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JPMorgan’s global automotive research chief, Jose Asumendi, took a ride in Tesla’s freshly deployed Robotaxi in Austin and reported the trip was “certainly solid and felt like a safe ride at all times.” The comment, posted by Sawyer Merritt on X, gives the autonomous Cybercab its first big bank-grade thumbs-up. While the vehicle still operates…
Tesla’s profits have long leaned on the sale of regulatory credits, but a quick turn in American policy may soon curb that cash flow and unbalance the company’s balance sheet. According to Reuters, the latest measures pushed by the Trump administration will abolish fines tied to the National Highway Traffic Safety Administration’s Corporate Average Fuel…
Mercedes-Benz has announced a temporary halt to production of its EQE and EQS electric vehicle models in the U.S., a move that underscores growing challenges for the EV sector as federal incentives are poised to vanish. This decision arrives just ahead of the September 30 expiration of tax credits under the Biden administration, potentially signaling…
As electric vehicle sales falter, major battery manufacturers are shifting focus to a booming market in large-scale energy storage systems, offering a potential buffer against losses in the automotive sector. This strategic pivot helps utilize underused factories and taps into rising demand from utilities and data centers, according to a recent analysis from the WSJ.…
The European Union advances its green agenda as the Commission drafts rules that would require car-rental companies and large corporations to purchase only electric vehicles for their fleets from 2030 onward. This initiative, reported by German newspaper Bild, accelerates the bloc’s shift away from combustion engines and targets a significant portion of the new car…
Tesla has introduced a compelling lease deal for the 2025 Model S All-Wheel Drive this July, making the flagship electric sedan more accessible amid its recent efficiency updates. This move highlights the vehicle’s enduring appeal in the luxury EV market, where it continues to stand out for range and performance. For full details, visit the…
Chinese electric vehicle manufacturers Neta and Zeekr have come under scrutiny for artificially boosting sales figures by insuring vehicles before actual buyer purchases, allowing them to meet aggressive targets amid fierce market competition. This revelation, detailed in a Reuters investigation, highlights ongoing challenges in China’s EV sector, where overcapacity and price wars pressure compani
Subaru unveiled the 2026 Uncharted EV in New York City, introducing the brand’s first front-wheel-drive model since 1996 amid a shifting electric vehicle market. This launch responds to volatile tariffs and fading consumer incentives, delivering a budget-friendly electric crossover with strong range credentials. Subaru frames the Uncharted as a rival to the Hyundai Kona EV…
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