Electric Vehicle
Rivian to Lay Off 600 Employees as U.S. EV Tax Credit Expiry Hits Demand
Rivian Automotive is cutting 4.5 percent of its workforce — representing over 600 employees — as the electric vehicle (EV) maker faces weakening demand following the expiration of a...
Electric Vehicle
Tesla Achieves Record Deliveries and Expands Affordable EV Lineup in Q3 2025 Amid Margin Pressure
Tesla strengthened its leadership in the global electric vehicle (EV) market during the third quarter of 2025, achieving record vehicle deliveries and revenue growth...
Electric Vehicle
Volvo Cars Q3 2025 Results: EV Sales Drop, Focus Shifts to Profitability and Cost Discipline
Volvo Cars reported that fully electric vehicles accounted for 22 percent of its total sales in Q3 2025, down from 25 percent in Q3...
Electric Vehicle
Ford’s EV Business Posts $1.8 bn in Q3 Sales but $1.4 bn Loss; Pauses F-150 Lightning Production
Ford Motor said its electric vehicle business unit generated $1.8 billion in sales during Q3-2025 vs $1.4 billion in Q3-2024. Ford reported a $1.4...
Electric Vehicle
10 Key Facts About Stellantis’ $13 bn U.S. Investment — A Major Boost for EV Manufacturing and Jobs
Stellantis, the world’s third-largest automaker, is accelerating its electric vehicle (EV) transformation in the United States with a record-breaking $13 billion investment.
The initiative marks...
Electric Vehicle
BMW Accelerates Electric Vehicle Sales with 10% Growth in Jan-Sept 2025, Driving Global EV Adoption
BMW Group continues to strengthen its position in the global electric vehicle (EV) market, reporting significant growth in electrified vehicle deliveries in the first...
Electric Vehicle
Tesla Launches “Affordable” Model Y and Model 3 Variants, But Prices Still Too High to Spark Mass-Market Demand
Tesla has unveiled new “affordable” versions of its best-selling Model Y SUV and Model 3 sedan, with starting prices of $39,990 and $36,990 respectively.
The...
Electric Vehicle
Mercedes-Benz Accelerates Electric Vehicle Growth Amid Strong Global Sales in Q3 2025
Mercedes-Benz has reported a total of 525,300 cars and vans sold in Q3 2025, driven by strong Top-End vehicle demand and rising electric vehicle...
Electric Vehicle
China’s Cleantech Exports Hit Record $20 bn in August 2025, Driven by Surging EV and Battery Demand
China’s clean technology exports reached a record high of $20 billion in August 2025, according to data from Ember’s China Cleantech Exports Data Explorer.
The...
Electric Vehicle
Tesla Delivers Record 497,000 EVs in Q3, But Expiry of U.S. Tax Credit Clouds Outlook
Tesla reported record 497,099 vehicle deliveries for the third quarter of 2025, marking a 7.4 percent increase from the same period last year. The...
Electric Vehicle
Shell Unveils Breakthrough EV Thermal Fluid Enabling 10-Minute Fast Charging
Shell Lubricants has announced a major breakthrough in electric vehicle (EV) technology with the development of a high-performance thermal management fluid designed to significantly...