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

France Demands EU Flexibility As Stellantis Shuts Plants And 350,000 Jobs Hang In Balance

France is pushing the European Union to adopt “flexibility” in implementing stricter CO2 emissions rules for new vehicles, signaling support for its struggling domestic automakers as plant shutdowns and job losses mount. The timing is critical: France’s Finance Ministry announced Thursday that the country wants “technological neutrality” while maintaining the 2035 combustion engine ban, just…

Porsche Macan EV Charges Ahead with Impressive EPA Range and Cutting-Edge Tech
Porsche

Porsche Posts First-Ever Quarterly Loss: $1.1 Billion Wipeout Signals EV Strategy Collapse

Porsche AG just posted the most humiliating quarter in its 77-year history—a €967 million ($1.1 billion) operating loss that marks the luxury automaker’s first quarterly loss since going public in 2022. According to Bloomberg, the sports car manufacturer is hemorrhaging cash as it scrambles to unwind an expensive electric vehicle strategy that spectacularly backfired against…

Chinese Automaker Claims 48% Thermal Efficiency Engine, Surpassing Toyota’s Hybrid Tech
Toyota

Chinese Automaker Claims 48% Thermal Efficiency Engine, Surpassing Toyota’s Hybrid Tech

Omoda & Jaecoo, the export brands of Chinese automotive giant Chery Group, unveiled plans for an internal combustion engine achieving 48% thermal efficiency at their International User Summit in October 2025. If realized, this would dramatically outpace the industry standard and even exceed Toyota’s class-leading hybrid powertrains. The announcement signals that while the world races…

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

Rivian Spinoff Also Unveils $4,500 Pedal-By-Wire E-Bike and Lands Amazon Delivery Partnership

Rivian‘s micromobility spinoff Also unveiled its first electric bike today alongside a major commercial partnership with Amazon, marking the EV maker’s expansion into urban transportation solutions for trips under 15 miles. Also announced the TM-B electric bike at an event in Oakland on October 22, launching a modular platform that applies Rivian’s software-first approach to…

Uber Launches $4,000 EV Grants For Drivers As Federal Tax Credit Expires
Tesla

Uber Launches $4,000 EV Grants For Drivers As Federal Tax Credit Expires

Uber is launching a $4,000 grant program for drivers purchasing electric vehicles in select states, stepping in just as the federal EV tax credit vanished from the market. The ride-hailing giant announced Wednesday it’s rebranding “Uber Green” to “Uber Electric” while rolling out its Go Electric grants to drivers in California, New York, Colorado, and…

Porsche Macan EV Charges Ahead with Impressive EPA Range and Cutting-Edge Tech
Porsche

Porsche Pumps Brakes on EV Rollout, Prioritizes Hybrids Amid Market Shift

Porsche is significantly altering its electric vehicle strategy, delaying the launch of some all-electric models and re-emphasizing combustion and hybrid powertrains in response to a cooling EV market and other economic pressures. The move, which includes a substantial cut to its profit forecast accorsing to the WSJ, signals a major recalibration for the iconic German…

Tesla

Tesla Door Design Hampered by Power-Failure Risks, Hidden Manual Releases

Tesla’s electric door and flush-handle systems are raising safety concerns after several crashes in which occupants and rescuers could not exit or access vehicles when power failed, according to Bloomberg. The technology trade-off threatens both user safety and regulatory scrutiny. Sleek Design, Hidden Risks Tesla’s flush exterior handles and electrically actuated door systems were designed…

Porsche CEO Michael Leiters reveals a 98% profit drop in 2025 annual results. Explore how €4.7 billion in EV writedowns, U.S. tariffs, and a China sales slump are forcing a high-margin pivot back to combustion and hybrid flexibility. - Porsche Macan EV Charges Ahead with Impressive EPA Range and Cutting-Edge Tech
Porsche

Porsche halts Cellforce battery production amid slower demand, shifts unit to R&D

Porsche is ending in-house battery cell production at its Cellforce subsidiary and converting the unit into a dedicated R&D operation, citing insufficient volumes, lack of economies of scale, and tougher conditions in the U.S. and China. Roughly 200 of 286 jobs at the Kirchentellinsfurt site are expected to be cut, with some potentially absorbed by…

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