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Auto retailers, including giants like CarMax and Carvana, are pressing the Senate to maintain electric vehicle (EV) tax credits in the upcoming budget bill, warning that their abrupt removal could destabilize dealerships heavily invested in EV infrastructure. A June 26 letter from retailers highlights the economic risks of slashing incentives critical to EV adoption, according…
On June 29, 2010, Tesla debuted on the Nasdaq with its electric Roadster, a two-seat sportscar offering a 236-mile range, marking the start of a transformative journey. Fifteen years later, Tesla’s stock has surged nearly 300-fold, turning a $10,000 investment into nearly $3 million, while the company’s market cap now exceeds $1 trillion, making it…
In a move highlighting the tension between Republican fiscal priorities and local economic benefits, Rep. Nancy Mace (R-South Carolina) has privately urged the Trump administration to release $285 million in federal funding for a Mercedes-Benz Vans plant northwest of Charleston to shift to electric vehicle (EV) production. The funds, part of a $1.8 billion grant…
On June 29, 2025, Vietnamese electric vehicle (EV) manufacturer VinFast began production at its new Ha Tinh factory, a strategic move to scale up output of affordable mini urban models amid global expansion challenges. The facility, spanning 90 acres, aims to produce 200,000 vehicles annually, complementing the company’s flagship Haiphong plant, which targets 950,000 units…
Tesla is poised to report a 10% year-over-year drop in second-quarter vehicle deliveries, with analysts projecting around 400,000 units by June 2025, down from 440,000 last year, according to Visible Alpha estimates. The electric vehicle (EV) leader faces headwinds from consumer pushback against CEO Elon Musk’s political ties, but analysts reportedly hint at a potential…
In a game-changer for electric vehicle (EV) drivers, Tesla’s expansive Supercharger network is now accessible to GM and Ford EVs, offering unmatched reliability and convenience. At a sprawling 76-stall Tesla Supercharger site at Tejon Outlets in Southern California, a recent observation revealed a Honda Prologue, Ford Mustang Mach-E, and GMC Sierra Denali EV charging alongside…
Peter Rawlinson, a trailblazing British engineer and Autocar’s 2025 Sturmey Award winner, is reshaping the electric vehicle (EV) landscape with his vision for efficiency at Lucid Motors. As the mastermind behind the Tesla Model S and Lucid Air, Rawlinson champions smaller, lighter batteries to deliver long-range, high-performance EVs, setting a new standard for the industry.…
BMW is gearing up to rival the Tesla Model 3 with its next-generation i3, a sleek sedan built on the innovative Neue Klasse platform, slated for a 2027 launch. According to recent reports, the i3 will offer an impressive range of up to 560 miles and a performance-focused M60 xDrive trim boasting 630 horsepower, positioning…
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