Zeekr unveils its first plug-in hybrid SUV, joining a growing number of Chinese EV makers adding gasoline engines to ease range anxiety https://t.co/4ndd3VKFIf ...

European automakers are struggling uh to figure out how to effectively deal with the explosive growth of Chinese uh EVs and Phil Leau joins us now with more. Hey Phil, it's still at a small number in terms of pure EVs from China being sold in Europe, but it is growing and it is a concern for European automakers and for European lawmakers who are trying to figure out, well, look, if we jack up the uh tariffs on these vehicles, maybe we won't see as many imported. By the way, for a pure EV, the tariff can be ...

The initial rollout will begin with 20 locations across Federal's national portfolio, including Camelback Colonnade in Phoenix, AZ; Lawrence Park Shopping Center in Broomall, PA; and Shops at Pembroke Gardens in Pembroke Pines, FL. Each location will feature up to 10 charging stalls and Mercedes-Benz HPC signature 400 kW charging speeds, compatible with both CCS-1 and NACS equipped vehicles. The first locations are expected to come online in 2026. "EV drivers are looking for more than just fast charging, th ...

Tesla (TSLA 1.35%) stock is on the move again, and for the wrong reasons. The automaker's stock fell 7% on Monday after Wedbush analyst Dan Ives issued a grim report in response to CEO Elon Musk's plans to start a new political party. Regardless of whether you support Musk's plans or not -- or if you cheered or booed when he was working as President Donald Trump's right-hand man to shrink the size of the federal government with the Department of Government Efficiency (DOGE) -- investors should be deeply con ...

Core Viewpoint - Tesla Inc reported a 13.5% year-over-year decline in vehicle deliveries for the second quarter, with significant impacts attributed to the Chinese market [1] Group 1: Delivery Performance - Tesla's vehicle deliveries in the second quarter were down 4.3% quarter-over-quarter and down 11.7% year-over-year, totaling 128,803 vehicles delivered in China [2] - The company experienced a decline in first-quarter deliveries as well, indicating ongoing demand struggles globally [1] Group 2: Market Dynamics - Despite initial expectations that the Model Y refresh and discounts would boost demand in China, the anticipated increase in deliveries did not materialize [3][5] - Tesla offered record discounts, including 0% financing on the Model 3 and Model Y during parts of the second quarter, yet this did not lead to improved sales [5] Group 3: Competitive Landscape - Tesla faces increasing competition in China from local manufacturers such as Xpeng and Xiaomi, which offer electric vehicles priced lower than the Model Y, contributing to the decline in demand [6] - The competitive pressure in China is compounded by brand damage and boycotts faced in Europe and the U.S. [6]

Core Viewpoint - Lucid Group's stock experienced a notable increase of 9% amidst a generally declining market, indicating positive investor sentiment towards the company's production ramp-up efforts and sales growth [1][3][4] Group 1: Stock Performance - Lucid Group shares closed at $2.30, reflecting a 9% rise while the S&P 500 and Dow Jones Industrial Average saw declines of 0.07% and 0.37% respectively [1] - Approximately 205 million shares of Lucid were traded, which is about 60% higher than its 50-day average of 130 million shares [1] - The stock traded within a range of $2.11 to $2.36, indicating controlled movement despite the high trading volume [1] Group 2: Competitive Landscape - Tesla, the market leader, saw a 1.3% gain to $297.81, while Rivian gained 3% to $13.13, suggesting a competitive environment in the EV market [3] - Lucid's strong performance today positions it to gain ground on both Tesla and Rivian, reflecting positive investor sentiment [3] Group 3: Production and Sales Growth - Lucid is focused on sustainable production scaling, with recent updates indicating increased sales of 38% year over year in the second quarter [4] - The company's current stock price is significantly below its 52-week high of approximately $4.43, suggesting a consolidation phase as it aims to expand its market presence in the premium electric vehicle segment [4]

VANCOUVER, BC, July 8, 2025 /PRNewswire/ -- GreenPower Motor Company Inc. (Nasdaq: GP) (TSXV: GPV) ("GreenPower" and the "Company"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, announces the closing of the fifth tranche of its previously announced secured term loan offering on July 4, 2025 for an aggregate principal amount of U.S. $250,000 (collectiv ...

RT ariel seidman (@aseidman)Excited to announce that Volkswagen's autonomous vehicle subsidiary, Volkswagen ADMT, has selected Bee Maps (powered by Hivemapper) spatial intelligence services to support its autonomous vehicle testing operations.Robotaxis + Hivemapper are a match made in heaven. Onwards 🚀 https://t.co/lo77YQn16b ...

BofA Securities analyst Justin Post maintained a Buy rating on Uber Technologies UBER and increased the price target from $97 to $115 on Tuesday.Uber remains a top pick for 2025 for Post. The price boost reflects Meta Platforms Inc META, Amazon.com Inc AMZN, Netflix Inc NFLX, and Alphabet Inc GOOGGOOGL (once collectively known as FANG) multiple expansion, as per the analyst. However, the multiple is still a discount to FANG comps given Uber’s higher multiple on GAAP earnings.Also Read: Uber Wins Analyst Pra ...

President Trump’s megabill favors obsolete gasoline-powered cars and hands Chinese electric-vehicle makers a win, said the head of a Chinese auto industry group https://t.co/v13yLLSSYC ...