F-150 Lightning, Mustang Mach-E, and the Skunkworks platform — Dearborn’s electric bet, tracked.
In a surprising turn of events, Automotive Energy Supply Corp. (AESC), a Chinese-owned battery manufacturer, has halted work on a $2 billion electric vehicle (EV) battery plant in Bowling Green, Kentucky, leaving behind a massive metal shell and unfulfilled promises of 2,000 jobs. The project, which began with a groundbreaking ceremony in August 2022, reflects…
Tesla has extended its highly sought-after 1.99% APR financing promotion for the new Model Y All-Wheel Drive (AWD) in the U.S., pushing the deadline from June 16 to June 30, 2025. This move offers electric vehicle (EV) enthusiasts and potential buyers a rare opportunity to secure affordable financing on one of the market’s leading electric…
A new survey from Shell highlights a surprising decline in drivers’ enthusiasm for electric vehicles (EVs), with Europe showing a sharper drop than the United States. Conducted among 15,000 drivers worldwide, including key markets like Britain, China, Germany, and the U.S., the study, published on Tuesday, reveals that cost remains the biggest hurdle to EV…
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’s Model Y is staging a remarkable comeback, with CEO Elon Musk announcing a “major rebound in demand” during a recent interview on CNBC. This resurgence follows a challenging first quarter marked by a global factory changeover and production shutdowns. As the electric vehicle (EV) industry watches closely, new sales data and the upcoming Robotaxi…
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.…
A senior executive at BYD Co. has raised concerns about the electric vehicle (EV) price war in China, calling it unsustainable and hinting at a potential shift in strategy. In an interview with Bloomberg News, Executive Vice President Stella Li described the competition as “very extreme, tough competition,” noting it’s not sustainable. This comes as…
BYD, the Chinese electric vehicle (EV) giant that recently surpassed Tesla as the world’s largest EV maker, is reportedly set to transform the European EV landscape with its new 5-minute flash chargers. Announced by BYD’s executive vice president Stella Li to journalists in Brussels last week, these ultra-rapid chargers will roll out across Europe within…
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