Hyundai’s massive manufacturing expansion positions it to capture IRA incentives while achieving record Q2 2025 EV sales growth of 22%…
Tesla’s premium pricing strategy in India faces tough market realities
Tesla’s Model Y enters India at double US prices due to import duties, testing market appetite for premium EVs amid…
Hyundai’s strategic incentives drive record US sales amid IRA challenges
Hyundai achieves 9% US sales growth in Q3 2023 through innovative $7,500 cash incentives on IONIQ EVs, bridging IRA limitations…
Senate Republicans push to repeal EV tax credit as U.S. adoption slows
Senate Republicans introduced the ELITE Vehicles Act to end the $7,500 EV tax credit, contrasting sharply with booming EV markets…
Lucid Motors challenges Tesla with $50,000 midsize EVs set for 2026 launch
Lucid Motors plans to debut three midsize EVs around $50,000 in late 2026, leveraging next-gen battery tech to compete with…
BYD accelerates European expansion with new EV models and strategic partnerships
BYD is aggressively expanding in Europe with new EV launches, a Hungary factory, and Shell charging partnerships, challenging legacy automakers.…
Xiaomi’s electric vehicle surge challenges Tesla’s dominance in China
Xiaomi’s SU7 sedan outsells Tesla Model 3 in China, with over 100,000 units delivered since March 2025. The upcoming YU7…
Suzuki’s e Vitara enters Europe’s EV market with aggressive pricing amid fierce competition
Suzuki launches the e Vitara in Europe, priced competitively at €30,000-€35,000, leveraging Toyota’s platform to challenge rivals like Kia EV3.…
Tesla’s production halt at Gigafactory Texas signals demand challenges amid rising competition
Tesla faces mounting pressure as it halts production again at Gigafactory Texas, with Q2 deliveries declining 4.8% YoY and inventory…
Tesla’s price cuts trigger EV market shakeup as average prices drop 22%
Aggressive Tesla pricing drives EV price war, with average transaction prices falling to $53,376 amid growing inventory and Chinese competition.…
Hyundai’s rare earth stockpiling gives it an edge in the EV race
Hyundai Motor Group’s strategic stockpiling of Chinese rare earth minerals positions it advantageously amid tightening export controls, securing its ambitious…
Chevrolet Equinox EV drives GM past Ford in US electric vehicle race
GM’s affordable Equinox EV surpasses 40,000 sales, helping the automaker overtake Ford as America’s fastest-growing EV brand with 8.5% market…