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Jul 19
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Tesla's Major Recall Over 2 Million Vehicles for Autopilot Safety Upgrade Model 3 Performance
Tesla

Tesla’s $1 Billion Buffalo Boondoggle Hits New Snag After Musk Kills AI Project

New York State officials are frustrated with Tesla after two years of lease renegotiations for the taxpayer-funded Buffalo factory hit another wall when Elon Musk abruptly killed the AI supercomputer project that was central to the pending deal. The state built the sprawling facility for nearly $1 billion and rents it to Tesla for just…

EU Plans December Announcement For Affordable Small EVs To Counter Chinese Competition
F-150 Lightning

UK Extends EV Subsidies While Planning Mileage Tax to Recover Lost Fuel Revenue

Britain’s government unveiled a £1.3 billion ($1.7 billion) extension of electric vehicle purchase subsidies on Friday, just hours before confirming plans to impose a per-mile tax on EV drivers starting in 2028—a policy contradiction that exposes the fundamental revenue crisis governments face as electrification eliminates fuel duty income. Chancellor Rachel Reeves will announce the subsidy…

BMW iX3 Shatters Range Expectations With 626-Mile Real-World Test Drive
F-150 Lightning

EV Sales Surge Masks Manufacturing Collapse As Q3 Data Reveals Subsidy Cliff Reality

US clean-energy investments hit a record $75 billion in the third quarter of 2025, driven almost entirely by consumers scrambling to buy electric vehicles before federal tax credits expired on September 30, according to new data from Rhodium Group and MIT. But the headline number conceals a brutal truth: EV manufacturing investments collapsed 30% compared…

Tesla's Charging Empire Might Expand with Hyundai
Tesla

Tesla Faces New Fatal Door Handle Lawsuit After Washington State Crash

A new wrongful death lawsuit filed against Tesla Inc. highlights the ongoing safety crisis surrounding the company’s electronic door handle design, alleging that a couple became trapped in their burning Model 3 after a January 2023 crash in Washington state left one dead and the other seriously injured. The lawsuit, filed Friday in U.S. District…

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

VinFast Losses Nearly Double to $911M as Premium EV Strategy Collapses Against Chinese Competition

Vietnamese EV maker VinFast reported staggering third-quarter losses of $910.85 million, nearly double the $503 million lost in the same period last year, as the company’s premium pricing strategy crumbles under pressure from cost-efficient Chinese competitors. Despite achieving 47% revenue growth, VinFast’s gross margins deteriorated to negative 56.2%, meaning the company loses more than half…

Tesla

Tesla Expands Direct Rentals to 5 Cities: $60/Day Includes FSD & Supercharging

Tesla is aggressively expanding its direct rental program beyond California, launching a $60/day service in five major U.S. cities to combat post-subsidy sales slumps. Tesla isn’t just selling cars anymore—it’s renting them directly to you for less than the cost of a standard rental car. Following a quiet pilot in California, the automaker is rapidly…

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

Lucid Launches $79,900 Gravity Touring: A Price Drop That Missed The Tax Credit

Lucid Motors just dropped the price of its critical SUV to under $80,000, but for buyers hoping for a federal subsidy, the timing couldn’t be worse. Lucid Group (NASDAQ: LCID) officially launched the Lucid Gravity Touring on Thursday with a starting price of $79,900, a strategic move to broaden the luxury SUV’s appeal as demand…

Maersk Sued Over Collapsed 300-Truck EV Deal As Post-Subsidy Reality Bites
Semi

Maersk Sued Over Collapsed 300-Truck EV Deal As Post-Subsidy Reality Bites

Swedish battery-electric truck startup Einride has sued Danish logistics giant Maersk over a collapsed deployment deal that was supposed to put 300 zero-emission trucks on American roads but instead became the latest casualty of the post-subsidy EV market collapse. The lawsuit reveals a corporate sustainability commitment unraveling in real time. The Deal That Wasn’t Einride…

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