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The U.S. House has officially passed President Donald Trump’s “Big Beautiful Bill,” a major budget package that ends the $7,500 EV credit for new car sales, effective September 30, 2025, as reported by Reuters. Signed into law by Trump, this shift will raise costs for EV owners and enthusiasts, marking a significant change for the…
Rivian Automotive, a key player in the electric vehicle (EV) market, reported a significant decline in deliveries for the second quarter of 2025, reflecting broader industry struggles. The company delivered 10,661 vehicles, a 22% drop from the 13,790 vehicles delivered in Q2 2024, according to Reuters. This downturn, coupled with production constraints and looming policy…
China’s electric vehicle (EV) market, the world’s largest, faces a dramatic shakeout, with only 15 of the current 129 EV and plug-in hybrid brands expected to remain financially viable by 2030, reports Reuters. Intense competition, overcapacity, and a brutal price war are forcing consolidation, reshaping the industry’s future, according to a new report from AlixPartners.…
In June 2025, Tesla’s sales in Germany dropped by a staggering 60%, with only 1,860 vehicles sold compared to the previous year, according to the German road traffic agency KBA. Despite a robust 8.6% rise in overall battery electric vehicle (EV) registrations, Tesla’s decline highlights mounting challenges for the U.S. automaker in Europe’s largest car…
On July 1, 2025, a tragic crash on Interstate 805 in Chula Vista, California, claimed the life of a 53-year-old motorcyclist after a Tesla driver allegedly intentionally struck the motorcycle. The incident, which has raised significant concerns about electric vehicle (EV) safety and driver accountability, has led to murder charges against the suspect, highlighting the…
A wave of affordable used electric vehicles (EVs) is flooding the market as leases signed under a 2022 tax loophole begin to mature, offering budget-conscious buyers unprecedented access to EVs. According to Cox Automotive, nearly 1 million EVs were leased from early 2022 through March 2025, driven by incentives that made leasing more attractive than…
On July 2, 2025, Lucid Group, Inc. reported a 38% increase in second-quarter vehicle deliveries, reaching 3,309 electric vehicles (EVs), up from 2,394 in Q2 2024. However, the figures missed Wall Street’s expectations of 3,611 units, reflecting challenges in the luxury EV market as economic pressures push consumers toward cheaper hybrids and gas-powered cars, according…
China’s leading electric vehicle (EV) manufacturer, BYD Co., has paused its plans to build a major production facility in Mexico due to escalating trade tensions fueled by U.S. President Donald Trump’s aggressive tariff policies, according to a Bloomberg report. The decision reflects broader uncertainties in the global EV industry as automakers navigate shifting trade landscapes…
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