its global salaried workforce to return to the office four days a week, a move aimed at boosting performance as the automaker accelerates its electric vehicle (EV) ambitions. Announced…
On Tuesday, June 23, 2025, Cadillac delivered its first Celestiq, a hand-built electric sedan that signals a bold step into the ultra-luxury EV market. Priced from $340,000, the Celestiq was handed over at General Motors’ Global Technical Center in Warren,…
Lucid Motors is advocating for the $7,500 EV tax credit to remain in place for emerging automakers through 2026, arguing it levels the playing field against established brands. Interim CEO Marc Winterhoff emphasized fairness, noting that legacy manufacturers have long…
A dramatic incident unfolded in the Pacific Ocean late Monday when the Morning Midas, a car carrier transporting electric vehicles (EVs), sank after a fire raged on its deck for weeks. The 600-foot-long vessel, which had been adrift since June…
The 2026 Kia EV4, the brand’s first global electric sedan, is set to challenge the Tesla Model 3 with a compelling mix of range, affordability, and modern design. Priced at approximately $31,000 in Korea, the EV4 offers up to 330…
On June 19, 2025, over 200 Tesla vehicles, including dozens of Cybertrucks, were removed from Hunter’s Square shopping center in Farmington Hills, Michigan, following a court order citing zoning violations. The decision, reported by Crain’s Detroit Business, highlights tensions between…
Land Rover is gearing up to disrupt the luxury electric vehicle (EV) market with the launch of a rugged, entry-level Defender SUV, blending its iconic off-road heritage with cutting-edge electric technology. According to a recent article from AutoWeek, the British…
On June 22, 2025, Tesla rolled out its robotaxi pilot in Austin, Texas, marking a pivotal step for electric vehicle (EV) autonomy. The limited launch, featuring a dozen autonomous Tesla Model Ys, drew praise from select riders, including investors and…
BMW is set to reintroduce range extender technology with the iX5 SUV, a model already in testing and slated for a potential 2026 release, according to a report by Auto News. This move marks a strategic pivot for the German…
Honda will unveil its Super EV Concept, a boxy electric minicar, at the Goodwood Festival of Speed in July 2025, signaling a push into the entry-level EV market to replace the discontinued Honda e, according to Automotive News Europe. This…
Last month, a dazzling drone display above Rome’s Olympic Stadium unveiled BYD’s Dolphin Surf, signaling the Chinese automaker’s aggressive push into Europe’s electric vehicle (EV) market. The glowing orbs formed the car’s silhouette against iconic landmarks like the Colosseum, pitching…
The U.S. Postal Service (USPS) will continue its push toward an electric vehicle (EV) fleet, as Senate Republicans cannot force the agency to abandon its 7,200 EVs or EV charging infrastructure, according to a recent Senate parliamentarian ruling. This decision,…
Tesla has officially rolled out its long-awaited robotaxi service in Austin, Texas, marking a significant milestone for electric vehicle (EV) enthusiasts and the autonomous driving industry. Launched on Sunday, June 22, 2025, this service introduces a select group of invitees…
The U.S. Senate parliamentarian has dealt a significant blow to Republican efforts to undo landmark electric vehicle (EV) emission regulations set by the Biden administration. On Friday, June 20, 2025, the parliamentarian ruled that overturning these rules requires 60 votes…
Rivian is sparking interest with a series of compelling lease offers for the 2025 R1T and R1S, catering to electric vehicle enthusiasts and adventure seekers. Announced as of June 20, 2025, these promotions highlight the brand’s push to make its…
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