NewsRoom Articles - Page 10 of 124

ThursdayMar 27, 2025 10:00 am

Data Shows BMW Group, Volkswagen EVs Outsold Tesla in February in Europe

Recent vehicle sales data from Europe reveals that Tesla, historically the world’s largest electric vehicle (EV) manufacturer, is losing ground to established automakers like Volkswagen and BMW Group. According to research platform JATO Dynamics, both BMW and Volkswagen sold more EVs than Tesla in the European market in February 2025, signaling trouble for the Texas-based automaker. After dominating the global EV market for over a decade, Tesla is facing intense competition from both Western and Chinese automakers. In 2024, the company temporarily lost its title as the world’s best-selling EV brand to BYD before reclaiming the top spot later in…

TuesdayMar 25, 2025 10:00 am

Nissan Delays its Planned $661m EV Investment Until 2028

Nissan Motor's ambitious $661 million investment in expanding electric vehicle (EV) production has been postponed until 2028. The Japanese automaker, in collaboration with South Korean battery manufacturer SK On, aims to secure a steady supply of EV batteries capable of powering at least one million midsize battery electric vehicles (BEVs). With ongoing manufacturing delays, Nissan's partnership with SK On marks a crucial step in ramping up EV production in the United States over the next decade. Announced last week, the collaboration will direct a substantial $661 million investment toward Nissan’s Canton, Mississippi production plant, a facility specifically upgraded for battery…

FridayMar 21, 2025 10:00 am

Chinese EV Firm BYD Says its New Charger Requires Just 5 Minutes, Equals Fueling an ICE Car

Chinese electric vehicle (EV) manufacturer BYD has unveiled a new charging system that could allow EVs to recharge their batteries in just five minutes. Equipped with an astonishing 1,000 kW of charging power, this platform would be twice as fast as the fastest existing EV charger—the Tesla Supercharger network. According to BYD, its new charging system could enable electric cars to recharge in the same amount of time it takes to refuel a gas-powered vehicle, addressing one of the biggest barriers to EV adoption: long charging times. Current EV chargers take anywhere from 30 minutes to several hours to fully…

ThursdayMar 20, 2025 10:00 am

BYD Considers Establishing an EV Plant in Germany

A recent report has revealed that Chinese automotive giant BYD is considering establishing an electric vehicle (EV) assembly plant in Germany. According to Reuters, the Shenzhen, Guangdong-based company is debating whether to construct a third new energy vehicle (NEV) plant in Europe. BYD is already building two NEV plants in Europe—one in Türkiye and the other in Hungary—as it works toward capturing a share of Europe's growing EV market. Executive vice president Stella Li was recently interviewed by Automobilwoche and noted that BYD was considering the construction of a third vehicle assembly plant to supply cars to the European market…

TuesdayMar 18, 2025 10:00 am

Trump Administration Halts EV Adoption by the Federal Government

President Donald Trump's administration has finally pulled the plug and halted the federal government's ongoing efforts to adopt electric vehicles. A series of internal memos obtained by Colorado Public Radio and NPR have revealed that the U.S. General Services Administration (GSA) has suspended electric vehicle orders temporarily, ordered the closure of some EV charging stations, and halted the installation of new electric vehicle charging stations. A March 3 memo regarding electric vehicle chargers that was signed by recently appointed GSA Public Buildings Service Commissioner Michael Peters notes that all existing EV chargers that aren't ‘mission-critical’ should be shut down. As…

FridayMar 14, 2025 10:00 am

A Deeper Look into the Complications Surrounding Tesla’s Recent Market Shifts

2025 hasn't been a great year for Texas-based electric vehicle giant Tesla. After dominating the nascent EV sector for a decade and achieving a market cap that's larger than the rest of the auto industry combined, Tesla is experiencing an unprecedented fall in sales across several major markets. CEO Elon Musk's endorsement of President Donald Trump and his involvement with the Department of Government Efficiency (DOGE) seems to have alienated a notable section of Tesla's customer base. However, some experts say that Tesla may have also gained access to a new and untapped customer base. For most of the electric…

ThursdayMar 13, 2025 10:00 am

Survey Shows Youths Have a Preference for Electric Vehicles

A recent industry-commissioned survey has found that young people typically prefer electric vehicles to conventional gas-powered cars. The poll was commissioned by Nissan and conducted by Economist Impact, which surveyed 3,750 people from 15 cities across the globe. It mainly focused on finding out the mobility preferences of 18 to 30-year-old individuals living in urbanized areas. Over half of the respondents (57%) said that they were willing to adapt their driving habits to lower carbon dioxide pollution while just 40% were in favor of policies that made gas-powered vehicles and other forms of transport that produce pollution more expensive. 44%…

TuesdayMar 11, 2025 10:00 am

Tesla Reportedly Gamed Rebate Program in Canada to Make Last-Minute $30M Claim

Tesla has been accused of gaming the Canadian electric vehicle rebate program after 4 dealerships reportedly sold a whopping 8,600 vehicles in just three days. The sales spree saw the four stores sell an average of 2 vehicles per minute and claim $30 million worth of grants just before Canada's EV rebate program ended. Although Teslas are among the most popular electric cars in Canada, the last-minute surge in sales at the four dealerships and the subsequent $30 million in claims have left many wondering whether the sales were legitimate. Each of the 4 dealerships would have had to sell…

FridayMar 07, 2025 10:00 am

EU Automakers Get Pollution Targets Breather as EV Sales Falter

The European Commission has granted carmakers in the EU more breathing room to achieve the regional bloc’s mandated pollution target amidst a widespread drop in electric vehicle sales. Commission president Ursula Von der Leyen says European carmakers that sell too many fossil fuel-powered cars in 2025 will be granted a two-year grace period where they can compensate by selling more clean energy vehicles. Although the move is ostensibly meant to support carmakers who have been struggling to sell their EVs amidst a slump in demand, environmental groups argue that the grace period is tantamount to rewarding ‘laggard’ carmakers. The proposal…

ThursdayMar 06, 2025 10:00 am

Why Some Electric Vehicle Buyers Aren’t Getting the Expected Federal Tax Credit

Last year, the U.S. amended its federal EV tax credit system to make it so that drivers could access the tax credit at the point of sale instead of paying full price and waiting months for the tax credit to kick in. However, while this change was praised for making the federal EV incentive much more accessible to buyers, it may have made it difficult for some buyers to have their EV purchase subsidized. A small number of buyers have been unable to access the tax credit due to missteps on the dealerships’ side even though they did everything as…

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