TLDRs; Xiaomi plans to begin selling electric vehicles internationally in 2027, focusing first on satisfying domestic demand. The SU7 sedan and YU7 SUV are driving strong sales at home, but long delivery delays are testing consumer patience. Production capacity remains a bottleneck, with Xiaomi working to scale from 150,000 units annually to meet demand. The…
Chinese electric vehicle (EV) maker Xpeng launched its G7 SUV on Thursday, sending another contender into a fierce battle in the premium SUV segment of the world’s largest EV market, where it joins Xiaomi’s recently introduced YU7 in taking on Tesla’s market-leading Model Y. Dubbed Xpeng’s first “Super AI [artificial intelligence] car”, the G7 starts…
Last Updated on: 2nd July 2025, 09:30 pm EVs are picking up in Europe, with some 305,000 plugin vehicles being registered in Europe in May. That’s up 34% year over year (YoY), its fastest growth rate since August 2023. The 2025 growth rate is also accelerating, now at +24% YoY, or 1.4 million units, which…
Elon Musk has returned to bashing the GOP budget bill in recent days, and in doing so, has reignited his fight with President Donald Trump. In one long-time investor’s view, it’s bound to create even more challenges for the company, which just reported another quarter of weak vehicle deliveries. Ross Gerber, the CEO of Gerber-Kawasaki…
July 2 – Tesla (NASDAQ:TSLA) shares jumped more than 5% on Wednesday after the company reported a 0.8% year?on?year rise in China?made electric vehicle sales for June, ending an eight?month slide. Deliveries from the Shanghai factory, including domestic sales and exports, totalled 71,599 units, up from May’s pace by about 16%, data from the China…
Global shares were largely unchanged on Wednesday after unexpectedly weak US labour market data and a rout in British markets as speculation grew about UK chancellor Rachel Reeves’ political future. Dublin The Iseq index moved 0.2 per cent higher, led by Ryanair and the main Irish banks. The airline jumped 0.7 per cent to €23.99…
Tesla increases the CLTC claimed range of its two most popular models in China without enlarging their batteries. The Model 3 LR AWD also gets a $1,400 price hike as a result, while the equivalent Model Y doesn’t. This seems like a desperate effort to stop the sales decline, but it’s probably too little, too…
China’s electric vehicle (EV) maker Leapmotor has signed a carbon credit transfer agreement with Italy’s Stellantis. The plan sees Stellantis buying CO₂ credits from Leapmotor, which can generate these credits through producing and selling zero-emission vehicles (ZEVs). The deal reflects how EV manufacturers are not only cutting emissions but also earning revenue by selling tradable…
Tesla investors will be shocked by analyst Jim Cramer’s latest assessment of the company. When it comes to Tesla analysts, many of them are consistent. The bulls usually stay the bulls, and the bears usually stay the bears. The notable analysts on each side are Dan Ives and Adam Jonas for the bulls, and Gordon…
Elon Musk’s feud with President Donald Trump has reignited, with the tech billionaire threatening to launch a new political party, and Trump suggesting Musk could be punished for his opposition. Elon Musk’s feud with President Donald Trump has reignited, with the tech billionaire threatening to launch a new political party, and Trump suggesting Musk could…