Tesla and GM are leading the charge in U.S. EV sales, with record numbers achieved just before federal incentives ended. Discover how the market is shifting and what it means for the future of electric vehicles!
As the $7,500 federal tax credit for electric vehicles nears its end, sales have surged. But what does the future hold for EVs? Analysts predict a significant downturn as automakers shift focus back to gas-powered cars.
Shoppers rush to buy electric vehicles as a $7,500 tax credit nears expiration. At the Orange County Auto Show, interest in EVs is at an all-time high as consumers seek to capitalize on savings.
A coalition of 11 states, led by California, has filed a lawsuit against Trump's repeal of electric vehicle mandates, claiming it undermines clean air and state emissions rules. Governor Newsom criticizes the move as harmful to America's competitiveness.
China's EV price war intensifies as BYD cuts prices on 22 models, causing sharp declines in the stock of major competitors like Tesla's rivals. Investors are anxious as the competition heats up in the world's largest auto market.
Tesla's electric vehicle sales in Europe have dropped 49% in the first two months of the year amid increasing competition and backlash against CEO Elon Musk's political affiliations. This decline coincides with a 28.4% rise in overall EV sales, highlighting growing concerns over Tesla's aging lineup and Musk's controversial endorsements.
