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Tariffs, tax credits, mandates and regulators — the rules that shape the EV market.

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Geely Ships Lotus EVs To Canada In July While The US Bans Its Polestar Twin
Lotus

Geely Ships Lotus EVs To Canada In July While The US Bans Its Polestar Twin

Geely will ship its first Lotus electric vehicles to Canada in July, with a delivery ceremony planned in Montreal, China’s ambassador to Canada Wang Di told Reuters on Friday, June 26. The Lotus Eletre SUVs are the first Chinese-owned and Chinese-built cars sold to Canadian buyers under the quota Prime Minister Mark Carney agreed with…

Volkswagen Faces Tough Choices: Plant Closures and Job Cuts Loom
Volkswagen

Volkswagen Weighs 100,000 Job Cuts And Four Plant Closures As Its EV Bet Comes Due

Volkswagen is considering cutting as many as 100,000 jobs and closing four German factories, two people familiar with the matter told Reuters on Friday, June 26, in what would be the largest restructuring in the company’s 89-year history. The plants on the list are Volkswagen‘s sites in Hanover, Zwickau and Emden, plus Audi‘s factory in…

Supercapacitors Charge a Swiss Bus in 15 Seconds. They Will Not Do the Same for Your EV
Tesla

Supercapacitors Charge a Swiss Bus in 15 Seconds. They Will Not Do the Same for Your EV

A headline making the rounds this week promises that supercapacitors could let electric cars charge in 15 seconds. The number is real. The application is not the one the framing implies. That 15-second figure comes from electric transit buses in Switzerland that sip small amounts of energy at fixed stops, not from any passenger EV…

Xiaomi YU7 GT Laps Nürburgring With Nobody Driving, Posting First Autonomous Record
Xiaomi

Xiaomi YU7 GT Laps Nürburgring With Nobody Driving, Posting First Autonomous Record

A Xiaomi YU7 GT circled the Nürburgring Nordschleife with an empty driver’s seat and logged 10 minutes, 29.483 seconds, the first officially timed autonomous lap of the German circuit. Xiaomi set the run on June 8 and announced it on June 22, releasing onboard video that shows the steering wheel turning itself through the corners…

Morgan Stanley Downgrades Lucid, Rivian to Sell, Warns of 'EV Winter' Into 2026
Lucid

Lucid Cuts 18% Of US Workforce, Eliminates COO Role In Napoli’s First Major Move

Lucid Group cut roughly 18% of its U.S. workforce on Monday, its second mass layoff in four months, and eliminated the chief operating officer position. The move removes Marc Winterhoff, who ran Lucid as interim chief executive for more than a year. It is the first major operational decision from Silvio Napoli, the former Schindler…

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