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Lucid Pushes for EV Tax Credit Extension to Boost Small Brands Through 2026
Lucid

Lucid Pushes for EV Tax Credit Extension to Boost Small Brands Through 2026

Lucid Motors is advocating for the $7,500 EV tax credit to remain in place for emerging automakers through 2026, arguing it levels the playing field against established brands. Interim CEO Marc Winterhoff emphasized fairness, noting that legacy manufacturers have long benefited from the incentive. This comes as Lucid ramps up production of its new Gravity…

Tesla

Senate Blocks Republican Push to Reverse Biden’s EV Emission Rules

The U.S. Senate parliamentarian has dealt a significant blow to Republican efforts to undo landmark electric vehicle (EV) emission regulations set by the Biden administration. On Friday, June 20, 2025, the parliamentarian ruled that overturning these rules requires 60 votes in the 100-seat chamber, a higher threshold than the simple majority needed for other parts…

Rivian, Lucid Poised to Gain as Trump Tax Bill Ends EV Credits
R1T

Rivian Unveils Exciting 2025 R1T and R1S Lease Deals for EV Enthusiasts

Rivian is sparking interest with a series of compelling lease offers for the 2025 R1T and R1S, catering to electric vehicle enthusiasts and adventure seekers. Announced as of June 20, 2025, these promotions highlight the brand’s push to make its high-performance electric trucks and SUVs more accessible. Detailed on Rivian’s official promotions page, the deals…

VinFast's Second-Quarter Loss Deepens Amid Aggressive Expansion
California

VinFast Opens First California Dealership, Signals EV Market Expansion

EV enthusiasts have a new reason to get excited as VinFast, Vietnam’s emerging electric vehicle (EV) maker, launches its first dealership in San Diego, California. The move, announced on Wednesday, marks a strategic shift for the company, backed by Vietnam’s largest conglomerate, Vingroup (VICHM). This dealership opening, set to begin operations this month, reflects VinFast’s…

Tesla

Electric Vehicles Set for Record Year as U.S. Adoption Slows, China Leads the Charge

Electric vehicle (EV) sales are poised to hit a new global record in 2025, with plug-in electric vehicles expected to account for one in four new passenger vehicles sold worldwide, according to the latest BloombergNEF Electric Vehicle Outlook. However, the U.S. market faces a slowdown as policy shifts and rising costs challenge adoption, while China…

Tesla

Senate Republicans Move to End $7,500 EV Tax Credit, Impacting EV Owners and Industry

On June 16, 2025, U.S. Senate Republicans introduced a bold proposal to terminate the $7,500 tax credit for new electric vehicle (EV) purchases, shaking up the landscape for EV owners and manufacturers. The plan, detailed in a Reuters report, aims to eliminate this incentive 180 days after the measure becomes law, while immediately ending credits…

Tesla Chair Robyn Denholm Sells $32M in Stock Amid EV Giant’s Turbulent Times
Tesla

How Elon Musk’s Tesla Robotics Vision Transforms the EV Industry

Elon Musk is steering Tesla toward a bold new future, shifting the company’s focus from electric vehicles (EVs) to robotics, with a potential rollout of driverless cars as early as this month in Austin, Texas. This pivot, detailed in a recent Wall Street Journal article, marks a significant evolution for Tesla, which began nearly 22…

Tesla

Trump Signs Bill Blocking California’s 2025 Gas Car Ban, Impacting EV Future

President Donald Trump has signed legislation that halts California’s ambitious plan to phase out gas-powered car sales by 2035, marking a significant shift in the state’s electric vehicle (EV) landscape. Reported by Axios, this move revokes Environmental Protection Agency (EPA) waivers that allowed California to set its own air quality standards, including the EV mandate.…

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