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China reviews 2025 auto sales target downward as local sales slow
China has unveiled its vehicle sales target for 2025, and it’s already short of what the country’s top automakers expected. On Friday, the Ministry of Industry and Information Technology, along with s...
Ram stops plans to develop 1500 REV electric pickup
The Ram automaker has officially canceled the production of the electric Ram 1500 pickup truck due to slow consumer demand in North America. Production of the full-size EV pickup had been delayed sinc...
BYD publicly challenges Stellantis CEO Carlos Tavares on how Stellantis is outperforming competitors in EV sales
The rivalry between BYD and Stellantis is intensifying with a recent dispute centering on conflicting claims about EV sales performance, market positioning, and the accuracy of reported figures. Elect...
Tesla raises investor eyebrows with plan to abandon EVs for robotics
Electric car manufacturer Tesla’s CEO, Elon Musk, has projected that the company will switch from autonomous automobiles to robotics. He further suggested in the firm’s Master Plan Part 4 that 80% of ...
Mexico hits Asian cars with 50% tariff; China vows retaliation
China has officially warned that it will retaliate after Mexico announced a plan to increase tariffs on Asia-manufactured cars, especially those made in China, to 50%, up from the current 20%. The war...
BYD wants 100 carmakers out of China’s EV market
BYD has called for a massive wipeout of competition in China’s car market, demanding that nearly 100 manufacturers be removed from the field after Beijing officially banned discount tactics that fuele...
European carmakers celebrate EV gains but push back on engine Ban
Europe’s auto bosses came to Munich with one message on the surface and another behind closed doors. On stage, they showed off their shiny new electric vehicles. Off stage, they were blunt: the 2035 e...
Luxury rivals BMW and Mercedes target Tesla and BYD with new electric SUVs
BMW and Mercedes are done watching Tesla play king. The two biggest luxury brands from Europe have just thrown down the gauntlet with all-electric SUVs meant to take back the market. After Tesla’s Mod...
Russia’s economic plunge leaves China scrambling to redirect exports abroad
China’s carmakers are watching the Russian market fall apart fast. What started as a goldmine after the Ukraine invasion is now a closed gate. Chinese brands rushed in when Western automakers left. Th...
Tesla propose a new performance-based pay package for its CEO, Elon Musk, valued at nearly $1 trillion
Tesla has announced a new pay plan for its CEO that could increase his voting rights. The proposal is a performance-based package valued at almost $1 trillion if all performance targets are achieved. ...
BMW plans to play spoiler to China, Tesla's market dominance with new EV
BMW is done sitting back while China floods the EV market. The German automaker just dropped the first of its next-gen models, the iX3 SUV, built under its new Neue Klasse platform. These guys are tar...
BYD cut its 2025 sales target from 5.5 million to 4.6 million
BYD, the top-selling electric vehicle manufacturer on earth, has reduced its 2025 end of year sales forecast from 5.5 million cars to 4.6 million, a 16% cut that directly blames China’s overcrowded EV...