Han, Seal, Seagull, Yangwang, Denza — and the export machine reshaping the global market. The world’s largest EV maker, watched closely.
Chinese electric vehicle giant BYD and metals group Tsingshan have scrapped their plans to build lithium cathode plants in Chile, a move that could ripple through the electric vehicle (EV) battery supply chain, according to Chile’s economic development agency Corfo. Announced on May 7, 2025, the decision highlights the challenges of securing stable lithium supplies…
Nissan Motor Co. has halted its $1.1 billion plan to construct an electric vehicle (EV) battery plant in Kitakyushu, Japan, as the company shifts focus to financial recovery amid a projected record net loss. Announced on May 9, 2025, this decision underscores Nissan’s broader restructuring strategy under new CEO Ivan Espinosa, impacting its EV production…
Tesla’s Director of Battery Technology and Powertrain Architecture, Vineet Mehta, announced his departure from the company after 18 years, marking the end of a pivotal era for Tesla’s electric vehicle (EV) advancements. Mehta, who joined Tesla in 2007, shared his exit on LinkedIn, reflecting on his role in shaping the company’s battery and powertrain roadmap…
Chinese electric vehicle (EV) giant BYD is setting its sights on global expansion, aiming for half of its sales to come from outside China by 2030, according to a recent report from CNEVPost. The company plans to drive growth primarily through Europe and Latin America, positioning itself to compete with the world’s largest automakers. BYD’s…
Tesla’s Model Y deliveries in Australia hit a record low of 280 units in April 2025, down 76% year-on-year, marking the brand’s weakest month in nearly three years, according to Drive. The updated 2025 Model Y, codenamed Juniper, launched in May, sparking renewed interest with a record week of test drives and near-sold-out Launch Series…
On May 6, 2025, Tesla launched a more affordable version of its popular Model Y, pricing the long-range rear-wheel drive variant at $44,990, which drops to $37,490 after a $7,500 federal tax credit. This move, reported by Reuters, aims to boost sales amid a 13% quarterly sales drop—the weakest in nearly three years—driven by rising…
In a striking shift, Tesla’s battery storage division in Australia generated more revenue than its electric vehicle (EV) sales in 2024, highlighting the growing role of energy storage in the company’s portfolio. According to Tesla Motors Australia’s annual report filed with the Australian Securities and Exchange Commission, total revenue reached $5.1 billion, with battery storage…
Legendary investor Bill Miller recently shared his insights on the electric vehicle (EV) market, stating that Tesla’s current valuation doesn’t justify its price while praising BYD’s advancements in self-driving technology. In a MarketWatch report, Miller, known for beating the S&P 500 for 15 consecutive years, highlighted why he’s cautious about Tesla and optimistic about competitors…
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