European Automakers and Suppliers Unite to Build Open-Source Software Platform for EVs
Volkswagen, BMW, Mercedes-Benz, and eight technology suppliers, signed a memorandum to develop a shared automotive software platform
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Volkswagen, BMW, Mercedes-Benz, and eight technology suppliers, signed a memorandum to develop a shared automotive software platform
Land Rover is gearing up to disrupt the luxury electric vehicle (EV) market with the launch of a rugged, entry-level Defender SUV, blending its iconic off-road heritage with cutting-edge electric technology. According to a recent article from AutoWeek, the British automaker plans to introduce its first fully electric SUV in the near future, targeting a…
Tesla has launched refreshed versions of its flagship Model S and Model X electric vehicles, introducing subtle design tweaks, enhanced technology, and a $5,000 price increase across all trims. Announced on June 12, 2025, these updates aim to refine the driving experience, though some enthusiasts question whether the changes justify the higher cost. Pricing and…
China’s tightened export controls on rare-earth minerals, critical for electric vehicle (EV) production, have sent automakers and suppliers into a frenzy, with some factories facing potential shutdowns by mid-July 2025. Reuters reports that the restrictions, targeting elements like gallium and germanium, are disrupting global supply chains, forcing the EV industry to seek urgent alternatives. Supp
AESC, a Japanese battery manufacturer, has paused construction on its $1.6 billion factory in Florence, South Carolina, designed to supply batteries for BMW’s electric vehicles (EVs). The decision, stems from uncertainties in federal EV policies and potential tariff changes under President Donald Trump’s administration, raising concerns for the EV industry’s growth in the U.S. reports…
A recent Forbes report reveals growing discontent among Tesla’s major shareholders, with pension funds and state officials urging the electric vehicle (EV) giant’s board to replace CEO Elon Musk. A consumer sentiment survey highlights that 51% of EV-curious adults view Tesla more favorably if Musk were replaced, prompting calls for better governance to protect the…
Germany’s latest proposal to encourage businesses to adopt electric vehicles (EVs) through a tax break has been met with skepticism by the auto industry, potentially slowing the transition to cleaner transportation. According to a Bloomberg report, the plan, which allows companies to deduct 75% of EV purchase taxes in the year of acquisition, is seen…
Huawei Technologies Co., in collaboration with Anhui Jianghuai Automobile Group Corp. (JAC), has unveiled the Maextro S800, a luxury electric sedan priced at 1.02 million yuan ($141,637), targeting China’s high-end EV market. Announced in Shenzhen on May 30, 2025, this launch positions Huawei as a formidable competitor to established luxury brands like Mercedes-Benz and Bentley,…
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