A once-dominant Tesla has endured a rocky sales year in 2025, and new data out of Europe hints at a sustained slump, per Reuters. For years, Tesla functionally represented the entire EV market worldwide — while it never reached “generic trademark” status like Kleenex or Xerox, its name was nearly interchangeable with “electric vehicle.” As…
When Elon Musk first launched a bid to acquire Twitter three years ago, a move many of his supporters would grow to oppose, the entrepreneur’s most trusted lieutenant at Tesla quickly chimed in to offer his unconditional support. “Thank you for what you’re doing. We all love you and are always behind you!” Omead Afshar…
Elon Musk and Omead Afshar, left, at an event in Shanghai, China, in 2019. © 2019 Bloomberg Finance LP Elon Musk fired Tesla’s head of operations in North America and Europe, amid declining sales in both regions and the electric vehicle brand’s falling popularity, according to people familiar with the matter. Omead Afshar, who started…
What are the origins of China’s leverage in the trade war? And why are China’s exports disrupting markets across the world? That China has a strong hand is largely because it has picked up lessons from Silicon Valley and deployed the tactics at every level of the supply chain. Just as Silicon Valley companies “hacked”…
Last September, the U.S. Postal Service debuted its long-awaited — and much litigated — electric vehicle mail delivery truck. Since then, more than 7,200 new zero-emissions vehicles have been distributed to the Postal Service. But a provision tucked inside the Senate Republican bill to enact President Trump’s second-term agenda would force the USPS to sell…
A rideshare driver in Brazil is turning heads — and challenging expectations — after clocking almost 140,000 miles in his Chinese-made electric vehicle, according to a recent article in Inside EVs. The driver, who shared his story in a recent YouTube video, explains that he bought the car for just $12,000 in 2020. Four years…
Tata Motors is preparing to go full tilt in the electric vehicle (EV) space to claw back lost market share as rivals turn up the heat with an aggressive pipeline of products spread over the next few years. In addition, merging the EV arm with the passenger vehicle entity is also on the anvil. “In…
Auto industry reports have been tracking data about Tesla‘s declining sales worldwide, with sharp drops recently noted in European markets like France, Portugal, and Denmark. European drivers have been shifting their attention away from Tesla and toward other EV automakers like the Chinese brand BYD. Drivers in Europe’s largest car market, Germany, are also steering…
Seoul [South Korea], June 21 (ANI): South Korea’s leading industrial players are ramping up their efforts in the electric vehicle (EV) battery recycling sector, reflecting growing expectations that the currently sluggish market will develop into a vital part of the battery value chain, the Korea Herald reported on June 20. Advertisement The LG Energy Solution,…
IN A NUTSHELL 🚗 Chery is launching its flagship plug-in hybrid sedan, the Fulwin A9L, in China next month, with global sales set for early 2026. 🔋 The Fulwin A9L features the advanced Kunpeng Super Hybrid Electric 6.0 system, offering a total range of approximately 1,243 miles. 🌍 Chery aims to expand its international presence,…