Wedbush analyst Dan Ives boosted Tesla’s price target from $350 to $500, spotlighting the electric vehicle giant’s leadership in autonomous driving technology as a key driver for growth. In an interview with Bloomberg, Ives shared his bullish outlook, emphasizing Tesla’s…
Tesla is experiencing a surge in interest for its electric vehicles, with some U.S. stores reporting record test drive signups for the new 48-hour demo option. According to a recent update from EV enthusiast Sawyer Merritt, the extended test drives…
Volvo Cars’ CEO, Hakan Samuelsson, has raised concerns over looming tariffs that could significantly increase costs for electric vehicle (EV) buyers in the United States. In a recent statement, Samuelsson highlighted the challenges of maintaining affordability for models like the…
On May 22, 2025, the U.S. House passed H.R. 1, the “One Big Beautiful Bill Act,” introducing a tax deduction of up to $10,000 annually on auto loan interest for vehicles assembled in the U.S., including electric vehicles (EVs) like…
China’s electric vehicle (EV) market is facing unprecedented price cuts, with discounts reaching a record 16.8% in April, up from 16.5% in March, according to a recent Carscoops report. This intensifying price war, driven by fierce competition among nearly 50…
Tesla has introduced an extended 48-hour test drive program for its Cybertruck, Model S, Model 3, and Model Y, marking a first for U.S. customers. Announced by automotive enthusiast Sawyer Merritt, this initiative allows anyone in the U.S. to book…
A prominent U.S. marketing professor, Scott Galloway, labeled Elon Musk’s involvement with the Trump administration’s Department of Government Efficiency (Doge) as “one of the greatest brand destructions” ever, citing its impact on Tesla’s core demographic. Speaking on the Pivot podcast,…
On May 24, 2025, Xiaomi, the tech giant known for its smartphones, revealed its latest electric vehicle, the YU7—an electric SUV designed to compete directly with the Tesla Model Y. Boasting a sleek design reminiscent of the Ferrari Purosangue and…
General Motors (GM) is making a bold move to dominate the electric vehicle (EV) market by hiring Kurt Kelty, a former Tesla battery expert, to lead its charge toward affordable family cars. With Kelty’s 11 years of experience at Tesla,…
A recent House-passed tax bill could reshape the electric vehicle (EV) landscape in the U.S., eliminating key subsidies that have fueled adoption and manufacturing. Reported by The New York Times, the legislation, if enacted, would raise EV prices, slow sales,…
On Thursday, Xiaomi unveiled its second electric vehicle, the YU7, positioning itself as a formidable rival to Tesla in China’s competitive EV market. Launched at an event in Beijing, this luxury high-performance SUV boasts advanced technology and impressive specs, aiming…
Subaru is doubling down on its electric vehicle (EV) strategy in Europe, aiming to navigate the challenges of electrification while staying true to its rugged, all-wheel-drive heritage. According to a recent Autocar interview with Subaru Europe boss David Dello Stritto,…
The GOP-led Senate voted 51-44 to revoke California’s authority to set its own tailpipe emissions standards, a move that effectively dismantles the state’s mandate to ban new gasoline-powered car sales by 2035 as reported by the WSJ. The decision made…
Hyundai has unveiled its latest electric vehicle, the 2026 Ioniq 9, blending futuristic design with cutting-edge technology to cater to family-oriented EV enthusiasts. Launched in Beverly Hills, California, this sleek SUV promises to deliver style, practicality, and advanced features for…
In a stunning turn for the electric vehicle (EV) industry, Chinese automaker BYD has overtaken Tesla in European sales for the first time, marking a significant milestone in April 2025. This shift, reportedly driven by BYD’s aggressive pricing and strategic…
Volvo is set to revolutionize the electric vehicle (EV) landscape by becoming the first automaker to integrate Google’s Gemini AI chatbot into its cars. Announced on May 21, 2025, this move expands Volvo’s partnership with Google, leveraging the Android Automotive…
Tesla is gearing up to launch its autonomous robotaxi service in Austin, Texas, in June 2025, starting with a limited fleet of 10 Model Y crossovers. CEO Elon Musk announced the rollout on CNBC, emphasizing a cautious deployment to prioritize…
Tesla’s latest Model Y Performance has been caught testing at the Nürburgring, revealing exciting upgrades for electric vehicle enthusiasts. Spotted by Carscoops, this prototype showcases a sportier design and enhanced performance specs, signaling Tesla’s push to refine its compact electric…
Volkswagen is set to electrify its iconic Golf GTI, with CEO Thomas Schäfer calling the upcoming all-electric version a “monster car” that will be “mind-blowing” to drive. According to a recent Autocar report, Schäfer shared these insights after test-driving prototypes,…
Nissan Motor Co. is nearing a deal to source electric vehicle (EV) batteries in the U.S. from a joint venture between Ford Motor Co. and South Korea’s SK On, a move aimed at navigating new tariffs and revitalizing EV production.…
China’s electric vehicle (EV) leader, BYD, reported a significant milestone, selling 213,325 vehicles equipped with smart-assisted driving features in April 2025, as announced in a recent Reuters report. This figure represents over 57% of BYD’s total sales for the month,…
Waffle House, a beloved Southern dining chain, is partnering with BP Pulse to install 400-kilowatt DC fast chargers at select locations, offering EV drivers a convenient charging solution while they enjoy a meal. Announced on May 21, 2025, this collaboration…
Electric vehicle enthusiasts in Europe now have an exciting new option as BYD, China’s leading EV manufacturer, introduced its low-cost Dolphin Surf model in Berlin on May 21, 2025. Marking the company’s tenth model in the region, this compact electric…
Chinese electric vehicle (EV) manufacturer XPeng is making waves in the EV industry, forecasting second-quarter revenue between 17.5 billion and 18.7 billion yuan ($2.47 billion to $2.64 billion), surpassing Wall Street expectations of 16.85 billion yuan, according to LSEG data.…
On May 20, 2025, Elon Musk reaffirmed his dedication to leading Tesla as its chief executive for at least another five years, addressing the Qatar Economic Forum with a bold statement despite recent electric vehicle (EV) market struggles. Speaking at…
Following the collapse of merger talks between Nissan and Honda in February 2025, Toyota reportedly reached out to Nissan to explore a potential partnership, according to Japan’s Mainichi Shimbun via Automotive News. This move underscores Toyota’s ambition to bolster its…
Volkswagen is set to revive traditional naming for its electric vehicles (EVs), moving away from the alphanumeric ID labels like ID.3 and ID.4, according to a recent statement from the company’s head of marketing and sales. According to Motor1, this…
In a fiery response to violent attacks on Tesla showrooms in Europe, CEO Elon Musk issued a direct warning to perpetrators and their organizers: “Don’t worry, we are coming for you!” Speaking at the Qatar Economic Forum, Musk condemned the…
Tesla Europe & Middle East showcased the capabilities of its Full Self-Driving (FSD) Supervised system by navigating the notorious Arc de Triomphe roundabout in Paris, a challenging urban environment known for its complexity. This achievement highlights the advancing potential of…
LG Energy Solution (LG Ensol) is set to significantly boost production of its next-generation 4680 cylindrical battery, a critical component for Tesla’s electric vehicles (EVs), starting in June or July 2025, reports the Korean newsoutlet Dealsite. This ramp-up at its…
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