NewsRoom Articles - Page 2 of 125

ThursdayOct 16, 2025 10:00 am

China Tightens Requirements for Accessing NEV Tax Incentives

China established dramatically stricter eligibility criteria for new energy vehicle purchase tax exemptions, implementing comprehensive technical standards effective January 1, 2026. Officials from three government agencies jointly announced the requirements October 9th, signaling Beijing's strategic shift toward prioritizing vehicle quality and efficiency over market volume expansion. This regulatory tightening will reshape manufacturer strategies and consumer options throughout the world's largest automotive market. Plug-in hybrids face the most dramatic threshold increases. Minimum electric-only driving capability must reach 62 miles, up from approximately 26 miles previously, a transformation analysts project will exclude nearly two-fifths of current models from eligibility. Lighter vehicles weighing…

TuesdayOct 14, 2025 10:00 am

US EV Industry Transforms as Expired Incentives Become New Reality

After years of supporting American electric vehicles, federal tax credits purchases ended on October 1st and eliminated tax incentives for both new and used electric cars. Although buyers rushed to complete purchases before the deadline and created a temporary sales surge, the U.S. electric vehicle market is facing demand uncertainty now that the subsidies that allowed costly EVs to be price competitive with gas-powered cars are no more. Manufacturers have begun deploying various strategies to maintain electric vehicle sales momentum. Ford and General Motors will keep providing $7,500 lease incentives as they acquired vehicles before the federal tax incentives expired.…

FridayOct 10, 2025 10:00 am

Chinese EV Maker BYD Records 880% Surge in its UK Sales

Chinese automaker BYD reported an 880% year-over-year sales increase in the UK during September, making Britain its largest market after China. The company delivered 11,271 vehicles last month, with the PHEV version of the Seal U SUV claiming the biggest fraction of purchases. BYD now commands 3.6% of the UK market, capitalizing on Britain's decision not to impose tariffs on electric vehicles from China unlike the EU and United States. The surge coincides with record British electric vehicle sales in September when pure battery EV purchases reached nearly 73,000 units as per the Society of Motor Manufacturers and Traders. PHEV…

ThursdayOct 09, 2025 10:00 am

Germany to Extend EV Tax Exemption to 2035

Germany will continue exempting electric vehicles from motor-vehicle taxes until 2035, a move the government says is essential to sustain momentum in its shift toward cleaner transport. Federal Finance Minister Lars Klingbeil confirmed the draft legislation this week, ending months of uncertainty surrounding the program after repeated warnings that tight public finances could curtail it. Under the plan, the exemption will apply to battery-only vehicles first registered by Dec. 31 2030. Under existing law, new electric-car registrations after Jan. 1, 2026 would have lost the benefit, prompting calls from industry leaders to act quickly. The new extension forms part of…

TuesdayOct 07, 2025 10:00 am

UK EV Sales Notch Record as Subsidies Lure Buyers

British battery electric vehicle sales surged nearly one-third in September compared to the previous year, reaching 72,800 units. The record figures followed the UK government's July reintroduction of electric car grants worth up to £3,750 ($5,035), responding to intense carmaker lobbying about struggles meeting mandatory zero-emission vehicle targets. The Society of Motor Manufacturers and Traders reported the surge as reinstated government subsidies attracted buyers during the market's most critical sales month. The subsidy program applies to roughly one-quarter of battery electric vehicles sold in Britain, including models from Citroën, Renault, Nissan, and Vauxhall. Eligibility restrictions include manufacturing emissions requirements that…

FridayOct 03, 2025 4:20 pm

Domestic Price Wars Threaten the Survival of Smaller Chinese EV Brands

Hundreds of Chinese electric vehicle manufacturers are collapsing under relentless price competition that's forcing suppliers to sell below cost, slashing worker wages by 30%, and trapping the industry in what Beijing now calls "disorderly" commercial warfare. The casualties include Ji Yue, a joint venture between internet giant Baidu and automaker Geely that folded within months despite deep-pocketed backing, leaving suppliers like marketing veteran Li Hongxing drowning in millions of dollars in unpaid debt. China's EV sector exploded from a decade of government subsidies and strategic support, transforming the country into the world's largest electric vehicle market and helping manufacturers like…

ThursdayOct 02, 2025 10:00 am

As US EV Incentives Expire, the Industry Waits to See Demand Trends

Lower-priced electric vehicles may determine whether America's EV market can sustain growth without government subsidies, as manufacturers prepare to launch affordable models into a marketplace suddenly stripped of the federal incentives that have supported sales for nearly two decades. Nissan is bringing a redesigned Leaf to market starting around $30,000, while GM and Ford have budget-friendly EVs in development that could prove whether consumers will embrace electric mobility based purely on vehicle merits rather than tax breaks. Tuesday marked the end of federal EV purchase incentives worth up to $7,500 per vehicle, eliminated under the Trump administration's recent legislative package.…

TuesdaySep 30, 2025 10:00 am

Weak Demand Leads VW to Temporarily Halt Production at EV Plants

German automaker Volkswagen has revealed that it is pausing EV production at two manufacturing plants in response to weak electric vehicle demand. The carmaker will suspend production at the Zwickau and Dresden facilities for a week in October and plans to cut the working week at an EV production plant in Osnabrück, Lower Saxony, by one day. Volkswagen joins a growing number of automakers who have paused or scaled back battery electric vehicle (BEV) production due to low market demand. While Chinese automakers can now produce and sell their electric cars at incredibly low costs, Western automakers still spend more…

FridaySep 26, 2025 10:00 am

Chinese Hypercar Sets New EV Speed Record in Germany

An electric hypercar developed in China recently became the fastest production vehicle in the world when it nearly hit 500 km/h in speed tests at a German facility. Built by the luxury sub-brand of Chinese EV giant BYD, Yangwang, the Yangwang U9 Xtreme shattered previous production vehicle speed records for both electric and gas-powered cars, reaching a staggering 496.22 km/h at the ATP Automotive Testing Papenburg track on 14 September. The record test run was conducted by German racing specialist Marc Basseng, breaking the previous speed record set by German test driver Andy Wallace in 2019 at the Ehra-Lessien facility…

ThursdaySep 25, 2025 9:00 am

Porsche Shares Slump as Company Faces Major Headwinds

Porsche just got hammered by investors after admitting what everyone already suspected: betting big on electric vehicles while your customers still want gas-powered sports cars is a recipe for financial disaster. The German luxury carmaker's shares tanked over 7% on Monday after the company slashed its profit margin guidance from a respectable 5-7% down to 2% for 2025, basically admitting they completely misread the market. The whole mess stems from Porsche trying to force an electric transition on customers who aren't buying it, literally. Rising U.S. tariffs, weaker demand, and China's economic slowdown have created a perfect storm that's forcing…

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