Stiff competition may be responsible for declining Tesla sales in the world’s largest electric vehicle market. What’s happening? Tesla experienced its worst month of 2025 in China, with sales down 36% year over year in October, according to Electrek. The company delivered 26,000 electric vehicles compared to more than 40,000 in October 2024. “In terms…
A year after its launch, BCA’s Battery Health Grading technology is reshaping the U.K.’s used electric vehicle market, and it’s doing so in a way that could make owning and reselling EVs easier, smarter, and more sustainable for everyone, EV Powered reported. Introduced in 2024 in partnership with Aviloo, the system uses advanced diagnostic testing…
A major philanthropic collaboration has taken a huge step forward in tackling energy scarcity in Africa. According to Semafor, the Global Energy Alliance for People and Planet has unlocked $4.2 billion in funding to advance renewable energy projects on the continent. This blended finance model is responsible for funding multiple projects, including the expansion of…
Electric vehicles are taking the world by storm, and emerging models with unbeatable prices are making switching to an EV all the more appealing. According to InsideEVs, the 2027 Chevrolet Bolt and its LT model will be the cheapest new electric cars on the market. The launch edition of the vehicle will come in at…
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…
A new electric truck is set to take the U.S. EV market by storm in the coming months, and a recent TikTok video gave prospective buyers a sneak peek at its numerous intriguing features. In the video, host Forrest Jones (@forrestautoreviews) takes viewers inside the MT-1, from an upstart American company called Telo. @forrestsautoreviews Estimated…
One European country has seen a rapid increase in used Tesla prices, a possible indicator of renewed interest in cars from the electric automaker. Teslarati reported on new data from Carla, a Swedish retailer of used electric vehicles, which shows that used Tesla prices increased almost 10% nationwide from June to August. That is certainly…
With federal tax credits for new and used electric vehicles having expired Sept. 30, officials in Colorado have stepped in to fill the gap by increasing state rebates for EVs, according to Denver7, a local ABC affiliate. “The market has made it clear, EVs are here to stay,” said Jared Polis, the Colorado governor, according…
BMW i Ventures announced in July that it was investing $11 million in a seed financing round for a California-based battery and technology developer, with hopes for advancing electric vehicle batteries domestically. According to Autoblog, Estes Energy Solutions has a goal to configure batteries with the specific budget and range of transportation firms in mind….
A group of French and German economists has urged Europe to identify which industries to support in the face of Chinese competition and boldly abandon those where the battle had already been lost, such as the solar power sector. The recommendations were presented in five memos to the Franco-German Council of Ministers at the request…