The electric vehicle (EV) market is heating up, and Tesla’s Model Y is making waves. According to a recent report by Wolf Richter for WOLF STREET, the Model Y is now a hair’s breadth away from becoming the best-selling model…
Mercedes-Benz, the German luxury automaker, has seen a significant drop in its share price following a profit warning issued on September 20, 2024. The company cited weakening demand in China as the primary reason for the downgrade, which has had…
Lucid Motors, a Silicon Valley-based electric vehicle (EV) startup, has officially opened a new office in Southfield, Michigan, aiming to tap into Detroit’s rich automotive talent pool and boost its operations. This strategic move comes as Lucid prepares for the…
Rivian is making waves in the electric vehicle (EV) market with its latest tri-motor configuration for its trucks and SUVs. The company is now shipping these models, offering an extra power boost over the dual-motor version. This new setup features…
Nio, the Chinese electric vehicle (EV) manufacturer, has dismissed rumors that it plans to acquire the Audi Brussels car plant. The company’s CEO, William Li, emphasized Nio’s cautious approach to investing in fixed assets, except for battery swap stations. This…
Vietnamese electric-vehicle maker VinFast reported a deeper second-quarter loss on Friday, driven by rising costs linked to its ambitious Asia expansion, although its revenue remained on a rising trend, according to its exchange filing. The company, which started delivering cars…
Volkswagen, a major player in the electric vehicle (EV) market, is facing scrutiny over its operations in China’s Xinjiang region. An audit of the company’s jointly owned site there has failed to meet key aspects of international standards, according to…
Germany’s government is exploring ways to support Volkswagen as the automaker faces hurdles in its shift to electric vehicles, according to Reuters. This comes as VW grapples with high costs, low productivity, and fierce competition in the EV market. Government…
Mercedes-Benz is pulling out of China’s electric vehicle market, selling its remaining stake in premium EV maker Denza. This move comes as luxury spending in the world’s largest auto market takes a hit, according to a recent report from The…
Chinese EV maker Nio is reportedly considering a purchase offer for Audi’s plant in Brussels, which is facing potential closure due to low demand for the Q8 E-Tron. This move could help Nio avoid higher tariffs on Chinese EV imports…
BYD, China’s leading electric vehicle (EV) maker, is making a bold move into Europe, with its first assembly plant set to open in Hungary. This strategic decision comes as the European Union considers raising tariffs on EVs imported from China,…
Volkswagen has encountered a significant hurdle with its all-electric ID.4, as the company recently halted production at its Chattanooga, Tennessee, factory due to a faulty electronic door mechanism. The issue, which has affected numerous VW owners, involves water seeping into…
Tesla’s performance in China remains strong, with the electric vehicle giant recording its second-best week of Q3 2024 for new vehicle insurance registrations. According to Sawyer Merritt’s post on X, 15,600 Teslas were insured in China last week. Q3 Numbers…
New car sales in the European Union took a nosedive in August, dropping by 18.3% to their lowest levels in three years. The decline was particularly steep for electric vehicles (EVs), with sales plunging by 43.9%. This marks the fourth…
China’s top trade official, Wang Wentao, is on a mission to sway EU trade boss Valdis Dombrovskis and prevent hefty duties on Chinese electric vehicle (EV) imports. However, his whistle-stop tour of European capitals might hit a roadblock in Brussels,…
The Biden administration is making moves to clear up how homeowners and businesses can get their hands on some serious tax credits for installing electric vehicle (EV) chargers. The Treasury Department proposed a new rule on Wednesday that could make…
The House Energy and Commerce Committee has approved a bill requiring new cars to include AM radio, a move that could significantly impact electric vehicle (EV) manufacturers. The bill, titled the AM for Every Vehicle Act, passed the committee with…
In a big win for electric vehicle (EV) owners, General Motors (GM) and Tesla have teamed up to open over 17,800 Superchargers in the U.S. and Canada to owners of Chevy, GMC, and Cadillac EVs. This move gives GM EV…
A powerful coalition, including tech giant Microsoft, beverage giant PepsiCo, and logistics heavyweights Maersk, DB Schenker, and AIT Worldwide, is leading the charge to electrify the Interstate 10 trucking corridor. Their focus? Developing charging infrastructure for longhaul battery-electric trucks between…
In a move that’s clearing the air and quieting city streets, London’s ultra-low emissions zone has an unexpected benefit: it’s getting kids to walk and bike to school more. A study by researchers at the University of Cambridge and Queen…
The automotive industry is undergoing a seismic shift towards electrification, with fully electric vehicles (EVs) poised to overtake hybrid models in the long run. According to a recent report from The Economist, the current surge in hybrid car popularity may…
So, the Tesla Semi has finally made its way to Europe, and it’s causing quite a stir. Jaan of the EV Universe, an EV enthusiast, got an up-close look at the very first Tesla Semi at the AAI Transportation show…
Rows of unsold electric vehicles (EVs) are gathering dust at the Belgian port of Zeebrugge, a stark contrast to the bustling activity seen in previous years. Despite the port’s massive transformation to accommodate the green evolution, the demand for EVs…
Electric vehicles (EVs) are set to take a bigger slice of the European Union’s car market by 2025, according to a recent report by Transport & Environment (T&E). The group predicts that battery-electric cars (BEVs) will reach a market share…
While wealthy cities like Shanghai and Shenzhen have led electric car adoption, uptake in other areas shows how hard gasoline cars can be to ditch, reports Bloomberg. According to Bloomberg’s report, China’s electric vehicle (EV) revolution is hitting a snag…
Lotus, the British company famous for its lightweight sports cars, has revealed a striking new supercar concept called Theory 1. This isn’t just an electric rebirth of the Lotus Esprit; it’s a showcase of future technologies and a hint at…
Tesla’s Cybertruck is turning heads, not just for its design but for its sales numbers. In July, the Cybertruck’s deliveries matched the combined sales of every other electric pickup truck on the market, reports Automotive News. Cybertruck Takes the Lead…
The BMW i4 is making waves in the electric vehicle market, proving to be a formidable competitor to the Tesla Model 3. This stylish four-door EV is not just a pretty face – it’s got the performance and range to…
Norway continues to lead the charge in electric vehicle adoption, with the Scandinavian nation on track to reach a significant milestone in its transition to sustainable transportation. According to a recent report from Bilbransje24, Norway is set to surpass one…
The UK government has confirmed that sales of some new hybrid cars will be allowed until 2035, while maintaining its commitment to ban new petrol and diesel-only vehicles from 2030. This news comes from a recent report by The Guardian.…
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