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Lucid Pushes for EV Tax Credit Extension to Boost Small Brands Through 2026
Lucid

Lucid Launches $79,900 Gravity Touring: A Price Drop That Missed The Tax Credit

Lucid Motors just dropped the price of its critical SUV to under $80,000, but for buyers hoping for a federal subsidy, the timing couldn’t be worse. Lucid Group (NASDAQ: LCID) officially launched the Lucid Gravity Touring on Thursday with a starting price of $79,900, a strategic move to broaden the luxury SUV’s appeal as demand…

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

Xiaomi Enters Electric Vehicle Market with Ambitious Goals
Tesla

Xiaomi Beats Tesla to Profitability in Just 19 Months: The ‘Smartphone on Wheels’ Model Works

Xiaomi’s EV division posts a $98 million profit in Q3 2025, validating a “ruthlessly efficient” consumer tech strategy that puts Apple’s failed car project to shame. Xiaomi has achieved the holy grail of the electric vehicle industry—profitability—in record time, reports Bloomberg. The Chinese consumer electronics giant reported a 700 million yuan ($98 million USD) profit…

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…

Trump Touts Tesla Tax Break That Replaced the $7,500 EV Credit His Bill Killed
Tesla

Trump Touts Tesla Tax Break That Replaced the $7,500 EV Credit His Bill Killed

President Donald Trump highlighted a vehicle loan interest tax deduction during a November 19, 2025 speech, specifically mentioning Tesla and claiming the policy helps “middle income people” afford cars—four months after the same legislation eliminated the $7,500 EV tax credit that made electric vehicles genuinely affordable for average buyers. “Middle income people, they don’t know…

BMW iX3 Shatters Range Expectations With 626-Mile Real-World Test Drive
BMW

BMW iX3 Shatters Range Expectations With 626-Mile Real-World Test Drive

BMW just proved its new iX3 electric SUV can travel farther on a single charge than most drivers will ever attempt in one day. A BMW team drove the 2026 iX3 over 1,000 kilometers (626 miles) from the automaker’s Debrecen, Hungary production facility to BMW Welt in Munich without stopping to charge, arriving with battery…

Porsche Bets On $165,000 Electric Cayenne Weeks After Declaring Luxury EV Pricing Model Broken
Porsche

Porsche Bets On $165,000 Electric Cayenne Weeks After Declaring Luxury EV Pricing Model Broken

Porsche unveiled the 2026 Cayenne Electric today, crowning it the most powerful production vehicle in the German automaker’s 77-year history with a staggering 1,139 horsepower. The launch comes just weeks after Porsche posted a $1.1 billion quarterly loss and declared that its luxury EV business model no longer works. The electric SUV will arrive in…

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