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Toyota

2026 Toyota bZ Unveiled: Revamped EV Boasts 314-Mile Range and 338 HP

Toyota has given its compact electric SUV a major overhaul, rebranding the bZ4X as the 2026 Toyota bZ with significant upgrades in range, power, and design. Set to arrive at dealerships in the second half of 2025, this mid-cycle refresh aims to reposition Toyota’s EV in a competitive market, addressing past criticisms of its range…

Jaguar Land Rover

Jaguar Land Rover Posts Decade-High Profits, Gears Up for Electric Vehicle Push

Jaguar Land Rover (JLR), Britain’s largest automotive employer, has reported its strongest profits in a decade, reaching $3.14 billion (£2.5 billion) for the 2024-25 financial year, up from $2.77 billion (£2.2 billion) the previous year, despite looming U.S. tariff uncertainties. The Indian-owned automaker, part of Tata Motors, is accelerating its electric vehicle (EV) strategy, preparing…

Polestar

Polestar Slashes Quarterly Loss by 31% as Cost-Cutting and EV Sales Surge

Swedish electric vehicle maker Polestar announced a significant 31% reduction in its quarterly loss on Monday, signaling that its aggressive cost-saving measures and focus on higher-priced models are paying off. Amid a challenging global EV market, the company, backed by China’s Geely Holding, reported a net loss of $190 million for the first quarter ending…

Volvo

Volvo Unveils 2026 XC70 PHEV with 125-Mile Electric Range for EV Enthusiasts

Volvo has teased the all-new 2026 XC70 plug-in hybrid electric vehicle (PHEV), reviving the iconic Cross Country nameplate with a remarkable 125-mile electric range. This announcement positions the XC70 as a standout choice for EV enthusiasts seeking a versatile crossover with extended-range capabilities, set to launch in 2026. Powertrain and Performance Specs The 2026 XC70…

Semi

Wolfspeed Shares Plummet 23% as Slowing EV Demand Hits Revenue Forecast

On May 9, 2025, Wolfspeed (WOLF.N), a key player in the electric vehicle (EV) supply chain, saw its shares drop 23% after the company raised concerns about its financial stability and slashed its annual revenue forecast. The chipmaker, known for producing silicon carbide (SiC) wafers critical for EV power electronics, is grappling with sluggish demand…

Kia

Kia EV5 Global Launch Set for 2025: Upgraded Electric SUV Targets Tesla Model Y

Kia is gearing up to launch the global version of its EV5 electric SUV in the third quarter of 2025, bringing a refined contender to the electric vehicle market. With production slated at Kia’s Autoland Gwangju plant in South Korea, the EV5 aims to challenge the Tesla Model Y with competitive pricing, updated design, and…

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

Lucid Motors Slashes 2025 Air Model Prices with New Offers for EV Buyers

Lucid Motors has rolled out aggressive pricing and incentives for its 2025 Lucid Air lineup, making its luxury electric vehicles (EVs) more accessible to buyers. The updated pricing, detailed on Lucid Motors’ official website, positions the Air Pure, Air Touring, and Air Grand Touring as compelling options in the competitive EV market, with cash prices…

Slate

Slate Auto Secures $700M with Jeff Bezos Backing to Redefine Affordable EVs

Slate Auto, an upstart electric vehicle manufacturer, is making waves with a $700 million fundraising haul backed by Jeff Bezos’s investment firm, Bezos Expeditions. The funding, confirmed by Newsweek, spans Series A and B rounds, with the final close in late 2024, setting the stage for Slate to challenge the EV market with its no-frills,…

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