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Meanwhile Giga Berlin started to crank out Tesla Model Y vehicles
Germany

Tesla Sales Plummet 60% in Germany as EV Market Grows in June 2025

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…

Morgan Stanley Downgrades Lucid, Rivian to Sell, Warns of 'EV Winter' Into 2026
Lucid

Lucid’s Q2 2025 Deliveries Climb 38% but Fall Short of Expectations Amid EV Market Shifts

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…

BYD Recalls Nearly 97,000 EVs Over Potential Fire Risk
BYD

BYD Halts Mexico EV Plant Plans Amid Trump’s Tariff Threats

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…

Tesla

Tesla’s Q2 2025 Deliveries Drop 14%, Yet Stock Rises on Better-Than-Expected Results

Tesla’s second-quarter 2025 deliveries declined by 14% compared to last year, but the numbers proved less severe than anticipated, boosting the company’s stock price. According to a post on X by Sawyer Merritt on July 2, 2025, Tesla delivered 384,122 vehicles, including 373,728 Model 3 and Model Y units, and 10,394 other models like the…

Mustang Mach-E

Ford’s EV Sales Plummet 31% in Q2 2025 Due to Mustang Mach-E Safety Recall

Ford Motor Co.’s electric vehicle (EV) sales dropped sharply by 31.4% in the second quarter of 2025, largely due to a safety-related stop-sale of its popular Mustang Mach-E. The recall, affecting over 317,000 vehicles globally, stems from a software glitch in the electronic door latches that could trap occupants inside, posing serious risks. This setback,…

Volvo EX90: A Tech-Forward Flagship EV with Growing Pains
Volvo

Volvo Cars Faces 12% Sales Drop in June as EV Demand Falters

Volvo Cars reported a 12% decline in global sales for June 2025, totaling 62,858 vehicles, marking the fourth consecutive month of falling volumes due to trade tariffs and weaker electric vehicle (EV) demand, according to Reuters. This downturn highlights challenges for the Swedish automaker, majority-owned by China’s Geely, as it navigates a shifting EV landscape.…

Tesla’s German Sales Collapse 55% While BYD Surges in 2025
Model Y

Tesla Model Y Drives Sales Surge in Norway and Spain Amid European Challenges

In June 2025, Tesla’s revamped Model Y sparked a significant sales boost in Norway and Spain, signaling strong demand for the updated electric SUV despite broader market struggles. According to Reuters, Tesla’s registrations in these countries surged, driven by the Model Y’s appeal, even as the company faces competition and backlash over CEO Elon Musk’s…

BYD to Double European Dealers to 2,000 by 2026, Confirms Multi-Factory 'Localization' Strategy
BYD

BYD’s June 2025 EV Sales Climb 10% Amid Price Cuts, Geely Raises Annual Target

In June 2025, BYD Co., China’s leading electric vehicle (EV) manufacturer, achieved its strongest sales month of the year, delivering 377,628 vehicles, including 206,884 battery electric passenger cars, a 10% increase from June 2024, according to a company statement, reports Bloomberg. Despite heavy price reductions, the growth fell short of expectations, while rival Geely Automobile…

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