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Tesla Spain Sales Drop 8.75% in November While EV Market Doubles - Hybrids Take Lead as Electric Vehicle Sales Plummet in California—A Wake-Up Call for EV Industry
BYD

Tesla Bets Its Future on Aging Models While BYD Launches Cars Twice as Fast

Reuters analysis reveals Tesla is taking an unprecedented gamble in the automotive industry: staking its entire car business on models designed between 2017 and 2020 while Chinese EV makers like BYD slash development cycles to two years or less. Industry experts warn this aging product lineup threatens Tesla’s market position as competitors flood showrooms with…

Rivian’s $120M Supplier Park in Illinois Signals EV Production Boom by 2026
Rivian

Rivian Slashes 600 Jobs as Trump’s EV Policy Upends Industry

Rivian Automotive is laying off approximately 600 employees—roughly 4.5% of its workforce—as the electric vehicle maker faces mounting pressure from the September 30 expiration of federal EV tax credits and a broader slowdown in EV demand. The layoffs, first reported by The Wall Street Journal, mark the third workforce reduction in just four months for…

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…

GM Announces Eyes-Off Driving For Cadillac Escalade IQ In 2028, Pivoting From Failed $10 Billion Robotaxi Venture
Cadillac

GM Announces Eyes-Off Driving For Cadillac Escalade IQ In 2028, Pivoting From Failed $10 Billion Robotaxi Venture

General Motors unveiled plans today to bring eyes-off autonomous driving to the Cadillac Escalade IQ electric SUV by 2028, marking a dramatic strategic shift after shutting down its $10 billion Cruise robotaxi business. The announcement positions GM to compete directly with Tesla’s Full Self-Driving technology as the American EV market struggles following the expiration of…

Tesla Q3 Earnings: Record Deliveries Hide Looming Post-Tax Credit Reality
Tesla

Tesla Q3 Earnings: Record Deliveries Hide Looming Post-Tax Credit Reality

Tesla is poised to beat Wall Street expectations when it reports third-quarter earnings Wednesday, riding record vehicle deliveries and energy storage deployment. But for EV enthusiasts watching the company’s trajectory, the real story isn’t the numbers—it’s what comes next. The electric vehicle maker delivered 497,099 vehicles in Q3, crushing analyst estimates and marking one of…

Polestar

Polestar Recalls Nearly 28,000 Polestar 2 EVs for Rearview Camera Glitch

Polestar is recalling 27,816 Polestar 2 vehicles in the United States due to a software issue that can cause the rearview camera to fail, increasing the risk of a crash. The recall, announced by the U.S. National Highway Traffic Safety Administration (NHTSA), affects certain 2021-2025 models. The problem lies in a software glitch within the…

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