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BYD

Chinese EV Giants BYD and Chery Outpace Tesla, GM, and VW in 2025 Global Race

In 2025, Chinese automakers BYD and Chery are reshaping the electric vehicle (EV) landscape, outmaneuvering global giants like Tesla, General Motors (GM), and Volkswagen (VW) with unprecedented speed and scale. A Reuters investigation reveals how these companies slashed vehicle development times to as little as 18 months, compared to over five years for Western rivals,…

Morgan Stanley Downgrades Lucid, Rivian to Sell, Warns of 'EV Winter' Into 2026
Lucid

Lucid’s Q2 2025 Deliveries Climb 38% but Fall Short of Expectations Amid EV Market Shifts

On July 2, 2025, Lucid Group, Inc. reported a 38% increase in second-quarter vehicle deliveries, reaching 3,309 electric vehicles (EVs), up from 2,394 in Q2 2024. However, the figures missed Wall Street’s expectations of 3,611 units, reflecting challenges in the luxury EV market as economic pressures push consumers toward cheaper hybrids and gas-powered cars, according…

Mustang Mach-E

Ford’s EV Sales Plummet 31% in Q2 2025 Due to Mustang Mach-E Safety Recall

Ford Motor Co.’s electric vehicle (EV) sales dropped sharply by 31.4% in the second quarter of 2025, largely due to a safety-related stop-sale of its popular Mustang Mach-E. The recall, affecting over 317,000 vehicles globally, stems from a software glitch in the electronic door latches that could trap occupants inside, posing serious risks. This setback,…

lectric Vehicle Access Expands: Massachusetts Targets Springfield in Charging Station Boom
Tesla

EV Tax Credit Cuts Threaten U.S. Jobs and Manufacturing, Advocacy Groups Warn

The U.S. Senate’s decision to eliminate a $7,500 tax credit for new electric vehicle (EV) purchases and leases, along with a $4,000 credit for used EVs, effective September 30, 2025, has sparked urgent calls from advocacy groups for the House to intervene, reports Reuters. The Electrification Coalition warns that ending these incentives could jeopardize American…

Cybertruck

Tesla Cybertruck Surges to Lead U.S. EV Pickup Market in 2024

A Barron’s opinion piece by analyst Ben Z. Rose argues that Tesla’s Cybertruck, despite early setbacks, has become the top-selling electric vehicle (EV) pickup truck in the U.S., with an estimated 39,000 units sold in 2024, according to Cox Automotive. The truck’s bold design and Tesla’s software updates have driven its rise, surpassing competitors like…

Tesla Sues Ex-Supplier for Alleged $1B+ Battery Trade Secret Theft
Tesla

Tesla’s V4 Superchargers Launch in China, Boosting EV Charging for All Brands

Tesla has rolled out its first V4 Superchargers in China, a major step forward for electric vehicle (EV) charging infrastructure in the world’s largest EV market. Now operational in Shanghai, Chongqing, Gansu, and Zhejiang provinces, these advanced chargers promise faster charging and broader access, opening Tesla’s network to non-Tesla EVs for the first time in…

Mercedes-Benz EV Sales Slump 42% in Q3, Bucking Overall Growth Trend
Mercedes-Benz

Nancy Mace Urges Trump to Release $285M for Mercedes-Benz EV Plant in South Carolina

In a move highlighting the tension between Republican fiscal priorities and local economic benefits, Rep. Nancy Mace (R-South Carolina) has privately urged the Trump administration to release $285 million in federal funding for a Mercedes-Benz Vans plant northwest of Charleston to shift to electric vehicle (EV) production. The funds, part of a $1.8 billion grant…

VinFast's Second-Quarter Loss Deepens Amid Aggressive Expansion
VinFast

VinFast Launches Second Vietnam EV Factory to Boost Affordable Urban Models

On June 29, 2025, Vietnamese electric vehicle (EV) manufacturer VinFast began production at its new Ha Tinh factory, a strategic move to scale up output of affordable mini urban models amid global expansion challenges. The facility, spanning 90 acres, aims to produce 200,000 vehicles annually, complementing the company’s flagship Haiphong plant, which targets 950,000 units…

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