45 articles
The 2026 EV Charging Summit in Las Vegas showcased significant advancements in charging technology, emphasizing reliability and driver convenience. Key players like SWTCH, XCharge, and Tesla unveiled solutions addressing connectivity issues, high-power charging, and new business models for deploying charging infrastructure.
The Gaingo Police Department is testing two electric vehicles, a Ford Mustang Mach E and an F-150 Lightning, to see if they can handle the demands of police work. Chief Nielsen highlighted concerns about battery life, charging times, and vehicle durability for patrol duties.
Lucid Motors faces significant financial headwinds, with a 96% stock decline since going public. The company's plan to reach profitability by 2030 relies on launching cheaper EVs and advancing autonomous driving, but faces challenges from low sales, high production costs, and uncertain market demand. Continued funding from the Saudi Arabian sovereign wealth fund is crucial for its survival.
BMW unveils its new all-electric i3, potentially the next 3 Series, boasting impressive range and performance. Meanwhile, Honda cancels key EV projects, facing billions in losses, and rumors swirl about a high-performance Toyota Tundra TRD Hammer.
Germany's automotive industry is grappling with its worst profits since 2009, as Volkswagen and Mercedes-Benz report significant earnings drops. Factors like China's economic slowdown, a missed electric vehicle transition, and U.S. tariffs are creating major challenges. However, brands like Audi and BMW show resilience through EV success and diversified production, offering potential pathways forward.
BYD's new Blade Battery 2.0 promises over 600 miles of range and 5-minute charging, signaling a critical turning point for the automotive industry. Coupled with geopolitical energy market volatility, the shift to EVs is becoming increasingly compelling.
Volkswagen Group has suffered a significant blow, with profits plummeting 44% in 2025 amid intense competition in China and slower-than-expected EV demand. The automotive giant is now planning massive cost cuts, raising concerns about potential job losses, while its luxury division, Porsche, also faces a severe profit collapse.
Volkswagen Group has reported a significant 44% drop in profits for 2025, signaling major financial struggles. The company faces intense competition from Chinese EV makers in its largest market and slower-than-expected EV demand, prompting plans for massive cost cuts and potential job losses.
Volkswagen is set to cut 50,000 jobs by 2030 following a dramatic 44% drop in operating profit. The German automotive giant faces intense competition, costly EV transitions, and supply chain challenges. Porsche, a key brand within the VW group, saw its profits virtually disappear, highlighting the severity of the crisis.
Lamborghini is scaling back its full EV ambitions due to limited demand, opting for a plug-in hybrid strategy. In contrast, Ferrari is accelerating its electric vehicle development with the "Luce." This divergence highlights the challenges luxury automakers face in balancing electrification with brand identity and customer preferences.
