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Foxconn Bets $3B On AI While Predicting China EV "Shakeout" Will Crush Unprofitable Startups
China

Foxconn Bets $3B On AI While Predicting China EV “Shakeout” Will Crush Unprofitable Startups

Foxconn Chairman Young Liu is placing a massive bet on artificial intelligence while stepping back from electric vehicles, predicting that China’s brutally competitive EV market will soon experience a devastating consolidation that forces unprofitable startups to disappear. The world’s largest contract electronics manufacturer plans to invest $2 billion to $3 billion annually in AI infrastructure…

BYD to Double European Dealers to 2,000 by 2026, Confirms Multi-Factory 'Localization' Strategy
Tesla

UK Targets Chinese EVs With Military Ban Over Unproven Spying Fears—Importing America’s DJI Playbook

The UK Ministry of Defence is considering a blanket prohibition on Chinese-manufactured electric vehicles for military personnel, citing concerns that built-in cameras and microphones could enable espionage. The move follows months of restrictions at sensitive military sites and mirrors security theater tactics the United States previously deployed against Chinese drone manufacturer DJI—despite a

Tesla Hits 75,000 Superchargers Worldwide with Special ‘Glacier Blue’ Stall in Tasmania
Tesla

Tesla Hits 75,000 Superchargers With Rare ‘Glacier Blue’ Stall In Tasmania

Tesla has officially reached a massive infrastructure milestone, installing its 75,000th global Supercharger stall in Tasmania, Australia. The automaker celebrated the achievement on November 19, 2025, by unveiling a commemorative “Glacier Blue” V4 stall at the South Hobart Smart Store, marking a significant expansion just months after hitting the 70,000 mark. Tesla Charging announced the…

BMW i3 production will be stopped in July as customers want bigger and less ugly EVs
Bolt

Massive EV Lease Returns in 2026 Could Trigger Used EV Price War Buyers Have Been Waiting For

A record wave of electric vehicle lease returns is set to flood the used car market in 2026, creating what analysts are calling an “EV avalanche” that could dramatically reshape pricing dynamics and deliver unprecedented opportunities for budget-conscious buyers. At least 243,000 EV leases will expire in 2026, with the figure potentially reaching 330,000 vehicles,…

Tesla

Tesla Wins Bid To Decertify 6,000-Worker Race Discrimination Class Action At Fremont Factory

A California judge has reversed a 2024 ruling that allowed more than 6,000 Black workers at Tesla’s Fremont factory to pursue racial harassment claims as a class action, delivering a significant legal victory to the electric vehicle maker amid mounting workplace discrimination allegations. California Superior Court Judge Peter Borkon ruled late Friday that the 2017…

Xpeng Ignites Share Surge with Affordable EV
XPeng

XPeng Forecasts Weak Q4 Revenue Despite Record Deliveries As China’s EV Price War Claims Another Victim

Chinese electric vehicle maker XPeng issued a disappointing fourth-quarter revenue forecast on Monday, signaling that even record-breaking delivery numbers can’t shield automakers from China’s relentless EV price war that continues eroding profitability across the sector. The Guangzhou-based automaker projects Q4 revenue between 21.5 billion yuan ($3.03 billion) and 23 billion yuan, falling well s

Rivian Spins Out $1B E-Bike and AI Startups to Fund Tech with VC Cash
Rivian

Rivian Spins Out $1B E-Bike and AI Startups to Fund Tech with VC Cash

Rivian Automotive is strategically spinning out its internal technology projects, including an e-bike division and an AI robotics firm, into new, externally-funded startups. This move, reported by Bloomberg, allows Rivian to monetize its engineering expertise and secure new funding without draining its own cash reserves as it races to launch its critical R2 SUV. This…

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