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Rivian Automotive is laying off approximately 600 employees—roughly 4.5% of its workforce—as the electric vehicle maker faces mounting pressure from the September 30 expiration of federal EV tax credits and a broader slowdown in EV demand. The layoffs, first reported by The Wall Street Journal, mark the third workforce reduction in just four months for…
Porsche is significantly altering its electric vehicle strategy, delaying the launch of some all-electric models and re-emphasizing combustion and hybrid powertrains in response to a cooling EV market and other economic pressures. The move, which includes a substantial cut to its profit forecast accorsing to the WSJ, signals a major recalibration for the iconic German…
Picture this: You buckle your toddler into your Tesla Model Y, step outside, and suddenly can’t get back in. Your child is trapped, and you’re reaching for a rock. Tesla is redesigning its vehicle door handles following a federal safety investigation into the 2021 Model Y, where electronic handle failures have reportedly trapped occupants, including…
Electric vehicle (EV) sales are surging across the U.S. as consumers race to take advantage of the federal government’s $7,500 tax credit before it expires on September 30, 2025. Dealers in EV hot spots like Colorado report unprecedented demand, with steeply discounted lease offers drawing in new and repeat buyers alike, reports the WSJ. Deep…
The 2026 Porsche Cayenne Electric is nearing production and looks set to redefine the high-performance EV SUV segment. In early prototype drives outside Barcelona, Spain, Car and Driver reported that Porsche’s upcoming all-electric version of its flagship SUV will deliver up to nearly 1000 horsepower in its Turbo trim, lightning-fast 400-kW charging capability, and the…
Porsche is ending in-house battery cell production at its Cellforce subsidiary and converting the unit into a dedicated R&D operation, citing insufficient volumes, lack of economies of scale, and tougher conditions in the U.S. and China. Roughly 200 of 286 jobs at the Kirchentellinsfurt site are expected to be cut, with some potentially absorbed by…
California is preparing to revive its own electric vehicle (EV) subsidies after the Trump administration dismantled federal support, eliminating tax credits and rolling back zero-emission mandates. State officials this week submitted a report to Gov. Gavin Newsom detailing strategies to sustain EV adoption in the absence of federal backing, as reported by the Los Angeles…
Hybrid vehicles have overtaken electric vehicles in California’s auto market share for the second quarter of 2025, according to the California New Car Dealers Association’s Q2 Auto Outlook Report. The report shows hybrids gaining momentum while EV registrations continue to slump, challenging the state’s long-term zero-emission vehicle targets. Hybrid Vehicle Registrations Climb as EV Market…
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