Latest Updates Around The World
Tesla’s annual sales fell for the second year in a row, a decline fueled by the elimination of the US federal tax credit and competition from Chinese automakers. Tesla delivered 1.63 million vehicles worldwide in 2025, down 9% from 1.79 million in 2024, figures show released by the company. Notably, approximately 50,850 of these vehicles […]
Tesla received a ride-hailing permit from Arizona regulators this week, opening the door for the automaker to begin operating a robotaxi service in the state. A spokesperson for the Arizona Department of Transportation (ADOT) told TechCrunch that the automaker applied for a Transportation Network Company (TNC) permit on November 13. Tesla met the requirements to […]
Tesla’s record revenue quarter has given the company a reprieve after a terrible start to 2025. But CEO Elon Musk is focused on building a “robot army” and delivering on his longstanding, unfulfilled promise of self-driving cars – tasks he must accomplish if he wants to unlock the full value of the $1 trillion compensation […]
Lucid Motors yielded a record of 4,078 vehicles in the third quarter, probably stimulated by a combination of more gravity SUVs that rose the road and a stream of customers who benefit from the expiring federal EV tax credit. The Saudi ownership of luxury EV-startup is still far away from the projections that it used […]
Held Motocorp announced the appointment of Harshavardhan Chitale on Monday as Chief Executive Officer of the company. The company said that the office of the acting Chief Executive Officer has been registered in the hands of Vikram Kasbekar and he will continue to serve in the HERO Motocorp council as executive director and Chief Technology […]
Shares of car manufacturers Tata Motors and Mahindra & Mahindra came under pressure on Monday after reports emerged that the Group or Ministers (GOM) panel suggested that they increase GST on luxury electric vehicles. Tata Motors fell by 1%, while M&M lost more than 2%. Hyundai also deposited 0.2% lower. The move occurs at the […]
States that offer subsidies have witnessed a stronger acceptance of electric two -wheelers, an indication of financial incentives that influence consumer behavior, according to Reserve Bank or India Bulletin. “Various studies have shown that monetary stimuli such as discounts, tax credits and lower registration costs are improving EV acceptance by reducing the initial purchase costs […]
The Trump administration has finally published New guidance those states can use to make $ 5 billion in financing for infrastructure for electric vehicles, after months withdraw the money. A Coalition of States Completed about the Freeze financing in the NEVI program of the National Electric Vehicle Infrastructure (NEVI), which was one of the many […]
The sale of Tesla’s Cybertruck was plumbled from their peak last year, to the point that the colossal (and expensive) GMC Hummer EV has sold the polarizing steel-clad curiosity in the second quarter. In the second quarter, Tesla only sold 4,306 cyber trucks, just shy of the 4,508 Hummers that GMC moved in the same […]
Lucid delivered 3,309 vehicles in the second quarter, a turnover increase with 6% compared to the previous period and a new sales record for the EV -maker. Bright Also reported It produced 3,863 vehicles in the second quarter, almost 1,000 more than made it in the previous period. Lucid produced 2,212 vehicles in the first […]
