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Stellantis Posts €20 Billion Net Loss as CEO Filosa Promises Profitability Return That Won't Arrive Until 2027
Tesla

Italy and Czech Republic Challenge EU’s 2035 ICE Ban, Seek Earlier Review

Italy is leading a renewed push to revise the European Union’s landmark 2035 combustion engine ban, gaining support from the Czech Republic in calling for a broader approach to vehicle technologies beyond pure electric solutions. According to a Bloomberg News report, the two nations are advocating for an acceleration of the European Commission’s planned review,…

Volvo Speeds Up US Launch of EX30 Electric SUV, Now Coming in 2024
Volvo

Volvo Speeds Up US Launch of EX30 Electric SUV, Now Coming in 2024

The Swedish automaker has reversed its earlier decision to delay the US launch of its subcompact electric SUV, the EX30, announcing that initial deliveries will begin before the end of 2024, according to Car and Driver. Performance Model Takes the Lead Volvo’s focusing on the Twin Motor Performance variant first, which packs some serious punch.…

Tesla's Reengineered Model 3 Shows Off Its Whisper-Quiet Cabin
Model 3

Tesla’s Reengineered Model 3 Shows Off Its Whisper-Quiet Cabin

Tesla’s latest social media campaign puts the spotlight on one of the reengineered Model 3’s most impressive features – its ultra-quiet cabin. Double-Paned Glass Makes a World of Difference The Highland update of the Model 3 comes with double-paned glass on all windows, a significant upgrade from the previous generation which only had double-paned glass…

China's EV Trade Tussle: A Rocky Road Ahead in Europe
Tesla

EU Trade Chief: Chinese EV Price Agreements Must Match Tariff Effectiveness

The likely future EU trade chief stressed that any minimum price agreements with Chinese EV manufacturers must be as robust as the recently imposed tariffs, according to a Reuters report. New Tariffs Spark Negotiations The EU recently slapped hefty tariffs of up to 45.3% on Chinese-built electric vehicles, but that hasn’t stopped negotiations for alternative…

Nio ET7 Electric Vehicle EV
NIO

Nio Plans First Hybrid Vehicle for International Markets, Skipping China

Chinese EV maker Nio is branching out into hybrids, with plans to launch its first hybrid model in 2026 exclusively for overseas markets. The surprising move comes as the company adapts to challenges in international markets, according to a Reuters report. Strategic Shift Driven by Middle Eastern Investment The hybrid vehicle, to be sold under…

BYD Crusade Against Online Defamation
BYD

China’s EV Market Surges as BYD Hits Record-Breaking Half Million Deliveries

Chinese electric vehicle stocks saw significant gains after industry leader BYD posted extraordinary October delivery numbers, backed by strong government incentives driving the sector’s growth, reports Bloomberg. Record-Breaking Performance BYD’s shares surged up to 5.6% in Hong Kong trading on Monday, following the announcement of their groundbreaking achievement – delivering over half a million

Chinese EV Makers Defy EU Tariffs at Paris Auto Show
Tesla

EU Takes Bold Stand Against Chinese EVs with New Tariffs, Reshaping Global Market

The European Union has made a decisive move by implementing increased customs duties on Chinese-made electric vehicles, marking a watershed moment in the evolving trade relationship between the EU and China, according to AP News. This decision comes after failed negotiations between the two economic powerhouses. Comprehensive Tariff Structure The EU has implemented a nuanced…

Xiaomi's SU7 Ultra Prototype Demolishes Nürburgring EV Lap Time, Signals New Era
Xiaomi

Xiaomi’s SU7 Ultra Prototype Demolishes Nürburgring EV Lap Time, Signals New Era

In a stunning display of electric performance, smartphone giant Xiaomi’s SU7 Ultra prototype has shattered expectations at the legendary Nürburgring Nordschleife, reportedly completing a lap in just 6 minutes and 48.874 seconds, according to Xiaomi’s official announcement. Breaking Records Before Production The stripped-down prototype, despite lacking a dashboard and sporting a racing steering whe

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