NewsRoom Articles - Page 2 of 116

ThursdayApr 03, 2025 10:00 am

Why the Backlash Against Tesla Could Boost EV Adoption

Over the past few months, Tesla has faced significant backlash from consumers in several major markets due to its CEO’s recent involvement in U.S. politics. With Tesla CEO Elon Musk endorsing President Donald Trump’s second presidential bid and currently heading the controversial Department of Government Efficiency (DOGE), many consumers are turning away from the Texas-based electric vehicle giant. Tesla’s market capitalization has fallen by 50%, and there have been numerous protests at Tesla dealerships worldwide. Additionally, several Teslas have been set on fire as part of demonstrations against the company. However, despite the turbulent period for Tesla, some experts believe…

TuesdayApr 01, 2025 10:00 am

Nissan to Release Updated LEAF EV with 373 Miles of Range

Nissan Motor is set to unveil a crossover version of the Nissan Leaf EV with an impressive 373-mile range. The Japanese automaker recently released teaser images of the updated electric vehicle, dubbed the 2026 Leaf, but has not yet revealed major details about the forthcoming update to its iconic Nissan Leaf EV. As a crossover, the new Nissan Leaf will differ significantly from prior versions, marking a strategic shift in Nissan’s approach to remain competitive in the evolving EV market. With Chinese manufacturers like BYD flooding the market with lower-cost EVs, Nissan is facing increased pressure to maintain a strong…

FridayMar 28, 2025 10:00 am

Chinese BEV Maker BYD Surpasses Tesla in Sales

Chinese battery electric vehicle (BEV) manufacturer BYD has once again outpaced Tesla in global electric vehicle sales. A recent financial report from the Shenzhen-based automaker revealed that BYD’s revenue surged by 29% in 2024, reaching an impressive $14.8 billion—eclipsing Tesla’s reported revenue of $13.5 billion for the same period. BYD’s financial success was driven by strong hybrid vehicle sales and high demand for its competitively priced BEVs. The company has also introduced a more affordable BEV to compete directly with the Tesla Model 3, which has historically been China’s best-selling electric vehicle and remains one of Tesla's most popular models…

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%…

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