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Jeep Compass EV Unveiled: A Tesla Model Y Rival with Off-Road Power and Competitive Pricing

Jeep has launched its new Compass EV, an electric SUV designed to challenge the Tesla Model Y with lower prices and superior off-road capability. Set to arrive by the end of 2025, this electric vehicle (EV) combines Jeep’s rugged heritage with modern electric performance, offering a range of up to 404 miles and fast-charging capabilities,…

Tesla

Wolfspeed Shares Plummet 23% as Slowing EV Demand Hits Revenue Forecast

On May 9, 2025, Wolfspeed (WOLF.N), a key player in the electric vehicle (EV) supply chain, saw its shares drop 23% after the company raised concerns about its financial stability and slashed its annual revenue forecast. The chipmaker, known for producing silicon carbide (SiC) wafers critical for EV power electronics, is grappling with sluggish demand…

Tesla

Mazda Adopts Tesla’s North American Charging Standard for EVs in Japan Starting 2027

Mazda has taken a significant step in the electric vehicle (EV) landscape by partnering with Tesla to adopt the North American Charging Standard (NACS) for its battery electric vehicles (BEVs) launching in Japan from 2027 onward. This agreement, announced on May 9, 2025, aims to enhance charging accessibility for Mazda EV owners in Japan by…

Tesla

Tesla’s Battery Tech Leader Vineet Mehta Departs After 18 Years, Signals Bright Future for EV Innovation

Tesla’s Director of Battery Technology and Powertrain Architecture, Vineet Mehta, announced his departure from the company after 18 years, marking the end of a pivotal era for Tesla’s electric vehicle (EV) advancements. Mehta, who joined Tesla in 2007, shared his exit on LinkedIn, reflecting on his role in shaping the company’s battery and powertrain roadmap…

Tesla

U.S. Slashes Tariffs on UK Electric Vehicles to 10%, Boosting EV Market Access

On May 8, 2025, the U.S. announced a significant reduction in tariffs on UK-made cars, including electric vehicles (EVs), dropping the rate from 27.5% to 10%. This decision, part of a broader economic deal with the UK, also eliminates tariffs on steel and aluminum, setting them to 0%. For EV enthusiasts and industry professionals, this…

Tesla

Tesla Model Y Deliveries Surge in Australia with 2025 Juniper Update

Tesla’s Model Y deliveries in Australia hit a record low of 280 units in April 2025, down 76% year-on-year, marking the brand’s weakest month in nearly three years, according to Drive. The updated 2025 Model Y, codenamed Juniper, launched in May, sparking renewed interest with a record week of test drives and near-sold-out Launch Series…

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