The electric vehicle (EV) industry is fiercely competitive, and many startups struggle to survive. But Rivian, the California-based EV truck and SUV maker, just did something remarkable—it turned a profit for the first time ever. As Rivian prepares to share its earnings report with investors, it has already announced a major milestone: in the fourth…
Japan’s automotive industry is at a turning point, and one of its biggest names—Nissan—is searching for a lifeline. After its highly anticipated merger with Honda collapsed, Nissan is now reportedly seeking outside help. But here’s the twist—Japan is looking to Tesla as a potential investor. Yes, Tesla and Nissan in partnership—it sounds like an odd…
What if you could own a car that beats a Ferrari and a Lamborghini off the line—but for less than half the price? That’s exactly what the Kia EV6 GT offers. Now, with nearly $20,000 in lease savings, getting behind the wheel of Kia’s high-performance electric sports car is easier than ever. Let’s dive into…
The U.S. auto industry is facing a new wave of uncertainty as proposed tariffs on imports from Canada and Mexico threaten to disrupt the market. Ford CEO Jim Farley is sounding the alarm, warning that these additional costs could be “devastating” for automakers, suppliers, and even car buyers. With the potential for tariffs to take…
In a surprising turn of events, KORE Power has officially abandoned its plans to build a $1 billion lithium-ion battery factory in Buckeye, Arizona. The ambitious project, which promised thousands of jobs and positioned itself as a key player in the U.S. battery industry, is no longer moving forward. Adding to the shake-up, the company’s…
The electric vehicle (EV) revolution is in full swing, and traditional automakers are scrambling to keep up. Among them, Honda and Nissan—two of Japan’s biggest car manufacturers—had planned to join forces in a landmark EV merger. This partnership was expected to help them compete with industry leaders like Tesla, BYD, and Volkswagen. However, fresh reports…
Tesla, the undisputed leader in the electric vehicle (EV) market for years, is now facing a significant sales decline in Europe. The numbers are startling—Tesla sales in Germany plummeted by nearly 60% in January compared to the same period last year. This isn’t just a localized issue; the trend is similar across multiple European markets….
Electric vehicles (EVs) have long been seen as the future of transportation, but for many people, the high price tags have kept them out of reach. That may be about to change, thanks to Volkswagen. The German automotive giant has announced plans to launch an entry-level Affordable EV with a price of just €20,000 ($20,800),…
The North American electric vehicle (EV) market is facing a major shakeup. In response to U.S. President Donald Trump’s newly imposed tariffs on Canadian and Mexican imports, Canada has fired back with its own aggressive countermeasures. These new tariffs, which include a 25% duty on U.S.-built cars and trucks, are set to impact consumers and…
Tesla Cybertruck Struggles: Discounts, Free Wraps, and Leasing – Can It Regain Momentum? Tesla’s Cybertruck was once one of the most highly anticipated electric vehicles, with over a million reservations and sky-high expectations. However, reality has painted a different picture. Despite its futuristic design and promises of high production numbers, Tesla is struggling to sell…
