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…
Tesla is facing a noticeable slowdown in China, one of the world’s most competitive electric vehicle markets, reports GuruFocus. After months of strong growth, the U.S. automaker sold just over 61,000 cars built at its Shanghai factory in October, a nearly 10% drop from the same time last year. The slowdown highlights just how crowded…
As Tesla‘s dominance in the electric vehicle space continues to wane, a new competitor has emerged as a serious threat to its market share. What’s happening? In 2024, Chinese tech giant Xiaomi jumped into the EV space by launching its SU7 sedan. As The Motley Fool reported, Xiaomi’s first year of selling EVs couldn’t have…
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 a rapidly expanding electric vehicle market, India has become a fiercely competitive proving ground for both Tesla and BYD. First reported by Business Insider, India is a vital market that determines the future earning potential for the leading EV manufacturers. As one of the world’s largest automotive markets, India has seen a surge in…
Mexico’s proposed 50 percent tariffs on vehicles imported from China are set to deal a major blow to the country’s fast-growing electric vehicle market. What’s happening? According to reports from Reuters, the tariff targets electric and gasoline cars imported from all countries with which Mexico doesn’t have a free trade agreement, including South Korea, India,…