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Tesla Opens Second Chile Store As BYD Dominates South American EV Market
Tesla

Tesla Opens Second Chile Store As BYD Dominates South American EV Market

Tesla has opened its second retail location in Chile, expanding its South American presence nine months after entering the market, according to a post by Tesla Chile Sales Advisor Francisco Taladriz on October 26, 2025. The new store at Alto Las Condes shopping center in Santiago marks Tesla’s continued push into a region where Chinese…

China

EU Launches RESourceEU Plan To Break China’s Stranglehold On EV Motor Magnets

The European Union announced a comprehensive strategy to slash its dangerous dependence on Chinese rare earth materials just 16 days after Beijing imposed sweeping export restrictions that threaten to choke European electric vehicle production. European Commission President Ursula von der Leyen unveiled RESourceEU on Saturday at a conference in Berlin, calling China’s October 9 export…

Gotion Abandons $2.4 Billion Michigan Battery Plant After Three Years Of Political Warfare
Michigan

Gotion Abandons $2.4 Billion Michigan Battery Plant After Three Years Of Political Warfare

A Chinese battery giant’s plans to build a massive Michigan manufacturing plant have officially collapsed, with the state now demanding millions back after years of grassroots opposition, Chinese ownership controversies, and Trump administration policy shifts killed what was once touted as Northern Michigan’s largest economic project ever. Gotion Inc. abandoned its $2.4 billion electric vehicle…

Chinese Automaker Claims 808-Mile EV Range With Breakthrough Solid-State Battery
Semi

Chinese Automaker Claims 808-Mile EV Range With Breakthrough Solid-State Battery

Chinese automaker Chery has unveiled a solid-state battery prototype claiming 600 watt-hours per kilogram of energy density—nearly double current lithium-ion technology—that could enable electric vehicles to travel up to 808 miles on a single charge. The announcement positions China’s leading auto exporter ahead of Western rivals in the race to commercialize next-generation battery technology by…

Rivian Spins Out $1B E-Bike and AI Startups to Fund Tech with VC Cash
Rivian

Read Rivian CEO’s Memo On 600+ Layoffs: What He Said—And What He Didn’t

Rivian CEO RJ Scaringe sent an internal memo to employees Thursday announcing the company’s third workforce reduction in four months, cutting roughly 600 jobs as the electric vehicle maker struggles with collapsed post-tax-credit demand. The carefully worded message emphasized “structural adjustments” for the upcoming R2 launch while conspicuously avoiding the financial crisis threatening the comp

Ford F-150 Lightning Outpaces Tesla Cybertruck in Q1 2025 EV Pickup Race
Ford

Ford Takes $2 Billion Hit From Supplier Fire as EV Losses Mount to $1.4 Billion

Ford Motor Company expects a profit hit of up to $2 billion after a devastating fire at its key aluminum supplier, overshadowing third-quarter financial results that exceeded Wall Street expectations. The automaker slashed its full-year earnings guidance by up to 41% while its electric vehicle division continues bleeding over $1 billion per quarter. For EV…

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