India is poised to impose hefty taxes on luxury electric vehicles (EVs), potentially impacting sales of Tesla, BMW, Mercedes-Benz, and BYD. A tax panel has proposed raising GST […]
Porsche Halts EV Battery Production Plans Amidst Market Slowdown
German luxury carmaker Porsche has abandoned its ambitious plan to produce electric vehicle (EV) batteries, citing a lack of global demand as a primary reason. The company’s subsidiary […]
Faraday Future Invests $10 Billion in Crypto-AI for EV Growth
California-based electric vehicle (EV) company Faraday Future unveiled a groundbreaking $10 billion strategy that leverages both AI and the crypto economy to propel the future of EVs. At […]
VinFast Records Revenue Surge, Dives into Q1 Financials
VinFast Auto Ltd., a leading electric vehicle (EV) manufacturer listed on Nasdaq (VFS), has released its unaudited financial performance for the first quarter of 2025. This report analyzes […]
Tesla Soars as Trump’s EV Changes Spark Stock Market Rally
Tesla stock surged by almost 10% on Friday after President Trump announced a plan to accelerate the development of self-driving vehicles in the US. The changes, spearheaded by […]
Tesla Plunges as Investors Lash Out Over Q1 Results and Musk’s Distractions
Tesla has endured a devastating first quarter, experiencing one of its worst financial performances since going public. The electric vehicle company is facing intense scrutiny from investors as […]
EU-China EV Tariffs: Could A Potential Deal Spark Global Market Growth?
The world of electric vehicles (EVs) is poised for a potential shakeup as the EU and China are rumored to be negotiating the removal of tariffs on Chinese […]