Ford

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Jul 6

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Stellantis

China Commits to Fast-Track Critical Minerals for Stellantis’ EV Production in Serbia

Serbia has secured a promise from China to expedite exports of critical minerals essential for electric vehicle (EV) production, directly benefiting Stellantis’ factory in Kragujevac, according to Serbian President Aleksandar Vucic. This development, announced on June 29, 2025, addresses supply chain challenges for Stellantis, a key player in Serbia’s economy, amid China’s tightened export control

Haye KestelooJun 29

R1T

CATL’s $6 Billion Indonesia Battery Venture Powers Global EV Supply Chain

On Sunday, China’s Contemporary Amperex Technology Co. Ltd. (CATL), the world’s leading electric vehicle (EV) battery manufacturer, broke ground on a $6 billion battery material ecosystem in Indonesia, partnering with Indonesia Battery Corp. and PT Aneka Tambang, reports Bloomberg. This ambitious project aims to bolster Indonesia’s role in the global EV supply chain while advancing…

Haye KestelooJun 29

Lucid

Lucid CEO Urges Congress to Save $7,500 EV Tax Credit as Senate Plans Cuts

Lucid Motors CEO Marc Winterhoff has urged Congress to preserve the $7,500 federal electric vehicle (EV) tax credit, warning that its elimination could cripple startups like his in a competitive market. As the Senate prepares to vote on a bill that would end the credit by mid-2025, Winterhoff’s plea underscores the high stakes for emerging…

Haye KestelooJun 29

Trump’s “Big Beautiful Bill” Sparks Outrage Over EV Tax Credit Cuts

Elon Musk

Trump Tax Bill Axes $7,500 EV Tax Credit, Sparks Musk’s Fury

On Saturday, June 28, 2025, Elon Musk, CEO of Tesla Inc., publicly condemned the U.S. Senate’s revised tax bill, which accelerates the elimination of the $7,500 electric vehicle (EV) tax credit. Musk’s sharp criticism, posted on his social media platform X, highlights the bill’s potential to harm the EV industry, a cornerstone of clean energy…

Haye KestelooJun 29

Tesla

Electric Vehicle Sales Poised for Growth as Prices Drop and Options Expand

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 the EV market, offering hope for enthusiasts and prospective buyers. Current Sales Trends Signal a…

Haye KestelooJun 27

China

China Links Cognac Deal to EU Tariff Talks, Impacting Electric Vehicle Trade

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 by Reuters, underscores the broader trade tensions between Beijing and Brussels, with EV manufacturers and…

Haye KestelooJun 27

Tesla

Tesla Executive Omead Afshar Departs Amid EV Sales Slump and Robotaxi Push

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 by three sources familiar with the matter, comes as Tesla grapples with a 19% year-to-date…

Haye KestelooJun 26

Model Y

Why Fully Autonomous Cars Remain Out of Reach by 2030

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 anywhere in all conditions—has hit significant hurdles. A Bloomberg chart projecting automation levels through 2

Haye KestelooJun 26

Ford

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