Volvo Cars announced on May 26, 2025, that it will cut 3,000 jobs globally, primarily targeting white-collar roles, as the automaker grapples with high costs, a slowdown in electric vehicle (EV) demand, and looming trade tariffs, reports Automotive News. The…
In a striking blow to Tesla’s expansion plans, the city of Marion in South Australia has overwhelmingly rejected a proposal to sell public land for a new Tesla battery factory, with 95% of nearly 1,000 submissions opposing the move. The…
Chinese electric vehicle (EV) giant BYD Co. (1211.HK) triggered a seismic shift in the EV market by slashing prices on 22 of its models by as much as 34%, intensifying a price war in China amid slowing demand. According to…
Chevrolet is expanding its electric Silverado lineup for 2026, introducing the off-road-ready Trail Boss trim and slashing prices on Work Truck (WT) and LT models to boost affordability. With enhanced battery options and a focus on rugged capability, the updates…
Tesla has announced that its attractive 1.99% APR financing offer for the new Model Y will conclude on June 16, 2025, in the U.S., giving prospective electric vehicle (EV) buyers a narrow window to act. This promotion from Tesla has…
A prominent U.S. marketing professor, Scott Galloway, labeled Elon Musk’s involvement with the Trump administration’s Department of Government Efficiency (Doge) as “one of the greatest brand destructions” ever, citing its impact on Tesla’s core demographic. Speaking on the Pivot podcast,…
On May 24, 2025, Xiaomi, the tech giant known for its smartphones, revealed its latest electric vehicle, the YU7—an electric SUV designed to compete directly with the Tesla Model Y. Boasting a sleek design reminiscent of the Ferrari Purosangue and…
On Thursday, Xiaomi unveiled its second electric vehicle, the YU7, positioning itself as a formidable rival to Tesla in China’s competitive EV market. Launched at an event in Beijing, this luxury high-performance SUV boasts advanced technology and impressive specs, aiming…
The GOP-led Senate voted 51-44 to revoke California’s authority to set its own tailpipe emissions standards, a move that effectively dismantles the state’s mandate to ban new gasoline-powered car sales by 2035 as reported by the WSJ. The decision made…
Volkswagen is set to electrify its iconic Golf GTI, with CEO Thomas Schäfer calling the upcoming all-electric version a “monster car” that will be “mind-blowing” to drive. According to a recent Autocar report, Schäfer shared these insights after test-driving prototypes,…
Nissan Motor Co. is nearing a deal to source electric vehicle (EV) batteries in the U.S. from a joint venture between Ford Motor Co. and South Korea’s SK On, a move aimed at navigating new tariffs and revitalizing EV production.…
Electric vehicle enthusiasts in Europe now have an exciting new option as BYD, China’s leading EV manufacturer, introduced its low-cost Dolphin Surf model in Berlin on May 21, 2025. Marking the company’s tenth model in the region, this compact electric…
In a fiery response to violent attacks on Tesla showrooms in Europe, CEO Elon Musk issued a direct warning to perpetrators and their organizers: “Don’t worry, we are coming for you!” Speaking at the Qatar Economic Forum, Musk condemned the…
LG Energy Solution (LG Ensol) is set to significantly boost production of its next-generation 4680 cylindrical battery, a critical component for Tesla’s electric vehicles (EVs), starting in June or July 2025, reports the Korean newsoutlet Dealsite. This ramp-up at its…
Tesla is gearing up to introduce a limited robotaxi service in Austin, Texas, next month, marking a significant step in the electric vehicle (EV) giant’s push toward autonomous driving. According to a recent Morgan Stanley-Tesla meeting reported by IBD, the…
General Motors (GM) is leading a charge to reverse California’s ambitious electric vehicle (EV) mandate, citing market challenges and misalignment with consumer demand. As the state prepares for a Senate vote as early as this week to revoke its emissions…
Volkswagen’s shareholders intensified their push for corporate governance reform at the company’s virtual annual general meeting on May 16, 2025, citing conflicts of interest and a lack of board expertise as barriers to the automaker’s success in the electric vehicle…
In a surprising turn for California’s electric vehicle (EV) market, Tesla sales plummeted 21% in the first quarter of 2025 compared to the same period in 2024, while other EV brands saw a 14% rise, according to the California Energy…
Audi has officially confirmed the discontinuation of its Q8 e-tron SUV following the closure of its Brussels factory in February 2025, marking the end of a seven-year run for the electric vehicle (EV) that kickstarted the brand’s modern electric era.…
Electric vehicle (EV) owners may soon turn their cars into income sources while they rest, thanks to a new initiative by ChargeScape. This joint venture, backed by BMW, Ford, Honda, and Nissan, is revolutionizing how EVs interact with the power…
In a surprising shift, Tesla has ended its controversial no-buyout lease policy, originally designed to reclaim vehicles for its planned robotaxi fleet, and instead sold the cars to new buyers. This move, reported by Reuters, marks a significant pivot for…
Mazda has announced plans to adopt Tesla’s North American Charging Standard (NACS) Supercharger system in both the United States and its home market of Japan. This move positions Mazda among the first Japanese automakers to embrace NACS in Japan, following…
On May 14, 2025, U.S. energy officials began investigating Chinese-made solar power inverters after discovering undocumented communication devices, including cellular radios, inside some units, according to Reuters. These inverters, critical for connecting solar panels to the U.S. electricity grid, could…
Subaru is recalibrating its electrification plans as looming U.S. tariffs, projected to cost the automaker $2.5 billion this fiscal year, disrupt its financial outlook and production strategy, according to CEO Atsushi Osaki during a May 14, 2025, news conference. With…
On May 13, 2025, Vermont Governor Phil Scott announced a pause on the state’s electric vehicle (EV) sales requirements, citing significant challenges with infrastructure and technology. This decision aligns Vermont with broader concerns about the feasibility of zero-emission vehicle rules,…
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.…
Polestar, the Swedish electric vehicle (EV) manufacturer, has named Rick Bryant as its new Head of North America, effective May 12, 2025, as the company aims to capitalize on its recent sales surge. Bryant’s appointment, announced in a company statement,…
Bollinger Motors, a Michigan-based electric vehicle (EV) startup focused on commercial trucks, has been placed into receivership following a court ruling, signaling severe financial distress for the company that raised $148 million but produced only 40 trucks. According to Automotive…
Hyundai Motor Group has postponed the launch of its $730 million hypercasting facility in Ulsan, South Korea, from 2026 to potentially 2028, driven by softening global electric vehicle (EV) demand and a 25% U.S. tariff on imported vehicles, according to…
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…
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