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Mercedes-Benz signals a bold pivot toward electrification amid recent sales dips, announcing plans for numerous electric vehicles (EVs) over the next two years as part of what the company calls “the biggest product launch program in the history of Mercedes-Benz.” This strategy aims to rejuvenate demand by blending traditional combustion models with a surge in…
Hey EV fans, tired of Tesla’s pricing games? China’s got bigger drama: officials are begging makers like BYD and XPeng to quit the price wars before they tank the whole industry. China is urging its electric vehicle industry to stop cutting prices and rein in production amid fears that persistent deflation is imperilling economic growth.…
Is Tesla’s reign over? In Germany, sales crashed to 1,110 cars in July, as BYD’s EVs skyrocketed. In July 2025, Tesla’s new car sales in Germany plummeted by 55.1%, with only 1,110 vehicles registered, while the broader electric vehicle (EV) market soared, according to the German road traffic agency KBA. This stark contrast highlights Tesla’s…
Hey Tesla fans, ever worry Musk’s side hustles are derailing EVs? The company’s $29B “good faith” grant aims to fix that, per fresh board docs. Tesla awarded CEO Elon Musk 96 million shares valued at approximately $29 billion on Monday, positioning the move as a “good faith” effort to retain him while his 2018 compensation…
A Florida jury has ordered Tesla to pay $243 million in damages following a deadly 2019 crash involving its Autopilot system, marking a significant legal setback that could invite more lawsuits against the electric vehicle maker, reports Reuters. This verdict highlights ongoing concerns about the safety and limitations of Tesla’s driver assistance technology. Details of…
EV owners, rejoice (or worry?): Spain’s Tesla sales jumped 27% in July, but the real story is electrified vehicles skyrocketing 155%. Here’s why it matters to you. In July 2025, Tesla’s new car sales in Spain jumped 27% year-over-year, reaching 702 vehicles, according to registration data from industry group ANFAC. This growth aligns with a…
Ferrari plans to unveil the technological core of its first electric vehicle on October 9, 2025, during the company’s Capital Markets Day, marking a significant step in the luxury automaker’s shift toward electrification. CEO Benedetto Vigna reportedly expressed strong optimism during the Q2 2025 earnings call, emphasizing no setbacks in the project’s timeline. This development…
Tesla registrations tumbled in several European countries in July, even after the company introduced a refreshed Model Y, as CEO Elon Musk’s political stance, stricter regulations, and intensifying competition weigh on demand. This downturn highlights broader challenges for the electric vehicle giant in a market shifting toward affordable rivals, reports Reuters. Sharp Declines in Major…
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