Elon Musk’s political lobbying is expected to wipe out about $1.4 billion in revenue for Tesla, according to Electrek — a shift that may affect electric vehicle buyers. Electrek links Tesla’s projected shortfall to regulatory changes by political candidates Musk has supported, noting that shrinking cleaner-vehicle incentive programs have reduced a revenue stream the company…
Smartphone giant Xiaomi briefly took the spotlight during Saturday’s meeting between President Xi Jinping and his South Korean counterpart, Lee Jae-myung, as a pair of the company’s handsets were presented as gifts by China’s head of state. The selection of its flagship consumer product as a state gift reflected Xiaomi’s growing status as a symbol…
By Sam Li and Lewis Jackson BEIJING (Reuters) -Tianyu Jiang took a 2,000-km (1,200-mile) road trip this month during China’s national holiday week, driving in his electric vehicle from the southwestern Sichuan basin to Beijing for the first time. “I used to drive a petrol car and had never taken an EV for such a…
SHANGHAI/BEIJING (Reuters) -China has sent a clear signal that it is willing to pull the plug on subsidies for its electric vehicle industry after years of big-ticket government support fuelled a boom that has left the world’s second-largest economy saddled with vast oversupply, prompting it to push into global car markets. Top policymakers omitted electric…
In September, the Tesla Model Y stayed the top-selling electric vehicle in China at 59,900 vehicles sold, according to the EV blog. This news comes after reports of lower-than-average third-quarter sales in the country hit the press. Some suspect that the new Model Y L, with three rows of seating, has helped keep sales high…
China has announced that its electric vehicle exports in September doubled from a year ago after car manufacturers expanded into international markets. ABC News reported that Chinese exports of electric vehicles, including battery electric vehicles and plug-in hybrids, increased by over 100% in September from the same month last year, and sales in August were…
While Tesla set a sales record during the third quarter, the electric vehicle company has steep competition abroad as other automakers gain momentum in the European market. Tesla delivered a record-breaking 497,099 electric vehicles between July and September, according to City AM. That’s up 29% from the previous quarter. The publication attributed much of the…
The electric vehicle market may face a bumpy road ahead, following the end of U.S. federal tax credits for new and used EVs last month. On Sept. 30, the $7,500 tax credit for new EVs and plug-in hybrids and the $4,000 credit for used ones expired. In a recent article, EnergySage took a look at…
Those looking to re-sell their EV could be getting less than they expect with the current trend. (Source: Getty/TikTok/Paul Maric) Damning new figures have revealed how much value can be wiped off an electric vehicle (EV) once it hits the second-hand market, even after just 12 months. The EV industry is consistently producing cars that…
!['[We] will take the lead'](https://news.charm-retirement.com/wp-content/uploads/2025/10/145a2174cb8d387ea4ce74c2d07ea700-600x400.jpeg "‘[We] will take the lead’")
One automaker is looking to break away from the pack as electric vehicle competition heats up. Kia displayed its full range of European-sold EVs for the first time at the IAA Mobility Show in Munich this September, according to Electrek. The lineup included two new models, the EV2 and the EV5. The South Korean manufacturer…