Electric Vehicles
Tesla Slashes Cybertruck Price, Introduces New $60K AWD Model
Tesla has launched a new all-wheel drive Cybertruck at $60,000 and cut the Cyberbeast price by $15,000. The move aims to boost sales of the controversial vehicle after struggling to meet initial projections.
Ford Posts Largest Earnings Miss in Four Years Amid Tariff, Supplier Headwinds
Ford Motor Company reported its first quarterly earnings miss since 2024 for Q4 2025, marking its largest miss in four years, primarily due to significant impacts from tariffs and a critical aluminum supplier fire. Despite these challenges, the automaker projects…
Global Electricity Surge by 2030 Demands Urgent Grid Investment, IEA Says
The International Energy Agency’s ‘Electricity 2026’ report forecasts a significant global electricity demand surge, stressing the urgent need for massive investment in power grids and system flexibility to avoid critical bottlenecks in the energy transition.
Xpeng’s January Deliveries Drop Amid Flagship GX SUV Reveal and Strategic Shifts
Chinese EV maker Xpeng faced a 34% drop in January 2026 vehicle deliveries, even as it unveiled its new flagship GX SUV and navigated the conclusion of its platform collaboration with Volkswagen.
UK Drivers Face £5,690 First-Year Car Tax for 59 Models as April Nears
New Vehicle Excise Duty (VED) rates taking effect in April 2026 will impose a £5,690 first-year tax on nearly 60 high-emission petrol and diesel car models in the UK, significantly impacting buyers of luxury cars, sports cars, and large SUVs.
China’s Hidden Door Handle Ban Signals New Global EV Safety Standard
China’s Ministry of Industry and Information Technology has announced a ban on hidden car door handles, effective January 1, 2027, citing critical safety concerns. This move is expected to reshape automotive design globally, impacting major EV manufacturers like Tesla.
Huawei Unveils Avatr 06T Wagon, Eyes Wearable Evolution with Kipchoge Team
Huawei is making significant strides in both the automotive and health technology sectors, previewing the Avatr 06T electric wagon with integrated Huawei Qiankun solutions and partnering with marathon icon Eliud Kipchoge to advance its wearable devices.
India’s 2026 Budget Presented on Sunday, Auto Sector Eyes Green Future
India’s Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27, making it the first Sunday presentation in the nation’s fiscal history. The budget is keenly watched for its direction on electric mobility, manufacturing, and broader economic stability, with the automotive…
California Mileage Tax Study Advances Amid Legislative Push
California lawmakers are intensifying debate over a proposal to study a mileage-based road charge, aiming to address a projected $31 billion transportation funding shortfall as gas tax revenues decline.
Polestar Urges Australia to Retain EV Incentives as Review Looms
Polestar Australia is advocating for the continuation of electric vehicle (EV) incentives, specifically the Fringe Benefits Tax (FBT) exemption, amidst a government review, arguing that changes would jeopardize the nation’s ambitious EV adoption targets.
Lucid Air’s Shocking Depreciation and Global Ambitions
Lucid Air Grand Touring faces a sharp depreciation of nearly $50,000 within a year, while the company expands globally with new manufacturing initiatives in Saudi Arabia.
Canada’s Auto Industry Raises Alarm Over New Chinese EV Import Deal
Prime Minister Mark Carney’s government has announced a new strategic partnership with China, allowing 49,000 Chinese electric vehicles (EVs) into Canada annually at a reduced 6.1% tariff, sparking significant frustration and concern within the Canadian auto sector over jobs, investment,…
Golf’s Shifting Landscape: PGA Show Innovation and Tour Player Dynamics
The 2026 PGA Show in Orlando showcases groundbreaking electric vehicles from ICON EV, while the professional golf world continues to see significant player movements, including Brooks Koepka’s return to the PGA Tour and Byeong Hun An’s defection to LIV Golf,…
Rachel Reeves’ EV Tax Plan Sparks Alarm, Threatens UK’s Electric Car Market Transition
Chancellor Rachel Reeves faces mounting pressure over a proposed ‘pay-per-mile’ tax on electric vehicles (EVs) from 2028, with forecasts predicting a significant slump in sales and jeopardizing the UK’s green transition goals. The plan, alongside high public charging costs, creates…
Tesla Model 3: Dominating Used EV Sales in Netherlands, Unlocking UK with New Affordable Standard
The Tesla Model 3 has cemented its position as the best-selling used electric vehicle in the Netherlands, capturing over 11% of the market in 2025. Simultaneously, Tesla is launching a new, more affordable Model 3 Standard in the UK, priced…