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F-150 Lightning

Trump’s “Big Beautiful Bill” Overhauls EV Incentives and ZEV Credits: Impacts for Owners and Industry

President Trump’s “Big Beautiful Bill,” slated for signing in the coming days, delivers a seismic shift to electric vehicle (EV) incentives, Zero-Emission Vehicle (ZEV) credit systems, and clean energy policies. This legislation, detailed by EV industry analyst Sawyer Merritt, reshapes the landscape for EV owners, automakers, and enthusiasts, balancing new opportunities with significant challenges

Tesla

Xiaomi’s Bold Plan to Take Its Electric SUVs Global by 2027 Challenges Tesla

Xiaomi, the Chinese tech giant known for smartphones, is accelerating its electric vehicle (EV) ambitions with plans to sell its YU7 SUV globally by 2027, posing a direct threat to Tesla’s Model Y. The company’s automotive division secured 200,000 orders in just three minutes for the YU7 in late June, signaling strong demand in China,…

BMW

BMW EV Sales Plummet 21.2% in Q2 2025 as North American Demand Shifts

BMW’s electric vehicle (EV) sales in North America took a significant hit in Q2 2025, dropping 21.2% compared to the same period in 2024, despite a modest 1.6% overall sales increase for the brand in the first half of the year. This decline, reported by BMW of North America, highlights shifting consumer preferences and challenges…

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

VinFast Secures $510 Million Loan to Boost Electric Vehicle Expansion

VinFast Auto Ltd., a Vietnamese electric vehicle (EV) manufacturer, has secured a $510 million private credit loan from Deutsche Bank AG and SeaTown Holdings International to fuel its ambitious global expansion, reports Bloomberg. This financial boost, announced on July 4, 2025, supports VinFast’s mission to compete in the fiercely competitive EV market, where price wars…

Tesla

Tesla Celebrates Fourth of July with Patriotic Drone Display and Veteran Support

On July 4, 2025, Tesla North America showcased its commitment to American innovation with a stunning aerial display of electric vehicles (EVs) arranged to form the U.S. flag, captured via drone footage. The image, shared on X by Tesla North America, highlights the company’s pride in its domestic manufacturing and support for veterans, aligning with…

Hybrids Take Lead as Electric Vehicle Sales Plummet in California—A Wake-Up Call for EV Industry
Tesla

Tesla Sales Rebound in UK with 3.7% June Growth Amid EV Market Surge

In June 2025, Tesla’s UK sales climbed 3.7% to 7,700 vehicles, a modest recovery after a sluggish first half, according to data from the Society of Motor Manufacturers and Traders (SMMT). This uptick follows a 1.3% year-to-date decline, with 22,700 Tesla vehicles registered in the UK through June. The broader electric vehicle (EV) market also…

China

China’s EV Overcapacity Challenges Thailand’s Electric Vehicle Production Goals

Thailand’s ambitious plan to become a regional hub for electric vehicle (EV) production is under strain as China’s hyper-competitive EV market spills over, threatening smaller brands and local goals, reports Reuters. With Chinese EV makers dominating over 70% of Thailand’s EV market, the intense rivalry and price wars are testing the country’s strategy to have…

Stellantis Posts €20 Billion Net Loss as CEO Filosa Promises Profitability Return That Won't Arrive Until 2027
Fiat

Stellantis Launches $20,000 Hybrid Fiat 500 to Boost Italian Production

Stellantis is set to launch a new hybrid Fiat 500 in November 2025, priced at $20,000 (17,000 euros), aiming to revitalize its struggling Italian manufacturing, according to Fiat’s CEO Olivier Francois. The move comes as the automaker grapples with a 46% drop in Italian car production in 2024, hitting a historic low since 1956, driven…

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