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Jul 22
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Europe

Electric Vehicle Sales Plummet in Europe: A Wake-Up Call?

New car sales in the European Union took a nosedive in August, dropping by 18.3% to their lowest levels in three years. The decline was particularly steep for electric vehicles (EVs), with sales plunging by 43.9%. This marks the fourth consecutive month of falling EV sales, as reported by the European Automobile Manufacturers Association (ACEA).…

Chinese EV Brand Omoda Sets Sights on UK Market, Challenging Tesla and Others
Omoda

Chinese EV Brand Omoda Sets Sights on UK Market, Challenging Tesla and Others

Chinese brand Omoda is making waves in the UK with an aggressive expansion plan, aiming to have 100 dealers by the end of the year. This rapid growth, from zero dealers at the start of the year, is part of a broader trend that’s set to challenge both traditional petrol car makers and EV-only brands…

Jeep's Electrifying Success in Europe: Avenger EV Surges with Over 40,000 Reservations
Stellantis

Stellantis Faces Uphill Battle in Europe’s EV Market

Stellantis, the automotive giant born from the merger of FCA and PSA, is grappling with some serious challenges in the European market. Regulators are pushing for more electric vehicle (EV) sales, but governments are cutting back on incentives, making it tough for automakers to meet emission targets without facing hefty fines. This situation is putting…

China's EV Trade Tussle: A Rocky Road Ahead in Europe
Europe

China’s EV Trade Tussle: A Rocky Road Ahead in Europe

China’s top trade official, Wang Wentao, is on a mission to sway EU trade boss Valdis Dombrovskis and prevent hefty duties on Chinese electric vehicle (EV) imports. However, his whistle-stop tour of European capitals might hit a roadblock in Brussels, as tensions escalate over nearly a year of tit-for-tat trade retaliation. The stakes are high,…

Fiat

Italy’s Prime Minister Slams EU’s 2035 Ban on Fossil Fuel Cars

Italy’s Prime Minister, Giorgia Meloni, has criticized the EU’s ban on the sale of new fossil fuel-powered car engines after 2035, calling it a “self-destructive” policy. In her address to the Italian industrial association Confindustria, Meloni argued that the “forced conversion” to electric vehicles (EVs) could lead to significant job losses and the dismantling of…

GM EV Owners Finally Get Access to Tesla Superchargers
GM

GM EV Owners Finally Get Access to Tesla Superchargers

In a big win for electric vehicle (EV) owners, General Motors (GM) and Tesla have teamed up to open over 17,800 Superchargers in the U.S. and Canada to owners of Chevy, GMC, and Cadillac EVs. This move gives GM EV owners access to one of the most reliable fast-charging networks in the nation, joining Ford…

Ford

Ford May Inadvertently Fund Tesla’s AI Infrastructure Growth

Morgan Stanley’s Adam Jonas has released a new note on Tesla, suggesting an unexpected twist in the EV industry’s emission reduction efforts. Ford’s ZEV credit purchases could potentially finance Tesla’s AI datacenter expansion, raising questions about the irony of carbon reduction strategies in the automotive sector. Morgan’s Stanley’s note was shared on X by Sawyer…

Dodge Charger Daytona EVs: The Muscle Car Goes Electric
Jeep

Dodge Charger Daytona EVs: The Muscle Car Goes Electric

Dodge has officially opened orders for the 2024 Charger Daytona R/T and Scat Pack, marking the brand’s first venture into fully electric vehicles. Expected to hit the market in the fourth quarter of this year, these two-door muscle cars are reportedly priced at $59,595 for the R/T and $73,190 for the Scat Pack, excluding a…

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